American Pacific Implements 4R Systems' Software to Improve Supply Chain Management and Customer Service.Business Editors WAYNE, Pa. & SAN FRANCISCO--(BUSINESS WIRE)--June 11, 2002 4R Systems' Supply Planning Product Suite Helps Home Furnishings Supplier Achieve Full Supply Chain Visibility to Better Anticipate Retailer Needs American Pacific Enterprises, L.L.C., a leading supplier of fashion home furnishings to major specialty and department store retailers, and 4R Systems Inc. today announced the selection of 4R's software to improve inventory management and service levels at American Pacific, after completing a successful consulting evaluation that began in June 2001. 4R is a developer of analytical tools that enable manufacturers and retailers of short lifecycle products to accurately match supply with demand. 4R's Supply Planning software converts point-of-sale and inventory data from American Pacific's retail clients, which include J.C. Penney, Linens `N Things and Target Corporation, into information that enables American Pacific to optimize stock levels from its distribution centers to client retail locations. It also allows American Pacific to predict consumer demand, which greatly enhances the company's ability to anticipate and respond to retailer needs. "Before our pilot program with 4R, we couldn't find a forecasting software solution that worked for us," said Greg Block, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. . "But 4R was different, demonstrating from the start a clear understanding of the challenges in managing short lifecycle products. 4R's software system will continue to help us improve our forecasting and supply planning abilities and achieve bottom-line results." 4R's Supply Planning software analyzes weekly POS (1) See point of sale and packet over SONET. (2) "Parent over shoulder." See digispeak. POS - point of sale data on sales and inventory at the SKU (StockKeeping Unit) The number of one specific product available for sale. If a hardware device or software package comes in different versions, there is an SKU for each one. SKU - stock-keeping unit level for American Pacific products, provides week-to-week consumer demand forecasts by SKU and store as far out as 39 weeks and determines optimal inventory levels for each SKU at every client store and American Pacific distribution center also for a 39-week forecast period. "American Pacific leads the industry in using sophisticated forecasting and inventory optimization tools to better serve its clients - contributing to its own as well as its clients' profitability," Jeff Singer, Chief Executive Officer of 4R, said. "At most other suppliers, the vast amount of data amassed on a daily basis simply goes to waste. But at American Pacific, this otherwise useless data is converted into invaluable information used to make informed decisions about product and client needs." About American Pacific American Pacific, founded in 1984, is a leading designer, distributor and marketer of quality home furnishings, primarily bed & bath. Its licensed and proprietary brand name products are distributed throughout the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. and internationally. AP is based in San Francisco San Francisco (săn frănsĭs`kō), city (1990 pop. 723,959), coextensive with San Francisco co., W Calif., on the tip of a peninsula between the Pacific Ocean and San Francisco Bay, which are connected by the strait known as the Golden , with domestic offices in New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of , South Carolina South Carolina, state of the SE United States. It is bordered by North Carolina (N), the Atlantic Ocean (SE), and Georgia (SW). Facts and Figures Area, 31,055 sq mi (80,432 sq km). Pop. (2000) 4,012,012, a 15. , and Ohio, as well as offices overseas in China, India, and Pakistan. About 4R Systems 4R Systems, Inc. is a leading provider of analytical software Analytical software is software that is designed specifically for and development of a particular environment or object. that allows retailers and manufacturers to increase the profitability of short lifecycle products by accurately matching supply with demand. 4R's products leverage transactional and point-of-sales (POS) data and turn it into critical decision-making information for forecasting and supply planning. The company was founded by supply chain experts Marshall Fisher of Wharton Business School and Ananth Raman of Harvard Business School Harvard Business School, officially named the Harvard Business School: George F. Baker Foundation, and also known as HBS, is one of the graduate schools of Harvard University. whose groundbreaking research on product lifecycles with over 30 world-class retailers pioneered the retail analytics sector. 4R is based in Wayne, Pennsylvania Wayne is an unincorporated community and a U.S. Post Office located on the Main Line, centered in Delaware County, Pennsylvania, United States. While the center of Wayne is in Radnor Township, Wayne extends into both Tredyffrin Township in Chester County and Upper Merion Township , and has international offices in Boston, Washington, D.C. and Milan. Clients include Ahold, American Pacific, Kenneth Cole, Linens `n Things, Nokia and Stride Rite. For more information, please visit www.4rsystems.com or call 1-866-4RSYSTEMS. |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion