Chase & Sons Gain an Asset

Chase & Sons Gain an Asset
A Supply Chain Connect Case Study
Copyright © 2007 Supply Chain Connect, LLC. All Rights Reserved.Company description General Cable adopted Supply Chain Chase & Sons has been delivering Connect's private supply hub solution because innovative engineered products and it uniquely enables them to target and achieve processes to the wire and cable industry impressive financial and operating goals. for over 50 years. They supply General These goals include the reduction in raw Cable with specialty tapes. material inventory by 50% over 3 years, the doubling of inventory turns, and the complete Consider this elimination of EDI costs with suppliers. In the past, Chase & Sons would allocate Additionally, Supply Chain Connect enables resources for 'emergency handling' of General Cable to reduce costs associated with orders which took time away from the manual processing of all traditional planning and other more strategic transaction documents associated with the functions. purchasing process. (Please read our separate case study General Cable Gets Connected for Solution further details). Supply Chain Connect designed, deployed and integrated a private supply General Cable's suppliers such as Chase also hub solution for General Cable using benefit substantially from the initiative by their hosted software. Chase & Sons was connecting to their private supply hub. Real-immediately connected to the Private time inventory and demand visibility allows Supply Hub, also allowing them to Chase & Sons to lower manufacturing and operate Supplier Managed Inventory transportation costs by alleviating unexpected (SMI) programs. last minute orders. The Supply Chain Connect technology also allows Chase to operate Benefits to Chase & Sons Supplier Managed Inventory (SMI) programs. Benefits for Chase & Sons include real- time inventory and demand visibility, In the past, Chase & Sons would allocate alleviating unexpected last minute orders resources for 'emergency handling' of orders and access to nformation on demand. which took time away from planning and other more strategic functions. By using the private Background supply hub with General Cable, Chase & Sons Chase & Sons manufactures specialty can now see real-time information relating to tapes and compounds for various inventory for over 650 items at 11 General segments of the wire and cable industry. Cable plants and can better allocate employee As a strategic and long-term supplier to resources. As Steve Navarette, Senior General Cable, the world's third Account Manager at Chase & Sons explains, largest cable manufacturer, Chase & "The most important thing is getting real-time Sons was encouraged by General Cable information on our customers' inventory. to become the first of their suppliers to be Visibility to the product reduces the number of adopted on Supply Chain Connect's emergency calls for stock outs and allows us private supply hub, a unique software to plan better. Now we see inventory starting to and managed service solution for supply decline and can plan better. We are not blind-chain management. sided with surprise orders. The reduction in phone calls and emergency orders was significant."

Copyright ? 2007 Supply Chain Connect, LLC. All Rights Reserved.
The on demand visibility that Chase now has into inventory and planning positions at the various General Cable facilities has enabled them to reduce stock-outs. Chase & Sons has also seen an increase in order fulfilment accuracy, as Navarette continues, "Improved information flow from the various plants helps reduce order entry errors. Chase deals with so many plants that there are lots of transactions and it became cumbersome. Before it was email, spreadsheets, phone, fax, etc. from all eleven plants. Now, with Supply Chain Connect, we see the same format for every order. We can monitor their inventory at our convenience. I can look at it even when I am on the road. Using Supply Chain Connect increases the efficiency and consistency of the information flow." From General Cable's point of view, they have seen improved on-time delivery rate and increased order fulfilment accuracy from having Chase & Sons join their private supply hub deployed by Supply Chain Connect. According to Mark Smith, VP Sourcing and Transportation for General Cable, "This initiative is a top priority for us. It is enabling us... [download for more]