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Technology Stocks : Manugistics, Inc. (MANU)
MANU 15.38+1.0%3:29 PM EST

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To: Henry who wrote (1353)11/10/1999 12:30:00 PM
From: bob zagorin  Read Replies (1) of 1670
 
Fujitsu Successfully Implements Manugistics Supply Chain Solution for Production Planning Optimization

Using Manugistics6, Fujitsu Improves Cycle Time with Reduced Inventories

TOKYO, Nov. 10 /PRNewswire/ -- Manugistics Group, Inc. (Nasdaq: MANU) today announced that Fujitsu Ltd. has successfully installed Manugistics' suite of supply chain solutions. This implementation enabled Fujitsu to construct an end-to-end supply chain solution for its personal computer (PC) production division; driving Company improvements for order fulfillment and PC notebook inventories.

Using the Manugistics' solution, Fujitsu expects to reduce order fulfillment time -- the period from when a production plan is created to final delivery confirmation -- from the current two weeks to only five days. As a result, Fujitsu will be able to greatly reduce both finished product and raw material inventories while preventing shortages, increasing customer satisfaction and offering competitive prices. Based on these improvements, Fujitsu plans to expand the project to include desktop PCs.

"Fujitsu's rapid results demonstrate Manugistics' compelling value for the electronics and high tech market. The Company's innovative solutions are known for driving both improvements in efficiency and top-line growth," said Terry Austin, executive vice president of electronics and high technology, Manugistics. "In this highly-competitive and time-sensitive marketplace, the savings and benefits of a proven solution, like Manugistics, is known as the business imperative for success."

The Manugistics implementation is a major focus of Fujitsu's business process reengineering effort. The Company believes the business intelligence delivered through the Manugistics' solutions will continue to drive improved purchasing and ordering benefits.

About Fujitsu, Ltd:

Fujitsu Limited (Tokyo Stock Exchange: 6702) is a leading provider of comprehensive information technology and network solutions for the global marketplace. Comprising over 500 group companies and affiliates worldwide -- including ICL, Amdahl and DMR Consulting Group -- the Fujitsu Group had consolidated revenues of 5.24 trillion yen ($43.3 billion) in the fiscal year ended March 31, 1999. With world-class hardware and software technology in computers, telecommunications and microelectronics, with 55,000 systems and services experts around the world, Fujitsu is uniquely positioned to harness the power of the network to help its customers succeed. Altogether, the Fujitsu Group has 188,000 employees and operations in over 100 countries.

About Manugistics:

Headquartered in Rockville, MD, Manugistics Group, Inc. is the leading provider of supply chain intelligence. The Company's solutions are used by nearly 900 companies to improve the flow of product within and among companies from raw materials or parts through manufacturing to delivery of product to the end customer. Manugistics' solutions uniquely allow its clients to create and optimize their supply chains around their customers and are quick to implement, adapt easily to change, and deliver rapid results. Its clients include leading companies such as Campbell Soup, Compaq, DuPont, General Electric, Harley-Davidson, Mobil, Nestle, Timberland, United Distillers and Vintners, and Wal-Mart.

Manugistics, the Manugistics logo, and working as one are registered trademarks and Open Application Integration is a trademark 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.

CO: Manugistics Group, Inc.; Fujitsu, Ltd

ST: Japan, Maryland

IN: CPR

SU:

11/10/1999 12:26 EST prnewswire.com
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