What are the benefits of using tmEvent?
In a study conducted by Automotive Industry Action Group (AIAG) for the implementation of tmEventin the Material Off-Shore Sourcing (MOSS) project concluded the following benefits; Direct benefits include: • A reduction in transit inventory. • A reduction in buffer (safety) stock inventory (and associated floor space and labor), • A reduction in the use of premium freight, • Improved visibility, • A reduction of variation in delivery times, • Improved compliance with C-TPAT and WCO standards for secure trade, • Improved stability and predictability of process execution, • Greater ability for real-time intervention into disruptions. Indirect benefits include: • Optimized purchasing patterns • Strengthened supply chain partnerships • Proactive interventions • Freed capital to redeploy to new opportunities • Opportunities for continuous improvement With tmEvent, you get the tools you need to manage events so they don’t cause problems. It’s a real-time, proactive exception management tool
