Papyrus Gains Visibility, Inventory Accuracy And Online Capabilities With RedPrairie
RedPrairie Corporation, a leading consumer driven optimization company, announced recently that Papyrus, a leading social expression company, has gained inventory accuracy, visibility into stock and Internet retail capabilities with the help of RedPrairie's Warehouse Management Solution.
Headquartered in California, Papyrus has over 170 stores across the US and distributes products to more than 6,000 specialty retailers. The main distribution center is located in Nashville. Since implementing RedPrairie's Warehouse Management Solution (WMS), Papyrus's inventory accuracy has gone from 85% to 99.5%. Better visibility into inventory has given them the ability to better manage warehouse space, pay closer attention to seasonal trends and reduce overall inventory.
"In the past, our retail stores have had to rent outside storage space to ensure they had product on hand for holidays and special occasions. RedPrairie has given us better visibility into buying trends and our inventory, and we've become much better at shipping product Just-in-Time to the stores. So instead of receiving Christmas stock two months before they need it and paying to store the goods, the product arrives at the stores right when it needs to go on the shelves," said Del Duquette, WMS Manager for Papyrus.
In October, 2006, Papyrus began a website for shipping direct to consumers, Papyrusonline.com. "We could not have done the ecommerce business without RedPrairie's WMS. We ship out a unit of twelve cards to stores, but ecommerce buyers only want one. Our space utilization in the warehouse was not efficient. We'd have to move pick locations, and move vast amounts of product out. Usually Christmas stock would have to be moved out of the warehouse around November to make room for Valentine's goods. That would be a big problem for dealing with consumer orders. But with the insight we've gained into our inventory from RedPrairie, we keep that product around longer, we know what's selling, and we leave a lot of product in our forward picks. The visibility is there," continued Duquette.
About RedPrairie Corporation
RedPrairie is a world leading consumer driven optimization company. Built on an advanced Service Oriented Architecture (SOA) developed over the past 15 years, the RedPrairie integrated suite of solutions offers on-demand capabilities to over 25,000 sites worldwide for many of the world's largest companies.
RedPrairie's E2e solutions synchronize people and products throughout the customer buying cycle to ensure goods reach the right place at the right time. At the point of sale, this means consumers have access to desired products and that the store is staffed with the right people to help them make their purchases. In the production cycle, it means suppliers and manufacturers time and synchronize shipments and production based on demand signals from the retailer. And in the back room of the store, it means having the least amount of inventory, solving the "last yard" problem of the retail supply chain.
With 20 global service sites and standard service methods that have been validated over the last 30 years, RedPrairie provides unparalleled service and support. For additional information, call 1.877.733.7724, or access www.RedPrairie.com.
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