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SC Finance & Revenue Management: Page 173

Valogix Issues New Inventory Planning and Optimization Tools

Valogix LLC, a vendor of inventory planning and optimization software for small and mid-sized businesses, has created the Valogix Inventory Planning SuiteApp, built on the NetSuite Suite Cloud Computing Platform.

SAP's U.S. Subsidiary Agrees to Acquire Procurement Specialist Ariba

SAP America, the U.S.-based subsidiary of Germany's SAP AG, has agreed to acquire Ariba, the software vendor specializing in procurement and business-to-business commerce.

Software AG Unveils Order-Visibility App to Detect Supply-Chain Glitches

Software AG has introduced iKnow, a visibility product for managing the order-to-cash process. According to the vendor, the new tool provides users with the knowledge and context needed to detect and diagnose supply-chain anomalies in real time.

New Life for Warehouse VMI

The demand for vendor-managed inventory programs in warehouses behaves "as a pendulum swinging back and forth between supplier and retailer," says John Mayer, vice president of sales with Park City Group. Over the last six to 12 months, he says, it has swung back in the direction of favoring VMI. Mayer has seen particular interest in the technique in the grocery industry.

Wrestling With Demand Variability in CPG

Downstream demand signals have been available in the retail world for some time now, but it has taken a while for suppliers to take full advantage of them. Mark Kremblewski, global business expert in demand planning with Procter & Gamble, likens the situation to the mining industry, which trades in deposits of both high- and low-grade ore. The latter type is more plentiful, but it's the first that offers the biggest payback from a better use of demand data in unpredictable situations.

Agentrics NeoGrid Launches Supply-Chain Collaboration Portal

Agentrics NeoGrid, a vendor of products for supply-chain synchronization, has created the NeoGrid Portal. The new collaboration tool integrates existing systems within a company, creating a single point of access for managing the entire network of a client's supply chain.

CombineNet Offers New Capabilities for Electronic Auctions

CombineNet Inc., a provider of strategic-sourcing systems for global supply chains, has developed new capabilities which allow procurement and sourcing managers to manage electronic sourcing events in a single platform.

Importance of Managing Indirect Procurement Costs Can't Be Overstated, Former CFO Says

As the former CFO of such companies as Sprint, Eastman Kodak Co. and Unisys Corp., as well as vice president of finance of General Electric Co.'s plastics division, Robert Brust's management philosophy was to bring procurement into the finance department, at times meeting daily with the purchasing team to go over expenditures line by line.

LeanLogistics Offers App for NetSuite Computing Platform

LeanLogistics, a provider of transportation-management system (TMS) software, has adapted its On-Demand TMS SuiteApp for the NetSuite SuiteCloud computing platform.

Terra Technology Unveils App for Long-Term Demand Sensing

Terra Technology has added to its Demand Sensing product suite with the introduction of a Long-Term Demand Sensing (LDS) application.

Pain Points in Business Forecasting

People, processes and technology are the three key areas where companies are experiencing "pain points" in their forecasting efforts, says Eric Ball, solutions manager with Avercast LLC. The people side is especially vital, given the trend within many companies of "trying to do more with less." Too often businesses rely on a new piece of technology to improve their forecasting, ignoring the need for humans to run the system. "Coupled with budget cutbacks left and right, developing personnel is a tremendous issue," he says.

Coping With Demand Variability in the Electronics Supply Chain

The electronic industry has always been characterized by high variability in supply and demand. With recent natural disasters such as the earthquake and tsunami in Japan, and flooding in the parts of the U.S., the problem has only become more acute. Tackling it requires state-of-the-art systems, strong management commitment, good customer service, well-run business processes, integration among functions and effective inventory-control procedures, says Dave Lentz, director of innovation and solutions marketing with Avnet Electronics Marketing Americas.

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