Companies must streamline supply chain flows to ensure that customers have products when, where and how they want them.
Raleigh, NC, and Dallas, TX (PRWEB) February 05, 2013
Forecasting demand in today’s volatile business environment is challenging, with multichannel sales further complicating the mission of end-to-end supply chains.
Demand-driven is the only operations strategy that allows supply chains to respond in real time by synchronizing all trading partners around the shared goals of minimizing costs, reducing lead times, and satisfying evolving customer expectations.
“Companies must streamline supply chain flows to ensure that customers have products when, where and how they want them,” says Jim Tompkins, CEO and President of Tompkins International, in a new video with Greg Brady, CEO of One Network. “With all industries, greater orchestration of sales and delivery channels translates into new ways of thinking about how technology, distribution, fulfillment and inventory melt into one strategy to meet customers’ needs in real time,” Tompkins adds.
In the video, Brady further explains how demand-driven takes a complex environment and simplifies it for the benefit of both the consumers and organizations involved.
“Companies – whether B2B or B2C – can connect directly to consumer demand and flow this information back to suppliers in an elegant system,” Brady says. “This reduces inventory and transportation costs, operational expenses and IT investments, as well as leads to significant improvements in service levels and consumer sell-through.”
For more insight, watch this short video: The NEW Demand-Driven Operations.
About Tompkins International
Tompkins International transforms supply chains to create value for all organizations. For more than 35 years, Tompkins has provided end-to-end solutions on a global scale, helping clients align business and supply chain strategies through operations planning, design and implementation. The company delivers leading-edge business and supply chain solutions by optimizing the Mega Processes of PLAN-BUY-MAKE-MOVE-STORE-SELL. Tompkins supports clients in achieving profitable growth in all areas of global supply chain and market growth strategy, organization, operations, process improvement, technology implementation, material handling integration, and benchmarking and best practices. Headquartered in Raleigh, NC, USA, Tompkins has offices throughout North America and in Europe and Asia.
About One Network Enterprises
One Network Enterprises Inc., a high growth technology company, provides the world’s first enterprise networking platform that exploits the latest principles–mobile apps, social networking, cloud-based computing—that are revolutionizing consumer technology. Known as the Real Time Value Network, this unique and revolutionary platform is used today primarily to drive dramatic improvements in demand, supply and logistics management effectiveness and efficiency. All of the stakeholders in any trading partner community have access via this platform to timely and accurate information, and a “single version of the truth,” regarding changes in demand and supply conditions. This enables trading partners to plan, execute, monitor, synchronize and optimize in real time all of the business processes and events that take place throughout their extended supply chains. The Real Time Value Network currently serves a pre-existing community of more than 30,000 trading partners.
Myra Schwartz, 919-855-5533
Nicole Farris, 972-455-3527