DALLAS, Nov. 2, 2016 /PRNewswire/ -- One Network Enterprises ( www.onenetwork.com), a global provider of secure, multi-party, SaaS and PaaS cloud networks, today announced that Dana Commercial Vehicle Driveline Technologies has achieved significant supply chain efficiencies by implementing One Network's Real Time Value Network™ across all of its supply chain functions. With daily visibility into accurate demand and inventory levels, and real-time collaboration with suppliers through One Network, Dana is able to service its global customer base with much greater efficiency.
"The actual results for inventory reduction that we have realized is double the goal that we initially set out to achieve and we identified specific products where inventory reduction could be reduced by 40 percent or more," said Doug Lair, global director of material and logistics, Dana Commercial Vehicle Driveline Technologies. "One Network has demonstrated an ability to quickly adapt their services to meet our company's needs. Their network has proven to be highly flexible and enables us to quickly adjust to changes in customer demand flexibilities in markets on a regular basis, typically within a single business day versus what used to take weeks." One Network's technology is based on a multi-party, multi-tier visibility, and collaboration. Leveraging One Network, Dana is able to manage the inbound supply for its commercial vehicle operations and also manage its intercontinental freight operations using One Networks' Intelligent Logistics and Transportation Management Solution. In addition, Dana now has quick access to inventory data at third-party warehouse facilities, which was not previously possible. Along with the inventory reductions, Dana has also realized a drop in shortages and expediting costs by having the right inventory, at the right place, at the right time.