NASDAQ OMX

Schneider Electric Canada Selects Datalliance as Platform for Vendor Managed Inventory (VMI)

26.4.2017 15:34 | NASDAQ OMX

Dela

Leading Electrical Manufacturer to Launch VMI Program in 2017

CINCINNATI, April 26, 2017 (GLOBE NEWSWIRE) -- Datalliance announced today that the Canadian operations of Schneider Electric, the global specialist in energy management and automation, has selected the Datalliance VMI platform as the technology foundation for the company's Vendor Managed Inventory program to be launched in early 2017.  Schneider Electric also uses the Datalliance platform to support the company's VMI program in the United States.

Adrian Thomas, Schneider Electric Vice President, Partner Business & Channel said: "We are eager to begin using VMI to collaborate more closely with our channel partners. It will help us work together every day to ensure high service levels and well-planned product assortments for the end customer while gaining inventory and supply chain efficiencies for both our distributors and us. That will ultimately lead to increased mutual sales and profitability. We selected Datalliance as our platform provider because they are the recognized leader in VMI technology and service, and are well-respected by electrical distributors across all of North America, including Canada.  They also took time to understand our goal set, making us very aligned on VMI expectations."

Tom Hoar, Datalliance Sales Director, said: "We are proud to welcome Schneider Electric Canada to the Datalliance customer community. They are dedicated to supply chain excellence, and to working with key partners to increase sales and service to their mutual end customers while at the same time streamlining inventory management, order handling and product life cycle management. The VMI process in Canada has picked up lots of steam the past couple years in the electrical space, VMI is no longer seen as just an IT project, but is now recognized as a focused sales growth and service initiative rooted in collaboration. Suppliers and distributors have both seen the benefits in terms of improved service levels, inventory efficiency, visibility and end customer sales. Companies in the electrical industry in Canada are now steadily expanding the use of this collaborative business process to more trading partners."  

About Datalliance:
Datalliance is the world's largest provider of technology and services to support collaborative replenishment programs such as Vendor Managed Inventory (VMI) and related approaches.  Delivered as a cloud-based platform backed by extensive customer care, Datalliance makes it easy for trading partners to establish inventory management relationships that increase sales and profits by fully aligning business objectives, increasing on-shelf availability, optimizing turns, and reducing supply chain costs.  Datalliance manages billions of dollars in orders, millions of SKUs, and tens of thousands of locations worldwide for leading companies in consumer and industrial markets. For more information about Datalliance, visit www.datalliance.com.

About Schneider Electric:
Schneider Electric is the global specialist in energy management and automation. With revenues of 26 billion US dollars (25 billion euros) in FY2016, our 160,000+ employees serve customers in over 100 countries, helping them to manage their energy and process in ways that are safe, reliable, efficient and sustainable. From the simplest of switches to complex operational systems, our technology, software and services improve the way our customers manage and automate their operations. Our connected technologies reshape industries, transform cities and enrich lives. At Schneider Electric, we call this Life Is On.  www.schneider-electric.ca

 

Contact: Brian Lindner, Datalliance
513-791-7272



This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Datalliance via Globenewswire

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