Ecnet selected to redefine Mitsubishi Electric’s supply chain
To balance customers' demands with the need for profitable growth, many companies have moved aggressively to improve supply chain management. Their efforts reflect principles of supply chain management that can enhance revenue, cost control, and asset utilization as well as customer satisfaction. And the Internet has changed all of that because with it, the pace of business has accelerated tremendously.
Mitsubishi Electric Consumer Products (Thailand) Co. Ltd. (MCP) recently chose ECnet Limited, a global provider of e-supply chain management services for the high-tech manufacturing industry, to enable its supply chain management (SCM) processes.
As a worldwide manufacturer of air conditioners for Europe and Asia, MCP is part of the Mitsubishi group of companies. Its major businesses include chemicals, electric power and gas, electrical machinery, metal products and transport equipment.
"With increasing demands for a more collaborative supply chain and real-time communication among trading partners, … we selected ECnet as we felt that its e-SCM services were best able to help strengthen MCP's position … in the manufacture of air-conditioners by transforming our supply chain management processes," said Mr. Hiroyuki Umemura, Executive Vice President, Mitsubishi Electric Consumer Products (Thailand) Co. Ltd.
"We believe that ECnet will reduce MCP's operating cost by streamlining its business processes and providing greater visibility to its delivery forecast through accurate and up-to-date information," added Mr. Umemura.
ECnet will augment MCP's systems with e-procurement and inventory management services. The e-Supply Chain Management (e-SCM) that Ecnet provides has processes that include order management, inventory management, product management and feature an open exchange for direct materials used in high-tech manufacturing.
Benefits that supply chain partners are said to receive include reductions in inventory cost, increased visibility and control, increased resource utilization and revenues through faster time to market, enhance partner communication and improve manufacturing cycle times
About Ecnet
Ecnet is a global provider of e-supply chain management services for the high-tech manufacturing industry. Its flexible subscription-based service model minimizes investment costs in IT infrastructure software. ECnet provides e-supply chain management expertise, a recognised technology platform and a suite of services for manufacturers who want to rapidly integrate business processes and automate the exchange of information with multiple business partners.
Customers include Siemens AG, NatSteel Electronics, Taiwan Semiconductor Manufacturing Company (TSMC), National Semiconductor Corporation, Matsushita, Sharp Electronics Corporation, Toshiba and Seagate Technology, Inc.