Manugistics Seeing Accelerating Demand for Its Chemical and Energy Industry Solutions
biz.yahoo.com
ROCKVILLE, Md., April 2 /PRNewswire/ -- Manugistics Group, Inc. (Nasdaq: MANU - news), the leading 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 eMarketplaces, today announced that it is seeing accelerating demand for its chemical and energy industry solutions, which are designed to increase revenue, decrease costs, and improve asset utilization and customer service.
Faced with industry consolidation, the shift to eBusiness, and the need to capitalize on new revenue streams while maintaining margins, many of the largest chemical and energy companies -- including 7 of the top 10 in the Fortune 500 -- have turned to Manugistics for solutions that are designed to be quickly implemented, enabling delivery of strong ROI in a short time frame. Industry leaders such as BASF, BP, Cabot, ChemLogix, DuPont, Elemica, ExxonMobil, Mitsui Chemicals, Repsol, Rhodia, Rohm and Haas, Royal Dutch Shell, Van Waters & Rogers, and Vulcan Chemicals are all utilizing, or in the process of implementing, Manugistics solutions.
``We have benefited tremendously from our long-term relationship with Manugistics,'' said Clayton Beale, Rohm and Haas global planning systems manager. ``Using their solutions, we've been able to increase supply chain performance and improve on-time delivery, while significantly reducing our inventory -- helping Rohm and Haas achieve hundreds of millions of dollars in cost savings. And we continue to make Manugistics solutions a key driver in our efforts to provide 100 percent customer satisfaction while carrying as little inventory as possible.''
``Key to (Manugistics') accelerating success is management's laser focus on delivering tangible value,'' said Brent Thill, Credit Suisse First Boston Technology Group analyst, in a February 14, 2001 First Call research note. ``Most customers typically begin to see value delivered 4-8 months from initial investment (versus competitors' 1+ year).''
``Manugistics continues to demonstrate its commitment to our customers' strategic business objectives,'' added Rich Bergmann, Manugistics president. ``Manugistics delivers solutions that can enable companies to enhance profitably in an increasingly complex and competitive business environment. Our deep industry-specific expertise, combined with an emphasis on delivering significant benefits within a short period of time, has helped Manugistics become a preferred choice of many of the industry's largest companies.''
Manugistics solutions employ a proven multi-phase value delivery process that can integrate a company's supply with demand to create a more responsive and flexible supply chain. The solutions have helped chemical and energy companies improve global visibility, improve network and asset utilization, and optimize scarce resources. The solutions are also highly configurable -- to better address the industry's critical business processes such as demand management, network design and optimization, inventory management, transportation management, bulk distribution planning and replenishment, application integration, and pricing and revenue optimization.
Added Jeff Smith, Manugistics group vice president of chemical and energy, ``Industry leaders continue to demand innovative solutions in an increasingly competitive environment. Manugistics is meeting those demands -- providing solutions that can help companies achieve tens of millions of dollars in cost savings while maintaining customer service. And our solutions have the flexibility and adaptability companies need to help address unforeseen business challenges.''
About Manugistics Group, Inc.
Manugistics is the leading global provider of Enterprise Profit Optimization (EPO) solutions -- the first solutions to simultaneously optimize a company's supply- and demand-side functions. Manugistics EPO and eMarketplace 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, Texas Instruments, Timberland, Unilever, and United Airlines. For more information, go to manugistics.com . |
