Tompkins Associates and Oco Combine World-Class Supply Chain Benchmarks and Analytics
SaaS BI Solution Delivers Strategic Insights from Vertical-Market Metrics
WALTHAM, Mass., and RALEIGH, NC, February 25, 2011 - Oco, Inc., the leading innovator of Software-as-a-Service business intelligence (SaaS BI) solutions, and Tompkins Associates, the leading global supply chain services and best practices consulting firm, today announced a strategic partnership that includes the integration of Tompkins Associates' vertical-market benchmark metrics with Oco's supply-chain analytics.
Users of the Oco supply-chain analytics solutions, which include inventory, transportation, supplier performance, distribution, cost-to-serve, profitability analysis and manufacturing operations functions, will have access to benchmark data from the 500+ member companies of the Tompkins Associates' Supply Chain Consortium. Users will benefit from metrics from specific segments within the consumer packaged goods (CPG), industrial, hi-tech, retail, pharmaceutical, and logistics service provider vertical markets. AMR Research recently identified Tompkins Associates' Supply Chain Consortium as one of the pre-eminent and most diverse sources for supply chain benchmarking in North America. Through the Tompkins-Oco partnership, customers will gain comprehensive insights into their global operations, benchmark their supply chains and improve both their top and bottom lines.
"Incorporating Tompkins Associates benchmark data with Oco's best-in-class supply-chain analytics leverages the SaaS model to provide customers with a rapidly deployed, rich set of analytics," said Jim Tompkins, President and CEO, Tompkins Associates. "This integration will allow customers to quickly compare their aggregated company performance to a relevant peer set and to easily identify their lagging and best performing products, regions, customers, distribution centers, plants, carriers and suppliers. Our joint users will benefit from a richer, data-driven methodology that delivers improved root cause analysis, best practice leverage and strategic resource prioritization."
"Partnering with Tompkins Associates extends Oco's supply chain analytics with a unique and compelling vertical-market focus," said William Copacino, president and CEO, Oco, Inc. "After adding Tompkins' benchmark metrics to Oco's on-demand BI Applications, our customers will gain a valuable, new level of insight into business performance and receive rapid payback on their Oco investment, typically within 90 days."
"Welch's is looking forward to the inclusion of the Tompkins Associates' benchmark metrics in our existing Oco analytics applications and comparing our key transportation operations performance metrics to our peers," said Bill Coyne, Director of Strategic Sourcing, Welch Foods. Welch's was named the Supply Chain Performance Leader by Ventana Research in 2009, in recognition of its use of Oco's business intelligence BI solutions to achieve greater supply chain performance.
About Tompkins Associates
Tompkins Associates transforms supply chains for profitable growth. For more than 35 years, Tompkins has evolved with the marketplace to become the leading provider of growth and business strategy, global supply chain services, distribution operations consulting, information technology implementation, material handling integration, and benchmarking and best practices. The company is known for innovative, practical solutions that improve supply chain performance and produce value-based results. Headquartered in Raleigh, NC, Tompkins has offices throughout North America and in Europe and Asia. For more information, visit www.tompkinsinc.com.
About Oco, Inc.
Oco is the leading innovator of enterprise-class Software-as-a-Service business intelligence (SaaS BI) solutions. The company provides complete BI solutions to customers such as Dunkin' Brands, Fidelity Investments, Office Depot, Thermo Fisher Scientific and Welch's. Oco's unique business-centric approach to BI helps companies solve targeted business issues, achieve payback within 90 days and triple their return on investment. Leveraging a library of best-practice analytics, pre-built data models, and patented technology, Oco's SaaS-based solutions are delivered in a fraction of the time, at a fraction of the cost of traditional solutions, with fewer IT resource requirements than traditional approaches. In addition to its own product portfolio, Oco also offers an on-demand BI solution through its partnership with SAP BusinessObjects. Oco was founded in 1999 and its headquarters are in Waltham, Mass. More information about Oco can be found at www.oco-inc.com. Users can test-drive Oco SaaS BI applications at www.oco-inc.com/resource-center-test-drive.htm.
Marketing Communications Director