Manugistics Announces Intelligent Purchasing Solution
Staples Using Solution to Improve Purchase Order Visibility
ORLANDO, Fla., July 17 /PRNewswire/ -- Manugistics Group, Inc. (Nasdaq: MANU), a leading global provider of intelligent supply chain solutions for enterprises and evolving eBusiness trading networks, today announced at the company's award-winning enVISION2000 conference the Manugistics Intelligent Purchasing Solution. Staples Inc. (Nasdaq: SPLS), the pioneer of the office supply superstore industry, is the solution's most recent customer, using it to help improve the visibility of purchase order status with the company's suppliers and carriers.
"Manugistics Intelligent Purchasing Solution addresses the core business challenges of purchasers by enabling improved forecasting, planning and supplier relationships," said Rich Bergmann, executive vice president of global sales and services at Manugistics. "In conjunction with key Manugistics NetWORKS(TM) products, the solution can help leading companies such as Staples streamline and improve their supply chain visibility from procurement to transport to product destination."
The configurable Intelligent Purchasing Solution offers strategic supplier selection, purchasing collaboration and purchase order execution capabilities; and by next year is expected to include intelligent order building capabilities. When paired with Manugistics' exception-based management, track- and-trace and transportation management offerings, the Intelligent Purchasing Solution can help companies overhaul fragmented purchase order processes.
An existing Manugistics customer, Staples has already experienced reduced transportation costs using Manugistics NetWORKS Transport(TM) to manage inbound freight shipments. The new Solution will help make Staples' inbound logistics processes even more intelligent, which will likely lead to improved product visibility and flow, shortened transportation cycle lead times, and improved on-time delivery.
"Staples' return to us for additional solutions demonstrates Manugistics' commitment to the long-term success of its clients," added Bergmann.
"To improve the flow of supply chain information within our purchasing network, we evaluated several leading solution providers over the past year," said David Barclay, vice president of merchandising and supply chain systems at Staples. "In the end, it came down to Manugistics' highly successful track record with Staples making them the right choice for us."
The Intelligent Purchasing Solution is expected to complement a larger e- business initiative by Staples which includes the recently launched StaplesPartners.com, a portal aimed at helping Staples' manufacturers and suppliers respond better to customer needs.
About Staples Retail and Delivery
Staples Retail and Delivery, a division of Staples Inc., is a $9 billion provider of office supplies, furniture, technology and services to consumers and businesses of all sizes in the United States, Canada, the United Kingdom, Germany, the Netherlands and Portugal. Headquartered near Boston, Staples invented the office superstore concept and is the largest operator of office superstores in the world. The company has 50,000 employees who help customers slash the cost and hassle of running their businesses through more than 1,200 retail superstores, an e-commerce business, direct mail order operations under the brands of Staples and subsidiary Quill Corporation, and a national accounts contract business. More information about the company is available at staples.com.
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 helps power intelligent decisions for profitable growth in leading companies such as Amazon.com, Coca-Cola Bottling, Commerx, Compaq, DuPont, Mobil, FreightWise, General Electric, Harley-Davidson, Hormel, Nestle, Timberland and Unilever.
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, anticipated client benefits, delivery of software functionality, 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 its Quarterly Report on Form 10-Q for the quarter ended May 31, 2000.
Manugistics is a registered trademark, and the Manugistics logo, the phrase "Leveraged Intelligence," NetWORKS, ExchangeWORKS and WebWORKS 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.
CO: Manugistics Group, Inc.; Staples Inc.; Staples Retail and Delivery
ST: Florida, Maryland
IN: MLM REA
SU:
07/17/2000 08:55 EDT prnewswire.com |
