Timex Live with Provia Software
CONTACT:
John P. Clark
Marketing Manager
Provia Software http://www.provia.com
T: 616-974-8689, F: 616-285-3312
Toll-free in North America: 1-877-PROVIA1
john.clark@provia.com
Largest Selling Watch Brand in America Using Provia`s ViaWare WMS for Tailored Client Packaging, Lowered Overall Finished Inventory Stocking Levels and Increased Customer Service
01/17/03-Grand Rapids, Michigan-Provia Software, a leading provider of order-to-delivery supply chain execution software solutions, announced that Timex Corporation, the largest selling watch brand in America, has gone live with Provia`s ViaWare WMS warehouse management and ViaView visibility and event management products at the company`s main manufacturing facility in Cebu, The Philippines. The site manufactures and distributes Timex watches throughout North America.
As a supplier to many of America`s leading retailers, Timex is utilizing the advanced kitting and assembly functionality in Provia`s ViaWare WMS to better handle the detailed assembly and packaging requirements of many of the company`s clients. These clients want Timex to deliver watches to their stores `shelf ready`, with the particular stores pricing and other items already on the watch. "Our clients don`t want to spend time preparing product; they want to take shipments from us and be able to place them right on the shelf," said Steve Garrett, Director-Global Supply Chain and Logistics, Timex. "Our clients require us to provide store ready product, with pricing and security measures already in place. With ViaWare, we`re able to adhere to these requirements."
Provia`s ViaWare WMS allows Timex to use much of the same component stock to build the various product kits for each of those clients and keep the product in various stages of assembly until the completed product is needed. By postponing the final watch assembly, Timex is able to reduce the number of completed watches for each client on the shelf and can instead assemble them `on the fly`. This allows Timex to reduce the amount of overall inventory needed to be stored in the facility. "By using kitting, we`ll be able to reduce our overall inventory by as much as 20%, and be able to better handle customer compliance requirements," continued Timex`s Garrett. "Accuracy in customer compliance results in immediate bottom-line savings because of reduced penalties for non-compliance."
Another important area to Timex was ViaWare`s ability to seamlessly tie-in with Timex`s Oracle ERP system. Provia`s ViaWare WMS ties into multiple modules within Oracle 10.7, including order management, manufacturing, inventory, etc.. Orders for stock watches are downloaded from Oracle to ViaWare WMS as kit to stock orders to assemble the wrist watches. As each watch is assembled, the component pieces used in the watch are `back flushed` to Oracle, making that inventory unavailable.
Sales orders for specific orders are downloaded from Oracle to ViaWare WMS as outbound orders, which creates a kit to order scenario. In this case, a wrist watch already in inventory has the final assembly performed for the specific order, making that watch customer compliant. The kit to order process is automatically performed in conjunction with the process of picking and shipping the specific order. In this scenario, Timex has been able to reduce finished inventory stocking levels.
"Being able to tailor orders to specific clients gives companies like Timex a unique opportunity to offer higher levels of customer service," said Provia president and CEO Ken Lewis. "Combining that with being able to lower inventory carrying costs at the same time is a strong value proposition that`s hard to beat."
About Timex - From the revolutionary timepieces of the early 1950`s that brought inexpensive dependable wristwatches to the general public, to more recent innovations like Indiglo night-light and the revolutionary Timex Ironman Speed + Distance System, the Timex name is synonymous with helpful innovation. Timex Corporation, headquartered in Middlebury, Connecticut, is the largest selling watch brand in America. For local store information consumers can call (800) FOR-TIMEX or visit www.timex.com .
About Provia Software - With over 500 global installations, Provia Software delivers The Power of Delivery(tm) for such enterprise and third-party logistics (3PL) clients as Gillette, Menlo Worldwide, Graybar Electric, US Freightways, Spencer Gifts, Lanier Worldwide, and Ferguson Enterprises. Provia`s Supply Chain Execution solutions include warehousing, transportation, order and yard management products seamlessly integrated together with web-based visibility tools to create a real-time, end to end supply chain execution solution that creates a competitive advantage for clients and their customers. For more information on Provia, visit www.provia.com or call toll-free 1-877-PROVIA1 (1-877-776-8421).
# # #
Back...
