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| INVENTORY VISIBILITY AND LTO MANAGEMENT |
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iTN provides access to real-time inventory for both vendors and buyers to support the forecast and VMI modules mentioned below. This data can be entered on the iTN portal or uploaded from legacy systems via integration.
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Via iTN's on-line collaborative workflow, inventory levels can be made available in real-time to specific partners
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| Realized Benefits |
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Real-Time inventory visibility is available to specific trading partners regardless of their technical capabilities
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| PRICE AND VENDOR MANAGEMENT |
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Pricing data by item, vendor, date range, and receiving location is managed and maintained in the price and vendor management module
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Price Tables can be updated automatically via the pricing and sourcing module (price sheet and RFQ) or manually
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User access to the price and vendor management module is controlled so only authorized internal or external users can manage pricing relationships they are responsible for
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| Realized Benefits |
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Pricing and vendor data management is on-line and real-time maximizing accuracy
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Integration with procurement and logistics maximizes efficiencies and minimizes internal upfront and ongoing costs
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NOTE: Incorporating iTN's demand aggregation, pricing and sourcing, and price and vendor management lowers has proven to lower cost of goods an average of .25% to .5% while maintaining quality standards and relationships.
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| ORDER GUIDES AND DYNAMIC INVENTORY |
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Vendors, distributors, 3rd parties, etc. can submit order guides directly to a warehouse, store, or other location that includes accurate pricing information
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Real-Time inventory levels can be communicated assuring product availability
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| Realized Benefits |
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The right product is communicated at the right time at the right price with guaranteed availability minimizing errors and price deviations while maximizing efficiencies
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RECEIVING MANAGEMENT
OS&D documents
Automated Quality Control
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Receiving data is captured and communicated to vendors, carriers, distributors, brokers, and all interested parties
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Discrepancies are noted including anticipated resolution in on-line Overage, Shortage, and damage reports (OS&D)
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| Realized Benefits |
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Quality control is automated assuring prompt and efficient responses to quality issues
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Vendors, carriers, distributors, etc. can respond to discrepancies on-line
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Invoice and POP rates are maximized and billbacks are minimized
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Documentation is on-line, real-time, accurate, and available allowing issues to be dealt with proactively
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| DIRECT STORE DELIVERY (DSD) |
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Orders from stores and individual locations can be aggregated into DSD orders
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System supports the EDI 894 to communicate the details of a DSD delivery and invoicing
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| Realized Benefits |
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DSD capabilities incorporated in one procurement system.
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Customers can take advantage of DSD benefits without technology being a limiting factor
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| COMPLETE ORDER TO CASH (OTC) CAPABILITIES |
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iTN functionality provides all capabilities required to integrate a complete OTC system with key internal systems
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| Realized Benefits |
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One common system for all locations (company and franchise locations, divisions, business units, affiliates, etc) minimizes initial and ongoing investments and training costs
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Unique workflows and processes can be seamlessly integrated into a single OTC system
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Trading partners are on-line, trained, and ready to go decreasing initial and ongoing costs and speeding deployment time and realized ROI.
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| OTHER TYPES OF CUSTOM INTEGRATION |
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iTN combines custom integration with real-time, on-line, and collaborative workflow to present required data to both the buy and sell side.
- Optimum integrated and on-line product availability
- Optimum integrated and on-lie reserved inventory
- Optimum integrated on-line and credit information
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| Realized Benefits |
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Provides the optimum blend of integrated and on-line capabilities to maximize efficiencies for both buy and supply side
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| REPORTING |
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On-line reporting capabilities available
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Data downloads to internal reporting writing systems available
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| Realized Benefits |
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Accurate and timely information is now available for informed and proactive decisions
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