MALVERN, Pa., June 1, 2015 (GLOBE NEWSWIRE) -- Vecco International, a technology leader in value chain visibility, planning, and response management solutions, has been named in Gartner's March 31, 2015 report, "Cool Vendors in Supply Chain Planning, 2015." Vecco officials believe the company's inclusion in the report confirms the value of its leading-edge technology and ability to rapidly configure customized applications, making Vecco the logical solution for small and mid-sized organizations (SMBs) looking for technology that helps to converge planning and execution.
Gartner's new supply chain planning report highlights the market demand for both real-time visibility and collaborative planning across the full spectrum of the value chain. The report, from Gartner analysts Amber Salley, Tim Payne and Bart De Muynck, says today's firms face four key supply chain challenges. "Supply chain leaders are struggling to respond quickly to sudden changes in demand, so they must focus on tools that help them converge planning and execution activities," the analysts write. "Continuing pressure on supply chain organizations to cut costs and enable growth is creating the need to develop financially optimized demand and supply plans," they add.
"We are honored to be named one of Gartner's five Cool Supply Chain Vendors for 2015," said Jonathan Kall, Vecco's founder. "We believe the report confirms Vecco's worth to emerging firms that need the kind of capabilities previously only available to much larger companies, at a fraction of the price. This allows them to compete more aggressively and rapidly in the global marketplace," Kall said.
Vecco's patented, cloud-based Value Chain Resource & Response Planning (VCRPTM) solution helps both large and SMB firms improve supply and demand planning and accelerate their decision-execution capabilities. VCRP allows firms to manage highly-synchronized, multi-partner business networks solving multi-tier global supply and fulfillment challenges, helping to improve on-time performance, compress cash-cash cycles, reduce inventory levels and costs, improve agility, and manage supply chain event risk.
Vecco's solution comes preconfigured to support products and logistics for discrete, batch and process industry value chains. Products with traceability, quality and regulatory requirements, including those from the complex life science / healthcare and electronics industries, are fully supported.
VCRP is designed to provide end-to-end, multi-tier visibility, real-time planning, collaboration, analytics, and transaction execution all in one user-configurable SaaS platform. VCRP creates an overarching, collaborative business process Control Tower across the value chain partners' heterogeneous IT systems. VCRP is configured, not coded, and does not require changes to partners' existing systems of record. Additionally, VCRP has proven its ability to scale with customer implementations of thousands of users and hundreds of trading partners.
About Vecco International:
Vecco is a business and technology solutions company focused on helping corporations gain significant and sustainable competitive advantage. Our suite of collaboration, real-time planning and process execution solutions help companies gain control and orchestrate their global supply chains achieving new levels of business transformation. For more information, visit www.veccointl.com.
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