New functionality designed to help suppliers, retailers ensure quality controls and ethical standards compliance
New York — January 20, 2006 — Solution provider Jesta I.S. has debuted two new modules designed to help soft goods suppliers and their retail customers ensure that they have the proper quality controls and ethical standards compliance in place in their supply chains.
The new Quality Control and Social Compliance modules are part of Jesta's Vision Supply Chain Management (Vision SCM) solution.
The main objective of the Quality Control module is to provide insight into the quality of product by setting up processes to monitor and report on quality levels and approval thresholds, helping to produce reliable supplier ratings.
The Quality Control module was designed using workflow paths with quality checkpoints as user-defined steps to validate that goods are meeting associated quality ratings. This is critical to product sell-through and to the reputation of the brand owner and retailer, Jesta said.
Ensuring Ethics Compliance
In addition, Vision SCM's Social Compliance module generates a checklist and associates ratings for suppliers' facilities, allowing retailers and wholesales to ensure that they are working with reputable partners.
Knowing that goods are produced in an environment that meets desired quality and environmental standards is becoming increasingly important for wholesalers, retailers and consumers. Organizations can gain consumer trust by working with suppliers that can prove they follow these requirements and have high ethical standards.
The other modules in the Vision SCM solution include:
"Vision Supply Chain Management (Vision SCM) enables partners throughout the supply chain to collaborate, track procedures, manage the bidding process and now ensure the quality of products and that production facilities meet the social standards of today," said Leslie Belcher, President of Jesta I.S.
Upgrade for Vision Merchandising
The solution provider also announced today its latest release of Vision Merchandising, which has been certified on Oracle's 10g Application Server. New functionality includes the ability to manage leased departments and consignment merchandise, promotional pricing models, expanded vendor and purchase order management features, additional replenishment algorithms for hard goods and advanced features for decentralized buying.
"This release of Vision Merchandising is a big step for Jesta and includes many features that allow us to expand our footprint to work with both domestic and international retailers with consignment, leased department and hard goods requirements," said Belcher.
"The benefit of migrating Vision Merchandising onto the Oracle 10g platform transforms the solution to a truly Web-enabled application," added Arvind Gupta, vice president of development for Jesta. "Vision Merchandising is faster to deploy and easier to administer. Since Oracle 10g is a Web-enabled application server, our retail clients can access the system whenever and wherever they want. For instance, store managers can more easily gain access to inventory and other data in Vision Merchandising from the store without limitation."
Other product highlights include increased flexibility for managing business parameters and attributes at the vendor, style, class and purchase orders level. The solution also provides parameter-driven workflow and process management.
Additional features include further analysis capabilities and lower level tracking of key performance indicators. Daily posting of all transactions provides for both stock ledger calculations and style/SKU analysis by day using the weighted average cost at the store/style/size level. Zone pricing exceptions ensure that correct initial markup (IMU) and margin calculations are maintained at the store level, Jesta said.
Tools for driving profitable sales in the solution include time-sensitive price changes as well as user defined deal pricing rules, which give retailers flexibility to build promotional events. Advanced replenishment algorithms based on customer demand, seasonal trending and calendar shifts can help decrease "out of stock" conditions and ensure customer satisfaction, Jesta said.
In addition, the solution offers greater control over negotiated regular (monthly, quarterly, annually, bi-annual) or surplus rebates using Vision Merchandising's Vendor Rebate functionality. The solution can help ensure that the most profitable purchases are placed by taking advantage of negotiated thresholds, volume discounts or free goods conditions by validating the optimal unit quantity at the point of purchase with controls within the PO Management module.
Jesta's customer base includes such companies as Perry Ellis International, Town Shoes Limited, UNIONBAY, Cole Haan and Haggar Clothing.
Additional Articles of Interest
— Leading crafts company Creativity Inc. has found that, with a bit of trust and a lot of teamwork, a little consulting can go a long way in addressing supply chain pain points. Read more in "Crafting Success in Supply Chain Transformation," cover story in the December 2005/January 2006 issue of Supply & Demand Chain Executive.
— Forecasting is not an isolated activity but must become part of an overall set of demand management practices. Supply chain thought-leader Ann Grackin describes the practices that your firm should be developing to improve business performance in "Sensing the Future: Next-generation Practices in Demand Management," in the December 2005/January 2006 issue of Supply & Demand Chain Executive.
— Consumers spent nearly $28 billion on the "Black Friday" after Thanksgiving 2005, up 21.9 percent over 2004's results. Great news for retailers, but a potential nightmare for supply chain executives trying to get the right product on the right shelf at the right time. The lesson: Now is the time to plan for the next peak shipping season. Read more in the "Seasons' Peakings," the Executive Memo column in the December 2005/January 2006 issue of Supply & Demand Chain Executive.
New York — January 20, 2006 — Solution provider Jesta I.S. has debuted two new modules designed to help soft goods suppliers and their retail customers ensure that they have the proper quality controls and ethical standards compliance in place in their supply chains.
The new Quality Control and Social Compliance modules are part of Jesta's Vision Supply Chain Management (Vision SCM) solution.
The main objective of the Quality Control module is to provide insight into the quality of product by setting up processes to monitor and report on quality levels and approval thresholds, helping to produce reliable supplier ratings.
The Quality Control module was designed using workflow paths with quality checkpoints as user-defined steps to validate that goods are meeting associated quality ratings. This is critical to product sell-through and to the reputation of the brand owner and retailer, Jesta said.
Ensuring Ethics Compliance
In addition, Vision SCM's Social Compliance module generates a checklist and associates ratings for suppliers' facilities, allowing retailers and wholesales to ensure that they are working with reputable partners.
Knowing that goods are produced in an environment that meets desired quality and environmental standards is becoming increasingly important for wholesalers, retailers and consumers. Organizations can gain consumer trust by working with suppliers that can prove they follow these requirements and have high ethical standards.
The other modules in the Vision SCM solution include:
- Tracking — Monitors processes with "intelligent alerting," including workflow management for purchase order lifecycle management, production, pre-production, chargebacks, store openings and unlimited user-defined business processes.
- Bidding — Manages the bidding process by aiding in the evaluation of bids and awarding orders with automatic purchase order generation.
- Logistics — Provides visibility into shipment tracking and helps ensure product moves quickly once it arrives. Pick/pack and ship functionality provides remote partners or internal shipping step owners with the ability to create labeled cartons, eliminating the need to send preprinted labels to partners.
- SalesLink — Retailers, manufacturers, importers and distributors can use this module to stay connected and have instant access to pricing, detailed product information and order status information from any location.
"Vision Supply Chain Management (Vision SCM) enables partners throughout the supply chain to collaborate, track procedures, manage the bidding process and now ensure the quality of products and that production facilities meet the social standards of today," said Leslie Belcher, President of Jesta I.S.
Upgrade for Vision Merchandising
The solution provider also announced today its latest release of Vision Merchandising, which has been certified on Oracle's 10g Application Server. New functionality includes the ability to manage leased departments and consignment merchandise, promotional pricing models, expanded vendor and purchase order management features, additional replenishment algorithms for hard goods and advanced features for decentralized buying.
"This release of Vision Merchandising is a big step for Jesta and includes many features that allow us to expand our footprint to work with both domestic and international retailers with consignment, leased department and hard goods requirements," said Belcher.
"The benefit of migrating Vision Merchandising onto the Oracle 10g platform transforms the solution to a truly Web-enabled application," added Arvind Gupta, vice president of development for Jesta. "Vision Merchandising is faster to deploy and easier to administer. Since Oracle 10g is a Web-enabled application server, our retail clients can access the system whenever and wherever they want. For instance, store managers can more easily gain access to inventory and other data in Vision Merchandising from the store without limitation."
Other product highlights include increased flexibility for managing business parameters and attributes at the vendor, style, class and purchase orders level. The solution also provides parameter-driven workflow and process management.
Additional features include further analysis capabilities and lower level tracking of key performance indicators. Daily posting of all transactions provides for both stock ledger calculations and style/SKU analysis by day using the weighted average cost at the store/style/size level. Zone pricing exceptions ensure that correct initial markup (IMU) and margin calculations are maintained at the store level, Jesta said.
Tools for driving profitable sales in the solution include time-sensitive price changes as well as user defined deal pricing rules, which give retailers flexibility to build promotional events. Advanced replenishment algorithms based on customer demand, seasonal trending and calendar shifts can help decrease "out of stock" conditions and ensure customer satisfaction, Jesta said.
In addition, the solution offers greater control over negotiated regular (monthly, quarterly, annually, bi-annual) or surplus rebates using Vision Merchandising's Vendor Rebate functionality. The solution can help ensure that the most profitable purchases are placed by taking advantage of negotiated thresholds, volume discounts or free goods conditions by validating the optimal unit quantity at the point of purchase with controls within the PO Management module.
Jesta's customer base includes such companies as Perry Ellis International, Town Shoes Limited, UNIONBAY, Cole Haan and Haggar Clothing.
Additional Articles of Interest
— Leading crafts company Creativity Inc. has found that, with a bit of trust and a lot of teamwork, a little consulting can go a long way in addressing supply chain pain points. Read more in "Crafting Success in Supply Chain Transformation," cover story in the December 2005/January 2006 issue of Supply & Demand Chain Executive.
— Forecasting is not an isolated activity but must become part of an overall set of demand management practices. Supply chain thought-leader Ann Grackin describes the practices that your firm should be developing to improve business performance in "Sensing the Future: Next-generation Practices in Demand Management," in the December 2005/January 2006 issue of Supply & Demand Chain Executive.
— Consumers spent nearly $28 billion on the "Black Friday" after Thanksgiving 2005, up 21.9 percent over 2004's results. Great news for retailers, but a potential nightmare for supply chain executives trying to get the right product on the right shelf at the right time. The lesson: Now is the time to plan for the next peak shipping season. Read more in the "Seasons' Peakings," the Executive Memo column in the December 2005/January 2006 issue of Supply & Demand Chain Executive.
- More articles about Jesta.
