That means Victoria Secrets depends on Manugistics for support. Wow, what a concept.
The Limited Selects Manugistics for Transportation Management and Collaboration With Carriers
ROCKVILLE, Md., Feb. 4 /PRNewswire/ -- Manugistics Group, Inc. (Nasdaq: MANU) today announced that The Limited, Inc. has chosen Manugistics supply chain software to optimize its transportation network and to build collaborative relationships with its transportation carriers via the Internet. By improving visibility into movement of products from global suppliers to its retail stores, The Limited hopes to further reduce delivery time of products to the end consumer while lowering transportation costs.
The Limited, Inc., through Express, Lerner New York, Lane Bryant, Limited Stores, Structure, Limited Too, Galyan's and Henri Bendel, presently operates 3,614 specialty stores. The Company also owns approximately 85 percent of Intimate Brands, Inc., which, through Victoria's Secret Stores and Bath and Body Works, presently operates 1,893 specialty stores and distributes apparel internationally through the Victoria's Secret Catalogue. The Limited, Inc. initially intends to use Manugistics for inbound freight planning and management into its distribution centers to optimize the movement of freight into these facilities, assist in tracking the freight through the supply chain, and then manage the freight payment process to The Limited's freight carrier base.
In subsequent phases of the project, The Limited intends to use Manugistics to simultaneously optimize its global freight network for both inbound and outbound freight movements throughout the rest of its supply chain, ultimately to its stores. Using the award-winning Manugistics NetWORKSTM solution for e-commerce, The Limited also intends to link its carriers to a central logistics-planning center via the Internet for collaborative load tendering. By working with its carriers on load tendering in real-time, The Limited expects to improve time-definite deliveries and lower its transportation costs.
"This is a critical step in our ability to re-engineer our global supply chain capabilities which we are undertaking. In addition to understanding our transportation needs and how to extend the solution to include collaboration, Manugistics understood our industry and the supply chain challenges we are facing," said Nick LaHowchic, president and CEO of Limited Distribution Services. "Together, we will focus on optimizing our transportation network around the needs of our customers, further improving our ability to compete in the specialty retail market and ensuring that the latest fashions are available in our stores as quickly as possible."
Headquartered in Rockville, Md., Manugistics Group, Inc. is a leading provider of customer-centric supply chain optimization and has the largest global client base of any supply chain provider. The company's solutions are used by more than 850 companies to improve the flow of product within and among companies from raw materials or parts through manufacturing to delivery of product to the end customer. Manugistics' solutions uniquely allow its clients to create and optimize their supply chains around their customers and are quick to implement, adapt easily to change, and deliver rapid results. Its clients include leading companies such as Compaq, DuPont, Harley-Davidson, Nike, Nestle, and Wal-Mart.
Manugistics, the Manugistics logo, and working as one are registered trademarks and Manugistics NetWORKS is a trademark of Manugistics, Inc. All other product or company names mentioned are used for identification purposes only, and may be trademarks of their respective owners. Additional information about Manugistics can be found at the company's site on the World Wide Web, at manugistics.com.
SOURCE Manugistics Group, Inc.
CO: Manugistics Group, Inc.; The Limited, Inc. |
