Manugistics Continues to Deliver Solutions For Apparel, Footwear and Textile Industry
ROCKVILLE, Md., Feb. 28 /PRNewswire/ -- Manugistics Group, Inc. (Nasdaq: MANU), the leading global provider of Enterprise Profit Optimization(TM) (EPO) solutions -- the powerful combination of supply chain management and pricing and revenue optimization solutions -- for enterprises and marketplaces, is continuing to deliver solutions that are successfully addressing the complex challenges faced by the apparel, footwear and textile industry.
Faced with margin pressures, demand volatility, short lifecycles, and increased promotional activity, many of the largest apparel, footwear and textile companies have turned to Manugistics for solutions that can help drive profitable growth. The company's industry-leading clients include specialty retailers, manufacturers, suppliers and marketplaces such as GAP, Inc., GlobalNetXchange (GNX), Grupo Elektra S.A. de C.V., K-Swiss, Inc., Levi Strauss & Co., Oxford Industries, Inc., Ross Stores, Inc., Springs Industries, Inc., The Limited, Inc., The Timberland Company, and YKK (USA) Corporation. These companies have all selected Manugistics solutions to gain key competitive advantages.
A superior commitment to meeting client objectives and deep domain expertise have been key to Manugistics' success. In a February 14, 2001 First Call research note, Chris Mortenson, Managing Director at Deutsche Banc Alex. Brown, asserted, "(Manugistics') domain expertise regarding the supply chain issues faced in the dozen or so vertical markets it addresses is superb. Manugistics solutions tend to be faster and easier to implement than the competitions', leading to faster economic paybacks. Manugistics has a strong culture of being a good partner and living up to its commitments."
"Manugistics continues to demonstrate its commitment to our customers' strategic business objectives," said Greg Owens, Manugistics chairman and chief executive officer. "With more than 10 years experience in the apparel, footwear and textile industry, Manugistics delivers solutions that can enable companies to increase revenue and improve customer service levels while reducing costs. That industry focus, combined with our emphasis on delivering significant benefits within a short period of time, has helped Manugistics become a preferred choice of many of the industry's largest companies."
Mike Deloso, Manugistics vice president of apparel, footwear, and textiles added, "Today the industry faces considerable challenges, including massive stock-keeping-unit (SKU) proliferation driven by shifting consumer demand, and management of overseas multi-level manufacturing operations. Manugistics apparel, footwear and textile solutions are meeting those challenges. For example, we have many clients currently processing more than 1 million SKUs. And our solutions have the flexibility needed to help companies address new business challenges yet to arise."
Manugistics solutions employ a proven multi-phase value delivery process that can integrate a company's supply-side and demand-side to create a more responsive and flexible supply chain. The solutions have helped companies improve global visibility, improve network and asset utilization, and optimize resources. More importantly, the solutions are highly configurable -- to better address the industry's critical business processes such as sales and operations planning, replenishment planning, collaborative forecasting, planning and replenishment (CPFR)(R), multi-site manufacturing, global trade management, and pricing and revenue optimization -- as well as extensible across enterprises and Internet-based private and public marketplaces.
About Manugistics Group, Inc.
Manugistics is the leading global provider of Enterprise Profit Optimization (EPO) solutions -- the first solutions to simultaneously optimize a company's supply- and demand-side functions. Manugistics EPO and Marketplace solutions help companies lower operating costs, enhance profitability and accelerate growth. The company's list of clients includes industry leaders such as 3Com, Amazon.com, Boeing, BP, Brown & Williamson, Caterpillar, Cisco Systems, Coca-Cola Bottling, Compaq, DuPont, eConnections, Ford, General Electric, Harley-Davidson, Hormel, Levi Strauss & Co., Marriott, Nestle, Texas Instruments, Timberland, Unilever, and United Airlines. For more information, go to manugistics.com .
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, anticipated losses, unpredictability of future revenues, potential fluctuations in quarterly operating results, competition, risks related to quarterly performance, risks of system interruption, management of potential growth, and risks of new business areas, international expansion, business combinations, 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 29, 2000 and Quarterly Report on Form 10-Q for the quarter ended November 30, 2000.
Manugistics is a registered trademark, and the Manugistics logo, the phrase "Leveraged Intelligence," Enterprise Profit Optimization and NetWORKS 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.
SOURCE Manugistics Group, Inc.
CO: Manugistics Group, Inc.
ST: Maryland
IN: TEX CPR MLM
SU:
02/28/2001 12:00 EST prnewswire.com |
