SupplySolution Highlighted in AMR Report on Hosted Supply Chain
SupplySolution Highlighted in AMR Report on Hosted Supply Chain
Company's early entrance and establishment in marketplace recognized in analyst report SOUTHFIELD, Mich., July 12 SupplySolution, Inc., the leading provider of supply chain execution applications for manufacturing and supplier organizations, has been recognized as an early entrant in providing hosted supply chain services in the AMR Research Report on Supply Chain Management titled "The Hosted Supply Chain Emerges in B2B," authored by AMR Research analyst Robert Ferrari. SupplySolution has gained significant market advantage as a hosted supply chain solution provider and today announces that the company's premier service, i-Supply, is in operation at over 1,100 companies. In the research report, dated April 2001, Ferrari writes, "The ability of suppliers to share and transmit critical supply chain information and participate in electronically driven processes is the key to a successful e- market. A new breed of Application Service Provider (ASP) software, which we term hosted supply chain, addresses the specific needs of mid-market companies that are struggling with extended supply chain information connectivity, process integration and collaboration." The report also predicts the growth of the overall market for hosted supply chain (HSC); projecting a growth from $73 million in 2001 to $1.4 billion in 2004. SupplySolution is named as an example of the current model of an HSC, one that has "initiated on the premise of providing more near-term meaningful benefits by providing connectivity and context to extended supply chain process. Their value proposition is the ability to support Business Community Integration (BCI) across flexible and changing supplier and trading networks that form or reconstitute themselves to support changing products and services," notes Ferrari. In the report's assessment of current hosted supply chain vendor's functionality, SupplySolution's applications and infrastructure ranked as one of the most complete offerings. Several vendor packages were evaluated on criteria such as XML/EDI integration platform, extended order visibility, inventory visibility, demand forecasting coordination, product planning coordination, consolidated MRP coordination and replenishment planning. Other companies and technologies assessed included SeeCommerce's SeeChain v4.0, Eventra's Vendor Site, i2's Pronto and Oracle's Supply Chain Management Exchange. Supply Solution's suite of hosted supply chain technologies include i- Supply, i-GetIt and the SupplySolution Global Infrastructure. i-Supply is a real-time direct material fulfillment application, providing suppliers, manufacturers and distributors with instant information from their customers' Enterprise Resource Planning (ERP) or other legacy systems, allowing them to effectively manage inventories and work collaboratively with their supply chain partners. i-GetIt is the technology platform that solves the requirement for real-time, secure data extraction and/or delivery of data to and from ERP, Supply Chain Management (SCM), Customer Relationship Management (CRM) and legacy systems. SupplySolution Global Infrastructure addresses the requirements for real-time messaging and message transformation, data/content management, user profiles, views and transaction management. To date, over 1,100 companies have selected SupplySolution's technology offerings to address their supply chain event, exception and execution collaboration needs. Current customers include Lear Corporation, Tower Automotive, Faurecia, Freudenberg-NOK and Dana Corporation. In March 2001, SupplySolution was selected by Covisint, the automotive industry's e-business exchange, as the exclusive service provider of supply chain event, exception and execution applications and infrastructure. "AMR's support of SupplySolution's presence and leadership in this space reflects the success that our offering has had in the manufacturing industry," said SupplySolution president and CEO Chris Moritz. "We are looking to continue our successful deployment of effective hosted supply chain applications, as well as rapidly introduce additional functionality to address other critical supply chain needs affecting manufacturers." About SupplySolution SupplySolution is a technology company that develops and delivers applications that enable real time management of the supply chain by providing event, exception and execution management collaboration. One of the company's first offerings, i-Supply, is in operation at more than 1,100 manufacturing organizations. With minimal capital investment, users realize cost reductions associated with premium freight, inventory management and administrative tasks, usually within eight weeks of implementation. SupplySolution's technologies are applicable to supply chains in manufacturing organizations, including chemical, automotive and electronics companies. SupplySolution's sales and management headquarters are located in Southfield, Mich., and the company's technology headquarters are located in Santa Barbara, Calif. For more info, visit http://www.supplysolution.com . i-Supply(TM) Service is a trademark of SupplySolution, Inc.