Slow communication and a lack of visibility into supply and demand drive up costs and contribute to poor customer service. These problems affect retailers and manufacturers alike and result in product stock-outs, high inventory levels, and reduced capacity utilization and order-fill rates. To solve many of these complex problems, Sterling Commerce leveraged its expertise in supply-and-demand visibility and automated collaboration to create Sterling Inventory Replenishment. This new addition to the Sterling Selling and Fulfillment Suite enables companies to create a truly collaborative replenishment process with their customers and suppliers.
Inventory strategies, such as lean manufacturing, vendor-managed inventory, and CPFR (collaborative planning, forecasting, and replenishment), are often difficult to execute because companies cannot see their trading partners' information and find the development of joint plans and forecasts to be labor-intensive. Sterling Inventory Replenishment helps companies reduce complexity and execute these strategies effectively by creating a collaborative environment for inventory planning. The solution analyzes daily inventory and sales information, automates the purchase-order generation process, and delivers an optimal inventory plan with the capability to execute it.
Company: Sterling Commerce
Company URL: www.sterlingcommerce.com