Aspen Technology Introduces Supply Chain Solution Designed Specifically for the Polymers Industry
Ready-to-implement planning, scheduling, and demand management suite helps polymer industry work faster and more efficiently
biz.yahoo.com
I like the look of this company. Their process industry focus gives them a competive advantage vs more general ERP systems. Rapid implementation and supply chain management integration increase the ROI for an implementation and make it easier to sell. This company looks like a successful long term player.
CAMBRIDGE, Mass., Feb. 8 /PRNewswire/ -- Aspen Technology, Inc. (Nasdaq: AZPN - news), today introduced a new set of supply chain solutions for the polymer industry to help manufacturers improve forecasting and scheduling, while reducing inventory costs. The Aspen eSupply Chain Suite(TM) for Polymers is designed to provide fully pre-configured functionality to address the complex and unique requirements of the polymer manufacturing process.
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The suite offers a quick and flexible integration of demand management, scheduling and planning solutions to accelerate implementation times. The applications also include configured interfaces and databases necessary for polymers producers and leverage AspenTech's deep process knowledge and understanding of polymers industry.
``Our market analysis shows that no other e-business or supply chain solution provider offers a suite of solutions specifically configured for the Polymers industry,'' says Mary Palermo, co-Chief Operating Officer of AspenTech. ``We believe that the Aspen eSupply Chain Suite for Polymers will raise the performance bar for the industry. Our supply chain solutions allow quick implementation times and helps our customers realize more significant economic benefits in a shorter period of time, in addition to reducing project implementation costs.''
The polymers-specific application complements AspenTech's industry specific e-business supply chain solutions for petroleum, chemicals, life sciences and other process industries.
In addition to reducing implementation cost and time, AspenTech's supply chain management solutions improve forecast accuracy, reduce inventories and provide more accurate scheduling, and higher productivity. AspenTech's configured applications provide a common view of information across an enterprise with multiple manufacturing facilities, increasing the collaboration capabilities of the application. Other customer benefits include lower total cost of ownership by reducing maintenance and training costs.
About AspenTech
Aspen Technology, Inc. is the leading supplier of integrated software and solutions that enable process manufacturers to automate and optimize their plants and extended supply chains, while enabling e-business. With deep process knowledge, best-in-class technology, and strategic alliances with leading business and technology partners, AspenTech offers the industry's broadest family of scaleable solutions, allowing process manufacturers to achieve competitive advantage in the Internet economy. AspenTech's Plantelligence(TM) solutions automate and optimize critical business processes at the plant level. AspenTech's Enterprise Optimization(TM) solutions extend the scope of optimization across the enterprise and extended supply chain. AspenTech eSupply Chain solutions enable manufacturers to link seamlessly to customers, suppliers and on-line trading exchanges, creating a collaborative, flexible extended enterprise. AspenTech employs more than 1,800 people worldwide. For more information visit aspentech.com. |
