Omnichannel has become the buzzword of the moment for retail supply chains. 

Recently, four hundred retail CEOs were surveyed by PwC, for a study commissioned by JDA Software. The survey is titled “Retail’s New Imperative: Supply Chain Optimization as a Growth Strategy.” The study revealed a large number of these retail CEOs reporting that their supply chains were not optimized to support the new omnichannel. 

Mid-May was a busy time for Ultriva. In addition to connecting with our users at our annual Customer Conference, we were an exhibitor at NetSuite’s SuiteWorld 2014. SuiteWorld is Netsuite’s annual user conference for customers, partners, media, and industry analysts in San Jose, California. 

All of Ultriva is excited that we will be exhibiting at SuiteWorld 2014 in San Jose, California from May 12-15, 2014. The SuiteWorld Conference is expected to attract more than 6,000 NetSuite customers, partners, and developers from around the world. SuiteWorld is NetSuite’s largest user conference and Ultriva representatives will be showcasing their supply chain management solution which will complement NetSuite Cloud ERP. Attendees can visit Ultriva at booth #818.

Ultriva’s Lean Suite provides a collaborative platform for manufacturers to establish Electronic Kanban with their customers and suppliers. All the Ultriva modules – Inventory Optimization Tool (IOT), Customer Kanban, Supplier Kanban and Lean Factory Management, will exchange data seamlessly with NetSuite ERP.

Ultriva will feature a live demonstration of the Ultriva Inventory Optimization Tool with direct connectivity to NetSuite. This demonstration illustrates precisely how Ultriva extracts historical data from NetSuite and simulates potential inventory savings.

In today’s environment streamlining the supply chain is a high priority for most manufacturing companies.  Purchased parts are typically 60% or more of the manufacturing cost.  This puts tremendous pressure on materials and supply chain executives to drive these costs down, while at the same time improve on-time delivery.  A proven approach to achieve those goals is to improve supply chain collaboration.