Supply Chain Management
To survive and prosper, companies must improve their supply chain management processes.
Companies with scale can flex their muscles and extract maximum gain from suppliers. The rest simply have to work harder and smarter to compete. The online shopper demands the same level of service from all – 28 days is out, 28 hours is expected.
3EX.NET Supply Chain Management is an integrated set of tools designed to help multi-channel retailers and pure-play “etailers” gain a competitive edge. It achieves this by uniquely dovetailing a number of disparate business processes within a single application environment. By connecting merchandisers, marketers, forecasters, purchasers and stock controllers, 3EX.NET SCM is proven to reduce waste and greatly enhance the customer experience.
In Practice
In a multi-channel retailing environment, the marketing department is the creative hub of the organisation, creating and communicating incentives to maximise sales, feeding these back along the corporate chain to ensure that demand can be met with supply. Unfortunately, this process continuity is missing in many businesses – 3EX.NET SCM has been developed to bridge that gap.
3EX.NET SCM provides the marketing department with an easy-to-use, yet extremely powerful tool to create campaigns and promotions and to track and measure the success of those activities.
The software operates on very simple principles. Marketers plan campaigns, attaching the predicted results (as a ‘response curve’ over the life of the campaign), together with the percentage of sales of the product mix within that campaign.
As the multiplicity of campaigns begins to yield results, (sales orders), these are tracked by 3EX.NET, mathematically modifying the predicted models with the actual results. The response curve and product mix of each campaign is perpetually refined and can then be used as a template to forecast future activity.