Published January 24, 2019
We are excited to announce that MonarchFx, a business unit of Tompkins International, has partnered with Vanguard Software. Vanguard Software is an internationally recognized leader of supply chain planning software solutions.
Together, MonarchFx and Vanguard Software have configured the Distributed Inventory Flow Forecasting (DIFF) model for eCommerce. DIFF is a unique value added technology available to interested MonarchFx sellers. DIFF is customized for individual sellers. Some features include an initial allocation of inventories (at SKU levels), ongoing demand forecasting models that are based on state-of-the-art algorithms with user inputs on promos, flash sales, new products, sales lifts, and more, and replenishment advisory schedules for sellers when SKUs reach thresholds and need to be replenished. DIFF optimizes sellers’ inventories based on flow, not traditional inventory storage practices. It also uses artificial intelligence for continuous improvement.
MonarchFx was created to give brands and retailers a highly credible fulfillment solution, superior to other alternatives. MonarchFx provides quality services at reasonable prices, requiring low capital investment. Vanguard Software manufactures market leading supply chain planning software. This partnership enables MonarchFx to provide DIFF, a new state of the art supply chain planning model, for our clients.
More Resources
- Blog: Assisting Sellers with Inventory Management
- Blog: MonarchFx’s Information Technology Suite
- Press: MonarchFx A Business Unit Of Tompkins International Partners With Vanguard Software
