VCRP™ Benefits
Business Benefits
The research is clear: Overall value chain performance ultimately determines your business’ performance and value.
Vecco uniquely enables companies to intelligently respond to the constant change in supply, demand, products and partners resulting in:
- Improve perfect order fill rates / Service levels
- Increase inventory turns
- Increase revenue while lowering execution costs
- Increase responsiveness, agility and resilience
- Abate supply chain event risk.
VCRP™ creates end-to-end supply, logistics and demand visibility and multi-enterprise orchestration without requiring changes to existing IT investments. This allows firms to maximize revenue potential while minimizing operating costs for global businesses. It provides an agile event response capability which enables transformative levels of business performance and service levels, creating a time-based competitive advantage.
Deloitte, for example, has identified systemic approaches to Supply Chain issues as critical.
“Digital supply networks and analytics can be powerful enablers …The risks from not “connecting the dots” through available data can be significant”.
The VCRP’s unique combination of real-time Visibility, Planning and Execution capabilities provides numerous specific benefits:
PWC has quantified these potential financial benefits associated with improved end-to-end supply chain performance.
To paraphrase Peter Drucker, if you can’t measure it, you can’t improve it.
VCRP also provides Benchmarking tools that enable clients to measure the before and after supply chain performance and the associated ROI and opportunities for improvement.
One very important benefit that is difficult to quantify however, is dramatically improved collaboration with your key trading partners.
Clients can facilitate shared information exchange that benefits all parties by providing insight into current issues, future plans and collaboration opportunities.
Clients can monitor critical performance data from any partner, drill down to individual metrics and transactions and create or modify them as needed. Alert information is fed back for adjustment and execution automatically. This traceability and visibility can extend from root ingredient batch to finished packaged product delivered to a specific user.
