Malvern, PA, March 05, 2019 (GLOBE NEWSWIRE) -- Vecco International, provider of an advanced end-to-end cloud-based supply chain management solution, today announced that Formlabs, the industry leader in 3D printing technology, has selected Vecco to manage the company's global supply chain in support of its rapid international growth. “We are honored that Formlabs has selected Vecco as the foundation of its Digitization Initiative, supporting its rapidly expanding complex global supply chain,” said Jonathan Kall, Vecco’s CEO.
Formlabs pioneered the new category of professional desktop 3D printing in 2012 when it launched the world’s first affordable, powerful desktop stereolithography 3D printer. Today the company is bringing powerful and accessible fabrication tools into the creative hands of professionals around the world. Formlabs will deploy Vecco’s Value Chain Resource & Response Planning (VCRPTM) platform across its multi-tier supply chain enabling them to better plan and manage worldwide inventory and gain complete visibility and control over the company's product supply and demand.
“Formlabs selected the Vecco platform because of its comprehensive yet incrementally deployable supply chain capabilities which will enable us to extend our NetSuite ERP and better plan and execute on constant changes in demand, supply and inventory,” said Henk Van Wuijckhuijse, Formlabs’ Global Head of Planning & Logistics. “With Vecco on board, we now have the ability to scale the business by overseeing and proactively managing what is quickly becoming a very complex worldwide supply chain.”
Vecco’s patented, cloud-based multi-tier VCRP solution can extend and complement all major ERP and S&OPs to provide visibility and control across the all elements of multi-tier in and out bound value chains, including sites owned by partners and customers. VCRP particularly helps users with highly outsourced supply chains to manage synchronized, multi-partner business networks solving multi-tier global supply and fulfillment challenges. This enables them to improve on-time performance, compress cash-cash cycles, reduce inventory levels and costs, improve agility, and manage supply chain event risk.
VCRP makes the whole chain work as if it was one enterprise. VCRP is configured, not coded, requiring no changes to partners’ existing systems of record, which allows Vecco to offer Value Chain Management capabilities previously available only to much larger companies, and at a fraction of the cost. Users can rapidly install without significant demand placed upon their limited capital and personnel resources.
The Vecco solution has proven ability to support thousands of users and hundreds of trading partners. Vecco has also recently been recognized by several leading industry analyst firms as a top Supply Chain Vendor in the emerging category of Multi-Enterprise Supply Chain Business Networks. Vecco is the only “Built For NetSuite Certified” Supply Chain technology to be recognized in this category. According to Kall, “This Formlabs partnership affirms that Vecco is the logical solution to consider for rapidly growing or global companies that need to synchronize demand, supply and logistics planning with transaction execution across their multi-tier value chains.”
About Vecco International:
Vecco offers a next generation, SaaS based supply and demand planning and response management software platform focused on helping corporations transform their customer service performance and profitability. Vecco's VCRPTM suite of real-time value chain planning, and process execution solutions help companies better plan and manage worldwide inventory and gain complete visibility and control over the company's product supply and demand. For more information, visit www.veccointl.com.