SOURCE: JustEnough Software Corporation

June 30, 2008 10:36 ET

VCF, JustEnough Partner to Support Members in Supply Chain Collaboration

PHOENIX, AZ--(Marketwire - June 30, 2008) - JustEnough announced today its sponsorship of VCF (Vendor Compliance Federation). By its support, JustEnough joins other featured industry leaders spearheading new technologies and directions facilitating true supply chain collaboration between retailers and suppliers.

"VCF exists to bring retailers and suppliers collaborative solutions that extend along the entire order-to-cash cycle," said Mark Jones, Managing Director and Chief Operating Officer of VCF. "We seek to work with emerging leaders, like JustEnough, that can share in this vision and bring additional value to our membership."

JustEnough brings their expertise in demand planning and collaboration to the VCF membership. Part of that expertise involves providing education around the tangible benefits that collaboration, such as sharing POS (Point-of-Sale) data, brings in managing inventory across the supply chain. It also involves sorting through the perceptions that each group has about collaboration.

"Retailers and suppliers may question the risk and the value associated with collaboration," said Todd Kolber, VP of Sales for JustEnough. "Our goal is not only to prove the value of using POS data, it's also to give VCF members and the industry at large, a way to use the data to plan their business more effectively. With collaboration, suppliers reduce their capital investment around their service level commitments while retailers get better fill and better sell-through in their stores because the product the consumer wants is in stock. It's a win-win."

"The more that collaboration takes root in the industry, the more retailers will join in sharing POS data," said Jones. "As that happens, more suppliers will look for help and encouragement so they don't become overwhelmed. JustEnough is among the industry innovators providing technologies and solutions to help address these collaboration issues."

Supporting VCF also gives JustEnough an opportunity to learn from VCF's retailer/vendor community and understand key issues that they face throughout their supply chain.

"Being part of an organization like VCF gives us a way to connect with this community with a louder voice than before," said Kolber. "Through this partnership, we can be on the leading edge on conversations in the industry and then take those conversations back to our table so that we provide the right products to solve the industry's challenges."

About JustEnough

JustEnough is a market and technology leader in demand forecasting and inventory planning. JustEnough's on-demand and on-site inventory management solutions help retailers, wholesalers, manufacturers and distributors of every size to forecast their customer demand and calculate their safety stock.

Each year JustEnough calculates over 1.5 billion forecasts and recommends over 826 million orders to more than 8 million suppliers for customers worldwide, including Philips Lighting, Cooking.com, Nissan Diesel, Seventh Generation, Blain's Farm & Fleet, Pick n Pay Fresh Produce, Audi, Nissan, Cell C, Lonmin, Ackermans, McPherson Oil and Gold Fields.

JustEnough has offices in Phoenix, Arizona; London, England; and Johannesburg, South Africa. For more information, visit www.JustEnough.com or call (602) 358-8084.

About VCF

VCF is the leading collaborative retail organization facilitating profitable relationships between retailers and suppliers.

VCF, in association with Trade Promotion Management Associates (TPMA), is an advocate for retail-supplier trading synchronization and champions initiatives to increase strategic industry-wide productivity, profitability and growth. We are unique in that we assist retailers in their efforts to make their supplier base more effective, while simultaneously working with suppliers to better execute their customers' requirements. Our organization serves a multitude of touch points in perfecting retailer-supplier execution to shorten cycle times and drive overall velocity in the supply chain.

Visit us at www.vcfww.com.

Contact Information

  • Contacts:
    Melissa Culbertson
    JustEnough Software Corporation
    Director of Marketing
    602-717-1414

    Anna Lee
    VCF
    Manager, Marketing & Alliance Development
    646-442-3707