Dallas Ñ March 4, 2003 Ñ Supply chain software provider Syncra Systems has taken the wraps off the latest version of its Xt tool, which now offers support for large-scale, multi-tier deployments of four B2B processes.
Xt version 5.0 provides support for promotional event collaboration, collaborative demand planning, continuous replenishment and collaborative planning, forecasting and replenishment (CPFR).
Syncra said that Xt is modular and extensible, so customers can use the solution in conjunction with their existing enterprise planning applications, implement a single Syncra application on the Syncra Xt platform to solve a particular business problem, or deploy the full Syncra Xt application suite to manage a range of value chain collaboration initiatives across their customer/supplier network.
"Many customers who successfully implemented Syncra Xt for CPFR wanted us to help them with other supply- and demand-chain processes," said Jeff Stamen, Syncra CEO. "After working closely with them to meet their requirements we can now offer retailers, manufacturers and suppliers a new generation of collaborative applications for demand planning, event planning and replenishment activities."
Syncra Events is the newest application in the company's product suite. It addresses the supply chain volatility and uncertainty created by promotional events, which can have a major impact on sales volume in the retail channel.
Events is intended to help both retailers and manufacturers coordinate the details and lifecycle of temporary price reductions, new product introductions, store openings and other special events that affect demand, with the goal of improving the accuracy and efficiency of the promotion planning and execution process. The solution allows companies to engage customers and/or suppliers in volume planning and logistics, handle exceptions as they occur and evaluate performance for the benefit of future events.
The 5.0 debut follows on the release last July of version 4.0, which added an analysis and reporting tool and expanded the solution's exception management capabilities.