Do you know when the shipments from your suppliers are going to arrive at your distribution centers or manufacturing plants?
Are you stocking buffer inventories in your supply chain to reduce the likelihood of out-of-stocks and supply shortages?
Are you planning to implement cross-docking or floor ready merchandise initiatives with your suppliers to increase inventory turns?
If you answered “yes” to any of these questions, then it may be time to consider investing to further automate the warehouse receiving processes with your business partners. By requiring them to affix serialized barcode labels to all shipments and to send advance ship notices (ASNs) (856s) you can significantly improve the flow of inventory through your supply chain. You will know which shipments are arriving and when, so you can plan labor schedules and arrange for cross-docking to outbound transportation carriers. You can gain confidence in your inventory estimates and reduce the safety stock that drags on your balance sheet.
For Retailers—Designed to meet the complex needs of the retail industry, OpenText Vendor Portal offers a low cost approach to rapidly enable business partners to send ASNs and barcode labels.
Best-in-Class—If your business partners are already sending ASNs, but you are struggling with high error rates or low adoption levels, consider OpenText Active Intelligence. You can model business rules to identify the root cause of ASN data quality problems. And you can create scorecards to measure the performance of business partners. Learn more about Active Intelligence.