New Applications, Enhanced Features and Tools to Ease Implementation Enable Companies to Dramatically Improve Coordination of the Extended Supply Chain
TEWKSBURY, MA, September 17, 2002 - Yantra Corporation (www.yantra.com), the leading provider of supply chain solutions for the extended enterprise, today announced the Yantra 5x product suite. Yantra 5x features two new applications, Yantra Reverse Logistics and Yantra Logistics Management, and enhanced functionality, such as support for n-tier orders and line-item dependency, to power customer and service parts order fulfillment processes. In addition, the applications that comprise the Yantra 5x product suite can now be purchased on a standalone basis or as an integrated suite. This flexible market offering delivers more choices for how companies buy, implement and leverage Yantra`s technology, and enables them to address specific business processes or broader solutions across the supply chain.
Yantra 5x builds on the company`s acknowledged leadership in Distributed Order Management. Now, the Yantra 5x product suite provides the most complete set of applications for managing the flow of orders, inventory and shipments through a complex supply chain, including inbound and outbound delivery, reverse logistics and service parts management. Companies that adopt Yantra 5x will have the ability to coordinate all order, inventory and shipment activity from a single platform.
"In today`s environment, the order fulfillment process has never been more strategic. Every sale matters, and flawless execution is core to powering the revenue engine," said Devdutt Yellurkar, Yantra`s president and CEO. "Yantra 5x provides all of the tools to dramatically improve control and coordination of order fulfillment, supply collaboration and service parts logistics to ensure orders are filled on-time, as promised and that inventory and shipments move as cost-effectively as possible."
A September 14, 2002 AMR Alert states, "[Enterprises] are just now beginning to view customer fulfillment in a distributed way as a problem that must be addressed strategically. [Yantra] further segments its product line to address the needs of line-of-business managers while providing a customer fulfillment story that enterprises can invest in over time.... Meanwhile, its integrated platform still allows it to sell within a fuller customer fulfillment vision. Users want to buy it this way, so this should bode well for Yantra`s market success."
Yantra 5x Highlights Include:
Yantra Distributed Order Management Enhancements
Only Yantra Distributed Order Management delivers n-tier order capabilities and line-item dependency that readily enables complex and multi-step fulfillment processes, such as procure-to-order, build-to-order and value-added service execution in an extended supply chain environment. Yantra automatically creates and tracks any order that results from, or depends on, the original customer order, facilitating the coordination of associated services, such as testing, delivery and installation.
Yantra Reverse Logistics
Yantra Reverse Logistics improves customer responsiveness, reduces inventory levels and minimizes operational costs through real-time control of the return and repair cycle. It delivers conditioned-based returns processing, including the execution/management of associated activities, such as exchange orders, refurbishment and repair requests, and return disposition.
Yantra Logistics Management
Yantra Logistics Management provides the critical capabilities for monitoring and managing the flow of inbound and outbound shipments. It coordinates activities across all parties in a multi-mode, multi-stage transportation plan, and with the addition of proactive monitoring in the Yantra Platform, identifies events and notifies participants when shipment problems could occur.
Yantra Supply Collaboration
Yantra Supply Collaboration manages the complete purchase order lifecycle. It provides both internal and external users with immediate access to purchase/planned orders and releases, allowing them to negotiate changes over the Internet, redirect orders and inventory, and resolve unexpected problems or delays.
Platform Enhancements and Increased Connectivity
The Yantra 5x Platform features a business process repository that holds a rich set of pre-configured supply chain processes designed to ease custom configuration and speed implementation. The Yantra 5x Platform also features the Service Definition Framework, allowing Yantra`s applications to be leveraged as callable Web services by other best-of-breed and legacy applications.
Flexible Market Offering
Yantra 5x applications can now be purchased on a standalone basis or as an integrated suite, providing more flexibility in how companies buy, implement and leverage Yantra`s technology. With this flexible market offering, companies can address specific business processes such as Distributed Order Management, Reverse Logistics and Warehouse Management, or comprehensive solutions.
The Yantra 5x Product Suite Includes:
Distributed Order Management - Manages complex order fulfillment across many sources, stages and channels
Warehouse Management - Manages high-volume, complex warehouse operations
Logistics Management - Tracks and manages the inbound or outbound flow of shipments in a multi-mode, multi-stage transportation plan
Reverse Logistics - Manages the complete reverse logistics process from RMA to disposition across a wide network (e.g., multi-site, multi-stage)
Supply Collaboration - Manages purchase orders and inbound supply across a wide supply network Inventory Synchronization - Monitors and manages all global inventory locations, inside and outside the enterprise
Product Management - Manages product data and items effectively across multiple catalog sources
Supply Chain Event Management - Proactively monitors and resolves supply chain problems before they impact customers
Platform - Provides the core underlying technology to all Yantra products-supply chain event management, business process management, participant management, services-based interoperability and multi-enterprise data model.
Yantra is the leading provider of supply chain solutions for the extended enterprise. Our solutions enable companies to dramatically improve the execution of order fulfillment, supply collaboration and service parts logistics across the extended enterprise.
Yantra has deep domain expertise in supply chain management and works with some of the world`s top businesses including APL Direct Logistics, Argos, Best Buy, DHL, Eastman Chemical, Motorola, Rockport, ScanSource, School Specialty and Target. The company is privately held and headquartered outside Boston, Massachusetts. For more information, visit www.yantra.com or call (888) 2-YANTRA.