Friday, December 15, 2006

Another great idea to steal

Information Week recently compiled a list of the top 20 IT business ideas (that you might want to steal.)

Inventory Master
E.&J. Gallo Winery developed a warehouse management & logistics system, giving managers inventory and supply chain visibility in distribution centers worldwide.

The system uses RFID with automated vehicles inside Gallo warehouses. That, with data integration among planning, sales, and delivery systems resulted in: 35% improvement in demand forecast accuracy, 98.5% inventory accuracy. The order-to-ship cycle is half what it was--and all while the winery's brand portfolio doubled.

This kind of integrated information sharing and forecast accuracy can be even more challenging when there are many systems and databases involved. Here's one manufacturer who had to track production on products that were being created in four worldwide plants...and had "made do" with an e-mailed Excel spreadsheet for a little too long.


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