Provides configurable Supply Chain processes required by companies to provide better customer service and control operational costs. Highly advanced logic based stock put away, collection and intelligent direct stock movement features in PALMS™ helps dramatically control labor costs and space utilization. The solution based on its Service Oriented Architecture offers full integration to sales, purchasing, logistics and other 3rd party systems. (more…)
Lean is the flavour of the decade. With the global economic recession fairly widespread and margins under pressure, manufacturers are increasingly looking towards cost cutting as a tool for improving profits. And where else to cut costs than that biggest of all culprits – that elephantine mammoth INVENTORY! (more…)
Irrespective of personal political preferences, it is indeed heartening for all of us to finally see a government which is able to stand up on its own without the shoves & pulls of multiple coalition partners – or the politics of “coalition dharma”. The new PM has been taking all the right decisions so far – that of “Minimum Government & Maximum Governance”, “A Trimmed Cabinet” and so on and so forth, resulting in an unprecedented euphoria in the industry – well manifested in the surging stock indices. However, very soon the new government will need to get beyond words and get down to the actual brass tacks of governance. (more…)
Technoforte participated in Oman’s premier IT, Telecom & Technology Expo on 7-11 April 2014.
Extended Supply Chain Systems – the need of the hour
Supply Chain Systems today have become powerful with the advent and increase in use of the internet. Back in the 80’s the systems data usage and analytics was restricted and disparate in nature. Systems were in silos and not connected to each other. For example the manufacturer, supplier, and the retailer/end customer data was restricted to its network.
Today the data available for analysis at the manufacturer end can benefit the supplier or the customer or vice versa. Such data can be shared using standard communication formats using Electronic Data Interchange (EDI), Web Services, Partner Portals and the like.
Extended supply chains have become critical success factors in various industry sectors. Let us examine a few sectors to get an idea of how business scenarios and challenges can be addressed by an all-encompassing supply chain setup.
Large retailers today, share sales data, by location, with their suppliers resulting in competition amongst the suppliers to offer better prices, quality and timely delivery of goods to the retailer, which ultimately benefits the end customer.
Large Distribution centres extend their system to their stockists for them to get a visibility of inventory availability and place orders real time. Stock allocation happens accurately resulting in timely supply of goods to the stockists. The stockists also have visibility of quantity and expected receipts. Extending the stock allocation functionality to the stockist helps the distributor define his saleable and non-saleable inventory clearly.