Valdero's Customers Recognized as Supply Chain Leaders.Business Editors/High-Tech Writers PALO ALTO, Calif.--(BUSINESS WIRE)--Dec. 2, 2003 Net.com Listed on InfoWorld's 100 Visionary Companies and Advanced Fibre Communications Honored with Supply Chain Systems Magazine's 2003 Supply Chain Innovator Awards Valdero(C) Corporation, a leading provider of supply chain software, today announced that two of its customers, net.com (NYSE NYSE See: New York Stock Exchange : NWK NWK Newark NWK Network Layer (Layer 3 of the WCPE protocol stack) NWK New Wet Kojak (band) NWK Newark Penn Station (Amtrak station code) NWK Networking ) and Advanced Fibre Communications(R), Inc. (AFC (1) (Application Foundation Classes) A class library from Microsoft that provides an application framework and graphics, graphical user interface (GUI) and multimedia routines for Java programmers. (R)), recently received two of the industry's most prestigious and respected awards. The two honors include being named to InfoWorld's 100 Visionary Companies and Supply Chain Systems Magazine's 2003 Supply Chain Innovator Awards. The honors reflect Valdero's growth and commitment to solving the supply and demand chain problems faced by today's manufacturing organizations. "We are extremely pleased to have our customers recognized by these top publications," said S. Singh Mecker, Valdero's president and chief executive officer. "We congratulate net.com and AFC for these honors." InfoWorld 100 Visionary Companies InfoWorld, an International Data Group (IDG IDG International Data Group IDG Integrated Drive Generator IDG Installation Design Guide IDG Internet Discussion Group IDG Inset Dielectric Guide IDG International Dangerous Goods (mail, shipping) ) publication, delivers in-depth coverage and evaluation of IT products to over 500,000 weekly readers. The InfoWorld 100 list celebrates enterprise IT projects that have made the best use of technology to meet business goals. Entries were judged on innovation and project complexity. The InfoWorld 100 appeared in the November 10, 2003 print issue can be reviewed in its entirety at: http://www.infoworld.com/reports/44SRiw100.html. Net.com - InfoWorld 100 Winner in Telecommunications Category Under InfoWorld's competitive Telecommunications Category, net.com, www.net.com, with a base of more than 1,750 customers in more than 75 countries, was acknowledged for its rules based allocation system. Net.com leverages the Valdero solution to match supply with demand to prioritize orders, maintain customer service levels, and fulfill demand to meet business objectives. With the Valdero solution, net.com has seen significant benefits by having visibility into its extended manufacturing process. Supply Chain Systems Magazine - Supply Chain Innovators Award Supply Chain Systems Magazine, the automation/collaboration resource, helps developers and marketers of supply chain solutions succeed in a challenging market characterized by many obstacles. It takes more than 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. , 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 , TMS TMS Transcranial Magnetic Stimulation (alternative medicine for depression) TMS Test Match Special (sports - cricket) TMS Texas Motor Speedway TMS Transportation Management System TMS Toyota Motor Sales , and other three-letter acronyms to be an innovator. Figuring out how to best integrate different supply chain planning and execution systems can be a daunting daunt tr.v. daunt·ed, daunt·ing, daunts To abate the courage of; discourage. See Synonyms at dismay. [Middle English daunten, from Old French danter, from Latin task, but professionals know that this is where the equivalent of a business' blocking and tackling takes place. The innovator awards went to companies that have rolled up their sleeves and taken on the tough tasks to improve their business' efficiency, speed, and customer service. The innovator awards appeared in the October issue and can be viewed in their entirety at: http://www.scs-mag.com/reader/2003/2003_10/integ1003/index.htm AFC - Honorable Mention in Supply Chain Innovators of 2003 Outsourced manufacturing is a key component of AFC's market strategy, but the company's existing ERP system provided a view only into internally held inventories. Missing from the picture, literally, were inventory levels for AFC's suppliers and contract manufacturers (CMs). AFC implemented Valdero to combine data from four CMs plus its own ERP system to present information about supply in a personalized fashion, with support for exception management, as well as deeper analytical capabilities on demand. The results, one year after the project was completed: excess inventory reduced by 95 percent; turns improved 62.5 percent (from 4 to 6.5). About Valdero Valdero Corporation (www.valdero.com) is the leading provider of inventory visibility and order fulfillment software applications. Valdero creates high velocity supply and demand chains through real-time visibility, collaboration and execution. With Valdero, businesses can reduce excess and obsolete inventory Obsolete Inventory Term that refers to inventory that is at the end of its product life cycle and has not seen any sales or usage for a set period of time usually determined by the industry. This type of inventory has to be written down and can cause large losses for a company. , reduce operating costs and order cycle times. Valdero's solution can be implemented in as little as three months. Applicable across manufacturing companies in the high technology, automotive and consumer markets, Valdero is currently in use at industry-leading companies such as Leapfrog, Advanced Fibre Communications (AFC), Extreme Networks, Juniper Networks, net.com, and Enterasys Networks. Based in Palo Alto, California “Palo Alto” redirects here. For other uses, see Palo Alto (disambiguation). Palo Alto (IPA: /ˌpæloʊˈʔæltoʊ/, from Spanish: palo: "stick" and alto: "high", i.e. , Valdero is a privately held company privately held company A firm whose shares are held within a relatively small circle of owners and are not traded publicly. backed by premier venture capital firms Name Location Founding date Managing Partners/Directors Specialty Capital managed 5AM Ventures Menlo Park, CA; Waltham, MA 2002 John Diekman, PhD (managing partner), Scott Rocklage, PhD (managing partner), Andrew Schwab (managing partner) life sciences $200M [1] including Kleiner Perkins Caufield & Byers, Mohr Davidow Ventures, Trinity Ventures, and Integral Capital Partners. For more information visit www.valdero.com. |
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