-Market expansion accelerated by SaaS solution supporting standard SCM processes

Zionex, a company specializing in supply chain management solutions, led by CEO Yoo Dong-sik, is targeting markets in Korea, Japan, Taiwan, China, and other countries with its SaaS-based SCM solution “PlanNEL.”

Zionex explained, “Complex supply chain processes lower production efficiency and reduce overall profit for companies. As a result, most companies have adopted SCM solutions to manage supply chain processes, and many are now considering implementing cloud-supported SCM platforms to expand into global markets.”

Leveraging over 20 years of expertise with large corporations in SCM (Supply Chain Management), Zionex has developed PlanNEL, a state-of-the-art SCM solution integrating cloud and AI technology. With this foundation, they plan to actively expand market share in SCM among both large corporations and mid-sized enterprises domestically and internationally.

PlanNEL is a SaaS-based SCM solution designed to manage enterprise supply chains and inventory. It utilizes Zionex’s proprietary AI/ML algorithms and statistical methods to deliver precise demand forecasting. Centralized network management allows the supply planning cycle to be shortened by over 80%, and inventory depletion can be reduced by more than 30%. Additionally, PlanNEL enables clients to install modules with necessary functions for their business environments, allowing for easy future expansion, and enabling quick system setup with minimal initial costs.

In the past year, Zionex has successfully implemented its solution with various global companies, including domestic firms like Lock & Lock and EGNIS, as well as international corporations such as China’s MOHO, Japanese manufacturers SnowPeak and Majesty Golf, and the distribution company FITS Corporation, verifying the solution’s technological prowess and stability.

Since its founding in 2000, Zionex has developed and delivered all essential SCM modules in-house—demand analysis and forecasting, sales planning, supply planning, production planning, and inventory replenishment planning—supporting efficient supply chain management for large corporations worldwide. After establishing a Japanese branch in 2013, Zionex has expanded to Taiwan, the U.S., and other global markets to advance its global reach.

Yoo Dong-sik, CEO of Zionex, commented, “Geopolitical risks have heightened uncertainties in global sourcing and collaboration systems, increasing the importance of supply chain management and demand for proactive risk management through AI technology. We will actively support clients in solving complex supply chain issues to operate their businesses stably, leading the domestic and international SCM solution markets.”

Zionex plans to enhance its AI-powered automatic report features for user convenience and accelerate market expansion for its SaaS-based SCM solution domestically and internationally through continuous R&D investment and marketing efforts.

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Through this partnership, Broadway will provide implementation services in Taiwan, helping customers adopt and utilize DTM to accelerate digital transformation and advance toward smart manufacturing. DTM is designed to accelerate new product development, enhance cross-departmental collaboration, and ensure the success of product development projects.

Mr. Eric Kuo, General Manager of Broadway Taiwan, expressed excitement about the partnership, emphasizing the potential for the two companies to benefit Taiwanese enterprises through their collaboration. He highlighted that both companies share the same vision of promoting open systems like Open PLM and believe that their combined efforts will deliver significant value to Taiwan’s businesses.

Dr. Hunwook Lim of Zionex also praised Broadway’s expertise and local presence, making them an ideal partner for introducing DTM to the Taiwanese market. He looks forward to the success of this collaboration and sharing the benefits of DTM with more Taiwanese companies.

About Broadway:
Founded in 2005, Broadway’s Open PLM platform and industry solutions are widely applied in fields such as semiconductors, new energy, automotive parts, electronics, medical devices, food, and non-standard equipment. With eight service centers in major cities in China and Taiwan, Broadway is one of the fastest-growing PLM consulting companies.

About Zionex:
Zionex Taiwan Ltd. provides AI-driven supply chain planning and product lifecycle management solutions, helping businesses make data-driven decisions for better outcomes. Zionex’s solutions serve industries such as retail, manufacturing, and distribution, optimizing supply chain planning strategies, operations, and resources. For more information, visit Zionex.

For more information about Broadway, visit Broadway and Open PLM, or contact: service@broadway.com.tw.

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Introduction of Master Planning Feature

What is Master Planning?

Master Planning plays a pivotal role in the manufacturing and sales industry, focusing on developing sales strategies derived from demand forecasts. Once the company reaches a consensus on these strategies, they guide the procurement of materials and the setting of production levels. Master Planning is essential for ensuring timely product delivery in the necessary quantities, considering constraints such as material procurement time, production capacity, transportation, and costs. It includes forecasting up to a year in advance, considering key material procurement and production capacities to meet the sales budget. This process involves simulating demand requirements.

Reasons for Launching Master Planning

A unified plan that integrates views from management, finance, factories, and distribution is essential for forming future profit, equipment, personnel, and budget plans. Departments often operate independently, creating optimized plans that might not benefit the overall company. Recognizing the need for a unified medium- to long-term plan that encompasses the whole supply chain, PlanNEL introduced the Master Planning function to enable coordination across departments by considering the capacities of various factories and distribution centers.

Capabilities of PlanNEL’s Master Planning

The Master Planning function enhances PlanNEL’s capabilities beyond demand forecasting, sales, inventory, and replenishment planning. Incorporating specific data from factories such as equipment capacity, material constraints, and transportation capacity, Master Planning allows for the creation of detailed medium- to long-term supply and demand plans.

It enables the generation of multiple plans based on different scenarios, prioritizing factors like costs, delivery schedules, and customer preferences. The management dashboard facilitates plan comparison, helping identify supply chain bottlenecks, forecast supply and operation rates, and plan for personnel and equipment investments. PlanNEL aims to further improve supply chain management by linking these plans with the production planning systems of manufacturers through APIs.

Ideal Candidates for Master Planning

The Master Planning function is ideal for companies facing challenges in planning for personnel and equipment over medium- to long-term periods, those with multiple production facilities requiring a comprehensive view of operational rates and capacity, and businesses looking to compare and optimize plans based on different conditions.

Zionex is committed to continuously enhancing the “PlanNEL” SaaS SCM service by incorporating user feedback, supporting small to medium-sized businesses in achieving efficient supply chain management.

About the “PlanNEL” SaaS SCM Service

PlanNEL is a supply chain management service designed for the small to medium-sized manufacturing, wholesale, and distribution sectors. Utilizing software employed by over 300 global companies, it offers a full suite of features for demand planning, optimal inventory management, and order planning. The service allows for the phased introduction of each function, providing flexibility in implementation.

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Demand Planning Workbench User Interface

In the context of a manufacturer engaged in overseas sales and global expansion, individuals responsible for each country’s financial projections often manage sales and profit forecasts using disparate Excel files stored locally or within internal shared folders.

The repercussions of this decentralized approach include challenges such as the head office’s delayed access to monetary sales forecasts for each country, the inconvenience of converting diverse currencies to yen, and the inherent complexity of analyzing multiple Excel files managed independently by each country.

To address these challenges, PlanNEL empowers user companies by allowing them to seamlessly integrate their own exchange rate prediction data ** into the system. This newly released function centralizes sales and profit forecasts in multiple currencies on the cloud, providing a user-friendly platform for streamlined and real-time analysis.

** _{If users do not possess exchange rate prediction data, they also have the option to utilize data provided by various financial institutions.}

Exchange Rate Configuration User Interface

Enhanced Analysis Capabilities

Upon uploading exchange rate forecast data from the PlanNEL management screen, user companies can automatically calculate forecasted sales and profit amounts in multiple currencies. These values can be conveniently converted into yen***, allowing users to monitor and analyze them in real time on the cloud screen.

*** _{Converts to the currency set for each person’s account. The ability to specify the currency on the analysis report and use it for sales and profit forecasting will be supported in a future update.}

Advanced Reporting and User Permissions

In addition to the multi-currency analysis, PlanNEL introduces enhanced reporting capabilities. Users can narrow down analysis reports through various segments.

• Overall (no segments)
• By Country
• By Customer
• By Product Category
• By Product

Furthermore, user role permissions and viewing permissions for each person in charge can be set, providing a customizable and secure user experience.

Demand Plan vs. Actual Report

About SaaS-type SCM Service “PlanNEL”

PlanNEL is a supply chain management service developed for small and medium-sized manufacturing, wholesale, and distribution industries. It is based on supply chain software used by over 300 global companies. The service includes functions for demand planning, optimal inventory planning, and order planning, allowing for a staged introduction of each function. At Zionex, we are committed to continuously developing PlanNEL to address the evolving needs of user companies and support small and medium-sized enterprises in achieving efficient supply chain management.

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< Demand Forecasting UI >

Background for the Release of New Product Demand Forecasting Feature

Many manufacturing and sales companies not only focus on established products that bring stable revenue but also invest in developing and selling new products to generate additional sales. However, for new products with little or no sales history or a short track record, demand forecasting and ordering are often based on the experience and intuition of personnel. As a result, issues like excessive inventory or the risk of shortages due to inadequate forecasting are common challenges.

In response to this, PlanNEL has introduced a feature that allows users to create virtual sales history data for new products by weighting data from similar products with sales records. This data can then be used for demand forecasting.

< Assigning Weight Values to Multiple Similar Products Screen >

Capabilities of the New Product Demand Forecasting Feature

Users can apply weightings to data from similar products with sales records and create data for demand forecasting based on the weighted ratios. The resulting demand forecasts can be easily reviewed and modified within PlanNEL’s management interface. This facilitates the creation and management of demand forecasting data with a common understanding among internal teams during meetings like production and sales adjustment meetings.

The process for conducting demand forecasting for new products is as follows:

1. Select the new product for which you want to create a virtual sales history.
2. Choose the forecasting period.
3. Select one or more similar products with past sales records as reference data.
4. Choose the calculation method from “Sum (using the total sales of the selected similar products)” or “Average (using the average sales of the selected similar products).”
5. Enter weight values (percentages for the selected similar products) for weighting.
6. Conduct production and sales adjustment meetings or supply and demand adjustment meetings based on the created demand forecasting data to finalize the data.

Zionex is committed to advancing the development of the SaaS-based SCM service “PlanNEL” based on feedback from user companies, assisting small and medium-sized enterprises in achieving efficient supply chain management.

About the SaaS-based SCM Service “PlanNEL”

PlanNEL is a supply chain management service developed for medium-sized and small manufacturing, wholesale, and distribution businesses. It is based on supply chain software used by over 300 global companies and offers functions for demand planning, optimal inventory planning, and order planning, with the flexibility for gradual implementation of specific features.

The post The SaaS-based SCM service “PlanNEL” has released an AI support for forecasting demands for new products with no sales history appeared first on Zionex Inc..

Zionex launches Dynamic Task Manager, an advanced project management solution integrated with Aras Innovator®, streamlining design processes, and enhancing collaboration for successful project outcomes.

July 18, 2023 04:57 AM Eastern Daylight Time

PHOENIX–(BUSINESS WIRE)–Zionex, a leading provider of AI-powered supply chain planning (SCP) and product lifecycle management (PLM) solutions, is excited to unveil Dynamic Task Manager (DTM) in the US market. Seamlessly integrated with Aras Innovator®, DTM is an advanced project management solution that empowers organizations to streamline design and engineering processes, enhance collaboration, and ensure successful project outcomes for product development.

“Harnessing the power of DTM has transformed our project management capabilities”

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With its user-friendly interface, DTM transforms project management by enabling efficient task management, progress tracking, and timely delivery. It caters to the entire product development lifecycle, making it suitable for projects of all scales, from small-scale initiatives to large-scale product launches. DTM has achieved notable success in Japan, particularly in high-tech, automotive, aerospace, and heavy industries.

“We are delighted to introduce DTM to the North American market,” said Reiko Fujiwara, President of Zionex Japan. “Having significantly enhanced project management efficiency for many Japanese companies, we are confident it will deliver the same benefits to US corporations.”

Recognizing the value of DTM, John Sperling, Senior Vice President of Product Management at Aras, stated, “We have seen DTM gain in popularity with our subscriber base in Japan, and we felt it was time we made it available in North America to serve our customers who need to manage complex projects linked to the Aras Innovator digital thread.”

Kawasaki Heavy Industries, a pioneering industrial robotics company, has successfully implemented DTM, achieving significant milestones in project management. “Harnessing the power of DTM has transformed our project management capabilities,” said Yutaro Mishima, Senior Manager of the Strategy Division at Kawasaki Heavy Industries. “Real-time project information sharing, streamlined resource allocation, and enhanced collaboration have allowed us to meet project goals more efficiently.”

JAMCO Corporation, a leading aircraft interiors manufacturer, has also experienced success with DTM integrated with their man-hour management system. Hiroshi Sakurai, Deputy General Manager of the Technology & Innovation Control Department at JAMCO, praised DTM’s capabilities, stating, “The Gantt chart, daily man-hour management, and resource load graph functionality of DTM are highly effective.” Yusuke Nagahama, Chief of the Information System Department at JAMCO, echoed this sentiment, saying, “We are committed to improving the system’s usability and exploring opportunities to visualize the progress of each project team using graphs and other formats.”

DTM is now available in the US market since July 2023. To learn more about DTM, please visit https://zionex.com/dynamic-task-manager/.

About Aras

Aras provides the most powerful low-code platform with applications to design, build, and operate complex products. Its technology enables the rapid delivery of flexible, upgradeable solutions that build business resilience. Aras’ platform and product lifecycle management applications connect users in all disciplines and functions to critical product data and processes across the lifecycle and throughout the extended supply chain. Airbus, Audi, Denso, Honda, Kawasaki, Microsoft, Mitsubishi, and Nissan are using the platform to manage complex change and traceability. Visit www.aras.com to learn more and follow us on Twitter and LinkedIn.

About Zionex

Zionex is a leading provider of AI-powered supply chain planning solutions and product lifecycle management solutions that enable businesses to make data-driven decisions and achieve better outcomes. Serving clients across retail, manufacturing, and distribution industries, Zionex helps optimize supply chain strategies, operations, and resources. For more information, please visit www.zionex.com.

Contacts

Hun W. Lim
(973) 619-9252
hunwook_lim@zionex.com

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PHOENIX–(BUSINESS WIRE)–Zionex, a leading provider of advanced supply chain and integrated business planning platforms for retail, manufacturing, and distribution industries, has announced the beta release of PlanNEL, its innovative AI-powered demand forecasting and inventory optimization SaaS platform.

“PlanNEL is an intuitive and user-friendly platform that has the potential to revolutionize the way businesses approach demand forecasting and inventory management in fast-moving online marketplaces”Tweet this

PlanNEL Beta utilizes AI and machine learning technologies to accurately forecast demands based on various influencing factors and suggest optimal safety stocks to meet customer service levels and maximize profits. It is designed to help mid-sized enterprises make data-driven decisions for better outcomes while marketing and distributing their products.

PlanNEL consists of the following 4 modules:

1. AI-powered Baseline Forecasting (BF) module to improve demand forecasting accuracy;
2. Demand Planning (DP) module to manage consensus-based demand planning process;
3. Inventory Optimization (IO) module to recommend optimal inventory levels for a given product at different storage locations; and
4. Replenishment Planning (RP) module to provide optimal production and delivery schedules.

PlanNEL Beta is currently being tested by a number of retail companies in the US, Japan, and Korea. The platform is expected to attract interest from a wide range of professionals, including business managers, strategists, analysts, and planners. Early adopters can provide feedback and help shape the platform’s future development.

“PlanNEL is an intuitive and user-friendly platform that has the potential to revolutionize the way businesses approach demand forecasting and inventory management in fast-moving online marketplaces,” said Jacklyn Lim, CEO of Noelo Hills, who is participating in the beta program. “We are excited to see how Zionex will continue to develop the platform to meet the evolving needs of online retail businesses.”

Zionex is actively looking for new beta participants, particularly among online retailers interested in enhancing their demand forecasting precision and optimizing inventory management. To discover more about PlanNEL and how to join the beta program, visit https://zionex.com/plannel.

About Zionex, Inc.

Zionex is a leading provider of AI-powered business planning solutions that enable businesses to make data-driven decisions and achieve better outcomes. Zionex serves a wide range of clients in retail, manufacturing, and distribution industries, helping them optimize their supply chain strategies, operations, and resources. For more information, please visit www.zionex.com.

Click Here to Read Press Release @BusinessWire

https://finance.yahoo.com/news/zionex-launches-plannel-beta-revolutionary-054400784.html?.tsrc=fin-srch

The post [Press Release] Zionex Launches PlanNEL Beta, a Revolutionary AI-powered SaaS Platform for Demand Forecasting and Inventory Optimization appeared first on Zionex Inc..

■ Key Features of the Large-Scale Update:

• The BF (Demand Forecast) module now performs calculations using multiple algorithms in parallel for enhanced accuracy
• The DP (Sales Plan) module now includes a profit simulation function to optimize sales strategies
• The ISP (Inventory Strategy Planning) module introduces an alert screen to manage excess inventory and shortage risks
• The RP (Replenishment Plan) module includes a flexible simulation function to adapt to irregular situations

■ Introducing with a Bang:

To make this update accessible to a wider audience, we are launching a new introduction campaign with reduced initial and subscription costs. Please contact us for more information.
　

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Click here for the PlanNEL site >>

Click here for PlanNEL Japan site>>

Click here for campaign inquiries>>

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PlanNEL simulates the optimal plan with the latest AI and data science technology and shares it with all departments by simply inputting the actual data that the company has. SCM platform. In addition, if simulation results require corrections, we will provide an analysis report to support the corrections and support optimal planning. ..

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Click here for PlanNEL site >>

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Utilizing the AI engine of T³ Smart SCM (T-cube Smart SCM) designed for large enterprises, Zionex has converted the software into a SaaS version, applicable for medium sized companies. While simplified, this version contains the core supply chain planning functionality such as demand forecasting and inventory optimization planning.

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