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Transelectric Continues to Reap Benefits From SAP® Business One
and VALOGIX® Inventory Planner
November 6, 2008 - Saratoga Springs, NY USA - Valogix announced today that its customer, Translectric, Inc., of Jackson, MO continues to realize on-going productivity gains and financial savings after implementing SAP® Business One and VALOGIX Inventory Planner two years ago. This is the third in a continuing series of performance updates on Translectric.
In June 2006, Valogix published the first customer success story about Translectric. Within three months of implementation, they had reduced inventory, decreased back orders, and increased revenue and inventory turns, achieving more than 100% ROI. At 14 months, Translectric noted ongoing savings which included a reduction in inventory of 20%, increase in revenue of 10%, and a 70% reduction of back orders, among others.
Two years after implementation, Translectric continues to benefit from the savings it receives by using Valogix. Recently, Translectric completed an evaluation of their inactive and excess inventory, necessitated by this precarious economy. The system identified more than $20,000 in inventory "fat" and Translectric has taken steps to eliminate it from its shelves. In total, Valogix has helped Translectric reduce its inventory investment by hundreds of thousands of dollars, while increasing fill rates to more than 95%.
"Valogix is a tool that just keeps giving back. In such a tough economy, businesses have to find ways to trim the fat but also increase customer service at the same time. Valogix helps not only Translectric do that, but our dealers benefit by not having to carry large quantities of stock and still be able to get what they need when they need it," says Scott Toll, Operations Manager with Translectric. "Valogix continues to help us save money year after year."
In an on-going effort to provide value to its customers, Valogix has initiated a new program designed to provide independent expert advice to small and mid-size businesses.
The VALOGIX® Expert Series, begins in November with the first program in the series featuring David Caruso, the founder and Principal of David Caruso & Associates, Inc, a consulting firm specializing in manufacturing, supply chain, and technology strategy.
The VALOGIX® Expert Series will be available in a variety of formats. The first session will be available in the new and innovative video PDF format to deliver the content. Subsequent sessions will be available via webcasts, whitepapers and additional video PDF’s. All sessions will contain "how to" information from the experts. The VALOGIX® Expert Series runs through 2009. The anticipated topics are 1.) Releasing Cash Hidden in Your Inventory; 2.) Identifying and Solving Inventory Problems; 3.) Developing an Inventory Planning Strategy.
About Valogix
Since 1988, the founders of Valogix have been leading innovators in advanced inventory planning, optimization, and predictive analytics solutions. The advanced technology solutions automatically forecast demand, set and optimize stocking levels, replenishment stock, and optimize the investment in inventory. Valogix solutions are easy to use, affordable and provide measurable, rapid ROI. Dramatic cost reductions, improved productivity, and increased customer satisfaction are benefits received within months of implementation.
Valogix located in Saratoga Springs, NY has hundreds of customers and representatives covering the 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. For media information, contact Dawn DiLorenzo 518-450-0309 or visit the company web site: http://www.valogix.com.
About Translectric
Translectric Inc. was established in 1967 by Ray Mirly when he copyrighted a device called "Servicemate." This device provided emergency electrical power for motor driven tools. Originally, this was sold to farmers and farm equipment dealers for resale. Sales eventually migrated to construction equipment dealers for resale. Translectric is located in Jackson, MO. Translectric may be contacted at 1-800-333-2589. Website: www.translectricinc.com.
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