Dallas, Texas - January 31, 2002 - Global supply chain execution (SCE) leader EXE Technologies, Inc. (Nasdaq: EXEE), today unveiled the EXceed(tm) Adaptive Inventory Manager (EXceed AIM) software solution, an enterprise supply chain execution solution for buyers and planners. Exceed AIM coupled with EXE`s EXceed Fulfill and Collaborate software suites provide an unmatched, closed-loop, global supply chain execution system.
EXceed AIM performs the demand forecasting, replenishment planning, purchase order generation, order sizing, buyer review, and store product allocation functions required to support the inventory management process. AIM significantly expands the functionality of the rest of EXE`s EXceed product family to meet the increasingly sophisticated demands of the market. Using advanced simulation technology, EXceed AIM helps companies manage inventory more effectively by matching demand and supply in real time. Buyers, suppliers, and internal logistics professionals can be more effective because they can work from a single plan.
Increasing revenues and decreasing costs
EXceed AIM drives revenues through increased customer service levels and loyalty, and lowers both operating and capital costs through more efficient matching of supply with demand.
Contributions to the bottom line include:
§ Improved order fill rates
§ Reduced stock outs through more effective
replenishment
§ Reduced inventory levels through more accurate demand forecasting
§ Lower operating costs by matching available distribution capacity with purchasing
§ Lower purchasing costs through more efficient buying practices
§ Reduced obsolescence through increased inventory velocity
§ Reduced transportation costs through elimination of last minute orders
EXceed AIM software provides customers with rapid return on investment through fast implementation, low operating cost, and scalability.
"Companies have grown intolerant of projects with big budgets, big promises, and big headaches, " said Richard von Hirschberg, vice president and general manager, EXceed AIM Business Unit. "Today, customers demand rapid return on investment. EXceed AIM will help our customers achieve the most difficult of all balances - optimal customer service with maximum profit. This can be achieved with EXceed AIM`s low-cost platform and packaged functionality which allows for a far more rapid implementation than competing products."
"Since going live with EXceed AIM, we`ve experienced significant improvements in our buyer productivity and demand forecasting accuracy. These improvements have increased our inventory turn rates, while at the same time, increased our order fill rates and customer service levels," commented Lenny Rinaldi, of office supply wholesaler S.P. Richards Company.
About EXE Technologies, Inc.
EXE Technologies, Inc. (NASDAQ: EXEE) is a leading provider of supply chain execution software solutions that deliver the vital, frontline supply chain intelligence to drive customer execution decisions and processes. EXE`s products and services help customers worldwide reduce inventory and operational costs while increasing customer loyalty and satisfaction. The
company provides global service and support from offices located in North America, Europe, the Middle East, Asia, and Australia. For more information about EXE Technologies, Inc., call (214) 775-6000 or visit www.exe.com.
EXE Technologies, EXE and EXceed are trademarks, registered trademarks or service marks of EXE Technologies, Inc. in the United States and/or other countries. All other trademarks or service marks contained herein are the properties of their respective owners.
Statements contained in this press release that are not historical facts may be forward-looking statements, as the term is defined in the Private Litigation Reform Act of 1995. In some cases, you can identify forward-looking statements by terminology such as "anticipate", "estimate", "expect", "project", "intend", "plan", "believe" and other words and terms of similar meaning in connection with any discussion of future operating or financial performance. Many factors, including the risks outlined from time to time in the documents filed by EXE with the Securities and Exchange Commission, will be important in determining future results. The forward-looking statements contained in this press release include, among other things, statements relating to the capabilities of EXE`s software, EXE`s ability to implement its software and customers` ability to realize certain results from the implementation of EXE`s software. Any and all forward-looking statements can be affected by inaccurate assumptions or by known or unknown risks and uncertainties, including, among other things, the length and complexity of the implementation cycle for EXceed software, which may result in delays and/or customer dissatisfaction. Actual future results may vary materially.
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