Planning & Inventory Management for Small- and Mid-sized Businesses (SMBs)

Vecco International introduces its AutoPlan™ solution, a game-changing supply chain Planning & Inventory Management (PIM) product for manufacturing, distribution, and construction SMBs. The AutoPlan™ PIM platform uniquely provides many capabilities previously available only to much larger enterprises, as Gartner testifies below.

AutoPlan™ enables SMB companies to move from a primary reliance on spreadsheets for supply chain planning to managing at an enterprise level. Without this capability, SMBs cannot effectively plan their inventory, production, procurement, create demand forecasts, monitor for potential problems nor proactively respond to supply chain disruptions.

Inventory is often the largest asset on a company’s balance sheet and is a major driver of cash flow. The planning of inventory – how much should I have, when should I order and where it should be – is most often done in custom Excel spreadsheets, which is inefficient, error-prone and time consuming. There are very few commercial ‘off-the-shelf’ solutions that do the level of planning that manufacturers need, and even those do not look across the broader supply chain and are very expensive to implement.

Vecco’s more comprehensive VCRP™ Control Tower platform was built to enable large, global manufacturers to visualize, plan and manage their complex end-to-end multi-tier supply and demand networks in real-time. Vecco’s marquee customer was Hewlett Packard, managing over $24 billion of throughput across all business units and over 300 suppliers and partners. Smaller manufacturers do not require bespoke configuration but cannot afford the up-front fees or the investment of key staff for a successful on-boarding. Yet, they have the same challenges as their larger brethren, albeit at a reduced scale.

SMBs have an urgent a need for a SaaS product that is easy to install and use yet is powerful enough to provide substantial functionality in a very cost-effective manner. Building upon its large-scale experience, Vecco has adapted its VCRP™ solution to offer a first of its kind, affordable and self-service PIM Solution for SMBs. There is no comparable competitive solution.

The new SMB system uniquely enables required visibility, planning and execution capabilities for smaller manufacturers. Specifically, it enables these companies to adopt best supply chain practices to:

• Forecast demand accurately at the SKU or customer level
• Connect and manage the supplier base and procurement activities
• Balance inventory and resiliency while maintaining and evolving inventory policies
• Generate production and purchase plans based on bills of material
• Monitor & receive real-time alerts enabling timely response capability.

Vecco’s affordable AutoPlan™ system integrates with the internal accounting (such as Quickbooks), ERP (such as NetSuite), CRM, order entry, and other systems a manufacturer has in place without disruption.

The unique effectiveness of Vecco’s AutoPlan™ system has been recognized by Gartner and other analysts.

“Vecco provides granular and aggregate-level planning across multi-enterprise supply chains for SMBs. A significant part of its value proposition is its ability to help converge planning (especially short-term response planning) and execution. Vecco’s pricing model allows SMB access to technology and capabilities that would otherwise only be available to large companies through vendors such as E2Open & Kinaxis.”

                                                                                                            VP Supply Chain Planning, Gartner

To request a demo or inquire for more information about this game-changing SMB solution, please email info@veccointl.com and one of our experts will reach out to you.