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The foundation of our industry is people enabled by leading technology. VersaCold’s technology strategy directly aligns with our mission to provide innovative and integrated solutions to support our customers’ current and future needs. We see technology as a key to enhance, differentiate and add value to our customers’ supply chains.
A large portion of a recent $28 million investment has gone to upgrading our Labour Management Software (LMS), Transportation Management Software (TMS) and Warehouse Management Software (WMS), and the integration of all platforms into our ERP system. This combined with advanced Business Intelligence and Data Visualization tools are helping take our business to the next level.
We know that knowledge and accuracy are critical components to managing an efficient supply chain. We provide integration of multiple design and operational systems that can be integrated with our customers’ systems. Our team provides 24/7 coverage with internal and external dedicated resources to support our infrastructure. We operate our primary data centre in Montreal with a redundant system in Vancouver to ensure uninterrupted service.
VersaCold’s proprietary Power2 (P2) is a fully capable and robust WMS. The system allows for and utilizes standard EDI transaction sets for Receipt of Orders, Order Confirmation, Notification of Inbound, Receipt Confirmations, Inventory Adjustment as well as Inventory Notifications/Management and others. VersaCold systems directly communicate EDI documents and can also utilize other communication methods such as the internet.
P2 offers a variety of product rotation, inventory control & management, tracing and order details as prescribed by our customers' requirements. RF capability integrated with P2 allows us to provide the most efficient methods of picking and pick line replenishment to assure the proper rotation and selection of product for shipping. We also employ voice recognition pick options which again offer efficient methods to best achieve engineered standards of productivity.
P2 manages lot codes and requirements such as expiry and production dates to ensure product and order quality as well as recall management. The system provides for recall and historical shipping reporting, aging reports, status reporting including definable holds and container numbering. Unique customer palletizing, labeling and picking requirements are managed through work rules contained within the system.
P2 also provides a web portal that allows customers to view their order status and product availability. Its reporting functionality allows customers to receive various reports to ensure full visibility. The WMS interfaces with our TMS eliminating redundant administration such as placing of orders with carriers. The systems provide for a multiplicity of billing methods, rating and billing units, currencies and frequencies as required. All invoicing is interfaced with our corporate ERP financial systems with appropriate auditing.
As a natural extension of our WMS, the Labour Management System (LMS) drives our engineering labour standards within warehouse operations. JDA is the backbone of the system and the market leader in labour standards tool sets. LMS is software that uses a complex set of engineered labour standards developed specifically for each site to measure accurate employee performance standards for specific activities. The solution links direct productive time from our WMS, P2, to the overall time spent by our employees in our site. LMS monitors overall performance, increases productivity, reduces unit labour costs and improves scheduling supporting our Performance Driven culture.
Interfacing with our WMS is our Transportation Management System based on the TMW (“TruckMate”) platform. It acts to eliminate redundant administration tasks such as placing of orders with carriers. The system provides for multiple billing methods, ratings, billing units, currencies and frequencies as required. Clients have web access and all invoicing is interfaced with our corporate ERP financial systems with appropriate auditing. We continue to invest in upgrades and are currently deploying remote sensor monitoring with real time visibility of our assets.