TSL Express Daily News
The Secured Lender
SFNet's 80th Annual Convention Issue
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Top 5 Apps for Organizing
Mar 7, 2019If you’re like most of us, we try to stay organized in business and life, but it gets increasingly complicated…
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The Importance of Stretching
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SFNet's 40 Under 40 Award Winners Panel Recap
Mar 6, 2019Moderator: Samantha Alexander, regional underwriting manager, Wells Fargo Capital Finance’s Corporate Asset Based Lending group and 2016 CFA 40 Under…
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SFNet's Inaugural YoPro Leadership Summit
Mar 6, 2019The Secured Finance Network brought together the next generation of commercial finance leaders for a full day of learning and…
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It’s a Marathon, Not a Sprint
Aug 22, 2018I was recently invited to participate in an executive panel to answer questions from a credit training class comprised of...
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It’s Not Too Late – Five Member Benefits to Cash In On Now
Aug 1, 2018As we hit the half way mark on calendar year 2018, it is a good time to take stock and…
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It’s Time To Break Up With Your Phone
Jul 18, 2018Do I have your attention? Let’s be honest here: do you have the attention span to read this article? Compared…
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Lien Management – What You Need to Know
Jun 6, 2018UCC filing is the cornerstone of all loans and every lien portfolio...
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Potential Impacts of Blockchain on Commercial Lending
Jan 15, 2018By Raja Sengupta, Executive Vice President and General Manager, Wolters Kluwer’s Lien Solutions When it comes to the rising importance…
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How to be a Good Leader
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Fintech and Due Diligence – Disruptors and Established Firms Evolve
Oct 30, 2017The fintech sector has gone through a number of manifestations in the past two decades.
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A Commercial Banker’s Tickler Transition Plan
Oct 18, 2017Just do a keyword search for “bank tickler,” and you’ll quickly realize that banks are still heavily reliant on manual…
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Understanding and Developing Your Personal Brand: Four Steps to a More Intentional Career Progression
Sep 5, 2017It is imperative for individuals to have a general idea about their future career aspirations, just as companies should have clearly defined strategies.
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Selecting a Technology Vendor: 3 Questions to Ask
Jul 5, 2017As with anything else at your bank, selecting a technology vendor can be a challenging decision. Users from across different…
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Why Back-Office Lending Automation Enhances Customer Satisfaction
Apr 25, 2017Every bank strives to keep its customers happy. Of course, some institutions are better at achieving this goal than…
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The Lost Art of the Loan Purchase
Mar 2, 2017Purchasing a loan directly from a bank whether at par or discount is a not-often-used technique that is easily…
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Audit Prep: Why a Paperless Approach Makes Sense
Feb 15, 2017How much time does your financial institution spend preparing for audits? We recently surveyed 187 community banks, and the results…
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Back Office Support Services: Helping you approve more clients
Feb 7, 2017How many times have you come across a potential client who’s financials are either not up to date, not accurate,…
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“All Assets” is the Key When Drafting UCC-1 Financing Statement Collateral Descriptions
Jan 30, 2017Even when prepared by outside or in-house counsel, many lenders pay close attention to draft UCC financing statements before they…
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Paper Loan Files: Does Your Bank Know the True Cost?
Jan 12, 2017Sure, there’s a tangible cost associated with deploying an electronic loan imaging system. Software, support, and scanning hardware are just…
September 25, 2024
Source: Accesswire
AUSTIN, Texas, September 25, 2024 (Newswire.com) - John Galt Solutions, a global leader in automating supply chain planning to empower businesses to make better decisions faster, today announced that its market-leading Atlas Planning Platform was successfully implemented at Myers Industries Inc., to help the company standardize processes and support growth across its separate business units.
Myers, a leading manufacturer of a wide range of plastic and metal products and a distributor for the tire, wheel, and under-vehicle service industry, faced challenges as the business expanded, both organically and through acquisitions. As a result, Myers required an advanced supply chain planning solution that could unify fragmented processes and systems into a centralized platform, establishing best practices to support its continued growth.
Myers selected John Galt Solutions' Atlas Planning Platform for its superior ability to improve visibility across the end-to-end supply chain. With Atlas, Myers can pull data from different external and internal data sources into a single platform, optimizing and improving processes across the business.
Since the implementation, Myers has benefited from a uniform view across its supply chain. The platform’s data-driven dashboards provide real-time insights into key performance indicators (KPIs) across the network and help guide the supply chain team to accelerate decisions that best align with company objectives. The standardization of processes has helped the company align its operations with its financial goals, moving Myers toward a fully integrated business plan.
"The Atlas Planning Platform has provided our business with the visibility and integration we required to support our growth,” said Jeff Baker, Senior Vice President of Shared Services at Myers. “We now have a single, unified view of our supply chain, which has greatly improved our ability to forecast demand and align operations with our financial objectives. The dashboards have become instrumental in driving consistent metrics and providing greater visibility into performance across the organization. Atlas empowers our team to work more effectively toward an integrated business plan, ensuring that every part of the company is moving in the same direction."
Looking ahead, Myers is preparing to enter the next phase of its collaboration with John Galt Solutions, which will focus on the implementation of what-if scenario planning, leveraging the Artificial Intelligence (AI) capabilities in the Atlas Planning Platform. This will allow Myers to conduct simulations that stress-test its supply chain under various conditions, delivering deeper insights into how the supply chain reacts under uncertainty and helping the company make more informed decisions.
“We’re excited to continue supporting Myers Industries as they explore new opportunities to further advance their supply chain planning and enhance performance,” said Matt Hoffman, Vice President of Product and Industry Solutions at John Galt Solutions. “With the power of AI and what-if scenario planning, Myers will be better equipped to plan, manage, and respond to the complexities of their diverse markets and industries, ensuring their supply chain stays agile and resilient.”
About Myers Industries
Myers Industries Inc. (NYSE: MYE), based in Akron, Ohio, is a manufacturer of sustainable plastic and metal products for industrial, agricultural, automotive, commercial, and consumer markets. The company is also the largest distributor of tools, equipment and supplies for the tire, wheel, and under-vehicle service industry in the United States. Visit myersindustries.com to learn more.
About John Galt Solutions
More than ever, companies must be able to sense and respond to the dynamics of complex global supply chain performance, seize new opportunities, reduce costs, and drive profitability. John Galt Solutions’ Atlas Planning Platform is a comprehensive end-to-end supply chain planning software solution with advanced analytics and machine learning to automate planning, break down business silos and deliver greater visibility. A SaaS-based platform, Atlas transforms S&OP processes; demand, inventory, and replenishment; supply and inventory optimization; manufacturing planning and scheduling; financial budget and sales forecasting. We partner closely with companies such as MARS, Continental Tire, Milwaukee Tool, Deschutes Brewery, Netgear, and American Red Cross to empower planners to make better and faster decisions with greater confidence. To learn how John Galt Solutions can help you improve supply chain performance, visit johngalt.com.