Proprietary Service Helps Companies Compete Successfully, Reduce Working Capital Needs, and Free Up Cash Flow to Grow by:Ara Surenian
Cadent Resources, Inc., provider of inventory and capacity optimization solutions
, developed a software and service solution in 2008 that is used to maximize return on working capital by assuring the right amount of inventory and capacity are available at the right time. With manufacturing growth declining, finding your optimal inventory with DemandCaster is a simple, money-saving solution.
DemandCaster is designed to address your planning challenges in a cost effective and minimally intrusive manner. It is an assisted response management service that couples web based analytics with a repeatable process of expert analysis and collaboration to improve inventory turns and capacity utilization for better service and cash flow.
DemandCaster does not replace your current ERP engine. DemandCaster integrates with your existing ERP system and/or customer planning systems to analyze and forecast demand for the products that are sold to end users. It dynamically performs a 360 degree analysis of every SKU for the characteristics that drive inventory, the volatility of customer demand and reliability of inventory replenishment.
DemandCaster is available now at
http://www.cadentresources.com and is targeted at small to middle-market distribution and manufacturing firms that wish to optimize their inventory and capacity performance with the robust and actionable business intelligence of DemandCaster. DemandCaster helps you compete successfully by reducing your working capital needs and freeing up the cash flow to grow. Though no one can predict the future, with DemandCaster software and service from Cadent Resources, users are able to increase their chances in managing the unpredictability of our economic storm.
The 5 step DemandCaster process to generate cash and profit is easy to implement because it is software as a service and is managed by one of their Demand Management experts.
1. Data extraction files are securely prepared and uploaded from your operating system to DemandCaster.
2. An initial raw analysis is performed to establish replenishment settings and service levels.
3. Further iterations are performed and within the first few weeks of analysis, inventory reduction opportunities are identified and free cash flow commences.
4. A review frequency is established to continually improve the process to keep inventory objectives in line with changing conditions.
5. When applicable, additional improvement opportunities are identified across your supply chain for further savings.
Within 4 months, X-L Engineering Corp brought their number of stock outs and shortages down from 30-40% to just 3%. "Cadent Resources has done an excellent job! DemandCaster has worked exactly how it was said it would. Cadent Resources worked smoothly with our employees, and the visibility and ease of tracking jobs has been felt in all areas of the company. With DemandCaster we can monitor trends, declines, and spikes in demand and address production proactively allowing for higher levels of efficiency," said Paul L. Prikos, Vice President of X-L Engineering Corp.
Dean Snyder, Controller for American Metalcraft, Inc. said, "Cadent Resources has been the best investment AMC has made in the 3 years I have been here" after reducing their inventory by 11% in 2008 with the use of DemandCaster.
"You know, it is nice to hear that all your efforts make a difference. The greatest thing for me is that we pay for ourselves and in essence give them even more money in return. Good or bad, I do not like being in situations where we are unable to create value, and I will walk away if we are unable to make a measurable difference. That is ultimately what I want Cadent Resources, Inc. to be known for," said Ara Surenian, Founder and President of Cadent Resources, Inc.
About Cadent Resources, Inc.
Cadent Resources, Inc. implements solutions that integrate and optimize two complimentary components: demand and supply. By using an integrated approach of lean manufacturing, business intelligence, and collaboration processes, Cadent Resources rapidly drives profit and cash flow. This is done by helping manufacturing and distribution companies respond quickly and seamlessly to the ebb and flow of demand with the optimal inventory and capacity planning product and service of DemandCaster. For more information on Cadent Resources, Inc and DemandCaster, please visit
http://www.cadentresources.com.
About X-L Engineering Corp.
X-L Engineering Corp was originally incorporated in 1943 as a grinding services company. The company was purchased by the Prikos Family in 1973 and continues under their ownership today. The focus of the company is on supplying precision components requiring creative processing. The management team members have an average tenure of over 20 years. This experience and dedicated professionalism is evident in our responsive quoting through prototyping and production. For more information on X-L Engineering Corp., please visit
http://www.xleng.com.
About American Metalcraft, Inc.
American Metalcraft, Inc. specializes in fine dining, catering, buffet service & pizza supplies for restaurants, hotels, clubs & resorts. American Metalcraft was incorporated in 1947 by Archer Kahn. In 1961, Herbert Kahn succeeded his father as President, and in 1995 David Kahn and Susan Kahn Bank took over the business, marking the transition to a third generation of family leadership. In over 57 years of family ownership, the company has expanded from 6,000 square foot in Chicago to over 120,000 square foot in west suburban Melrose Park, Illinois, and from a handful of employees to almost 100. American Metalcraft began with a limited product line and a local customer base to a company with customers in all 50 states and over 75 countries around the world. The company has evolved from job shop to a company that manufactures over 2000 items in house for its own product line. For more information on American Metalcraft, Inc., please visit
http://www.amnow.com.
Written by Ara Surenian.
http://www.cadentresources.comFor more information, please send an email to:
ldewit@cadentresources.comTwitter with us:
http://twitter.com/demandcasterAbout the author
Ara Surenian, the founder and President of Cadent Resources Inc., has more than 20 years of experience in management, operations, and engineering. His specialty is designing and implementing business processes that blend lean manufacturing, supply chain management, and business intelligence to significantly improve a company's cash flow and profit.
http://www.cadentresources.comhttp://www.articlecity.com/articles/business_and_finance/article_10423.shtml
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Proprietary Service Helps Companies Compete Successfully, Reduce Working Capital Needs, and Free Up Cash Flow to Grow by:Ara Surenian