Ford Motor Co. Working With Vivecon Supply Chain Management Solution
Software's Predictive, Actionable Analytics Help Automakers Mitigate Effects of Unpredictable Swings in Demand
MOUNTAIN VIEW, Calif., Feb. 28 -- Vivecon Corp., the leader in supply chain risk management solutions, today announced that Ford Motor Company will begin working with Vivecon's supply chain risk management solution, a new software package that enables automotive manufacturers to quantify and manage demand uncertainty and supply risk.
"We are starting to see more forward-thinking organizations like Ford shifting toward predictive, actionable analytics to manage demand uncertainty and supply risk," said George Devlin, CEO of Vivecon. "Vivecon's software identifies optimal trade-offs among key cost drivers and provides real, actionable business intelligence to help automakers make more profitable capacity and procurement decisions."
Vivecon software enables automakers to apply analytic tools and rigorous science-based processes in an effort to tame the effects of changing demand and market uncertainty. Using Vivecon's software, the company's other automaker customers are better able to anticipate and minimize the disruptive effects of supply-demand mismatches and achieve a more responsive-to-market manufacturing system.
Vivecon software applies financial engineering techniques -- similar to those used on Wall Street -- to deliver business intelligence that factors demand uncertainty and supply risk into automakers' decisions. Vivecon software has already enabled one automaker in Europe to reduce tooling expense by up to 12 percent while still maintaining 95-percent or better service levels.
About Vivecon Corp.
Vivecon enables companies to proactively manage supply chain risk and flexibility by uniquely applying proven financial engineering techniques to design and manage supply chains. Using Vivecon Supply Chain Risk Management solutions, many of the world's largest consumer packaged goods, technology and automotive manufacturers now reduce supply chain risk, increase supply predictability, and improve performance of their supply ecosystem to significantly reduce their total sourcing cost. The privately held company is headquartered in Mountain View, California. For more information about Vivecon, please visit www.vivecon.com or call 1-650-237-4700.