Partnership expands Arrow Electronics’ Supply Chain Service Offering
Dallas – January 17, 2012 – One Network Enterprises, the leading provider of community-based supply chain solutions in the cloud, today announced plans for a strategic alliance with Arrow Electronics, Inc., a global provider of products, services and solutions to industrial and commercial users of electronic components and enterprise computing solutions. This alliance will use the companies’ complementary strengths and expertise to provide manufacturing organizations with a comprehensive set of supply chain management tools and services to help improve services levels and lower costs.
One Network is uniquely positioned to help Arrow Electronics and its customers. In the high-tech manufacturing and electronic components distribution industry, supply chains are “communities” of trading partners that require alignment of demand and supply information in real time. Unlike traditional approaches, One Network was architected as multiparty, multi-echelon network solution that integrates with existing ERP systems to provide an integrated planning and execution solution across all tiers of the value chain. This includes the end customer through distribution channels, OEMs, contract manufacturers, EMS providers, and multiple tiers of component and raw material suppliers and their carriers. In the end, this “community” approach allows all participants in the value chain to lower costs while maintaining high service levels.
Arrow Electronics is a recognized leader in managing best-in-class, globally complex supply chains and logistics operations. Combining this expertise with Arrow Electronics’ comprehensive reverse logistics portfolio provides expansive services offerings. These services address common challenges faced by manufacturers in the high-tech industry across all stages of a product’s life. Customers typically benefit from improved efficiency, flexibility, scalability, and reliability while helping to reduce risk and total costs.
One Network has been successfully powering Arrow Electronics’ auto-replenishment service, Arrow CARES, since 2007. The system currently manages inventory replenishment for hundreds of OEMs, EMS providers and suppliers, making it one of the largest inbound high-tech networks in the world. “We are excited to take our longstanding relationship with Arrow Electronics to the next level”, said Greg Brady, founder and CEO, One Network Enterprises. “This alliance is the perfect union of the best-in-class supply chain management service provider with the best-in-class IT solutions provider, thus, providing Arrow’s customers with a full suite of tools and services to improve their supply chain operations.”
By partnering with One Network, Arrow Electronics can provide its customers with One Network’s broad set of supply chain technology solutions including Demand Planning and Management, Supply Planning & Collaboration, Sales and Operations Planning (S&OP), Transportation Management and Business Intelligence. “We have formed a strategic alliance with One Network because of its revolutionary technology and solutions that can be quickly deployed and help our customers reap the benefits of an integrated supply chain in a short period of time,” said Jim Rosenberg, vice president of strategic sales for Arrow Electronics. “By minimizing the time it takes to integrate a network of customers, carriers and suppliers, a company can increase its customer service levels (fill rates) while increasing revenues at lower costs.”
About One Network Enterprises
One Network is the world’s only multi-party, multi-echelon supply chain solution in the cloud. As the leading provider of demand driven supply chain technology solutions, One Network’s cloud-based platform enables customers to easily collaborate with all their value chain participants on a single network. With more than 10,000 companies connected, One Network’s community based supply chain solutions help customers increase profitability and efficiencies by optimizing their supply chain operations. One Network serves a variety of industries including high tech, retail, consumer products, public sector, automotive, energy, and logistics. Headquartered in Dallas, Texas, One Network also has offices in Europe and India. For more information, please visit www.onenetwork.com.
Contact: Sobia Ahmed