Balancing supply availability with tighter cost controls
Most asset intensive industry organizations strive to maximize working capital. Optimizing demand, inventory levels, contracts and purchasing agreements can all contribute to major savings across the organization and directly impact the bottom line. Ellipse supply chain management enables organizations to balance the competing goals of maximizing the availability of parts and other supplies while minimizing the capital tied up in inventory holdings. Ellipse offers a user-definable framework of parameters to establish and maintain inventory and procurement policies, automate the replenishment of stores and optimize warehouse and supplier management. All business processes typically performed in the purchase-to-pay function are fully automated, supported by complete visibility of transactions along the entire value chain. Built to collaborate with ABB’s other procurement tools, Ellipse supply chain management extends purchasing and inventory capabilities beyond the enterprise to facilitate seamless information exchange with trading partners of any size
Every dimension of business today demands greater efficiency, speed, and agility. Market pressures are forcing asset-intensive organizations toward a demand-driven business model in which success is based on the ability to anticipate customer requirements and respond with high quality, value-added products faster than the competition.
Most asset-intensive organizations rely heavily on maximizing working capital. Optimizing demand, inventory levels, contracts and purchasing agreements can all contribute to major savings across the organization, directly impacting the bottom line.
To thrive, these organizations have little choice but to innovate in core business processes so that the right products are produced for the right customers at the right time.
In an age of intense competition, supply chain efficiency and adaptability are not just desirable - they are essential for success.
Ellipse Supply Chain Management provides this efficiency and adaptability. It offers a user-definable framework of parameters to establish and maintain inventory and procurement policies, automate the replenishment process, and improve warehouse and supplier management.
Collaborative procurement strategies extend purchasing and inventory management beyond the enterprise to create a seamless value chain, allowing organizations and their trading partners to work as one. In essence, Ellipse Supply Chain Management provides asset-intensive organizations with the tools and capability to manage and automate all the business processes that are used in the purchase to pay function.
Ellipse Supply Chain Management provides:
A more efficient supply chain that reduces inventory carrying costs.
Increased revenues attributed to improved in-stock performance and enhanced abilities to increase customer satisfaction.
Improved asset utilization.
Reduced order cycle times.
Enhanced revenue opportunities to create a responsive, efficient, adaptive supply chain network.