Datalliance Continues Global Growth in 2016
(Thomson Reuters ONE) -
World's Largest Provider of Cloud-based Vendor Managed Inventory (VMI) Platform
Services Grows in World-wide Consumer and Industrial Markets
CINCINNATI, Feb. 10, 2017 (GLOBE NEWSWIRE) -- Datalliance today announced that
the company once again extended its track record of consistent growth over the
past 20+ years. Increases came from new and expanded customer subscriptions for
the Datalliance Vendor Managed Inventory (VMI) platform and associated services.
Twelve new customers were added in North America and Europe - many of which are
household names spanning consumer goods, medical, electrical and plumbing
industries. Those new customers are or will be managing products as diverse as
over the counter (OTC) pain relief, cold and allergy medicines; personal care
items such as mouthwash, lotions, fragrances and baby care products; tobacco
products; blood plasma products; energy management products, electrical
controls; pipe fittings, valves, toilets, tubbing and more. So the momentum of
companies in a variety of consumer and industrial segments moving to VMI by way
of Datalliance continues.
As the world's largest independent Vendor Managed Inventory platform and service
provider, Datalliance VMI saw increases in all key volume statistics and now
manages 20,000+ locations, 24 million+ SKU's, and $40B+ in annualized customer
sales.
In addition to North America and Europe, Datalliance consumer and industrial
product customers added more supported locations in the Latin American and
Asia/Pacific regions. VMI is just beginning to be adopted in those areas of the
world.
Datalliance also continued to develop important new VMI process innovations
through delivery of three new releases of its cloud-based VMI platform.
Enhancements and extensions that push the boundaries of traditional VMI included
advanced product availability checking (e.g. in SAP), enhanced promotion/event
handling, multi-divisional replenishment rule handling (e.g. for operations in
multiple countries) further automated returns planning and more.
"We are pleased to see the continued level of VMI growth on a global basis,"
said Carl Hall, Datalliance CEO and President. "As is usually the case, several
of our new customers are transitioning their VMI programs from legacy systems to
our Datalliance VMI platform, while others are launching VMI programs for the
first time. In some cases, we are working with companies that are pioneering the
first use of VMI within their product category."
About Datalliance
Datalliance is the world's largest provider of technology and services to
support collaborative replenishment programs such as Vendor Managed Inventory
(VMI) and related approaches. Delivered as a cloud-based platform backed by
extensive customer care, Datalliance makes it easy for trading partners to
establish inventory management relationships that increase sales and profits by
fully aligning business objectives, increasing on-shelf availability, optimizing
turns, and reducing supply chain costs. Datalliance manages billions of dollars
in orders, millions of SKUs, and tens of thousands of locations worldwide for
leading companies in consumer and industrial markets. For more information about
Datalliance, visit www.datalliance.com.
Contact: Brian Lindner, Datalliance
513-791-7272
This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Datalliance via GlobeNewswire
Unternehmensinformation / Kurzprofil:
Datum: 13.02.2017 - 14:47 Uhr
Sprache: Deutsch
News-ID 523728
Anzahl Zeichen: 4056
contact information:
Town:
Cincinnati
Kategorie:
Business News
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