Avanti Slingshot is a powerful Print MIS platform that connects “islands of automation,” eliminating breakpoints in workflow, and providing print providers with the information needed to run efficient, profitable operations. With Avanti Slingshot, up-to-the-minute information is available wherever, whenever it’s needed.
Automated Fulfillment Contract Management, a new module to be announced at PRINT 18, is an innovative solution designed for businesses with warehousing/fulfillment capabilities. The solution enables providers of print and/or marketing services to increase their revenue and profitability by charging transaction-based fees for managing customer-owned inventories of finished goods. Examples of those charges might be picking fees, warehousing storage fee, product handling/movement fee, receipt of inventory, flat charges, et al.
Users can easily setup complex contracts to routinely bill for these charges, which are not accounted for on sales orders. Fees will be summarized in a recurring “contract invoice” for the customer, created through another Avanti Slingshot module called Batch Invoicing.
For example: A marketing service provider maintains inventory of branded keychains and collateral pieces on behalf of an automobile manufacturer to be distributed to dealers and customers as requested. Volumes vary substantially from month to month and the car company wants to pay only for the services they use. With Automated Fulfillment Contract Management, they are automatically billed for each order to be shipped.
This capability can open up an entirely new revenue stream for print service providers (PSPs) and marketing service providers (MSPs) that offer warehousing/fulfillment services to their customers.
- Avanti is first-to-market with this capability.
- It monetizes warehousing/fulfillment operations, with tangible value for both customers and service providers.
- Its transaction-based nature is very attractive to their customers, since they’ll pay only for what they use.
- It enables FIFO inventory management.
- Because it’s integrated into the master Avanti Slingshot database, data from this application can be automatically used for other functions in the process (e.g., billing).
