DENVER, Dec. 13, 2016 /PRNewswire/ -- Solvoyo, the innovative leader in supply chain planning technology and ENAVATE, a leading Microsoft Dynamics provider, today announced a partnership to bring an integrated end to end supply chain planning solution for wholesalers and distributors on the Microsoft Dynamics 365 and Microsoft Dynamics AX platforms. This joint effort will help bring an analytically powerful yet affordable best of breed business analytics and supply chain management capability to Microsoft Dynamics users worldwide.
Citing a recent study conducted by Solvoyo which concluded that US wholesalers and distributors carried an extra $88 billion in inventory in 2015 compared to 2010, said Nil Durak, Chief Operating Officer at Solvoyo, "I suspect a big part of the extra inventory that distributors are carrying today is because of the growing mis-match between the status-quo planning approach inside companies and the rapidly changing outside business environment. It is high time for wholesalers and distributors to seek the next generation in supply chain planning. Our partnership with ENAVATE excites us to bring it jointly to the market."
"It is exciting to welcome Solvoyo as a strategic partner," said Thomas Ajspur, Chief Executive Officer at ENAVATE, adding, "The partnership with Solvoyo is in direct alignment with ENAVATE's core focus within the distribution industry and positions ENAVATE to continue to bring value add solutions to customers by providing them with the most powerful and flexible supply chain optimization platform in the market today."
With the joint Solvoyo and ENAVATE offering, companies can now leverage their Microsoft Dynamics data to automatically build daily demand forecasts, set inventory targets, generate purchase orders, replenish warehouses and distribution centers, optimize inventory and transportation plans and run sales and operations planning. The enhanced supply chain decision making abilities and productivity gains will significantly improve the agility and business results of companies.
As part of the partnership, Solvoyo will develop enhancements in the user interface, dashboards and integration templates of its cloud based Solvoyo Elevation Platform (SEP) to address the unique supply chain challenges faced by wholesalers and distributors. ENAVATE in turn will integrate SEP as part of its best of breed solution for the Distribution and Wholesale industry.
Solvoyo is the next generation supply chain planning and optimization platform built for the digital revolution in the supply chain world. Solvoyo helps companies close the gap between planning and execution. Our all-in-one platform forecasts demand, optimizes inventory, plans production, replenishes networks, fulfills orders, and concurrently optimizes transportation plans. Solvoyo is currently the only planning platform that allows companies to plan their strategic, tactical and operational level supply chain actions in one tool. The scalability, analytical capabilities and quick implementation cycles of our true cloud based platform help our clients quickly achieve dramatic improvements in supply chain performance. We are headquartered in Boston, MA with our R&D center in Istanbul, Turkey. For more information, please visit www.solvoyo.com
ENAVATE, a 2016 Microsoft President's Club winner, provides business consulting and industry-focused enterprise software solutions based on the Microsoft Dynamics 365, AX and CRM platforms, with a full range of services including professional services, maintenance and support. Through ENAVATE's Global Services, the company also provides consulting and software development services to Microsoft Dynamics enterprise clients, ISVs and VARs worldwide.
+1 617 671 0590
+1 720 399 1657
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/solvoyo-and-enavate-partner-to-enhance-supply-chain-planning-for-wholesalers-and-distributors-300375845.html