Rohm and Haas Again Chooses Manugistics to Enable Supply Chain Improvements
ROCKVILLE, Md., Aug. 8 /PRNewswire/ -- Manugistics Group, Inc. (Nasdaq: MANU), a leading global provider of intelligent supply chain solutions for enterprises and evolving eBusiness trading networks, today announced that Rohm and Haas Co. (NYSE: ROH), one of the world's largest specialty chemical manufacturers, has selected a suite of Manugistics NetWORKS(TM) solutions to increase visibility into its global supply chain, and accurately project future customer demand.
Building on a 10-year business relationship, Rohm and Haas will roll out Manugistics NetWORKS solutions across most of its businesses. Manugistics solutions are designed to provide Rohm and Haas with real-time decision-making capabilities that continually assess global supply chain performance and identify potential problems before they occur.
"Manugistics solutions continue to be a critical component of our drive to achieve world-class supply chain management," said Steve Rauscher, vice president, supply chain for one of Rohm and Haas' largest businesses, Performance Polymers. "We selected Manugistics because of our prior success using the company's solutions combined with Manugistics' ability to strategically align their solutions with our various business models."
Manugistics solutions have helped Rohm and Haas increase supply chain performance, reduce costs, and improve on-time delivery. The solutions have also facilitated significant reductions in inventory, helping the chemical manufacturer to achieve tens of millions of dollars in cost savings.
"Rohm and Haas recognizes that Manugistics has the industry expertise, technology, and commitment needed to help companies succeed in the fiercely competitive process and chemical industry," said Greg Owens, president and CEO of Manugistics. "Manugistics intelligent supply chain solutions can help streamline the internal processes of these companies to achieve and maintain competitive advantage in the face of increasing globalization, consolidation and cost of raw materials."
About Rohm and Haas Co.
Rohm and Haas Co. is a $6.7 billion specialty chemical company whose products consistently improve the quality of life for people around the world. Rohm and Haas technology is found in paints and coatings, adhesives and sealants, household and personal care products, personal computers and electronic components, and construction materials. It also helps bring food to the table -- fruits and vegetables -- and salt, an essential ingredient for life.
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, eConnections, 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," 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. 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.; Rohm and Haas Co.
ST: Maryland
IN: CPR
SU:
08/08/2000 08:59 EDT prnewswire.com |
