Manugistics, Inc. (ticker: MANU, exchange: NASDAQ) News Release - 4/24/2001
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Manugistics and Manhattan Associates Form Alliance
Bringing Together Leading Collaborative Supply Chain Management
And Execution Solutions for Global 2000
ATLANTA and ROCKVILLE, Md., April 24 /PRNewswire Interactive News Release/
Manhattan Associates (Nasdaq: MANH), a global leader in providing supply chain execution and collaborative commerce solutions, and 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 a strategic alliance.
Under the alliance, Manugistics will embed Manhattan Associates PkMS(R) advanced warehouse management system, which offers optimal order receiving, stocking, replenishment, allocation, labeling and shipping management, within Manugistics fulfillment offerings. The aim is to provide companies with an integrated end-to-end fulfillment management and execution system for both new and existing distribution channels.
"We are excited about this close alliance with an industry leader like Manugistics," says Richard Haddrill, Manhattan Associates president and CEO. "With this integrated solution for supply chain management and execution, customers can benefit from both companies' domain expertise and experience as well as proven technology. Given the impressive synergy that exists between these two companies, we look forward to making this a strong relationship."
"Manugistics continues to execute a strategy to provide our customers with comprehensive, best-of-breed solutions that help deliver a strong return on investment," said Greg Owens, Manugistics president and CEO. "Integrating Manhattan Associates' suite of fulfillment solutions with Manugistics' intelligent supply chain solutions can provide our clients with significant additional value."
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 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, Texas Instruments, Timberland, Unilever and United Airlines. For more information, go to www.manugistics.com .
About Manhattan Associates
Manhattan Associates, Inc. is a global leader in providing supply chain execution and collaborative commerce solutions. These solutions leverage state-of-the-art technologies, innovative practices and the company's domain expertise to enhance performance, profitability and competitive advantage. Manhattan Associates has licensed more than 800 customers representing 1,100 facilities worldwide, which include some of the world's leading manufacturers, suppliers and retailers. For more information about Manhattan Associates, telephone +1.770.955.7070 or visit www.manh.com .
SOURCE Manhattan Associates and Manugistics Group, Inc.
CONTACT: Elizabeth Larson of Lois Paul & Partners, 781-238-5737, or elizabeth_larson@lpp.com, for Manhattan Associates; or Joel Weinshank of Manugistics Group, 301-984-5330, or jweinsha@manu.com/ |
