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OpsVeda leverages the power of SAP HANA to analyze large amount of transactional data to predict and correct impending supply chain exceptions.
Sunnyvale, CA (PRWEB) February 20, 2014
VSSOD Corporation, an emerging provider of supply chain visibility and big data analytics software, today announced that version 2.6 of its product OpsVeda has been certified by the SAP® Integration and Certification Center (SAP ICC) to run on the SAP HANA® platform.
OpsVeda enables operations personnel in core business areas such as order fulfillment, supply management, shipment logistics and channel operations to foresee disruptions to their day-to-day processes and to proactively execute preventive or remedial actions. The solution leverages SAP HANA to stream internal and external transactional data in real-time, analyze the current data in light of past trends, and highlight cases of impending disruptions in the value chain.
Intense competition and consumer expectations have forced many organizations to innovate faster than they have ever done in their history. This has resulted in significantly shorter windows available to take the product from concept to store shelf. Further, many organizations are adopting a practice of launching the product and quickly adjusting the backend production and distribution volumes in-line with the demand they are sensing from the market. This means that teams running operations have to deal with unprecedented order volumes. As a result, the manual and semi-automated practices of the past do not work any longer.
"With OpsVeda, VSSOD is pioneering an Exceptions First approach," said Sanjiv Gupta, President and CEO of VSSOD Corporation. OpsVeda enables continuous visibility into real-time business activity data spanning systems and partners, and this feeds into a rules based prioritization of what needs to be addressed first, providing real time decision support to users and managers in sales, logistics, and supply operations. The ability for SAP HANA to acquire and analyze large volumes of data in real-time has been a critical enabler for OpsVeda, he added.
About VSSOD Corporation
VSSOD is a software company, focused on providing operational intelligence and predictive analytics for enterprises in apparel and footwear, retail, life sciences, consumer goods and high tech industries. We enable real time visibility into exceptions across execution processes spanning order fulfillment, supply management, shipment logistics and channel operations. VSSODs OpsVeda solutions bring big data predictive analytics and deep business process expertise together to deliver out of the box outcomes for customers.
See http://www.vssod.com for more information.
VSSOD, VSS On Demand, VSSOD Business Agility Suite, Agile SalesOps, and OpsVeda are trademarks or servicemarks of VSSOD Corporation.
SAP, SAP HANA and all SAP logos are trademarks or registered trademarks of SAP AG in Germany and in several other countries. All other product and service names mentioned are the trademarks of their respective companies.
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