Collaboration with trading partners

The next level of sophistication offered by Rex is the electronic connection of business or Enterprise Resource Planning (ERP) systems between customers, suppliers and service partners.

Automated electronic connectivity removes administrative costs in purchasing, sales and accounts. It provides a huge reduction in order and payment errors, and enhances supply chain visibility. Enhanced visibility builds trading confidence, enabling a reduction in the level of safety stocks in the supply chain. Response to changes in customer demand is also more immediate.

Electronic connectivity is applicable to numerous types of business documentation and processes including:

• Order processing.

   

• Forecasting.

   

• Invoicing payment.

   

• Logistics management.

   

• Certificates of analysis.

It is widely accepted that the most significant benefits of supply chain integration are likely to come from radical changes to the way in which trading partners use this enhanced connectivity to collaborate and redesign their intercompany business processes.

Solutions delivered by Rex are now bringing e-business colaboration within the reach of medium-sized companies.

This collaboration opens up an exciting range of applications including:

• Collaborative product design and selection.

   

• Vendor managed inventory (VMI).

   

• Demand planning & forecasting.