Manugistics Announces Michael G. Simonetto to Head Up Pricing And Revenue Optimization Integration and to Lead Consulting Alliances
ROCKVILLE, Md., Feb. 6 /PRNewswire/ -- Manugistics Group, Inc. (Nasdaq: MANU), the premier 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, today announced that Michael G. Simonetto has been named senior vice president of pricing and revenue optimization. In this new position, Simonetto will be responsible for ensuring the continued quality delivery of pricing and revenue optimization solutions, and continuing the integration of these solutions with Manugistics core supply chain solutions essential to launching the first EPO solutions. In addition, he will be responsible for all alliances with systems integration and strategy consultancies for Manugistics on a global basis.
Simonetto comes to Manugistics from Deloitte Consulting where he was an experienced Partner in their Consumer Goods and Strategy practice. During Simonetto's nearly 10-year tenure at Deloitte, he led multiple, large reengineering engagements across a variety of industries, including building products, consumer goods, freight and transportation, manufacturing, and travel and hospitality. His expertise involves large-scale program management and process/system integration. He has also led numerous projects focused on new product development, customer relationship management, supply chain design, and strategic sourcing, including eProcurement.
"Mike is known and respected for delivering results and he is a great addition to the Manugistics team," said Greg Owens, chairman designate and chief executive officer. "His leadership will be key to the successful deployment of our innovative EPO solutions."
"EPO is the forefront of an untapped frontier of enterprise software," said Simonetto. "Manugistics' ability to optimize an enterprise's demand-side and supply-side business processes enables companies to address the key levers of shareholder value -- simultaneously helping drive cost reduction, asset productivity and revenue growth for our clients."
Prior to joining Deloitte Consulting, Simonetto spent almost 10 years in a variety of management positions with J. M. Foster Inc., a heavy industrial construction company. Simonetto holds a Master's Degree in Business Administration from the Kenan Flagler Business School, University of North Carolina Chapel Hill, and a Bachelor's Degree in English Literature from Indiana University.
About Manugistics Group, Inc.
Headquartered in Rockville, Md., Manugistics Group, Inc. is the premier global provider of Enterprise Profit Optimization (EPO) solutions that combine supply chain management and pricing and revenue optimization. Manugistics' EPO solutions are designed to help enterprises and marketplaces 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, FreightWise, General Electric, GNX, Harley-Davidson, Hormel, Levi Strauss & Co., Marriott, Nestle, 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," and Enterprise Profit Optimization 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: CPR MLM
SU: PER
02/06/2001 10:15 EST prnewswire.com |
