Profile Systems and Heavy-Duty Aftermarket Service Provider HDeXchange Further Relationship
WEST SPRINGFIELD, Mass.--Aug. 13, 2002--Profile Systems is pleased to introduce HDeXchange as an Authorized Referral Partner for Profile's ProSAIM(R) software. ProSAIM (for Supplier Assisted Inventory Management) automates the inventory replenishment of distributor warehouse locations by electronically monitoring daily activity at those locations and creating replenishment orders based on mutually agreed targets for service levels, inventory turns and overall inventory value.
HDeXchange (HDX), Inc., a non-profit electronic commerce community, offers product data and business document exchange services to its members. Manufacturers and distributors utilize the services of HDX to pass product data and pricing updates as well as standard business documents including purchase orders and invoices.
"Automating replenishment is a natural extension of the services offered by HDeXchange to our members," said Edward Kuo, General Manager of HDX, "and Profile Systems already understands the needs of our Industry as the replenishment software supplier to a number of our members and the developer of the product data warehouse technology for the HDX solution set."
Profile Systems has been automating the replenishment of distributors warehouse locations for manufacturers since 1994 with ProSAIM. Aftermarket manufacturers including Dana Automotive and Haldex Midland Brake are among Profile's ProSAIM users from a customer list that spans the Automotive, Industrial, and Consumer Packaged Goods verticals.
"The Heavy Duty Exchange and its members represent some of the more forward thinking companies in electronic commerce today," said Ed Mallen, CEO of Profile Systems, "with effective product data management between manufacturers and their stocking distributors already managed via HDX, the foundation is in place for the participants to move to automated replenishment of their warehouse locations."
Automating replenishment with ProSAIM represents the ultimate collaboration between trading partners. Distributor stock levels are established based on target warehouse performance criteria important to both trading partners including service levels to the end customer, desired inventory turns, item seasonality and shipping requirements.
Documented results include an increase is service levels that results in increased sales for both parties. A reduction in overall inventory per location is often the case as are reductions in transaction costs as a result of the automation of purchase order creation and receipt. Key personnel, including manufacturer's sales and distributor's buyers, find that they are able to focus on strategic issues rather than day-to-day account maintenance.
The HDX provides the communications infrastructure for the exchange of business documents between Aftermarket trading partners. Through this partnership, the HDX will facilitate the exchange of the additional documents necessary to complete the automation process including daily inventory status, shipment, receipt and various electronic acknowledgements.
Many of the distributor software packages that serve the heavy-duty aftermarket are already capable of exchanging the business documents necessary to automate replenishment between the parties. For more information contact Edward Kuo, HDX General Manager at 770-493-6470 or Dennis DeCesare, National Sales Manager, Profile Systems at 413-737-2000 ext. 108.
About HDeXchange, Inc.
HDX is a non-profit company created by distributors and manufacturers in the heavy- duty, automotive, and industrial aftermarkets to provide a neutral, widely-accepted, electronic commerce solutions for those industries. HDX offers both open standards and services to the industry, including a store-and-forward network to transmit documents between trading partners, and an industry data warehouse that can synchronize and update product information throughout the aftermarket supply chain. More information on HDX can be found at www.hdexchange.com.
About Profile Systems
Based in West Springfield, Massachusetts, Profile Systems is a privately held developer of product data and supply chain management solutions for business-to-business electronic commerce. Founded in 1994, the company's products include MasterDepot(r), the product data management and synchronization solution, and ProSAIM(r), the supplier-assisted inventory management solution for automating replenishment.
The company also offers extensive consulting services, including product data cleanup, supplier enablement/assessment, inventory consulting and overall electronic commerce and supply chain evaluation projects. The company's customers include Johnson Controls, Dana Automotive, Osram-Sylvania, Hubbell Incorporated, and The Stanley Works, among others.
Visit our home page at www.profilesystems.com