Pranke GmbH and Neogrid, the future of inventory management with AI

Neogrid specialises in optimising supply chains through artificial intelligence (AI).

Its headquarters are in the Brazilian state of Santa Catarina, and it also has branches in the USA and the Netherlands.

With its software NGRD3, the data giant achieved a turnover of approximately €18 million in the first half of 2021.

Since 2020, there has been a strategic partnership between Neogrid and Pranke GmbH.
As an experienced EDI service provider, we keep up with the times!

This benefits our customers, who get much more out of their inventory and transaction data with this innovative technology!

 

How it works

 

A central element is the so-called Dynamic Buffer Management solution, or DBM.

The processes in the supply chain are viewed holistically.

Various algorithms are used to calculate and subsequently reduce warehousing costs.

At the same time, flexible and intelligent refill processes take effect.

 

In practice, calculation analyses are carried out daily to generate order suggestions. DBM suggests what to buy and when.

You regularly receive reports with the AI’s suggestions. Of course, you retain control until the very end.

Orders are only placed when you give the OK!

Your advantages:

  • Practically no forecasting errors
  • Transparency of demand data
  • Simplified inventory control, lower warehousing costs
  • Flexible adaptation to changing customer demands or market fluctuations

 

Reduce your storage costs with Pranke and Neogrid, automate your supply chains without risk. Reduce shortages and overstocks. Take the leap into digitalisation!

We will support you.

Interest aroused?  We will answer your questions about Neogrid, Pranke and Artificial Intelligence in the supply chain at your leisure.

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Quintet24Quintet24

Virtual fairs with Pranke and Quintet24

Virtual trade fairs have become standard in the fashion industry.

A special advantage: digital showrooms are open 365 days a year.
With our partner, MobiMedia AG and their platform Quintet 24, we invite you into your new, digital future!
Expensive exhibition stands are – at least partially – a thing of the past.

As a supplier, you save time and money.

Collect valuable information about bestsellers or slow sellers, for example, and adapt the digital reality to your specific ideas if necessary.

With our eBiss converter and the multifunctional network eGate we realise your individual showroom on Quintet24!
In doing so, we seamlessly integrate the EDI processes into your existing IT landscape.

You want to know more?

Register for free at our Autumn Summit on 06.10.2021, or contact us directly.

You can find more information here:
Digital Summit – Quintet24 digital showrooms and digital trade fair

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Fast, efficient and sustainable: supply chains with GTS and Pranke

The textile industry is in a state of transition, both technically and socially.

Supply chains and trade are experiencing a digital revolution, and people are paying more attention to the environmental footprint of their purchases.

There are large suppliers and retailers who have sufficient resources and also the capital to react quickly to these profound changes.

The situation is often different for smaller and medium-sized companies.
There, people like to improvise, a lot is still done manually today.

That doesn’t have to be the case! The solution for getting started with cost-effective data exchange between companies is called:

Automation with the Global Textile Scheme (GTS) and Pranke GmbH!

GTS is an initiative with the aim of offering innovative and, above all, standardised solutions for data exchange.

GTS consists of three basic elements: A common language – a common, multilingual catalogue (GTS Language), a supporting SaaS platform and the GTS Data Model, which defines the data categories and is dynamically adaptable.

Currently, the Global Textile Scheme covers three fields of application:

  • Generation of master data without transcription:
    The special feature of GTS is the harmonisation of master data, which is coded with GTS and then available to the customer in real time.
  • Transparency of demand development: This means that if you use GTS, you as a supplier will quickly recognise the new demand of your dealers in the future.
  • Generation of labour-intensive certificate data. This is currently possible for GRS, GOTS and Standard 100 by Oekotex – others will follow.

This saves you time and money, and reduces manual effort.

Tedious searches for product data are a thing of the past.
With GTS and Pranke, you can access important information directly via the cloud – without detours via other channels.

We translate your master data into GTS language and integrate the GTS model into your IT infrastructure with little time expenditure.
Find your way out of the confusing and unproductive data jungle with Pranke GmbH. Simply make more out of your valuable data with us.

Pranke GmbH has been developing the technology for GTS-Cat since 2020.

We would be happy to explain how it works, other advantages and how to get started with GTS in a detailed discussion.
We are already looking forward to your feedback!

 

 

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