NML Online is being fashioned in response to feedback from hands-on industry management professionals for specific analytics that provide close to real-time reporting and results. Many of the existing systems that we see in our work with clients are very robust with respect to financial functionality and reporting but often lack depth when it comes to evaluating and acting on supply chain decisions. These types of capabilities usually involve system enhancements or modifications, along with major implementation costs and risks.
Cloud Computing at Its Best
NML Online aims to fill that gap with options. As an application service provider (ASP) our platform will be subscription based and can be purchased with a credit card or P Card. There is no software to evaluate, load or support. All applications and data are supported and confidentially secured by NML. Clients may choose from three levels of service:
- Ala Carte
- Preferred
- Partner
As the name implies, clients selecting the Ala Carte product will have access to our complete suite of offerings, but pricing will be based on a per occurrence approach.
The Preferred level will offer bundled pricing for unlimited access for up to 4 of the tools.
The Partner level will be our most comprehensive method for accessing NML Online and will provide clients with unlimited access to the full compliment of product offerings.
Our first bundle is called Slot & Store. This suite of products is driven by item master and order history files. Three products are included:
|
Slot & Store
Suite | Description | Recommended Frequency |
| MedSlot | Inventory slotting analysis | Quarterly |
| SKUstore | Storage type and quantity analysis | Quarterly |
| Velcode |
Warehouse & Storeroom ABC
management | Monthly |
On the Horizon
Nine additional products are presently in development and slated for release over the course of the next year. Release of the next bundle, Stock & Replenish, is targeted for 4th quarter 2011 and will add 4 more modules to our toolkit.
|
Stock &
Replenish Suite | Description |
Recommended
Frequency |
| 4DPlan | Inventory level management |
Monthly |
| Nstock | Non-stock to stock analysis | Quarterly |
| Replen | Managed replenishment | Daily/Monthly/Quarterly |
| VendOp | Vendor purchasing efficiencies | Quarterly |
Look for additional information about this and other offerings as they become available.
Another benefit that NML Online users should expect over time is access to industry benchmarking. With confidentiality as the cornerstone of service, NML plans to aggregate the generic data of users to provide reporting trends, which is often critical for industry metrics. Again, look for updates on our progress in this area in the coming months.
