Screwfix nails its order management process
Wednesday, December 3, 2008
LONDON 3rd December 2008 - Screwfix, the UK’s leading multi-channel supplier of tools, accessories and hardware products to the trade has selected Wesupply to deliver a fully-managed electronic trading service for its purchase order management process in order to improve supplier collaboration and supply chain visibility.
“The Wesupply solution will enable Screwfix and its suppliers to have a common view of the full purchase order to invoice cycle. In addition to enabling the real-time exchange of critical business documents, visibility across multiple suppliers will help Screwfix to improve product availability, reduce excess inventory and improve invoice-matching rates, thus increasing overall supply chain performance and flexibility” said Scott Parsons, Head of Supply Chain at Screwfix.
“Screwfix has a clear understanding of its B2B vision and we are delighted to be working with them to support this” said Jerry Quinn, Sales Director, Wesupply. “There is a growing recognition in the industry of the value to be realised through the implementation of collaborative, network-based solutions. Screwfix will use our managed service to collaborate with its supply chain partners.”
Screwfix will be using the Wesupply Business Process Platform to automate the exchange of orders, invoices and advance shipment notices with its suppliers and will be taking advantage of Wesupply’s powerful business activity monitoring technology to capture errors, generate alerts and report on key performance indicators based on their own specific business rules.
Wesupply is for companies who are looking to improve their profitability by challenging the cost, complexity and limitations of trading with customers and suppliers using traditional methods.
Wesupply provides a managed service that connects companies to their business partners across an intelligent B2B Network, regardless of electronic standards and protocols. By subscribing to the service, companies receive a single, unbiased view of their extended supply chain network and the electronic messages exchanged. The solution enables collaborative control of their supply chain and allows rapid adoption of new multi-enterprise processes that deliver visibility and confidence internally and with their business partners.
Unlike on-premise solutions, Wesupply is a flexible, low risk, rapidly deployable service to enable B2B supply chain innovation, and is used by leading companies such as Alstom Transport, Amcor PET Packaging, Aqualisa, Bristan, Calor Gas, Cummins Generator Technologies, Cummins Turbo Technologies, Diageo, Graham, Jewson, Lear Corporation, Lafarge Roofing, Vaillant.
For additional information please contact: Claire Taylor - Marketing Communications Manager at Wesupply.
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