We use cookies to provide you with a better experience. By continuing to browse the site you are agreeing to our use of cookies in accordance with our Cookie Policy.
  • ::COVID-19 COVERAGE::
  • INDUSTRY PRESS ROOM
  • ABOUT
  • CONTACT
  • MEDIA FILE
  • Create Account
  • Sign In
  • Sign Out
  • My Account
Free Newsletters
  • MAGAZINE
    • Current Issue
    • Archives
    • Digital Edition
    • Subscribe
    • Newsletters
    • Mobile Apps
  • TRANSPORTATION
  • MATERIAL HANDLING
  • TECHNOLOGY
  • LIFT TRUCKS
  • PODCAST ETC.
    • Podcast
    • Blogs
      • Analytics & Big Data
      • Best Practices
      • Dispatches
      • Empowering Your Performance Edge
      • Logistics Problem Solving
      • One-Off Sound Off
      • Public Sector Logistics
      • Two Sides of the Logistics Coin
      • Submit your blog post
    • Events
    • White Papers
    • Industry Press Room
      • Upload Your News
    • New Products
      • Upload Your Product News
    • Conference Guides
    • Conference Reports
    • Newsletters
    • Mobile Apps
  • DCV-TV
    • DCV-TV 1: News
    • DCV-TV 2: Case Studies
    • DCV-TV 3: Webcasts
    • DCV-TV 4: Viewer Contributed
    • DCV-TV 5: Solution Profiles
    • MODEX 2020
    • Upload Your Video
  • MAGAZINE
    • Current Issue
    • Archives
    • Digital Edition
    • Subscribe
    • Newsletters
    • Mobile Apps
  • TRANSPORTATION
  • MATERIAL HANDLING
  • TECHNOLOGY
  • LIFT TRUCKS
  • PODCAST ETC.
    • Podcast
    • Blogs
      • Analytics & Big Data
      • Best Practices
      • Dispatches
      • Empowering Your Performance Edge
      • Logistics Problem Solving
      • One-Off Sound Off
      • Public Sector Logistics
      • Two Sides of the Logistics Coin
      • Submit your blog post
    • Events
    • White Papers
    • Industry Press Room
      • Upload Your News
    • New Products
      • Upload Your Product News
    • Conference Guides
    • Conference Reports
    • Newsletters
    • Mobile Apps
  • DCV-TV
    • DCV-TV 1: News
    • DCV-TV 2: Case Studies
    • DCV-TV 3: Webcasts
    • DCV-TV 4: Viewer Contributed
    • DCV-TV 5: Solution Profiles
    • MODEX 2020
    • Upload Your Video
Home » Advanced Energy Powers Innovations with FusionOps
Press releases are provided by companies as is and have not been edited or checked for accuracy. Any queries should be directed to the company issuing the release.

Upload your press release

Advanced Energy Powers Innovations with FusionOps

January 13, 2016
No Comments

FusionOps, the provider of the supply chain intelligence cloud, announced Advanced Energy, the leader in precision power conversion, is on track to reduce inventory by a few million dollars as a direct result of taking actions from insights obtained from FusionOps. Advanced Energy selected FusionOps as their supply chain analytics solution to gain better insights and Key Performance Indicators (KPIs) critical for driving operational excellence across their business. FusionOps offers a supply chain intelligence cloud that transforms data into actionable information to drive cost reduction, revenue growth and service level improvement.

"With our investment in supply chain management technologies, especially FusionOps, we have been able to accurately diagnose root cause issues and detect problems as well as opportunities at each step in our global supply chain," said Rajeev Ankireddypalli, Vice President of Information Technology at Advanced Energy. "The insights we gain from the FusionOps dashboards give us confidence in the critical decisions that ultimately drive our business success."

Empowering Better Decision Making
Advanced Energy provides an essential link in the manufacturing of applications and tools that consumers interact with every day - from industrial power, medical diagnostics and treatment, and analytical equipment to aerospace and defense and homeland security technology.

Fine-tuning and optimizing forecasting accuracy to improve fulfillment has historically been a complex exercise that required a team of IT and business analysts to dedicate months to deciphering data and creating reports. Because the business is constantly moving, these reports were more backwards looking than a representative of the current state. IT introduced FusionOps as part of an initiative to arm its business leaders with direct and immediate access to information that would allow better decision making and more confidence in production planning.

FusionOps changed the entire dynamic for Advanced Energy by providing a window into real-time, end-to-end operations of its supply chain and by eliminating unproductive time spent by IT on report building. The visualization and data science that make up the FusionOps platform results in improved business insights and accurate metrics. It has also allowed for limited IT resources to now be re-focused on strategic initiatives critical to the company welfare.

One Source of Truth from Prospect to Fulfillment
Advanced Energy relies on industry leading applications like Salesforce.com for sales forecasting and SAP for transaction processing. To have a complete view of the performance of its end-to-end operations, it needs the data in these stand-alone applications to be unified, analyzed and presented within a cohesive single platform. In the past, tapping into these information sources would require custom work done by a team of people using business intelligence tools that could take months.

Unlike this laborious and expensive approach, Advanced Energy was able to unify all its ERP and application data sources with the FusionOps platform in a matter of weeks to gain a crystal clear view of the state-of-operations and to have confidence in its decision-making process across its organization.

Added Ankireddypalli, "FusionOps is a one stop shop for supply chain information. We rely on it to show our key supply chain metrics to our C-level and senior management team and it is also utilized by teams for tactical operations on our factory floor."

Information, Root Cause, and Ease of Operation Lead to Better Insights
FusionOps infographics presentation of operations makes it easy for any business manager or C-suite executive to gain insights that drive business strategy and planning. In the case of Advanced Energy, it has meant the ability to compare their factory performance on a global scale, do cost-analysis and run specific calculations on the data in an instant. Critical insights to identify and remedy risk and discover opportunities for forecast improvement have led to significantly reduced inventory without impacting service levels.

"Advanced Energy exemplifies the new generation of data-driven companies that are leveraging cloud and domain-specific information platforms to optimize business operations and ultimately deliver better ROI for customers, partners, and shareholders," said Gary Meyers, CEO of FusionOps. "We believe there are endless possibilities for our clients to discover and utilize information to help them better manage risk and drive operational excellence throughout their organization."
More Resources

• Meet FusionOps customers: Advanced Energy
• Twitter: @fusionops
• LinkedIn: https://www.linkedin.com/company/fusionops
• Visit our website: www.fusionops.com

About Advanced Energy
Advanced Energy (Nasdaq: AEIS) is a global leader in innovative power and control technologies for high-growth, precision power conversion solutions. Advanced Energy is headquartered in Fort Collins, Colorado, with dedicated support and service locations around the world. For more information, go to www.advanced-energy.com.

About FusionOps
Thousands of users worldwide rely on the FusionOps supply chain intelligence cloud as the trusted source for getting actionable knowledge about their supply chain. It provides what no other vendor on the planet can: an advanced cloud platform, embedded data science that puts advanced analytics in the hands of business users, and supply chain models specific to the supply chain.

More Info: http://www.fusionops.com

Submit your logistics, material handling, or supply chain related company news in DC VELOCITY's Industry Press Room section or New Products section
  • Related Articles

    M+R Spedag Powers Transpacific Agent Rate Connectivity with CargoSphere Rate Mesh

    Seeq Corporation Expands Series B Funding with $24 Million to Fuel Advanced Analytics Growth Strateg

You must login or register in order to post a comment.

Report Abusive Comment

Most Popular Articles

  • Relaxed regulations for drone parcel delivery to take effect in March

  • IBM survey says digitalization trends will sweep trucking industry by 2030

  • Gartner survey signals increased investment in resilience over the next two years

  • Increasing Urgency for Vaccine Supplies Drives Launch of New Vaccine Manufacturing Resources on Thomasnet.com

  • What Level of Automation is Right for Your Warehouse?

Now Playing on DCV-TV

Ef7899d1 1c83 487b 9291 8af692931c96

myQ Dock Management

DCV-TV 4: Viewer Contributed
Introducing myQ Dock Management. Connect your loading dock equipment and iDock Controls from Poweramp, McGuire, or DLM to the cloud and view your loading activity online with myQ Dock Management.Facilities with myQ can monitor the real-time status of their docks and be proactive in improving efficiency and safety. ...

FEATURED WHITE PAPERS

  • Time to rethink your lift truck power

  • Warehouse Management System Project Toolkit

  • Solving Talent Management Challenges Now and In the Future

  • Shaping Up Last Mile Delivery to Surpass Customer Expectations

View More

Subscribe to DC Velocity Magazine

GET YOUR FREE SUBSCRIPTION
  • SUBSCRIBE
  • NEWSLETTERS
  • ADVERTISING
  • CUSTOMER CARE
  • CONTACT
  • ABOUT
  • STAFF
  • PRIVACY POLICY

Copyright ©2021. All Rights ReservedDesign, CMS, Hosting & Web Development :: ePublishing