Supply Chain Management Services
Web-Based System offers global supply chain service.
Press Release Summary:
Able to accommodate 8 languages and 170+ currencies, Arrow CARES v8 auto-replenishment system lets customers and their suppliers implement and effectively manage lean manufacturing procurement and inventory operations. It provides data security using HTTPS 128-bit encryption for management of multiple facilities and inventory locations. Users can fine-tune inventory replenishment decisions, and multiple reporting capabilities are provided.
Original Press Release:
Arrow Electronics Partners with One Network Enterprises for Global Supply Chain Service
ENGLEWOOD, Colo., Jan. 15 -- Arrow Global Components, a business unit of Arrow Electronics, Inc. (NYSE:ARW), today announced the worldwide release of Arrow CARES, an inventory, auto-replenishment system, developed in partnership with enterprise application and network provider One Network Enterprises. Arrow CARES now is a Web-based system that accommodates eight languages-English, Korean, Simplified Chinese, Traditional Chinese, French, German, Spanish, Italian-and more than 170 currencies.
"This updated version of Arrow CARES is a powerful, global tool that will provide tremendous value to our original equipment and contract manufacturing customers, and electronics components businesses in all regions," said Bob Martin, director, Supply Chain, Arrow Electronics.
Arrow CARES enables customers and their suppliers to implement and effectively manage lean manufacturing procurement and inventory operations without costly technology investments. Customers can get started using Arrow CARES immediately without software installation requirements or network compatibility issues. The latest version contains many new features, such as management of multiple facilities and inventory locations, the ability to fine-tune inventory replenishment decisions, and upgraded reporting capabilities.
"We are delighted to partner with One Network Enterprises to offer our customers a flexible, Web-based system that provides stringent data security using HTTPS 128-bit encryption with our customers' confidential information securely hosted by a third party," said Martin.
"CARES is an ideal combination of Arrow's unmatched commitment to customer success and One Network's powerful Multi-Enterprise Replenishment Network," said John Keenan, chief executive officer, One Network Enterprises. "Our advanced application functionality, delivered across a global network, represents the next-generation of systems and will enable Arrow's customers to both rapidly and easily manage critical replenishment processes." Now in its eighth version, Arrow CARES has been benefiting manufacturing customers for more than a decade. It helps them to decrease inventory and associated costs, reduce inventory shortages, and improve productivity and order management by replacing manual data entry with a more streamlined, automated ordering process. For more information about Arrow CARES, including details on additional features, please access http://arrownac.com/arrowcares.
About Arrow Global Components
Arrow Global Components, a business unit of Arrow Electronics, Inc., is a worldwide provider of products (including semiconductors, passives, electromechanical devices and connectors), services and supply chain solutions to original equipment manufacturers and contract manufacturers of electronic components. Headquartered in Englewood, Colo., Arrow Global Components serves customers and suppliers across North and South America, Europe, the Middle East, Africa and Asia Pacific in multiple markets, including communications, industrial, transportation, healthcare, consumer electronics and lighting.
About One Network Enterprises
One Network Enterprises is a technology innovator and pioneer of the Business Process Network market. The company delivers a network-centric, process-driven solution, including a powerful software architecture for managing multi-enterprise operation processes; robust replenishment, supply and service applications; and leading-edge mobile/RFID solutions. The solution is delivered via an on-demand network to over 1,400 customers and manages over $100 billion a year in annual trade. One Network is based in Dallas, Texas and has offices in the United States and Europe. For more information, please call +1 972-385-8630 or visit http://www.onenetwork.com/.
