Leading provider of inventory optimization solutions selected for a second consecutive year by Inbound Logistics Magazine for its annual review of software vendors.
INDIANAPOLIS, IN (April 28, 2009) TCLogic, a leading provider of inventory optimization solutions, announced today that it has been named by Inbound Logistics Magazine as a 2009 Top 100 Logistics IT Provider.
"Inbound Logistics readers face complex, demanding challenges: matching supply to demand; speeding and reducing inventory; and managing complete visibility of products from one end of the supply chain to the other. Logistics technology has become more than an enabler. For many, it has become the pathway to supply chain excellence and a lifeline to enterprise survivability,” stated Felecia Stratton, Editor of Inbound Logistics. “Inbound Logistics is proud to honor TCLogic as a 2009 Top 100 Logistics IT Provider for excellence in providing solutions that answer our readers' needs for quick ROI, while still maintaining ease of use and efficient implementation.” This is the second consecutive year that TCLogic has received this prestigious award.
Every April for the past decade, Inbound Logistics editors recognize 100 logistics IT companies that support and enable logistics excellence. Drawn from a pool of more than 500 companies, using questionnaires, personal interviews, and other research, Inbound Logistics selects
the Top 100 Logistics IT Providers for leading the way in 2009. Editors seek to match readers' fast-changing needs to the capabilities of those companies selected. All companies selected reflect leadership by answering Inbound Logistics readers' needs for simplicity, ROI, and efficient implementation.
“We are honored to be recognized by Inbound Logistics,” Tom Uhrig, president of TCLogic. “During a challenging economic climate, companies are eager to find cost reduction opportunities and manage cash. Our inventory intelligence solution optimizes the amount of cash in inventory and helps our customers make more profitable inventory planning decisions. As forecasting becomes more difficult with an increase in slow moving items, inventory optimization is a critical component in having the right products in stock.”
About TCLogic
TCLogic is a leading provider of inventory intelligence and optimization solutions, enabling distribution intensive customers to achieve an optimal balance between customer service commitments and inventory levels. Since 1997, TCLogic has helped manufacturers and distributors throughout the country solve their inventory dilemmas and achieve bottom line results. For more information, visit www.tclogic.com or call 800.945.4877.
About Inbound Logistics
Inbound Logistics is the pioneering publication of demand-driven logistics practices, also known as supply chain management. IL’s educational mission is to guide businesses to efficiently manage logistics, reduce and speed inventory, and neutralize transportation cost increases by aligning supply to demand and adjusting enterprise functions to support that paradigm shift. More information about demand-driven logistics practices is available at www.inboundlogistics.com.
Showing posts with label demand planning. Show all posts
Showing posts with label demand planning. Show all posts
Wednesday, April 29, 2009
Thursday, August 16, 2007
TCLogic featured in American Fastener Journal
Leading provider of inventory optimization discusses ‘Riding the Waves of Overseas Sourcing’.
TCLogic, a leading provider of inventory optimization solutions, was featured recently in the American Fastener Journal discussing the ‘ups and downs’ of overseas sourcing and how companies can ‘ride these waves’ for improved inventory management and optimization, ultimately coming out on top.
According to the article sourcing products from overseas suppliers can reduce costs. “More companies including those in the fastener industry are turning this direction to lower the costs of goods, reduce the amount of working capital needed to run the business, or simply find an available supplier for their products.”
“There are significant advantages to sourcing material from overseas,” the article explains. “And the rewards of overseas sourcing naturally come with risks. As companies begin navigating the waters of overseas sourcing, they can be successful by knowing what to expect and how to best manage those risks. Risks that include longer and more varied lead times, increased purchasing, changes in customer service levels, variable shipping components, and more.”
So how does a company that is sourcing overseas take into account the increase in variability on factors, including lead-times, higher volumes and stocking strategies, while improving their performance?
Thomas Uhrig, president of TCLogic, an inventory optimization software provider based in Indianapolis, sees the need for companies to improve their inventory management. “As companies deal with increased volumes of overseas products, they must do a better job of managing the rest of their inventory or potentially risk running out of warehouse space or, even worse, draining their lines of credit,” said Uhrig.
“Inventory optimization can be a very effective solution to come up with the right mix,” added Uhrig. “Companies utilizing inventory optimization software solutions are far more capable of maintaining higher service levels for their customers, but doing so without overstocking their locations. And they are much more able to work through the longer and varied lead times and increased volume that comes with sourcing overseas. The results they can see are better business results, especially in markets where their peers are struggling to compete.”
To view the entire article, visit the American Fastener Journal.
About TCLogic
TCLogic, headquartered in Indianapolis, is a leading provider of solutions for inventory optimization and planning. TCLogic enables distribution intensive clients to achieve an optimal balance between customer service commitments and inventory levels. Since 1997, TCLogic has helped manufacturers and distributors throughout the country solve their inventory dilemmas and achieve bottom line results. For more information visit TCLogic or call 800.945.4877.
TCLogic, a leading provider of inventory optimization solutions, was featured recently in the American Fastener Journal discussing the ‘ups and downs’ of overseas sourcing and how companies can ‘ride these waves’ for improved inventory management and optimization, ultimately coming out on top.
According to the article sourcing products from overseas suppliers can reduce costs. “More companies including those in the fastener industry are turning this direction to lower the costs of goods, reduce the amount of working capital needed to run the business, or simply find an available supplier for their products.”
“There are significant advantages to sourcing material from overseas,” the article explains. “And the rewards of overseas sourcing naturally come with risks. As companies begin navigating the waters of overseas sourcing, they can be successful by knowing what to expect and how to best manage those risks. Risks that include longer and more varied lead times, increased purchasing, changes in customer service levels, variable shipping components, and more.”
So how does a company that is sourcing overseas take into account the increase in variability on factors, including lead-times, higher volumes and stocking strategies, while improving their performance?
Thomas Uhrig, president of TCLogic, an inventory optimization software provider based in Indianapolis, sees the need for companies to improve their inventory management. “As companies deal with increased volumes of overseas products, they must do a better job of managing the rest of their inventory or potentially risk running out of warehouse space or, even worse, draining their lines of credit,” said Uhrig.
“Inventory optimization can be a very effective solution to come up with the right mix,” added Uhrig. “Companies utilizing inventory optimization software solutions are far more capable of maintaining higher service levels for their customers, but doing so without overstocking their locations. And they are much more able to work through the longer and varied lead times and increased volume that comes with sourcing overseas. The results they can see are better business results, especially in markets where their peers are struggling to compete.”
To view the entire article, visit the American Fastener Journal.
About TCLogic
TCLogic, headquartered in Indianapolis, is a leading provider of solutions for inventory optimization and planning. TCLogic enables distribution intensive clients to achieve an optimal balance between customer service commitments and inventory levels. Since 1997, TCLogic has helped manufacturers and distributors throughout the country solve their inventory dilemmas and achieve bottom line results. For more information visit TCLogic or call 800.945.4877.
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