Inventory Planning And Optimization Leader Unveils New Software Positive Impact To Cash Flow, Productivity And Customer Satisfaction In A Troubled Economy
Valogix LLC, the leader in inventory management software solutions and IBM Premier Partner has announced its newest inventory planning solution for small and medium sized businesses (SMBs). Valogix software solutions help SMBs manage stock efficiently while discovering money hidden in their warehouses from unbalanced and aging inventories.
VALOGIX Inventory Planner Enterprise Edition (V8) improves productivity while enhancing employee and customer satisfaction. The software helps SMBs accurately forecast inventory levels to meet customer demand in a turbulent and ever-changing economic climate.
Valogix teamed up with IBM for the introduction at the IBM Innovation Center in Waltham, MA on May 27, 2009. During this presentation, which was live and broadcasted via global webcast, a panel of industry experts discussed trends in consumer demand and how distributors, wholesalers and retailers can lower costs, improve productivity and increase service levels with affordable, easy-to-use enterprise-level technology.
"We are very happy to release our newest enterprise-level software to small and medium sized businesses," said Richard Vaccaro, president and CEO at Valogix, LLC. "V8 is a smart software that will transform how SMBs manage stock, ensuring they can meet demand while keeping their inventories lean and service levels high."
With more than 20 years' experience in inventory forecasting and optimization, the Valogix team has designed the new V8 solution on the Java 2 platform, Enterprise Edition (J2EE), allowing for ease of implementation and a host of new features including browser-based capabilities. The V8 software integrates IBM technology for enhanced performance and a virtual environment for easier installation, more data security and business intelligence information for strategic and long-range planning.
The V8 version incorporates the highly effective Valogix forecasting and optimization engine in use in hundreds of companies such as Pacific Steel, Legend Valve, Translectric, HP and more. "Our customers expect to receive the parts they need, when they need them," according to Antonio Castillo, CFO for Herramientas Poderosas. "We have to earn their loyalty by providing them with outstanding service, every time. Using VALOGIX Inventory Planner allows us to reduce our overall capital expenditures and at the same time, deliver the level of service our customers expect."
About Valogix
Since 1988, the founders of Valogix have been leading innovators in advanced inventory planning and optimization solutions. These solutions automatically forecast demand, set optimal stocking levels, replenishment items, and optimize the inventory. Valogix solutions are easy to use, affordable and provide rapid ROI. Dramatic cost reductions, improved productivity, and increased customer satisfaction are benefits received within months of implementation.
Valogix is located in Saratoga Springs, NY and has hundreds of customers and representatives covering North America, Central and Latin America, Europe, and the Asia Pacific region. Valogix is a global, Gold-Level partner of SAP and Premier Business Partner of IBM.
SOURCE: Valogix LLC and IBM Premier Partner