Canadian Tire Links Supply Chain
TORONTO and MT. LAUREL, N.J.--Industri-Matematik’s VIVALDI Net Series will be implemented as a central component of Canadian Tire Corp.’s supply chain-wide plan to expand its regional operations, improve multi-channel distribution, increase supply chain capacity and reduce the amount the retailer spends on product handling and transportation.
“This unique combination of order management and end-to-end network visibility will enable us to meet the high service expectations of our customers and reduce cost,” said Patrick Sinnott, senior vice president for Canadian Tire’s supply chain operations.
“Canadian Tire is one of the first major retailers to look across its trading network to see where inventory is located at any point in time and respond quickly in a targeted fashion to exceptions in the supply chain,” said John Geraci, executive vice president and chief operating officer at Industri-Matematik. “Canadian Tire will provide a model for the retail industry in how to leverage supply chain visibility to handle increased product volume generated by growth strategies, while also improving service excellence.”
Canadian Tire is already using VIVALDI Advanced Order Management software for managing store orders, purchase orders, inventory and “available-to-promise” capabilities. By integrating the new system, Canadian Tire expects to improve inventory visibility by leveraging web-enabled technology to monitor, accelerate, and measure the physical movement of goods in its extended supply chain network.
The partnership includes licensing of Industri-Matematik’s base SCEM components and the sharing of supply chain and technology expertise. The joint effort will help accelerate the development of future VIVALDI components and significantly enhance Canadian Tire’s supply chain capabilities, the companies predicted.
For more information, contact www.canadiantire.ca and www.im.se.