RedPrairie Unveils New Network Sourcing Solution to Reduce Fulfillment Costs and Improve Service.Business Editors WAUKESHA, Wis.--(BUSINESS WIRE)--March 5, 2004 Web-based Application See Web application. Increases Supply Network Efficiency Through More Intelligent Inventory Allocation and Shipment RedPrairie Corporation, a leader in global supply chain technology solutions, today unveiled a new network sourcing solution that enables orders to be optimally sourced from multiple locations and suppliers to increase supply network flexibility and efficiency. The new solution, DLx(R) SourceRight, is a rules-based order sourcing application that integrates multiple host order management and warehouse management systems across extended supply networks to determine the best location to fulfill each order or sub-order. The result is increased efficiency, more flexible and cost-effective inventory allocation, and improved customer service. DLx SourceRight provides user-configurable inventory allocation rules for customer requirements, distribution and supplier locations, product and facility characteristics, geographic proximity and other supply network considerations. This provides network wide visibility to orders and inventory to enable lowest cost, best service allocation and shipment, while balancing workflow. This is especially beneficial for retail store replenishment replenishment the addition of an appropriate quantity of properly prepared solution containing the correct concentration of chemicals to the developer solutions used in radiography. and direct to consumer operations, and is essential for available to promise environments. Comments John Jazwiec, RedPrairie Company Leader, "Many companies do not have adequate visibility to current or expected inventory across their supply networks on which to base sourcing decisions. This often leads to orders being delayed for lack of inventory at one site that could easily be shipped from another site or supplier. Or conversely con·verse 1 intr.v. con·versed, con·vers·ing, con·vers·es 1. To engage in a spoken exchange of thoughts, ideas, or feelings; talk. See Synonyms at speak. 2. , orders frequently are shipped from the order receipt location when they could be shipped faster and more economically from locations nearer the customer. DLx SourceRight solves these and many similar sourcing problems to create more efficient and customer-focused fulfillment operations." Adds Susan Rider, RedPrairie Customer Development Leader, "What sets DLx SourceRight apart from other sourcing applications is that it not only provides real-time visibility to current inventory across customers' extended supply chains, it also factors in expected receipts and production on a date-sensitive basis to allocate future inventory based on customer ship dates. And because it integrates to WMS WMS Warehouse Management System WMS Web Map Service (open geospatial consortium specification) WMS West Middle School (Rochester Hills, MI) WMS Workforce Management Software WMS Wechsler Memory Scale and transportation systems, allocation algorithms There are various ways in which memory can be managed and allocated. In the most general sense, dynamic memory allocation is achieved using a heap. This heap may be represented as one or more regions of memory, which may then be subdivided by some means into any number of blocks or can be extended to take into account factors such as product aging and expiration dates Expiration Date The day on which an options or futures contract is no longer valid and, therefore, ceases to exist. Notes: The expiration date for all listed stock options in the U.S. , value added Value Added The enhancement a company gives its product or service before offering the product to customers. Notes: This can either increase the products price or value. service requirements, workload balancing, dock door capacities and transportation costs. This brings a level of efficiency to distribution operations not previously available." DLx SourceRight comes pre-integrated to RedPrairie's comprehensive supply chain execution and optimization suite, with pre-built adaptors for ERP (Enterprise Resource Planning) An integrated information system that serves all departments within an enterprise. Evolving out of the manufacturing industry, ERP implies the use of packaged software rather than proprietary software written by or for one customer. suites from SAP, Oracle and PeopleSoft. It can also be easily interfaced with multiple legacy host and distribution systems to create a single sourcing solution across today's complex, disparate distribution environments. DLx SourceRight is currently being deployed in a retail distribution network, with general availability in April. About RedPrairie Corporation RedPrairie is a leader in supply chain technology solutions that help customers achieve global logistics results, end-to-end across their extended supply networks, driving out costs, improving customer service and creating competitive advantage. RedPrairie's RFID-enabled suite of supply chain execution solutions provide the industry's leading transportation, productivity, and distribution management capabilities, enhanced with optimization components for real-time visibility, sourcing, quality control, supplier collaboration and performance management. RedPrairie provides industry-tailored solutions for many markets, including consumer goods consumer goods Any tangible commodity purchased by households to satisfy their wants and needs. Consumer goods may be durable or nondurable. Durable goods (e.g., autos, furniture, and appliances) have a significant life span, often defined as three years or more, and , retail, food and beverage F&B is a common abbreviation in the United States and Commonwealth countries, including Hong Kong. F&B is typically the widely accepted abbreviation for "Food and Beverage," which is the sector/industry that specializes in the conceptualization, the making of, and delivery of foods. , high tech / electronics, third party logistics, industrial / wholesale, automotive and service parts, pharmaceuticals, and healthcare. Customers include Hewlett-Packard, Sony, Thames Water Thames Water, known originally as the Thames Water Authority and after privatization as Thames Water Utilities Limited, is the utility responsible for water supply and waste water treatment in parts of Greater London, Surrey, Wiltshire, and the Thames Valley in the , Procter & Gamble, Nestle, Panasonic, Georgia-Pacific, Eveready, Merck Sharp & Dohme, Unilever, Exel, GE, TNT TNT: see trinitrotoluene. TNT in full trinitrotoluene Pale yellow, solid organic compound made by adding nitrate (−NO2) groups to toluene. Logistics, Amazon.com, and many others. For additional information, call 1.877.733.7724, or access www.RedPrairie.com. RedPrairie is a trademark, and DigitaLogistix and DLx are registered trademarks of RedPrairie Corporation. (C) 2004 RedPrairie Corporation. All Rights Reserved. |
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