CINCINNATI, OH--(Marketwired - Aug 13, 2013) - Datalliance today announced that Schaeffler Group North America, a leading global manufacturer of rolling bearings and linear products as well as high-precision components and systems for the automotive industry, has selected Datalliance VMI as the platform for the launch of the company's Vendor Managed Inventory (VMI) program for the industrial aftermarket.
"We see VMI as an important and growing business practice in the industrial aftermarket," said David Zoesch, Schaeffler Group North America Director of National Accounts. "In addition to helping improve availability and reduce inventory management costs for our distributor partners, the VMI process provides demand visibility that will enable us to streamline our supply chain and work more closely with those partners to build mutual sales. We selected Datalliance VMI as the platform for our program because they have extensive experience in our industry. Since a number of other suppliers in our market use Datalliance VMI, many of our customers are already familiar with the platform."
Tom Hoar, Director of Sales at Datalliance, said: "We are very excited to have Schaeffler Group as part of our expanding industrial aftermarket VMI community. Schaeffler Group is very committed to the VMI process and we look forward to supporting them on this important initiative. The growth of VMI in the industrial aftermarket is based on the mutual sales increases and reduced costs both distributors and manufacturers are achieving. Leveraging our industry experience and existing distributor systems connections, we anticipate helping Schaeffler get their VMI program up and running quickly."
About Schaeffler Group
With its INA and FAG brands, the Schaeffler Group is a leading global manufacturer of rolling bearings and linear products as well as a renowned supplier of high-precision components and systems for engines, transmissions and chassis applications to the automotive industry. Schaeffler is guided by a global focus on the needs of the customer, exceptional innovative ability and highest-possible quality. With sales of EUR 11.1 billion in 2012 and approximately 76,000 employees operating from 180 locations in over 50 countries, the Schaeffler Group is one of the largest family-owned industrial companies in Germany and Europe.
About Datalliance
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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