Manugistics, Inc. (ticker: MANU, exchange: NASDAQ) News Release - 5/1/2001
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Haworth Chooses Manugistics to Power Global Transportation Network
ROCKVILLE, Md., May 1 /PRNewswire/ -- Manugistics Group, Inc. (Nasdaq: MANU), 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 enabling Haworth, Inc., a leading designer and manufacturer of office furniture, to create an intelligent global transportation network designed to improve customer service and reduce freight costs.
A Manugistics-powered transportation command and control center will improve Haworth's ability to manage outbound freight movements across multiple modes of transportation. The Manugistics solutions are designed to help Haworth improve the complex routing of multi-point freight movements, enhance communication with carriers through Web-enabled collaboration, and improve capacity utilization at distribution centers.
Using the solutions, Haworth expects to significantly enhance product flow worldwide, from manufacturing plants to distribution centers through to clients. Improved global transportation execution is critical for Haworth, which plans to expand in size over the next few years.
"Manugistics demonstrated that their transportation solution could be rapidly implemented and deliver the quick pay back needed to support our corporate growth objectives," said Kathryn Farynowski, Haworth vice president of global order fulfillment. "Going forward, we believe Manugistics has the innovative supply chain offerings, industry expertise, global presence, and commitment to address many of the business challenges that arise during a time of rapid change."
"Manugistics NetWORKS(TM) solutions continue to be a preferred choice of market leaders like Haworth that seek to lower transportation costs and improve customer service through improved transportation planning, increased shipment visibility, and better, more proactive resolution of transportation issues," said Rich Bergmann, Manugistics president. "And we continue to develop new innovative offerings -- such as our Enterprise Profit Optimization solutions -- to help companies enhance profitability and maintain competitive advantage."
About Haworth, Inc.
Haworth, Inc. is the world's second largest manufacturer, designer and marketer of office furniture products, with 2000 sales of $2.06 billion. Based in Holland, Mich., Haworth operates in more than 120 countries worldwide and employs nearly 15,000 members. For more information, visit Haworth's website at haworth.com .
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 .
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. A decreased demand for computer software due to weakening economic conditions, particularly in the United States economy, could result in decreased revenues or lower revenue growth rates. More information about factors that potentially could affect Manugistics financial results is included in Manugistics filings with the Securities and Exchange Commission, including most recently the Registration Statement on Form S-3 (Registration Statement No. 333-53918.
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.
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SOURCE Manugistics Group, Inc.
CONTACT: Joel Weinshank of Manugistics Group, Inc., 301-984-5330, jweinsha@manu.com; or Eamon Bobowski of Ogilvy PR, 202-736-1652, eamon.bobowski@ogilvypr.com, for Manugistics Group, Inc./ |
