CINCINNATI, OH -- (Marketwired) -- 09/30/13 -- Datalliance presented "Vendor Managed Inventory in the Power Transmission Industry" at the EPTDA (European Power Transmission Distributors Association) Convention September 18-20, in Venice, Italy. Datalliance executives Bob Jennings, Vice President- Sales & Marketing, and Sam Temara, Director of Sales - Europe, addressed the business challenges and VMI benefits for both manufacturers and distributors in the PT industry, and then quantified the actual results for 7 supplier and 11 distributor relationships using VMI. In a year-over-year (June - August, 2012 vs. 2013) comparison, the supplier-distributor relationships using VMI realized a 13.3% overall increase in product demand, with 70% of the individual locations realizing increased demand. The industry average for this same period was a slight decrease (-.2%) or essentially flat product demand.
Bob Jennings, Vice President - Sales & Marketing at Datalliance, said: "We were very excited to present these impressive VMI business results at the European PTDA Convention and look forward to presenting these same results at the PTDA conference in the United States in the first week of October. The Power Transmission industry has embraced the VMI concept and the business results speak for themselves."
Datalliance has been steadily growing the company's capabilities and customer base in Europe and is already being used by manufacturers to provide VMI services for both industrial and consumer products in 49 locations and 15 countries within Europe. Globally, Datalliance has experienced a 26% growth rate per year over the past seven years and today supports over 16,000 customer sites, 19 million SKUs, and $21 billion in VMI transactions.
The European Power Transmission Distributors Association (EPTDA) is a trade organization serving the mechanical power transmission/motion control (PT/MC) industry in Europe, the Middle-Ease and Africa. EPTDA currently has a membership of over 220 leading companies across 30 countries worldwide, representing over 25 billion euros annual sales volume and 250,000 employees. The association's mission is to strengthen its members in the industrial distribution channel to be successful, profitable and competitive in serving customers according to the highest standards.
Datalliance is the world's largest independent Vendor Managed Inventory (VMI) service provider. Delivered as a cloud-based platform backed by extensive customer service, Datalliance VMI makes it easy for suppliers and their customers to establish sales and inventory management relationships that fully align business objectives, improve collaboration, and streamline supply chain operations. Datalliance manages billions of dollars in orders, millions of SKUs, and thousands of locations worldwide for leading companies in consumer, industrial and healthcare markets. For more information about Datalliance, visit www.datalliance.com.
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