ModusLink Corporation, a wholly owned subsidiary of ModusLink Global Solutions Inc. (NASDAQ: MLNK), a global, omni-channel technology and fulfillment provider, today announced the launch of its new Enhanced Planning and Integrated Collaboration (EPIC) tool, expanding its end-to-end supply chain offerings with a fully integrated supply chain planning tool that helps customers drive increased efficiency and optimization of their supply chain resources.
The EPIC tool serves as a collaborative platform for all supply chain knowledge sharing with a single source of information, resulting in quicker and more informed decision-making. EPIC sits on top of an organization's enterprise resource planning (ERP) system and can simulate changes in supply and demand, and run real-time material requirements planning (MRP) scenarios in just seconds and store snapshots of history to enhance analytics for predictive planning.
As a result, organizations can quickly correct supply chain problems such as sourcing or material delays, more easily identify opportunities for gains in efficiency, reduce expenses and improve customer service.
"Our goal at ModusLink is to help customers build great products and customer experiences -ensuring that brands have the right information at the right time is one of the ways we're able to do that so effectively," said Tom Collins, Vice President, Supply Chain Planning at ModusLink. "At its core, EPIC is a tool that enables better communication between brands and their stakeholders, in order to create a more transparent supply chain. It's about better information being shared faster, which helps improve performance while keeping customers and suppliers happy."
Many brands and retailers today lack the expertise and tools needed to define the necessary goals, processes and technologies that will allow them to transform their supply chains into profit centers capable of differentiating their company from the competition. ModusLink's EPIC tool will help these organizations create a more responsive supply chain with improved end-to-end collaboration, enabling them to maximize the efficiency of their increasingly complex global supply chains.
EPIC enables the configuration of multiple, interconnected supply chain management and sales and operations processes. It balances demand and intelligence about supply chain operations quickly, collaboratively and in line with business objectives. Organizations can rely on EPIC as the backbone for all supply chain activities, including:
• Demand management, supply commitments and performance management
• Supply and demand balancing scenario simulations
• Business scenario assessments, including impact of demand and supply change and changes in attributed impact
• New product introduction planning
"The ability to streamline and optimize the processes that support the rapid delivery of innovative products is a critical success factor in an increasingly competitive environment," continued Collins. "Supply chains are incredibly dynamic and volatile - any number of variables, ranging from customer demand to unexpected weather or labor issues - can change things at a moment's notice. EPIC enables brands and retailers to head these issues off upstream rather than repair them when it's too late, after they've already impacted the business."
ModusLink EPIC will be available in March 2016. For more information, please visit www.moduslink.com.
Company URL: http://www.moduslink.com.