Oco releases its new Supply Chain Analytics Solutions Suite, which
gives retailers visibility into supply chain functions, including
transportation & logistics, inventory & customer service, and
sourcing. The new suite of solutions provides analytical insight that
helps retailers implement supply chain strategies, such as targeted
cost reduction, improved inventory management, working capital
reduction, enhanced supplier performance and improved customer service
levels.
Oco's analytics suite integrates data from multiple sources, host data
in a data warehouse, and offer business intelligence tools to help
retailers gain insights from advanced analytics and visualization
capabilities.
The New Supply Chain Analytics Solutions Suite includes:
- Reporting that allows users to analyze (slice and dice) integrated supply chain data across numerous dimensions
- Interactive executive dashboards
- What-if scorecards
- Exception reports and alerts
- Ad-hoc analysis tools to address an inquiry
- Graphical visualization capabilities.
The solutions also allow companies to collaborate with customers, suppliers, and other outside parties through a Web interface.
The solutions in the Oco Supply Chain Solutions Suite include:
- Oco Transportation Analytics provides a view of an organization's
entire transportation performance, including all transportation spend
on a detailed level, capacity utilization, carrier performance,
comparison to budget or revised plans, and delivery performance.
- Oco Inventory Analytics enable companies to gain visibility into
their inventory across a multi-tiered global network, including
quantities, value, status, availability, age and expected usage.
- Oco Sourcing & Supplier Analytics provides a view of a company's
supplier performance and spend. These analytics cover a number of
areas, including spend analysis, supplier performance tracking and
evaluation, and purchase order status.
Fred's Stores Add Electronic Receiving
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Fred's Stores rolls out Direct Store Delivery Receiving from
SofTechnics. The system will be rolled out across 650 stores by the end
of September 2009. The discount chain will use an in-store receiving
application; a module within SofTechnics' SoftGrocer suite that is
integrated with Fred's host and internal accounting systems.
Fred's is utilizing in-store receiving for improved gross margins,
accuracy, and control of their entire line of direct delivery products,
which is its expanding assortment of items within their stores.
"Fred's has formed a partnership with SofTechnics and is pleased with
the SoftGrocer receiving application," says Jim Deats, senior vice
president and CIO, Fred's. "This system has reduced the time to receive
product in the stores, simplified procedures, provided needed control
over this process, and improved the timing of detailed inventory
balances. Perhaps the most important benefit is the savings we have
experienced by ensuring accurate costing of products."
"We conducted store surveys after the implementation of SoftGrocer and
received high approval ratings from our Store Managers due to the
improved accuracy and increased productivity," says Teresa Gabor, vice
president of corporate direct purchases, Fred's.
"We consider this project a win/win for Fred's and our Direct Vendor Community." Fred's in-store receiving solution utilizes one component of
SofTechnics' suite of store level mobile applications to provide
electronic invoicing of direct deliveries utilizing EDI standards for
Direct Exchange (DEX) and Network Exchange (NEX).
"SoftGrocer provides a single point of control for received items and
inventory management," says Jim Sanders, vice president systems
development, Fred's. "It makes receiving, replenishment, and tracking
of store inventory efficient and precise. There are tools to help our
store associates focus on exceptions and it is configurable to meet our
specific needs. We've built tools to give us visibility into vendor
violations and invoice discrepancies to assist our merchants in
managing the vendor relationships and in maintaining quality delivery
standards."