Reliable Excess and Obsolete usage numbers and shortened period end close time with Jade Global Inventory Management Solution

Our client engages in the designing, developing, and marketing of high performance analog and mixed-signal integrated circuits (ICs) and sub-system solutions for data & telecommunications, networking and storage, industrial control, and consumer applications. The company wanted to upgrade from spreadsheets to systemic solution, to improve the reliability of E&O numbers and implement business rules for auto exceptions. They needed audit history tracing and tracking across periods and user interface for reviewing and manual overriding; and closing period-end in time.

The challenges

  • No off the shelf tools were available
  • Solution had to be SOx compliance
  • Lack of IT resources with E&O process knowledge
  • Integrating with other systems and partners in the supply chain
  • Finding a solution that uses EBS data but is nonintrusive

The Solution

  • A systemic solution to determine E&O numbers and usage for prior reserves
  • Configurable business rules for auto exceptions
  • State-of-the-art user interface
  • Configurable architecture - integrates with ERP, PLM, planning systems; integrates with CMs and distributors
  • Analytical reporting for trend analysis, root cause analysis and proactive resolutions

The benefits

  • Shortened period-end close time
  • Reduced audit time and costs
  • Collaborative platform for reviews and approvals
  • Reliable E&O and usage numbers
  • Ability to perform simulations and comparisons for different scenarios