Vecco International provides a game changing supply chain Planning & Inventory
Management (PIM) product for manufacturing, distribution, and construction
SMBs. The PIM platform uniquely provides many capabilities previously available
only to much larger enterprises.
PIM will enable SMB companies to move from a primary reliance on spreadsheets for supply
chain planning to managing at an enterprise level. Without this capability, SMBs cannot
effectively plan their inventory, production, procurement, create demand forecasts, monitor
for potential problems nor proactively respond to supply chain disruptions.
Inventory is often the largest asset on a company’s balance sheet and is a major driver of
cash flow. The planning of inventory – how much should I have, when should I order and
where it should be – is often done in custom Excel spreadsheets, which is both inefficient and
time consuming. There are very few ‘off-the-shelf’ solutions that do the level of planning
that manufacturers need, and even those do not look across the broader supply chain or are
very expensive to implement.
Vecco’s comprehensive SaaS Control Tower platform was built to enable large manufacturers
to visualize, plan and manage their end-to-end multi-tier supply and demand networks in real
time. It provides real-time, end-to-end visibility for the value chain owner enabling
collaborative planning, alerting, and solution execution. Vecco’s marquee customer was
Hewlett Packard, managing over $24 billion of throughput across multiple business units.
Smaller manufacturers do not require bespoke configuration but cannot afford the up-front
fees or the investment of key staff for a successful on-boarding. Yet, they have the same
challenges as their larger brethren, albeit at a reduced scale.
SMBs have an urgent a need for a SaaS product that is easy to install and use yet is powerful
enough to provide substantial functionality in a very cost-effective manner. Building upon its
large-scale experience, Vecco has adapted its solution to offer a first of its kind, affordable
and self-service PIM Solution. There is no comparable competitive solution.
The new SMB system uniquely enables required visibility, planning and execution capabilities
for smaller manufacturers. Specifically, it enables these companies to adopt best supply
chain practices to:
- forecast demand accurately at the SKU or customer level,
- connect and manage the supplier base and procurement activities,
- balance inventory and resiliency while maintaining and evolving inventory policies,
- generate production and purchase plans based on bills of material, and
- monitor & receive real-time alerts enabling timely response capability.
Vecco’s affordable PIM system integrates with the internal accounting (such as Quickbooks),
ERP (such as NetSuite), CRM, order entry, and other systems a manufacturer has in place
without disruption.
The unique effectiveness of the Vecco system has been recognized by Gartner and other
analysts.
“Vecco provides granular and aggregate-level planning across multi-enterprise supply
VP Supply Chain Planning, Gartner
chains for SMBs. A significant part of its value proposition is its ability to help converge
planning (especially short-term response planning) and execution. Vecco’s pricing
model allows SMB access to technology and capabilities that would otherwise only be
available to large companies through vendors such as E2Open & Kinaxis.”
To request a demo or inquire for more information about this game-changing system, please email info@veccotech.com and one of our experts will reach out to you.