SOURCE: Reddwerks Corporation

Reddwerks Corporation

May 11, 2011 08:00 ET

Reddwerks Awarded Top Supply Chain Project

Named in Supply & Demand Chain Executive Magazine's Top 100

AUSTIN, TX--(Marketwire - May 11, 2011) - Reddwerks Corporation, the leading supplier of Event-Driven Logistics (EDL) Solutions, announced that the company has been selected as having one of "100 Great Supply Chain Projects" for 2011 by Supply & Demand Chain Executive Magazine.

"More than 200 projects were submitted for this year's 2011 Supply & Demand Chain 100," said Andrew Reese, Editorial Director at Supply & Demand Chain Executive. "This year we are featuring projects and companies who demonstrate the broad spectrum of opportunities for enabling excellence in the supply chain."

Highlights of the project for a well-known specialty retailer for which Reddwerks EDL software is being recognized:

  • Increased picking rates 108%, yet reduced labor by 25%
  • Increased picking accuracy to 99.75%
  • Reduced order fulfillment errors by 85%
  • Increased the lifespan of their DC approximately 5-7 years by increasing throughput 25%
  • Developed the ability to facilitate value-added services to every order without compromising delivery time
  • Customer achieved a return on investment in less than one year

"We took a completely fresh look at the problems inherent in order processing and logistics in large-scale distribution facilities and realized that an event-driven solution was necessary to the success of today's multichannel retailers," said Jean Bèlanger, Reddwerks Founder and CEO. "Some of our customers generate over 250,000 events per facility. With every event impacting the performance of a distribution facility, it is impossible for batch-oriented WMS and ERP systems to ever keep up. Knowing that, we developed an event-driven WCS and WMS solution that gives our customers the power to make real-time automated decisions on the fly."

This year the editorial team at the publication focused its selection criteria for the "100" on supply chain transformational projects that have had a significant positive impact on the customers going through the implementations. This criteria included: ambitiousness of project (scope), creative application of technologies/solutions/services used; extent of the business results/impact; and clarity of submission.

About Reddwerks
Reddwerks is based in Austin TX with an R&D office in Guatemala and Sales in Nashville, St. Louis and San Francisco. The company develops and sells the market's only dynamic, event-driven order fulfillment software combining WMS and WCS functionality in one solution, designed to manage all the labor, equipment and material flow used to process orders in large-scale distribution facilities. Reddwerks Event-Driven Logistics (EDL) solutions provide automated real-time decision making by capturing inventory, orders, labor and equipment data. The solution gives customers the visibility needed to identify and resolve each event much more quickly than with traditional batch reporting. Decisions can be automated and made in real-time, resulting in lower operational costs and better customer service, with complete visibility and auditability. Reddwerks EDL solutions increase productivity to such an extent that customers typically realize a payback in less than one year. Over 60% of Reddwerks' annual revenues are from existing customers engaging us in helping them increase productivity across their distribution network. For more information, visit www.reddwerks.com.

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