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News Release from: WeSupply.com
Edited by the Manufacturingtalk Editorial
Team on 06 June 2007
WeSupply recognised in IT awards
Wesupply recognised in the 2007 Best of British Manufacturing IT Awards 2007 for best ROI and benefits from IT Supply Chain Management category.
Wesupply.com outclassed notable names as runner up in the 2007 Best of British Manufacturing IT Awards 2007, with its electronic, intelligent and collaborative supply chain solution for Cummins Turbo Technologies, in the Best ROI measures and benefits from IT Supply Chain Management category Cummins Turbo Technologies and Wesupply.com received the trophy not only for manufacturing and engineering business excellence through the use of good IT intelligently implemented, but for their achievements in terms of hard, measurable ROI and business benefits
This article was originally published on Manufacturingtalk on 24 Apr 2007 at 8.00am (UK)
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Testament to that is their 22% reduction in working capital tied up in excess inventory and reduction in stock losses of approximately u80,000 per annum.
Cummins Turbo Technologies use Wesupply.com to communicate demand information on a daily basis providing two-way information highlighting shortfalls and using exception alerts.
This award follows Wesupply.com and Cummins Generator Technologies success in 2006 as Supply Chain Management winner.
Using Wesupply, Cummins Turbo Technologies has improved the availability of material in the supply chain and given suppliers more control over their production and available capacity.
They have cut lead times, improved product availability, customer deliveries and significantly improved the speed and accuracy of its demand and fulfillment processes.
Craig Manderson, Project Leader at Cummins Turbo Technology is delighted with the award: "It serves as a sound example of collaboration between suppliers and customer - the project was the result of a Six Sigma programme aimed at cutting lead times and improving customer deliveries".
"The Wesupply solution provides for two-way information with the portal highlighting such things as shortfalls using exception alerts".
"We've closed off all the old problems - now our suppliers and ourselves have visibility of material availability and stock transactions leading to better inventory controls". Request free introductory details about products from WeSupply.com ...
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