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Wesupply.com wins top slot in UK's prestigious Best of British Manufacturing IT Awards

31 August 2006

This is another award for UK-based supply chain vendor Wesupply.com, a supply chain solutions provider that has developed a habit of winning major awards for its clients this year. Wesupply.com was set a challenging vision of Zero Lead Time. Zero Admin. Zero Error by their client. With a legacy system that relied heavily on FAX, email , post and the telephone, little control over what and when suppliers actually delivered with a huge amount of manual intervention in invoice checking, comparing deliveries with receipts, the stage was set for a visionary approach to supply chain management.

Wesupply.com's Collaborative Trading platform has a number of collaborative solutions that work together to support specific collaborative processes based on configurable business rules and logic. Some of these were deployed in the Newage project supporting specific internal processes increasing the velocity of the supply chain, releasing working capital through better inventory control and improving supplier performance.

In their consideration the judges looked for hard actual and /or expected ROI as well as broad soft benefits leading to business improvements, cost cutting and competitive advantage. There was little doubt that Wesupply.com had delivered unprecedented improvements for Newage with a 68% improvement in stock/out of stock and a 25% improvement in the procure to pay process. Supplier on time performance had increased by 12% with a 20% improvement in distribution/warehousing costs and 68%.

By using Wesupply.com as a collaborative electronic platform Newage AVK has now improved the speed and accuracy of their demand and fulfilment processes, while at the same time achieving significant cost savings for all concerned.

Gary Cameron says: 'Wesupply.com is being used to manage the sharing of forecasts, placement of orders (call-off and Kanban), order amendments, despatch, transportation and goods receiving - as well as providing real-time and automatic alerts for exceptions that take place within our supply network. This kind of intelligent supply chain collaboration is already several steps ahead of any EDI offering which simply moves data from point2point. Wesupply.com connects and then enables our supply network, allowing meaningful information to be shared with all participants.'

Wesupply.com's solution is now well defined and helps release the value of an integrated supply chain. It comprises three service offerings, Electronic Trading (eT), Intelligent Trading (iT) and Collaborative Trading (cT). With Electronic Trading Wesupply.com uses OneTime® technology connecting an organisation to divisions and branches, suppliers, customers and trading partners whatever the systems or formats they are using facilitating exchange of electronic communications.

Intelligent Trading provides additional capabilities of sensing and responding to changes based on assigned business rules and logic. With Collaborative Trading a number of collaborative solutions predicated on business rules and logic are deployed to support internal processes driving out costs, releasing significant working capital and improving margins.

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