Coortex develops cloud-based production planning and control technology that automates industrial management processes, enabling manufacturers to optimize machine load and inventory alignment. This solution enhances on-time delivery rates by over 89% while reducing operational costs and setup times through efficient scenario simulations.
Funding
$60K raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Many manufacturers struggle with inefficient production planning and control, leading to missed deadlines, high operational costs, and difficulties in optimizing machine load and inventory. Traditional methods often rely on spreadsheets and manual processes, which are time-consuming, prone to errors, and lack real-time visibility.
Solution
Coortex offers a cloud-based production planning and control system that automates industrial management processes, enabling manufacturers to optimize machine load and align inventory with demand. The platform allows users to simulate different production scenarios, taking into account machine capacity, labor, and tooling, to make informed decisions. By integrating with existing ERP and MES systems, Coortex provides a comprehensive solution for managing production orders, reducing setup times, and improving on-time delivery rates.
Target Audience
Coortex primarily targets manufacturing companies seeking to improve production efficiency, reduce operational costs, and enhance on-time delivery performance.
Features
- Cloud-based platform accessible from anywhere with an internet connection
- Machine load simulation, considering demand, capacity, labor, and tools
- MPS/S&OP module for automated production planning based on the theory of constraints
- MRP module to relate inventory and supply management with production capacity
- Sequencing module for automated production order sequencing to meet deadlines and reduce setup times
- Integration with ERP and MES systems via API
- Customizable rules to meet specific customer needs and production process restrictions
- Gantt charts, reports, and dashboards for visualizing bottlenecks and tracking performance