New EPIC Tool Integrates Information From Across Supply Chain
Operations To Deliver Dramatic Improvements In Process Efficiency
ModusLink Corporation, a wholly owned subsidiary of ModusLink
Global Solutions Inc. (NASDAQ: MLNK), a global, omni-channel
technology and fulfillment provider, today announced the launch of its
new Enhanced Planning and Integrated Collaboration (EPIC) tool,
expanding its end-to-end supply chain offerings with a fully integrated
supply chain planning tool that helps customers drive increased
efficiency and optimization of their supply chain resources.
The EPIC tool serves as a collaborative platform for all supply chain
knowledge sharing with a single source of information, resulting in
quicker and more informed decision-making. EPIC sits on top of an
organization’s enterprise resource planning (ERP) system and can
simulate changes in supply and demand, and run real-time material
requirements planning (MRP) scenarios in just seconds and store
snapshots of history to enhance analytics for predictive planning.
As a result, organizations can quickly correct supply chain problems
such as sourcing or material delays, more easily identify opportunities
for gains in efficiency, reduce expenses and improve customer service.
“Our goal at ModusLink is to help customers build great products and
customer experiences –ensuring that brands have the right information at
the right time is one of the ways we’re able to do that so effectively,”
said Tom Collins, Vice President, Supply Chain Planning at ModusLink.
“At its core, EPIC is a tool that enables better communication between
brands and their stakeholders, in order to create a more transparent
supply chain. It’s about better information being shared faster, which
helps improve performance while keeping customers and suppliers happy.”
Many brands and retailers today lack the expertise and tools needed to
define the necessary goals, processes and technologies that will allow
them to transform their supply chains into profit centers capable of
differentiating their company from the competition. ModusLink’s EPIC
tool will help these organizations create a more responsive supply chain
with improved end-to-end collaboration, enabling them to maximize the
efficiency of their increasingly complex global supply chains.
EPIC enables the configuration of multiple, interconnected supply chain
management and sales and operations processes. It balances demand and
intelligence about supply chain operations quickly, collaboratively and
in line with business objectives. Organizations can rely on EPIC as the
backbone for all supply chain activities, including:
-
Demand management, supply commitments and performance management
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Supply and demand balancing scenario simulations
-
Business scenario assessments, including impact of demand and supply
change and changes in attributed impact
-
New product introduction planning
“The ability to streamline and optimize the processes that support the
rapid delivery of innovative products is a critical success factor in an
increasingly competitive environment,” continued Collins. “Supply chains
are incredibly dynamic and volatile – any number of variables, ranging
from customer demand to unexpected weather or labor issues – can change
things at a moment’s notice. EPIC enables brands and retailers to head
these issues off upstream rather than repair them when it’s too late,
after they’ve already impacted the business.”
ModusLink EPIC will be available in March 2016. For more information,
please visit www.moduslink.com.
About ModusLink Global Solutions
ModusLink Corporation, a
wholly owned subsidiary of ModusLink Global Solutions Inc. (NASDAQ:
MLNK), is a global, omni-channel technology and fulfillment provider
that gives clients real-time visibility into their end-to-end supply and
demand chain operations, with expertise and facilities worldwide to
manage forward and reverse logistics. The company’s operations are
supported by more than 25
sites across North America, Europe and the Asia/Pacific region. For
more information, please visit www.moduslink.com
and www.valueunchained.com,
the blog for supply chain professionals.
This release contains forward-looking statements, which address a
variety of subjects including, for example statements regarding
after-sales solutions. All statements other than statements of
historical fact are forward-looking statements. The following important
factors and uncertainties, among others, could cause actual results to
differ materially from those described in these forward-looking
statements: ModusLink's success, including its ability to reach its
revenue, sales and profitability goals depends on its ability to execute
on its business strategy as well as the continued and increased demand
for and market acceptance of its services; global economic conditions,
especially in the technology sector are uncertain and subject to
volatility; demand for ModusLink’s clients' products may decline or may
not achieve the levels anticipated by ModusLink’s clients; and increased
competition and technological changes in the markets in which ModusLink
competes. For a detailed discussion of cautionary statements that may
affect ModusLink's future results of operations and financial results,
please refer to ModusLink's filings with the Securities and Exchange
Commission, including ModusLink's most recent Annual Report on Form 10-K
and Quarterly Reports on Form 10-Q. Forward-looking statements represent
management's current expectations and are inherently uncertain.
ModusLink does not undertake any obligation to update forward-looking
statements made by the company.
ModusLink, EPIC, ModusLink Global Solutions are trademarks of
ModusLink Corporation. All other company names and products may
be trademarks of their respective owners.
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