Sherwin-Williams Selects Industri-Matematik For Major B2B Supply Chain and Customer Service Initiative
MT. LAUREL, N.J.--(BUSINESS WIRE)--June 14, 2000--
Fortune 400 Company to Deploy VIVALDI(TM)e-Commerce Suite to Manage Fulfillment and Replenishment Across Multiple Brands and Achieve "Perfect Order" Process
Industri-Matematik International Corp. (NASDAQ:IMIC) today announced a new, multi-year contract with the Consumer Group of The Sherwin-Williams Co. to provide its VIVALDI(TM)suite of supply chain and customer service software. The Industri-Matematik software is the cornerstone of Sherwin-Williams Consumer Group's "perfect order" strategy for the Group's multiple business units.
Sherwin-Williams Consumer Group and Industri-Matematik will partner with IBM to provide the integration technology and framework to connect VIVALDI fulfillment and call center management software with Sherwin's existing enterprise applications, including i2 Technologies' supply chain planning software. Both Industri-Matematik and i2 are key partners in IBM's Global Supply Chain Management initiative.
"VIVALDI software will enable us to achieve rapid time-to-benefit by providing one operating view of all customer activities across all business units, helping us better serve our customers," said Bill Antonace, Consumer Group Vice President of Operations and Supply Chain Management at Sherwin-Williams. "It will also manage the complex logistics of multiple business units - each with expansive product lines and diverse sales channels - to improve service levels and increase operating efficiencies. Additionally, the consolidated order process will move us towards zero errors which impacts the bottom-line by reducing costly product returns."
"The challenge to achieving the perfect order is managing and uniting all customer touch-points across an organization," said John Geraci, senior vice president, worldwide sales and marketing at Industri-Matematik. "By addressing its complete fulfillment and customer service requirements, Sherwin-Williams Consumer Group will be able to transform itself quickly to managing all interactions through a single point of contact."
About The Sherwin-Williams Company
The Sherwin-Williams Company is a $5 billion manufacturer, distributor and retailer of coatings and related products. It is the largest paint company in the United States, and among the leading coatings companies of the world.
About Industri-Matematik
Industri-Matematik International Corp. (www.im.se) provides high performance fulfillment and customer service software solutions for B2B and B2C e-commerce. Its applications help companies achieve a Zero Inventory/100 Percent Visibility business model by replacing inventory with information to speed the movement of goods through the supply chain. Customers include market-leading companies such as British Airways, Carlton & United Breweries, Ericsson, FedEx Corp., Starbucks and Warner/Elektra/Atlantic as well as new B2B and B2C e-commerce companies, including CoShopper.com, Electronic Business Partners (EBP), FULLeCOM and Yellowrent.com.
VIVALDI is a trademark of Industri-Matematik International Corp.
The statements contained in this release that are not historical facts may contain forward-looking information with respect to plans, projections or future performance of Industri-Matematik International Corp., the occurrence of which involve certain risks and uncertainties, including, but not limited to product demand and market acceptance risks, the impact of competitive products and pricing, product development, commercialization and technological difficulties and other uncertainties detailed in Industri-Matematik's filings with the Securities and Exchange Commission, particularly its Annual Report on Form 10-K filed in July 1999.
CONTACT:
Tim Walsh
Industri-Matematik
(856) 793-4438
tiwa@im.se
or
Industri-Matematik Investor Relations
John Heilshorn
Lippert/Heilshorn & Associates
(212) 838-3777
john@lhai.com
or
Bill Antonace
Sherwin-Williams Consumer Group
216/566-1747
or
Industri-Matematik Public Relations
Albie Jarvis or Dan Mees
Porter Novelli Convergence Group
(617) 450-4300
dan.mees@pnicg.com |
