Manugistics Chosen By Amazon.com
Tuesday May 23, 12:10 am Eastern Time
Company Press Release
SOURCE: Manugistics Group, Inc.
Manugistics Chosen By Amazon.com
World's Leading Online Retailer Selects Manugistics NetWORKS(TM) Solutions to Support Global Expansion
ROCKVILLE, Md., May 23 /PRNewswire/ -- Manugistics Group, Inc. (Nasdaq: MANU - news), a leading global provider of intelligent supply chain solutions for enterprises and evolving eBusiness trading networks, today announced that Amazon.com (Nasdaq: AMZN - news), the world's leading online retailer, has selected Manugistics NetWORKS eBusiness solutions to support Amazon.com's global expansion and operational improvement initiatives. Amazon.com, which is expanding its global trading network across Europe, intends to create an improved customer experience for more than 20 million customers in more than 150 countries.
Manugistics eBusiness solutions can provide Amazon.com with critical visibility into its global fulfillment network, facilitating the company's initiative to consolidate individual shipments across all shipping operations while designing and managing a global trading network-allowing more efficient, cost-effective flow of goods from the company's suppliers to its customers worldwide.
``As a company that continually works to provide the best shopping experience for customers, we sought out a leading provider of eBusiness solutions capable of addressing the scale and complexity of our worldwide operations,'' said Jeff Wilke, vice president and general manager of operations at Amazon.com. ``Manugistics' proven eFulfillment execution and delivery, combined with the company's vision for eBusiness, convinced us that it is best suited to accelerate our ambitious plans for rapid growth while still meeting or exceeding our customers' expectations.''
``As consumers increasingly go online for their everyday necessities, accuracy, reliability, and on-time delivery of product will be the major competitive differentiators for online retailers,'' said Terry Austin, Manugistics' executive vice president for electronics, eCommerce, and high technology. ``The business intelligence inherent in Manugistics suite of NetWORKS eBusiness solutions can support e-commerce companies like Amazon.com that seek reliable order fulfillment in the face of high customer expectations.''
Manugistics NetWORKS Strategy? will model Amazon.com's fixed and variable costs, varying transportation and supplier lead times, and global constraints such as tariffs and taxes. This model will help Amazon.com to create an optimal network design for the capital investment planning necessary for Amazon.com's global expansion, including identifying desirable global locations for new distribution centers.
NetWORKS Strategy will also provide Amazon.com with a time-phased view to support optimal ongoing network design and policy decision-making. The solution will model Amazon.com's time-phased demand and supply perspective to determine the appropriate short and long term business strategy. Additionally, it will help Amazon.com set optimal inventory levels and decide appropriate product mix and storage capacity across the network. The solution will even suggest seasonal pre-builds and optimal lane volumes to maximize customer service during the holiday season and other peak periods.
Using NetWORKS Transport(TM), Amazon.com's global control center will simultaneously plan Amazon.com's inbound, and interfacility shipments for increased visibility in order to achieve reduced costs, and better control of its freight management. NetWORKS Transport will also allow Amazon.com to automatically tender loads on the Internet, track inbound shipments, pay carriers, allocate freight costs, and run historical reports for improved transportation planning. Automatic real-time notifications via facsimile, e- mail, or pager will also give Amazon.com and its trading partners the ability to proactively solve transportation issues.
Manugistics NetWORKS Strategy and Transport solutions' cost-and-business- rules-based approach is engineered to minimize costs to customers.
About Amazon.com
Amazon.com (Amazon.com, Inc., and its subsidiaries) is the Internet's No. 1 music, No. 1 DVD and video, and No. 1 book retailer. Amazon.com (NASDAQ: AMZN - news) opened its virtual doors on the World Wide Web in July 1995 and today offers Earth's Biggest Selection, along with online auctions and free electronic greeting cards. Amazon.com lists more than 18 million unique items in categories including books, CDs, toys, electronics, videos, DVDs, home improvement products, software, and video games. Through Amazon.com zShops, any business or individual can sell virtually anything to Amazon.com's more than 20 million customers, and with Amazon.com Payments, any seller can accept credit card transactions, avoiding the hassles of offline payments. The company also participates in sothebys.amazon.com, the leading auction site for guaranteed art, jewelry, and collectibles, at www.sothebys.amazon.com.
This announcement contains forward-looking statements that involve risks and uncertainties that include, among others, Amazon.com's limited operating history, anticipated losses, significant amount of indebtedness, unpredictability of future revenues, potential fluctuations in quarterly operating results, seasonality, consumer trends, competition, risk of distribution center expansion, risks related to fourth quarter performance, risks of system interruption, management of potential growth, inventory risks, risks related to auction and zShops services, risks related to fraud and Amazon.com Payments, and risks of new business areas, international expansion, business combinations, and strategic alliances. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 1999.
About Manugistics, Inc.
Headquartered in Rockville, Md., Manugistics Group, Inc. is a leading global provider of intelligent supply chain solutions for enterprises and evolving eBusiness trading networks. With more than 900 clients, Manugistics powers intelligent decisions for profitable growth in leading companies such as Coca-Cola Bottling, Compaq, DuPont, General Electric, Harley-Davidson, Hormel, Mobil, Nestle, Timberland, Unilever, United Distillers and Vintners, and Wal-Mart.
FOR ADDITIONAL INFORMATION REGARDING THIS ANNOUNCEMENT, CONTACT THE MANUGISTICS NEWSBUREAU HOTLINE AT 301-984-5330.
This announcement contains forward-looking statements that involve risks and uncertainties that include, among others, Manugistics' limited operating history, anticipated losses, unpredictability of future revenues, potential fluctuations in quarterly operating results, competition, risks related to fourth quarter performance, risks of system interruption and the delivery of anticipated functionality, management of potential growth, and risks of new business areas, international expansion, business combinations, client benefits, and strategic alliances. More information about factors that potentially could affect Manugistics' financial results is included in Manugistics' filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended February 28, 1999 and Quarterly Reports on Form 10-Q for the quarters ended May 31, 1999, August 31, 1999, and November 30, 1999.
Manugistics, the Manugistics logo, and working as one are registered trademarks, and NetWORKS, NetWORKS Transport, NetWORKS Strategy are trademarks of Manugistics, Inc. All other product or company names mentioned are used for identification purposes only and may be trademarks of their respective owners. Additional information about Manugistics can be found at the company's site on the World Wide Web, at manugistics.com.
SOURCE: Manugistics Group, Inc.
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