Manugistics Networks(TM) Chosen by Cisco to Power Its Supply Chain eHub
SAN FRANCISCO, Feb. 13 /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 at its Strategy Summit announced that Manugistics NetWORKS(TM) solutions power Cisco System's Supply Chain eHub -- an extended global collaborative supply chain network linking Cisco with its contract manufacturers, distributors and suppliers.
With the initial eHub pilot live now, Manugistics NetWORKS solutions help provide Cisco and its trading partners with a common view of demand and supply information, and proactive exceptions management and alerting capabilities, as well as centralized performance analysis for its multi-tier trading network. The solutions' functionality will help eHub to provide synchronized planning and end-to-end supply chain visibility -- helping Cisco to reduce planning cycles, improve flexibility and responsiveness to changes in demand and supply conditions, and significantly accelerate inventory turnover.
Use of the solutions will be expanded to enable Cisco and its trading partners to share and optimize critical material planning decisions and perform rapid dynamic material substitutions and allocations, to help the trading network participants realize the most profitable use of constrained materials.
Manugistics NetWORKS solutions, which include collaborative services, intelligent optimization engines, and integration and marketplace platforms, were chosen by Cisco following a competitive evaluation involving several best-of-breed supply chain and eBusiness solution providers.
"Cisco's choice of Manugistics to drive its Supply Chain eHub initiative is a validation of our electronics and high technology strategy," said Terry Austin, Manugistics executive vice president of electronics and high technology. "Cisco's business model has helped it become a global market leader, holding a No. 1 or No. 2 market share in virtually every market segment in which it participates. At a time of rapid growth and accelerating change in its markets, Cisco recognized that Manugistics' industry experience and technology innovation could help it create an intelligent private trading network to fundamentally change the way it does business."
The Manugistics solutions provide immediate and proactive exception notices via wireless, email, pager and portal, enabling Cisco and its supply chain partners to better respond to and minimize the impact of demand variability and capacity and resource constraints. NetWORKS' centralized performance analysis will also give Cisco the information needed to better manage the relationships within the private trading network. In addition, Manugistics solutions are based on open industry standards and are RosettaNet compliant to facilitate connectivity among Cisco supply chain partners.
About Manugistics Group, Inc.
Manugistics is the leading provider of Enterprise Profit Optimization (EPO) solutions -- the first solutions to simultaneously optimize a company's supply- and demand-side functions. Manugistics EPO and Marketplace solutions help companies 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, General Electric, 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," Enterprise Profit Optimization 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.
SOURCE Manugistics Group, Inc.
CO: Manugistics Group, Inc.; Cisco Systems
ST: California, Maryland
IN: CPR MLM NET
SU:
02/13/2001 12:00 EST prnewswire.com |
