1 Updates

IHI Construction Machinery Begins Operation of Cloud-Based, Inventory Management Software from Syncron

May 29 2014, 7:50am CDT | by

The Syncron solution used by IHI CM enables forecasting and inventory planning of spare parts. The application runs out of the Syncron data center, which is located in Stockholm, Sweden. IHI CM accesses the Software-as-a-Service (SaaS) product through the internet.

Stockholm, Sweden, May 29, 2014 --(PR.com )-- Today, Syncron International, an aftermarket inventory optimization company, announced that IHI Construction Machinery Limited (IHI CM), a Japanese...

Filed under: news

YouTube Videos

 
 
 

7 weeks ago

IHI Construction Machinery Begins Operation of Cloud-Based, Inventory Management Software from Syncron

May 29 2014, 7:50am CDT | by

The Syncron solution used by IHI CM enables forecasting and inventory planning of spare parts. The application runs out of the Syncron data center, which is located in Stockholm, Sweden. IHI CM accesses the Software-as-a-Service (SaaS) product through the internet.

Stockholm, Sweden, May 29, 2014 --(PR.com )-- Today, Syncron International, an aftermarket inventory optimization company, announced that IHI Construction Machinery Limited (IHI CM), a Japanese manufacturer of excavators and heavy equipment, is now using its cloud-based global inventory management software.

The Syncron solution used by IHI CM enables forecasting and inventory planning of spare parts. The application runs out of the Syncron data center, which is located in Stockholm, Sweden. IHI CM accesses the Software-as-a-Service (SaaS) product through the internet.

The IHI CM data, including orders and stock levels, is sent from the company’s Enterprise Resource Planning system (BPCS) to Syncron daily via secure File Transfer Protocol (FTP). Order and stock level information is needed to perform forecasting and replenishment calculations. After the calculations are complete, the application sends back the results to the ERP system, which generates purchase orders to their supplies. In addition to reducing stock and improving service levels, the integrated spare parts planning system will automate the business processes at IHI CM, which was highly dependent on manual computation.

By using inventory management from Syncron, IHI Construction Machinery expects to achieve three important goals – immediately achieving one hundred percent availability on maintenance parts; resolve parts shortages as soon as possible; and bring unwanted stock to zero as soon as possible.

IHI CM has completed a feasibility study with Syncron to evaluate the functionality. Prior to purchasing the system, IHI Construction Machinery provided actual data to Syncron. The data was used to build a simulation of service level and inventory reduction. Syncron was selected based on the results of this simulation, and because of the availability of a cloud solution, which does not require a large initial financial investment and is significantly faster to implement. Fees for the accessing the software are paid on a monthly basis, which was also important to the software selection process.

“Improving the customer satisfaction by reducing the machine downtime is a common goal for the manufacturers in the industry. We have been trying to improve our service by monitoring the service level and available-to-promise. However, these indicators are often difficult to forecast even when there is enough data available.

While there is always uncertainty in market, over stocking is also a concern,” said Hiroaki Masuda, Director of IHI Construction Machinery Parts Support. “We needed to have a more reliable forecast and recovery strategy, which Syncron Global Inventory Management can provide. We are expecting to improve the service level and stock reduction based on the results of the simulation. Syncron is already suggesting replenishment orders based on the inventory policy. We will make a progress together with Syncron to improve customer satisfaction.”

“We are very proud of being selected by IHI CM as a business partner to support their inventory management process. The implementation project was done on-time, on-budget and will be supporting the operation by closely monitoring the KPIs,” said Hitoshi Tachinaba, management director, Syncron Japan. “We expect that IHI CM will see a clear effect at central warehouse and eventually expand the usage to other warehouses. The application is running on cloud, which reduced the initial investment and limited the use of the company’s IT resources. There is a trend toward using SaaS in Japan. As a result, we will continue to promote our global inventory management and price management solution delivered in the cloud.”

Contact Information:
Syncron Inc.
Kate McDonald
855 298-7245
Contact via Email
www.syncron.com
sales.us@syncron.com

Read the full story here: http://www.pr.com/press-release/560963

Press Release Distributed by PR.com

 

Don't miss ...

 

<a href="/latest_stories/all/all/29" rel="author">PR.com</a>
PR.com press-releases.

 

blog comments powered by Disqus

Latest stories

South African nations to sign economic partnership deal with EU
Cape Town, July 22 (IANS) The Southern African Development Community (SADC) will sign a new and improved economic partnership agreement with the European Union (EU), it was announced Monday.
 
 
Learning to read does not stop at 4th grade
New York, July 21 (IANS) Teachers often think that fourth grade is when students stop learning to read and start reading to learn. Not any more.
 
 
Indulge in healthy food, but mind the portion
New York, July 21 (IANS) Indulging in health food items to cut flab? Make sure you know how much to eat as it is possible overdose of right food can prevent you from losing weight.
 
 
Egypt Air to fly to New Delhi thrice a week
New Delhi, July 21 (IANS) Egypt's flasgship carrier Egypt Air will launch direct flights to New Delhi to meet the increasing tourist influx from India.
 
 
 

Latest from the Network

Dwayne Johnson would beat up Superman as Hercules
Dwayne Johnson says Hercules would ''knock Superman into next week''. The 42-year-old actor stars as the Greek hero in the Brett Ratner film of the same name and claims his character would definitely win in a fight...
Read more on Movie Balla
 
'Angry Birds Transformers' Promises Trinity Of Cars, Robots And Video-Games
After tantalizing news last month about a new Angry Birds Transformers game that would use physical Transformer toys in the app, Rovio today announced more details. The game focuses on the battle for Piggy Island where...
Read more on Auto Balla
 
18 killed in Philippines clash
Manila, July 22 (IANS) At least 18 people were killed and 13 injured Tuesday during a clash between military troops and rebels in Philippines, an official said. The clash occurred at 1.15 a.m when the rebels from...
Read more on Politics Balla
 
New MacBook Airs are coming, but the 12-inch Retina model might be delayed
Apple is apparently going to launch new 11-inch and 13-inch MacBook Air versions in the coming months, 9to5Mac says, citing reports from Taiwan’s Economic Daily News. Furthermore, the 12-inch Retina MacBook Air – a...
Read more on Apple Balla
 
Is the iPhone 6′s display really unbreakable? These videos hold the answer
Two new extreme torture tests of the iPhone 6’s alleged front panel made of sapphire glass were recorded on video by Marques Brownlee, and the display survived one of them – just like it did in previous tests –...
Read more on Apple Balla
 
iPhone 6 and next-gen Retina iPad mini rendered by design master
We have seen dozens of dummy mockups of Apple’s next-generation iPhone 6 over the past few months, and the odds are very good that we can expect Apple’s actual iPhone 6 to resemble them when it launches sometime this...
Read more on Apple Balla
 
3 awesome paid iPhone apps you can download for free right now
We shared tons of awesome paid iPhone and iPad apps with you last week that were all on sale for a limited time, but that doesn’t mean we’re stopping there. Today marks the start of a new week, and it also marks the...
Read more on Apple Balla
 
iPhone 6 shell with embedded Apple logo seemingly seen for first time
We have good news and bad news, Apple fans. The good news is that the increasing volume of iPhone 6 parts leaks is almost certainly evidence that the new handset is entering mass production. The bad news is that if the...
Read more on Apple Balla
 
New iPhone 6 parts leak further supports huge upcoming redesign
With several independent reports claiming that mass production of Apple’s new iPhone 6 gets underway this month, leaks are kicking into high gear. Yes, believe it or not, the consistent flow of iPhone rumors and leaks...
Read more on Apple Balla
 
Security researcher: iOS security has been intentionally compromised by Apple
Apple’s placing a lot of emphasis on iOS security (especially when compared with that “toxic hellstew” Android) and on privacy (again, compared to its rival) but it turns out that iOS might not be as secure or private...
Read more on Apple Balla