Anvyl - Best Supply Chain Management Solution
Company: Anvyl, New York, NY
Company Description: Anvyl’s Supply Chain Production Management Platform streamlines supply chain operations, automates workflows, and delivers real-time production analytics from order to delivery. Anvyl’s solution allows companies to increase operational efficiency, lower costs, automate processes, and facilitate collaboration — all to minimize disruptions in your supply chain.
Nomination Category: New Product & Service Categories - Business Technology
Nomination Sub Category: Supply Chain Management Solution
Nomination Title: Anvyl’s Production Management Platform
Anvyl’s Production Management Platform was originally introduced in the fall of 2019.In addition to the many enhancements during the past year and a half, the company has developed technology to embed intelligence into the system. Anvyl IQ, which will be formally released this month, enables customers to leverage Machine Learning, Artificial Intelligence, and automation to predict what is likely to occur with orders in production. This is just the beginning of new capabilities to allow supply chain professionals to take control over the production process and make the right decisions to ensure they can make goods on time, on cost, and on spec a reality.
Anvyl streamlines supply chain communications, automates workflows, and provides real-time production analytics from order to delivery. Anvyl’s digital platform delivers transparency across the production process, surfaces key historical trends and insights, and provides predictive analytics to improve on-time delivery.
The enhanced product, which includes Anvyl IQ, has the following benefits:
Access details and status of orders with the click of a button. This includes automated milestone tracking, customized tasks, a complete audit trail of your PO, and visibility into the location of your goods during transport.
Gain valuable insights to know whether your goods will ship on time.
Understand what discrepancies exist between orders with three-way matching
Provide visibility and consistency across order milestones based on the content of communications (NLP)
The benefits of the new capabilities are manifold:
Now you have a higher probability of meeting production deadlines and budget targets
PO automation matching and management minimizes order discrepancies across the process so there are no surprises
The increase in automation, visibility, and collaboration across the production process allows users to easily adapt to changes in the market or production
Analyzing historical trends helps you pinpoint causes for delays and optimize against them
The solution continues to enable small companies to scale faster and without adding lots of resources resulting in lower costs of managing your supply chain
Always know the status of orders vs manually having to find orders and check them individually which wastes time and resources
Maximize supplier relationships to ensure suppliers are hitting their deliverables and they deliver to requirements
Centralized supply chain data so you can access all supplier, part, and order data in one place
Logistics visibility so you can see where your goods are at all times
Today there are thousands of brands and suppliers utilizing the platform to manage their production process which is the foundation of the supply chain. Our technology provides first of its kind data tools, visibility, intelligence, and global collaboration to make sure products are on-time, on-cost, and on-quality.
Thousands of brands and suppliers have implemented Anvyl to manage their production process. Anvyl has provided a solution to help young companies set up the right infrastructure to scale their business. The benefits of using Anvyl are significant. Anvyl’s customers have reduced total shipping costs up to 50%, reduced out-of-stock and overstocks by 30% on average, and empowered workers to be three times more productive. Other reasons why customers love Anvyl include:
30% reduction in shipment and material costs
Time to value in under 48 hours
Global collaboration and automation across the supply chain.
Reduce average lead time by 15%
Sales of Anvyl have consistently increased quarter over quarter and we now have over 80 customers and thousands of suppliers. The software is less than 2 years old and we are one of only a few companies that have successfully incorporated Machine Learning into supply chain analytics. This will change the course of supply chain management going forward. Here are some quotes from our customers:
“Anvyl makes a 4 hour workflow to a 10 minute workflow.” Sock Fancy
“The software is great, easy to use, and efficient. It provides visibility when it comes to sourcing, all the way down to production.” Swell, Liz Miranda, Global Logistics Manager
“I didn’t want to wade through old email threads to track down the status of a purchase order—we needed a system that could scale.” Organifi, Niels Tervoort, Director of Supply Chain
“I’ve tried to create systems like this at my old roles but nothing close to what Anvyl does” Jennifer Davis - Brooklinen
“We will definitely be working out of Anvyl instead of Netsuite. The interface is much easier to work with.” Megan Rosson - VP Finance & Operations Tula
“Anvyl is very much our source of truth. We hope to integrate more into Anvyl because this is where all the information will live.” Mirror
"I just want to express again how I like your portal and how user friendly it is. Kudos for creating something so easy to use!" Magic Spoon