A quick, powerful way to recover capital from inventory
@TheMoment is a business platform that enables quick liquidation of
inventory in order to channel capital back into operations. Retail
usually has a lot of surplus that needs to be effectively cleaned up
to free space and capital. The foundation of the platform is a
toolset designed to quickly and efficiently manage individual auctions,
investment recovery events, and interactions with customers.
Benefits of @TheMoment
Liquidating inventory is a complex process that usually forces asset
mangers to choose between getting the best price and making a quick
sale. It often means contacting new and existing customers, informing
them of available inventory and special pricing, then trying to track
all the interaction as negotiations unfold.
@TheMoment automates and simplifies both the transactions and the
associated communications. With powerful tools that enable auction and
inventory to make quicker, better decisions, it allows monitoring of
product flow, optimizes productivity, reduces costs, monitors and
controls inventory levels, and, most importantly, optimizes return on
investments.
The key is simplification of the auction process and control and access to real-time information and monitoring.
This helps reduce complexity while providing answers to the questions
that occur while recovering investment in highly specialized assets.
Special tools allow managers to easily publish information for both
co-workers and customers, and provide an interface for easy interaction
with key customers, and a platform for generating reports.
Benefits of a fully web-based system
Experienced inventory managers know the key to moving inventory is
proper pricing, while leveraging inventory data and access to key
customers. Once an investment recovery event is underway, personnel
need to track the status of each auction item, bidder, and current high
bid. This is all part of a set workflow for liquidating inventory.
@TheMoment treats such interactions as live events. Managers can follow
all activity and bid performance in real time.
- Information accessibility can help reduce inventory
levels. Knowing product numbers, bid prices and contact points can help
close a deal while other suppliers are struggling to gather their data.
- Automation
reduces processing costs. A template-driven system, with proper
monitoring tools, makes the @TheMoment system quick and efficient.
- Web-based
services make for easy, accessible deployment across organization. The
people who need to manage an electronic auction, or supply details on
inventory, have instant access to the system if they have access to a
web browser. Each participant, from auction managers to bidders, has
separate user profiles that can be configured to allow access to
specific management tools or auctions.
The Universal Trading Engine is built on a robust platform using TIBCO® Rendezous high speed messaging bus.
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