CINCINNATI, OH--(Marketwired - Dec 5, 2013) - Datalliance today announced immediate availability of enhanced returns processing capabilities within the Datalliance Vendor Managed Inventory (VMI) platform. The new capabilities are the result of a joint effort between Datalliance and Hubbell, a leading electrical products supplier. The enhancements further streamline and automate this important process for both the supplier and distributor.
Hubbell, has already piloted and implemented the new capabilities with one of their largest electrical distributors and is in the process of rolling it out to all trading partners. John Riley, Director of eCommerce for Hubbell Electrical Systems, explained the value: "VMI greatly reduces the need for returns, but they are still a fact of life in such a dynamic environment as the electrical industry. Our goal was therefore to reduce non valued-added manual processing as much as possible for both our partner and Hubbell. This new capability eliminates virtually all of that manual processing." He added: "Datalliance has been a great partner in producing this game-changing expansion of the VMI process."
Datalliance VMI generates recommended returns based on inventory management parameters established between a supplier and distributor -- just as it generates recommended replenishment orders. It provides the supplier with an electronic file of recommendations that they can collaboratively review and refine with their distributor. With this enhancement, it now 'closes the loop' by automatically validating each action against return handling rules and generating transactions into each party's respective ERP system to drive execution. In addition to elimination of manual processing, it also more closely tracks returns activity for later analysis.
Enhanced returns processing is available to all users of Datalliance VMI at no cost, and with no need to upgrade software since the platform is delivered using the Software-as-a-Service (SaaS) approach.
"We are committed to continuous innovation of the VMI process and the Datalliance VMI platform," said Carl Hall, Datalliance CEO. "We are always pleased to work closely with industry leaders like Hubbell to expand the value of VMI. One of the key benefits to customers of our cloud-based approach is that our entire community gets access to new capabilities without the need to perform a time-consuming software upgrade. All of our customers, as well as their distribution partners, can start using new features immediately as soon as they are released. That greatly reduces the time-to-benefit for everyone."
Datalliance is the world's largest independent Vendor Managed Inventory (VMI) service provider. Delivered as a cloud-based platform backed by extensive customer service, Datalliance VMI makes it easy for suppliers and their customers to establish sales and inventory management relationships that fully align business objectives, improve collaboration, and streamline supply chain operations. Datalliance manages billions of dollars in orders, millions of SKUs, and thousands of locations worldwide for leading companies in consumer, industrial and healthcare markets. For more information about Datalliance, visit www.datalliance.com.