Kesped Selects Manugistics Global Transportation Management Solution
ROCKVILLE, Md.--(BUSINESS WIRE)--Nov. 5, 2002--Manugistics Group, Inc. (Nasdaq:MANU), the leading global provider of supply chain management and pricing optimization solutions, today announced that Kesped Oy - the transportation and forwarding company of Finland's leading trading sector marketing and logistics company, the Kesko Corporation - has selected Manugistics Global Transportation Management solution to optimize its extensive transportation network throughout Europe.
Kesped manages a highly complex transportation network with a fleet of over 250 trucks, and for their international activities they co-operate with 50 forwarding agents and 90 carriers. The company also operates as a third party logistics provider in Finland, making deliveries to over 3,300 Finnish customers on a daily basis, and carrying over 35,000 international consignments per year. The Manugistics solution will be implemented centrally, and it will cover all transportation carried out across Europe.
Kesped selected Manugistics global transportation management solutions to help manage the complex demands of operating a multi-tiered transportation network while reducing costs and maintaining high levels of customer service. With the roll-out of the Manugistics solutions, Kesped expects to reduce administrative expenses, improve asset utilization with more effective route planning, help build even stronger relationships with trading partners, and improve planning and scheduling requirements across the transportation network - while meeting its business commitments such as customer delivery times, equipment restrictions and capacities.
The Manugistics solutions can also help Kesped's clients better execute their planning, carrier communication, carrier execution, freight payment calculation, and analysis for all transportation moves including inbound to Distribution Centers (DCs), DC to DC moves, and DC to customer deliveries. The Manugistics solutions enable continued, comprehensive information collection and performance evaluation and analysis, which Kesped and its clients can utilize to continually optimize their transportation plans.
"We chose Manugistics based on their capabilities and experience in delivering mission-critical planning and execution solutions for transportation management," said Mika Salmijarvi, Managing Director of Kesped Oy. "The support provided by the Manugistics sales team, who demonstrated both excellent knowledge of our market and a deep understanding of our needs, was also a deciding factor."
"Our global transportation management solution is the preferred choice of innovators throughout Europe and around the world," commented Terry Austin, president of European operations for Manugistics. "Manugistics is committed to helping Kesped increase its market leading position in the region, and we look forward to working with them to optimize their demanding logistics operations."
About Kesped
Kesped Ltd was founded in 1995 to serve as transport and forwarding company in the Kesko Corporation. Its annual net sales amounted to EUR 100 million in 2001.
Kesko is Finland's leading trading sector marketing and logistics company. Kesko actively develops the trading services valued by both retail and wholesale customers, and additionally acts as a retailer on its own account and in close chain co-operation with retailers. For more information, go to www.kesped.fi.
About Manugistics
Manugistics leads the industry in delivering innovative pricing and supply chain software solutions. Today, more than 1200 clients trust Manugistics to help them reduce costs, increase revenues and enhance margins. The company provides comprehensive solutions for supply chain management, service and parts management, pricing and revenue optimization, and supplier relationship management. Its clients include industry leaders such as 3Com, AT&T, Amazon.com, BMW, Boeing, Caterpillar, Cisco Systems, Circuit City, Coca-Cola Bottling, Compaq, Continental Airlines, DaimlerChrysler, Diageo, DuPont, Fairchild Semiconductor, Ford Motor Company, General Electric, Harley-Davidson, Kraft, Nestle, RadioShack and Unilever. For more information, go to www.manugistics.com
FOR ADDITIONAL INFORMATION REGARDING THIS ANNOUNCEMENT, CONTACT THE MANUGISTICS NEWSBUREAU HOTLINE AT 301-255-5330.
FORWARD LOOKING STATEMENT
This announcement contains forward-looking statements that involve risks and uncertainties that include, among others, continuing economic and political uncertainty, the timing and degree of business recovery, anticipated losses, unpredictability of future revenues, potential fluctuations in quarterly operating results, unexpected competition, risks related to quarterly performance, risks of new business areas, international expansion, business combinations and strategic alliances, lengthening of sales cycles for software products and services, and the effectiveness of the cost reduction efforts undertaken by Manugistics and their impact on the company's ability to operate its business. A decreased demand for enterprise application software due to weakened economic conditions 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 its Annual Report on Form 10-K for the year ended February 28, 2002 and Quarterly Report on Form 10-Q, for the quarter ended August 31, 2002. Manugistics assumes no obligation to update the forward-looking information contained in this announcement.
Manugistics is a registered trademark, and the Manugistics logo, the phrase "Leveraged Intelligence," Enterprise Profit Optimization and Manugistics 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.
CONTACT:
Manugistics Group, Inc.
Laura Janes, 301/255-5330
ljanes@manu.com
or
Ogilvy PR (For Manugistics)
Gil Chorbajian, 202-721-9725
gil.chorbajian@ogilvypr.com
SOURCE: Manugistics Group, Inc.
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11/05/2002 10:01 EASTERN |
