Large global consumer goods companies with a combination of internal manufacturing and outsourcing must effectively predict demand and manage complex multi-national supply chain networks to ensure on-time in full delivery to their retail customers such as WalMart, CostCo, Amazon, QVC. etc. A CPG company must tightly schedule production reflecting the time actually required to produce its finished goods. This demands strong forecasting capabilities, and a very tightly controlled end-to-end supply chain.
Vecco provides mission critical end-to-end visibility and response capabilities to manage inventory. Projected inventory is automatically recalculated and compared to minimum and maximum targets as supply or demand events are recorded. User defined exception alerts will automatically be triggered when alert conditions are met. If the automated agent is unable to resolve the problem within user-defined policies and constraints, alerts will be triggered for manual intervention. Flexible hierarchies allow OEMs to evaluate performance at different aggregations of location, product and time.
Crucially, Vecco innately supports batch and process manufacturing – key to the food industry. We support collaborative planning and execution both with customers and suppliers. We provide available to promise and capable to promise functionality for a customer order based on approved sourcing for a sales area. Once an order is accepted, the system will “peg” allocated inventory lots to an order based on required attributes and reserve this inventory.
Once the product has been manufactured, getting the product into the hands of the retailer/end user is a critical process.
Vecco provides detailed visibility and tracking of shipments in the network to shippers, and customers (self-service look-up to customers). Alerts are generated to indicate challenges such projected early and late arrivals. The system will generate a shipment notice (ASN) when a shipment is made and capture the corresponding receipt notice (GRN). An automated process matches ASNs & GRNs and generates alerts for mismatches.
Warehousing, cold chain monitoring, and logistics are also tightly managed. Vecco handles some of the necessary load tendering functions including: carrier profile maintenance, online negotiation processes, request for shipment, carrier reply, alerts and notifications. The system closely monitors expiry dates allowing CPG companies to properly sequence lot shipments.
Vecco empowers companies to monitor and manage their supply chain performance. Our platform provides visibility into all user defined key supply chain performance metrics. We provide flexible scorecarding capabilities to monitor partner performance.