Patni intros inventory, risk management soln

BANGALORE, INDIA:Patni Computer Systems Limited, a global IT and BPO services provider, today announced the launch of an Inventory Liability and Risk Management Dashboard in collaboration with SAP.

The solution, built on top of the SAP Supply Network Collaboration (SAP SNC) application and leveraging the SAP BusinessObjects Xcelsius Enterprise software, helps enterprises calculate in near real time the monetary value of the inventory which is at risk at any given point across the supply chain.

Holger Fritzinger, vice-president, Industry Business Unit High Tech, SAP Labs LLC said, “Built on top of SAP SNC and leveraging SAP BusinessObjects Xcelsius Enterprise, the solution addresses a key challenge faced by high tech OEMs in the current economic environment. By deploying this solution, high-tech OEMs will be able to exercise better visibility and control of their critical inventory and suppliers.”

Based on a model that utilizes key supply chain metrics like inventory exposure and inventory obsolescence, the solution allows multi-tier visibility into the inventory risk profile across the supply network, said a press release.

This allows for proactively minimizing financial risks and liabilities of original equipment manufacturers (OEMs) in the high-tech industry.

“Patni, in association with SAP, has launched this offering to help OEMs in the high-tech industry prevent margin erosion due to excess or obsolete inventory and also improve the overall cash flow across the supply chain network,” said Raghunath Mahalingam, senior vice-president, EAS and head, SAP Practice, at Patni.

He further added that in times of economic recession, as companies are fighting to stay afloat, this offering can provide as much as a 20 per cent reduction in inventory costs, along with a more agile and efficient supply chain for OEMs and their suppliers alike.