Syncra Xt™ Version 5.0 extends Syncra`s capabilities in event collaboration, demand planning and continuous replenishment
Dallas – Marketechnics – February 24, 2003 —Syncra Systems, Inc., the leading provider of value chain collaboration solutions, today announced the availability of the Syncra Xt Version 5.0 collaboration platform, along with integrated applications. This fifth-generation technology supports large-scale, multi-tier deployments of four critical business-to-business processes:
Promotional event collaboration
Collaborative demand planning
Continuous replenishment
Collaborative Planning, Forecasting and Replenishment (CPFR®)
The Syncra Xt solution is modular and extensible. Customers can use Syncra Xt in conjunction with their existing enterprise planning applications, implement a single Syncra application on the Syncra Xt platform to solve a particular business problem, or deploy the full Syncra Xt application suite to manage the full range of value chain collaboration initiatives across their customer/supplier network. The Syncra Xt platform provides highly flexible and scalable data aggregation, allocation, exception management, metrics calculation, reporting, security and collaboration facilities for all the applications in the environment.
“Many customers who successfully implemented Syncra Xt for CPFR wanted us to help them with other supply- and demand-chain processes. After working closely with them to meet their requirements, we can now offer retailers, manufacturers and suppliers a new generation of collaborative applications for demand planning, event planning and replenishment activities.” said Jeff Stamen, Syncra CEO.
Syncra Events™ is the newest application in the Syncra product suite. It addresses the supply chain volatility and uncertainty created by promotional events, which have a major impact on sales volume in the retail channel. Syncra Events helps both retailers and manufacturers coordinate the details and lifecycle of temporary price reductions, new product introductions, store openings and other special events that dramatically affect demand, while greatly improving the accuracy and efficiency of the promotion planning and execution process. With Syncra Events, companies can engage customers and/or suppliers in volume planning and logistics, handle any exceptions as they occur, and evaluate performance for the benefit of future events.
"Collaboration between retailers and manufacturers was always meant to be about more than sales forecasts and orders," says Andrew White, Research Director, Gartner, Inc. "Collaboration solutions that extend beyond classic CPFR processes, explicitly modeling shared calendars and Event collaboration, provide a much more rounded, useable, and collaboration-rich environment on which shared benefits can be realized."
All of Syncra’s value chain technology has been developed using open Internet, database and data interchange technologies including Java and XML. Built to support each partner having its own unique view of the data reflecting the way it does business, Syncra’s “many-to-many” data model enables deployments scalable to the largest private and public trading partner communities. In addition, an open, vendor-neutral approach allows Syncra customers and their trading partners to leverage their existing investments in forecasting, planning and intra-enterprise applications.
The new features incorporated into Syncra Xt v5.0 are the result of a close working partnership between Syncra and several of its most strategic customers. These include members of Syncra’s Customer Advisory Group such as Kraft Foods, Kimberly-Clark Corporation, The Gillette Company, Georgia-Pacific, S.C. Johnson, Procter & Gamble and Unilever, as well as strategic partners such as IBM and Transora.
About Syncra Systems
Syncra Systems, Inc. is a leading provider of software and implementation services enabling supply chain collaboration. Leading retailers, manufacturers, and their suppliers rely on our collaborative planning applications to strengthen their trading relationships by improving service levels, reducing inventory and logistics costs, and enhancing trust. We provide the tools to help them coordinate event plans, forecast demand more accurately, and replenish more efficiently through an advanced suite of collaborative applications for planning and managing the alignment of supply and demand. Syncra Systems can be found on the web at www.syncra.com.
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