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Outsourcing, mass customization and rising customer expectations have forced global businesses to operate their supply chains at higher levels of efficiency to maintain competitiveness and to achieve their operational and financial goals. This increasingly complex and rapidly changing business environment calls for solutions that are:
Efficient: Faster end-to-end response from suppliers and to customers increases value of "zero latency extended enterprise" ("Real Time")
Effective: Extend strategic program (e.g. VMI, Design Win) and collaborate activities to all levels of trading partners - thereby reducing supply chain cost and increase efficiency
Encompassing: Achieve network of well-connected community in an increasingly complicated and globally dispersed industry.
GridNode's extended enterprise businessware is a suite of collaborative value chain solutions that are developed to address business application and integration needs, involved in JIT, VMI and CPFR supply network operations.
Vendor-Managed Inventory (VMI) and other similar replenishment programs are becoming more prevalent in the supply chain every day. Although typically driven by the buying organization, a well-managed VMI program delivers benefits to both the buyer and the supplier. Unfortunately, many replenishment programs are implemented without a complete process or the supporting technology required to reduce combined inventory across the supply-chain while increasing service levels. GridNode's RosettaNet-enabled VMI solution has been deployed successfully to overcome the shortcomings.
CPFR is intended to allow retailers and suppliers to predict upcoming supply and demand, and to use that information to synchronize the retailer's merchandise plan with the supplier's sales plan. CPFR is a powerful tool that ''provides end-to-end visibility across the supply chain. This collaboration is beneficial to both the retailer and the supplier. GridNode's solution suite provides the XML messaging layer plus the existence of clear, defined standards that help collaborating supply and demand network partners transcend the restrictions of EDI.
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"In the highly competitive electronics distribution industry, ELKO Group continues to focus on providing our customers with excellent service, while enhancing our ability to work with our suppliers and internal divisions to rapidly respond to changing market conditions. GridNode’s reliable standards-based solution, supported by its top-notch implementation team, empowered ELKO to achieve faster and more accurate enterprise-wide visibility of our trading partners and multiple locations."
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Jens Hartmann
CEO, ELKO Group
See Elko press release here
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