DALLAS, March 30, 2021 /PRNewswire/ -- One Network
Enterprises (ONE), a global provider of multi-party
business networks for autonomous supply chain management, today
announced that its customer Cummins Inc. (NYSE: CMI), a Fortune 500
corporation and a global power leader, has gone live on the
One Network Platform with attribute-based forecasting, multi-tier
inventory optimization and integrated inbound supply visibility.
Leveraging One Network's platform and industry-leading Supply Chain
Control Tower solution, Cummins is improving real-time visibility
across European Aftermarket operations, enabling the company to
quickly identify and optimally resolve potential issues before they
occur. The solution also enhances collaboration, visibility and
execution capabilities to better serve Cummins' customers and
business partners.
"We've put in place a unified platform that provides real-time
visibility across a highly complex landscape with dozens of
different business systems," said Alex
Ward, Executive Director, Supply Chain Strategy and
Transformation at Cummins. "As we roll out the control tower
visibility, planning and execution capabilities, we now have a
clearer path to digital transformation as we move more business
processes systematically onto ONE's real-time network layer over
time. We believe that our business opportunity is substantial."
One Network's multi-tier, multiparty digital platform helps
optimize and automate planning and execution across the entire
supply network and every trading partner. It's the industry's only
solution with a fully integrated data model from the consumer to
suppliers and all logistics partners, providing a network-wide,
real-time single version of the truth.
Cummins, which celebrated its 100-year anniversary in
2019, designs, manufactures, distributes, and services a broad
portfolio of power solutions. Products range from diesel and
natural gas engines to hybrid and electric platforms, as well as
related component technologies.
The company, like many organizations in the automotive industry,
is addressing a growing number of challenges, including rapidly
emerging new technologies; complex cost control through high and
low demand cycles; visibility across business units due to
acquisitions and historically siloed enterprise-centric ERP
systems; achieving greater forecast accuracy and aggregate demand
visibility; and the need to innovate rapidly and disrupt markets to
gain share and increase competitiveness.
The new network-based platform for planning and execution
helps to address these challenges and enables Cummins to gain:
- A real-time, consolidated view of aftermarket inventory for any
geography
- The capability to run one multi-tier planning engine across all
items to provide inventory and safety stock recommendations for the
aftermarket business
- Automated outlier detection and smoothing for demand planning,
including attribute-based forecasting
- A consolidated view of advance shipment notifications with
detailed list of contents and status
- Streamlined collaboration on purchase orders directly via the
network-based applications
- The ability to directly collaborate with suppliers for greater
efficiency and elimination of information time lags
"The auto and industrial power industry is a dynamic market
currently in a great state of flux with new technologies, new
global demand shifts and complex supply chains," said Greg Brady, Founder and CEO of One Network
Enterprises. "Cummins has activated a true digital network platform
that provides unprecedented visibility and control across
their massive automotive and industrial supply network. This
results in the ability to lower inventory, increase agility and
boost service levels to create an exceptional experience for
customers. With One Network, customers can quickly turn-on
additional network services as required, continuing to unlock
additional value over time."
About One Network Enterprises
One Network is the
leader in intelligent control towers for autonomous supply chain
management. From inbound supply to outbound order fulfillment and
logistics, this multi-tier, multiparty digital platform helps
optimize and automate planning and execution across the entire
supply network and every trading partner. Powered by NEO, One
Network's machine learning and intelligent agent technology, real
time predictive and prescriptive analytics enable industry-leading
performance for the highest services levels and product quality at
the lowest possible cost. It's the industry's only solution with a
fully integrated data model from the consumer to suppliers and all
logistics partners, providing a network-wide, real-time single
version of the truth. Leading global organizations have joined One
Network, transforming industries like Retail, Food Service,
Consumer Goods, Automotive, Healthcare, Public Sector, Telecom,
Defense, and Logistics. Headquartered in Dallas, One Network has offices across the
Americas, Europe, and APAC. For
more information, please visit www.onenetwork.com.
Media Contact: Nigel Duckworth,
nduckworth@onenetwork.com
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SOURCE One Network Enterprises