2006 Press Releases
Glovia in the news
Glovia Enhances Manufacturers' Enterprise-wide Visibility with Additional Inventory Planning and Control Capabilities
New Functionality Improves Consigned Inventory Management and Further Automates Inventory Replenishment
El Segundo, Calif., March 2, 2006 - Glovia International, a subsidiary of Fujitsu and a leading provider of extended ERP solutions for engineer-to-order and high volume manufacturers, announced today additional inventory fulfillment and management functionalities providing manufacturers with greater control and visibility of their operations.
As sales, purchasing, production, transfers and adjustments all effect inventory it is paramount manufacturers effectively manage these operations so the right item gets to the right place at the right time. Glovia's extended ERP solution, glovia.com, provides integrated, interactive inventory management with visibility of all inventory whether it be in any controlled store location, in-transit or if it is owned or consigned inventories.
Consigned Inventory In
This functionality allows for the complete management of supplier owned inventory designated for a manufacturing location. Any location controlled by a Master Location can be defined as a consigned inventory location.
Consigned material from the supplier is received into the defined location and is therefore available for all aspects of the material planning process as available inventory. As a consigned item is consumed, replenishment can be automatically transferred from consigned to "on-stock" and an automatic liability created.
Consigned Inventory Out
Consigned Inventory Out enables management of consigned goods at the customer location. As the customer has not yet accepted ownership of the specified quantity, shipping confirmation functionality moves consigned goods to a consigned inventory location.
Customers can then report on inventory receipt and inventory consumption using glovia.com's Customer Portal, a web based application, or XML collaboration. Inventory consumption can also be reported using ownership transfer functionality in a sales order.
To facilitate a smoother and more effective billing process a periodic billing schedule can be defined instead of immediately billing the customer for each quantity reported consumed.
Consumed confined customer inventory can also be automatically replenished.
Auto Supply Order
Auto Supply enables the automatic linking of a material transfer order to a sales order deliver line as the sales order delivery line is created.
Receipt against the transfer order can then complete the sales order delivery processing using various supported shipping methods.
The transfer order can optionally drop ship inventory to the ship-to location as defined by the sales order line. In this case if XML collaboration is implemented, shipment of the transfer order can trigger the sending of an XML message to the processing location. Receipt of the drop shipment is automatically processed and the sales order delivery line is forwarded to billing.
"Inventory management is one of the critical areas to our customers. The recent enhancements provide greater visibility and control of inventory to improve enterprise-wide movement of inventory," states Randy Ehler, Executive Vice President, Research & Development and Products for Glovia International. "We listen to what functionality our customers need from their solution and strive to provide it so they can successfully run their businesses."
# # #
About Glovia International
Glovia International, Inc., a subsidiary of Fujitsu (Tokyo Stock Exchange: 6702), is one of the world's most experienced and solidly backed providers of extended ERP solutions for businesses of any size - from small and mid-sized companies to global enterprises. The powerful and flexible Glovia ERP suite, glovia.com, provides for the unique needs of engineer-to-order, make-to-order, high volume and mixed-mode manufacturing environments through comprehensive, end-to-end functionality for the entire product lifecycle. Headquartered in El Segundo, Calif., Glovia has helped manufacturers to cut costs, improve productivity, and meet customer demands for over 30 years. For more information, please visit www.glovia.com or call (800) 223-3799.
About Fujitsu
Fujitsu is a leading provider of customer-focused IT and communications solutions for the global marketplace. Pace-setting device technologies, highly reliable computing and communications platforms, and a worldwide corps of systems and services experts uniquely position Fujitsu to deliver comprehensive solutions that open up infinite possibilities for its customers' success. Headquartered in Tokyo, Fujitsu Limited (TSE:6702) reported consolidated revenues of 4.7 trillion yen (US$44.5 billion) for the fiscal year ended March 31, 2005. For more information, please see: http://www.fujitsu.com
