RedPrairie First to Extend Supply Chain to Retail Shelf.RedPrairie uses consumer demand signals to help companies to optimize both people and products across their retail and supply chain networks MILWAUKEE & ORLANDO, Fla. -- RedPrairie Corporation, a world leading consumer driven optimization optimization Field of applied mathematics whose principles and methods are used to solve quantitative problems in disciplines including physics, biology, engineering, and economics. company, announced today at RedShift redshift Displacement of the spectrum of an astronomical object toward longer wavelengths (visible light shifts toward the red end of the spectrum). In 1929 Edwin Hubble reported that distant galaxies had redshifts proportionate to their distances (see 2007, its tenth annual user conference and industry summit, that it is the only solutions provider addressing the E2e(TM) supply chain with solutions that optimize people and products from store shelf to manufacturing. This expansion of the traditional supply chain to include the retail store drives revenue and provides strategic advantage to both retailers and suppliers. Additionally, RedPrairie is the only solutions provider to enable point of sale (POS (1) See point of sale and packet over SONET. (2) "Parent over shoulder." See digispeak. POS - point of sale ) demand signals to trigger and forecast inventory and workforce demand across the expanded chain. Says RedPrairie 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. John Jazwiec, "RedPrairie's E2e strategy presents our world leading customers with new ways to drive both top line revenue and bottom line results. Our solutions use consumer demand signals in the store to trigger optimization and synchronize See synchronization. every person and process in the chain back through manufacturing, resulting in reduced inventory and human capital costs. Additionally, by combining task management, inventory and workforce management Workforce Management (WFM) encompasses all the responsibilities for maintaining a productive and happy workforce. Sometimes referred to as HRMS systems, or even the larger ERP systems (Oracle, PeopleSoft, SAP). There are many software vendors within this space. at the retail level, we ensure the right people and products are in place at the right time to perfect the consumer experience and drive additional sales. No other solutions provider can deliver true end-to-end consumer driven optimization." By capturing demand signals, retailers maximize opportunities to fulfill consumer demand and align tasks and labor to provide the best consumer experience possible, resulting in increased revenues. Most companies today focus on the supply chain from their suppliers to the delivery at the retail store. However, without visibility to the product in the back room of the store or on the store shelf, they can't ensure products are available when the consumer wants them. Nor can they optimize their workforce and tasks within the store to perfect the consumer experience. RedPrairie President of Retail Productivity Solutions Kim Eaton says, "According to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. industry research, 47% of consumers leave the store due to inventory stock-outs, resulting in billions of dollars in lost sales revenue. Consumers are short on time and patience. When they can't find the exact items they want or someone to help them, they often walk out of a store empty-handed. This results in lost revenue for both retailers and suppliers." She continues, "With visibility and responsiveness to real-time consumer demand, RedPrairie customers can forecast their business in 15 minute increments to achieve highly accurate labor coverage and more precise inventories to match what consumers want. In the end, retailers are able to improve their business by capitalizing on revenue opportunities and aligning labor dollars to the right priorities." Says Jazwiec, "Suppliers and manufacturers also benefit from an E2e approach by leveraging the aggregation of demand signals captured by retailers to validate their forecasts and reduce safety stock in their supply chains." About RedShift RedShift 2007, RedPrairie's tenth annual user conference and industry summit, is an assemblage assemblage: see collage. assemblage Three-dimensional construction made from household materials such as rope and newspapers or from any found materials. of nearly 700 of the top retail and logistics minds in the world, imparting im·part tr.v. im·part·ed, im·part·ing, im·parts 1. To grant a share of; bestow: impart a subtle flavor; impart some advice. 2. the latest technology advancements and trends that optimize supply chain, retail and business operations Business operations are those activities involved in the running of a business for the purpose of producing value for the stakeholders. Compare business processes. The outcome of business operations is the harvesting of value from assets . Attendees have the opportunity to attend numerous interactive sessions, which serve as catalysts for reevaluating and improving operations. In addition to keynote speaker Walter Cronkite Walter Leland Cronkite, Jr. (born November 4 1916) is a retired iconic American broadcast journalist, best known as anchorman for The CBS Evening News for 19 years (1962–81). , conference presenters include top retail and supply chain executives from major international companies, including Briggs & Stratton, ConAgra, The Container Store, Exel, Lowe's and Ross Stores. About RedPrairie Corporation RedPrairie is a world leading consumer driven optimization company. Built on an advanced Service Oriented o·ri·ent n. 1. Orient The countries of Asia, especially of eastern Asia. 2. a. The luster characteristic of a pearl of high quality. b. A pearl having exceptional luster. 3. Architecture (SOA (1) (Start Of Authority) The first record in a DNS zone file. See DNS records. (2) (Service Oriented Architecture) The modularization of business functions for greater flexibility and reusability. ) developed over the past 10 years, the Years, The the seven decades of Eleanor Pargiter’s life. [Br. Lit.: Benét, 1109] See : Time RedPrairie integrated suite of solutions offers on-demand capabilities to over 25,000 sites worldwide for many of the world's largest companies. RedPrairie's E2e([TM]) solutions synchronize people and products throughout the customer buying cycle to ensure goods reach the right place at the right time. At the point of sale, this means consumers have access to desired products and that the store is staffed with the right people to help them make their purchases. In the production cycle, it means suppliers and manufacturers time and synchronize shipments and production based on demand signals from the retailer. And in the back room of the store, it means having the least amount of inventory, solving the "last yard" problem of the retail supply chain. With 20 global service sites and standard service methods that have been validated over the last 30 years, RedPrairie provides unparalleled service and support. For additional information, call 1.877.733.7724, or access www.RedPrairie.com. RedPrairie is a registered trademark of RedPrairie Corporation. E2e is a trademark of RedPrairie Corporation. The names of actual companies and products mentioned herein may be the trademarks of their respective owners. (c) 2007 RedPrairie Corporation. All Rights Reserved. |
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