NEW YORK -- Jan. 17, 2005 -- Manugistics Group, Inc. (NASDAQ:MANU), a leading global provider of demand-driven supply chain management solutions, today announced a collaborative effort with IBM to deliver an end-to-end store level replenishment solution for retailers.
The Manugistics and IBM Store Level Replenishment solution will provide retailers a competitive advantage by combining Manugistics` deep expertise in retail and store-level forecasting and replenishment with IBM`s technology around portals, integration and data synchronization and professional services expertise.
"This joint offering will deliver significant value to retailers by improving store level planning capabilities and the process to deploy these solutions," said Manugistics Senior Vice President Lori Mitchell-Keller. "Today`s extremely competitive market demands that retailers operate at peak efficiency. The combination of our supply chain solutions along with IBM`s integration and consulting services will help retailers reduce costs and better ensure customer loyalty."
Planning at the store level is critical in the retail industry to improve sales and inventory turns. The inability to effectively integrate disparate systems, such as point of sale solutions within the supply chain, makes achieving visibility at the store level difficult or non-existent. Disparate systems lack clean data and do not provide a complete decision support environment which further contributes to poor visibility. A lack of visibility at the store level frequently leads to stock-outs of products that are in demand and excess inventory of slower moving products that eventually must be marked down.
The IBM and Manugistics Store Level Replenishment Solution will deliver a complete solution that connects disparate systems, gathers valuable insight into store level transactions and enables companies to deliver better customer service and increase revenue. This collaboration further underscores the companies` commitment to the world`s largest retailers with innovative solutions.
IBM and Manugistics will showcase their retail solutions at the annual National Retail Federation (NRF) Conference in New York, NY January 16-19, 2005. Visit Manugistics at booth 2035 or IBM at booth 1323 in the Jacob Javits Convention Center. For more information or to schedule a meeting, please contact firstname.lastname@example.org.
In addition, Mitchell-Keller will participate in a joint presentation at NRF with Canadian Tire`s Vice President of Logistics Geoff Frodsham and Forrester Research Principal Analyst Noha Tohamy entitled "Mastering the Complexities of the Retail Supply Chain" on Tuesday, January 18 from 3:30 - 4:30 PM.
IBM is the world`s largest information technology company, with 80 years of leadership in helping businesses innovate. Drawing on resources from across IBM and key IBM Business Partners, IBM offers a wide range of services, solutions and technologies that enable customers, large and small, to take full advantage of the new era of e-business. For more information about IBM, visit http://www.ibm.com.
About Manugistics Group, Inc.
Manugistics powers the demand-driven supply chain. Today, more than 1,200 clients trust Manugistics to help them drive profitable growth, unlock the value of their existing IT investments, and ensure the security and integrity of their global supply chains. Its clients include industry leaders such as AT&T;, BMW, Boeing, Cingular, Circuit City, Coca-Cola Bottling, Delta Air Lines, DHL, Diageo, DuPont, Harley-Davidson, John Deere, Marriott, McCormick, Nestle, Nissan, RadioShack, Sanmina-SCI and Unilever. For more information, go to http://www.manugistics.com.
FORWARD LOOKING STATEMENT
This announcement contains forward-looking statements that involve risks and uncertainties that include, continuing weak demand for supply chain management software, the ability of the Company to effectively align its cost structure with revenues, and unintended adverse effects of the Company`s recent restructuring and cost containment initiatives. 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 29, 2004 and Quarterly Report on Form 10-Q for the period ended November 30, 2004. Manugistics assumes no obligation to update the forward-looking information contained on this announcement.
Manugistics Group, Inc.
Sheila Blackwell, 301-255-5486
Kristine Gager, 202-326-1747