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IDII Software Newsletter
Volume 1 No. 12
September 8th 2000 |
To assist the professional dealing with software in Warehousing Distribution, Logistics,
and the Supply Chain.
Subscribe to newsletter Now..
Techniques, Vision, & Educational Thoughts
"FISH - What To Do With Excess Inventory"
FISH stands for "First In
STILL HERE"!
There are good ways to dispose of excess
inventory. These slow movers have taken inventory
costs, handling costs to receive & putaway,
and storage costs. It is money tied up and
not going anywhere. Here are some ideas:
* Return Inventory to Vendor - Preferred avenue of choice. If vendor
hesitates - go for an "exchange"
on fast moving products.
* Tax Write-Offs:
- EAL - Educational Assistance Ltd. accepts donations of new and used items
from companies. We make these goods available
to partnered accredited U.S. colleges and
universities. These schools create scholarships
of comparable value for college students
who have demonstrated financial need.. www.glen-ellyn.com/eal or (630) 690-0010 or scholar@eduassist.org
- NAEIR, the National Association for the Exchange
of Industrial Resources, has provided over $1 BILLION in free, donated,
excess inventory to schools and qualified
nonprofit organizations since 1977 - www.naeir.org or 800-562-0955 or member@naeir.org or donor@naeir.org
* Auction / Discount Houses - Many auction & discount outlets exists.
Good way to move inventory out,
but one needs
to watch out for potential price
difference
in channel conflict here, especially
is products
are expensive or strict on normal
selling
prices.
* Walmart Clearance Model - When it's time to move it, prices are
slashed and will continue to
be slashed until
sold.
In conclusion - Explore options on a financial
basis. Use one or methods, but BE DECISIVE - as FISH inventory can be UNLOCKED and
money re-invested in more productive
products
& services. Philip Obal, President of IDII)
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(Article by Philip Obal, President of IDII)
Feel free to notify us on companies that
take inventory - we will build an useful
resource page listing these companies on
our website.
Impact In Software Design
Software designers should permit parts to
be flagged that operations/purchasing now
has this item marked for auction, charity,
and/or clearance pricing. Reports, picking
generation, and return/order generation should
select these flagged items.
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Software Company FOR SALE
"WMS Company is For Sale"
An established WMS vendor is selling the
company and their WMS solution. Current solution
uses object orientated programming (Latest
Technology) and has a good installation base.
If interested, contact Philip Obal of IDII
at 918-464-2222 and we will provide more
details & put you into contact with the
seller's representative.. Serious inquiries
only.
IDII News
- Phil Obal will be speaking at the HK Systems
annual conference.
Software Company News
- Lilly Software (ERP, WMS, 3PL) - Releases New WMS Version - Visual DCMS 2.0 that expands lot, serial number, and expiration
date control. Release 2.0 also offers
extensive
support for 3PL providers with features
that
allow them to:
- Manage multi-customer inventory within a
warehouse
- Accumulate activity and storage by customer
within a warehouse to support 3PL
billing
- Use rules-based formulas in the new Rate
Maintenance application to automate
customer
billing for any mix of activity
and storage
in the Distribution Center
- Executive Performance Systems (WMS, SMS) - Releases Savant WMS Release 2.5 adds kitting features and supports Windows
CE, RF-based Pocket PCs.
- Interlink Technologies (WMS, Web-Enabled) - Releases New WMS Release adds e-Commerce with web-enablement and
directs enterprise - wide warehouse operations
using real-time RF-based technology. "Our
new Web Access Module, web enables the entire
WHSe-LINK® 4.0 package, securely. Our customers' administrators
can now decide how much or how little of
the system they want their system to be available
via the web," said Tim Granatir, Vice
President of Technical Services.
Corporations requiring web access
to their
enterprises are increasing and WHSe-LINK®
4.0 is web enabled to meet their
needs. For
example:
- View customer-specific, building-specific,
and/or enterprise inventory levels in real-time.
- View customer-specific, building specific,
and/or enterprise order demand and fulfillment
status in real-time.
- Enter customer orders in real-time.
- E-Mail order entry or entry receipt confirmation
and fulfillment status.
- The release also incorporates other new features,
including scalable allocation processes,
easily maintained item attributes
between
multiple buildings, an integrated
program
that will enable the user to configure
compliance
labels and a user-friendly system
configurator.
- LIS (UK, US, Europe, TMS, YM, WMS, Unix,
NT) - Rapid international growth of 70+ percent during 1999 and good growth this year as
well.
- Logility (WMS, TMS, B2B, NT) - Partnership with Great Plains Software-
Great Plains will sell Logility's WMS and
TMS software to it's 7,000 customer base. Editor's Note: Logility's stock price is
currently low.
- OMI International (WMS, OMS) and Voxware, Inc. (NASDAQ: VOXW), a provider of voice-based solutions for
e-logistics, partnered together to
provide
a speech-based interface to the OMI TRICEPS
Warehouse Management System (WMS) using the
Voxware VoiceLogistics™ system.
Voxware and OMI have just completed
a joint
development effort that integrates
the Voxware
VoiceLogistics system to the OMI
TRICEPS
WMS, using a standard application
programming
interface developed for using speech
with
TRICEPS. The VoiceLogistics interface
to
TRICEPS provides current and future
OMI customers
options to streamline many of their
logistics
and fulfillment operations using
a web-based
interactive speech solution.
- Provia (WMS, TMS) - Releases OVE Visibility & Notification
Tool "ViaView". Order Visibility Exchange (OVE) tool is
now available. This is the latest
addition
to Provia's VIAWARE products. It collects the real-time information from
warehousing (WMS), transportation
(TMS),
small parcel shipping (SPS), yard
management
(YMS), and other systems.
Users, their partners, and their customers
use ViaView to monitor the real-time status of orders, shipments
and inventory availability via the
Internet,
and can be instantly notified when selected fulfillment events occur or
fail to occur within parameters.
- Retek (e-Fulfillment, WMS) and IBM expand alliance. IBM invests into
Retek. The companies will jointly
sell and
service Retek applications and IBM
technologies.
IBM will promote Retek's products
for retail
and e-commerce solutions. In July,
a B2B
Alliance comprised of IBM, i2, and
Ariba
to develop the new technology platform
for
the WorldWide Retail Exchange consisting
of $450 billion in sales.
- ShipXact (TMS) - Launches TrackXact system, providing clients
with real-time receipts, inventory and shipment
information. The system integrates hand-held
bar-code scanners with ShipXact's Distribution
Center systems, which are connected with
services provided by FedEx, UPS and other
delivery services. For more information,
see ShipXact.com.
Quotes to Ponder
- "You begin by always expecting good
things to happen." -- Tom Hopkins
- "Fear nothing, for every renewed effort
raises all former failures into lessons,
all sins into experience."
--Katherine Tingley
Scripture to Ponder
The proverbs of Solomon son of David, king of Israel:
for attaining wisdom and discipline;
for understanding words of insight;
for acquiring a disciplined and prudent life,
doing what is right and fair;
for giving prudence to the simple,
knowledge and discretion to the young
-
let the wise listen and add to their learning,
and let the discerning get guidance -
for understanding proverbs and parables,
the sayings and riddles of the wise.
Proverbs 1:1-6 - The Purposes of Proverbs - Learn Them - Use Them
Good Book
Another Good Book
Valuable Future Events - October
September 12 - LogicTools with academic
and
industry leaders from Logistics.com
and MIT
present "New Tools for Reinventing The Supply
Chain". Rosemont Convention Center, Chicago. Very valuable 1 full day seminar - low cost.
For more information, contact seminar@logictools.com or call 888-265-4706.
October 3-5--Frontline Solutions Expo. Rosemont
Convention Center, Chicago.
Sponsored by: Frontline Solutions magazine.
Contact:
http://www.frontlineonline.net
October 3-5--Parcel Logistics Expo. Rosemont
Convention Center, Chicago.
Sponsored by/contact: Advanstar Communications,
Contact 800-331-5706 or
http://www.parcelexpo.com.
About This Newsletter
We educate and share news on software
for warehousing, transportation, shipping,
packing, slotting, loading,
optimization, and enterprise wide software
solutions. This free newsletter
is published twice a month and is targeted
toward supply chain professionals
involved in software. Currently, it is only
available electronically. Feel
free to forward this newsletter to others
that you know. One may quickly
subscribe by accessing our website at www.idii.com.
To submit information to be considered for
inclusion in our newsletter,
send any news, events, press releases, research,
and newsletters to editor@idii.com.
The current and back issues of our E-Software
Newsletters can be accessed
at www.idii.com/esn
© 2000 Industrial
Data & Information Inc. All Rights Reserved..
Trademarks belong to
respective trademark holders. Information
accuracy is not guaranteed due
to variety of sources.
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