Atlas Copco companies Rock Drills and Secoroc have placed an order with the IT company Syncron and are investing in a global solution for Vendor Managed Inventories. More than 30 sales companies all over the world within Atlas Copco will become part of a joint system for automatic stock refill. This order is an example of how large global companies focus on improving customer service and reducing stock levels to improve growth and profitability.
The deal involves installation of Syncrons solution for Vendor Managed Inventory. In Atlas Copcos case this means that planning and replenishment of the sales companies stocks all over the world can be globally coordinated and optimized, resulting in both reduced stock levels and a higher service level.
With the solution from Syncron the flow of goods throughout the supply chain is managed based on end customers demand. Stock levels are optimised according to demand, and stocks are refilled automatically, says Hkan Amns, founder of Syncron. This gives global companies better control, reduced stock levels, shorter lead times and, most importantly, more satisfied customers.
The Atlas Copco deal is another validation of our innovative supply chain solutions, which make global companies more customer-oriented, more efficient and more flexible, so that they can adapt more quickly to changing market conditions, says Anders Grudn, CEO of Syncron.
Atlas Copco was already a customer to Syncron, using Syncron Solutions to support and automate its global order management process. This deal means that Atlas Copco is using new modules from Syncrons product portfolio.
Syncron was recently acquired by the Investor-owned software company Sync. The deal resulted in a strengthened product portfolio and better geographical coverage. The combined company now operates under the name Syncron.