PeopleSoft and Vigilance Team to Provide Industry-Leading Event Management Solution
Solution Will Enable Organizations to Respond Immediately to Events Throughout the Extended Supply Chain
PLEASANTON, Calif. -- May 28, 2002 -- PeopleSoft, Inc. (Nasdaq: PSFT) today announced an alliance with Vigilance, Inc. to provide a supply chain event management solution that will give customers extended visibility and expanded control over the supply chain. The integration of PeopleSoft`s Supply Chain Management (SCM) applications with Vigilance`s Supply Chain Event Management Suite (SCEM) will enable companies to immediately alert employees and suppliers to unexpected events and take corrective action throughout the supply chain.
The new solution combines cross-enterprise event detection, closed-loop analytics, role-based portals, and collaborative business rules to enable companies to identify and prioritize emerging issues, alert escalation paths, and facilitate immediate corrective action. For example, procurement managers can be alerted immediately to an unexpected production stoppage with a key supplier, and apply real-time analytics and alternative business rules to rapidly deploy a new sourcing strategy. As a result, companies can minimize costs and short-term disruption.
By using PeopleSoft SCM with Vigilance`s SCEM, companies have the ability to capture time-critical information from complete cross-enterprise business processes. "Looking into the rear-view mirror is no longer enough for today`s supply chain," said Karen Peterson, vice president and research director of Gartner Research. "The real advantage comes from recognizing events as they occur across an entire business process, and making sure that resulting information gets into the hands of the people who can make the best use of it."
"Advance planning is critical, but the ability to react to unexpected events both inside and outside an organization can make the difference in running a profitable operation," said Mike Frandsen, general manager of PeopleSoft`s Supply Chain Management division. "Together, Vigilance and PeopleSoft will provide companies with a competitive advantage by enabling them to react instantly to disruptions throughout the extended supply chain."
"With businesses facing compressed cycle times, outsourced operations, and heightened customer expectations, there is a critical need to effectively monitor and adjust business processes in real-time to align with changing market conditions," said Rocky Gunderson, president of Vigilance. "We are pleased to partner with PeopleSoft to help customers improve the effectiveness of their organizations through better visibility and real-time, actionable information."
PeopleSoft SCM includes Supplier Relationship Management, Manufacturing, Supply Chain Planning, Customer Fulfillment Management and PeopleSoft Supply Chain Analytics solutions, and provides more than 450 embedded performance indicators for the management of real-time business processes.
Vigilance is a leading supplier of Supply Chain Event Management (SCEM) solutions and an innovator in the area of Business Process Management, a real-time, cross-enterprise application that helps companies achieve corporate objectives by managing the execution of mission-critical business processes.
About PeopleSoft
PeopleSoft (Nasdaq: PSFT) is the world`s leading provider of application software for the real-time enterprise. PeopleSoft`s pure Internet software enables organizations to reduce costs and increase productivity by directly connecting customers, suppliers, partners and employees to business processes on-line, in real time. PeopleSoft`s integrated, best-in-class applications include Customer Relationship Management, Supply Chain Management, Human Capital Management and Financial Management. More than 4,700 organizations in 107 countries run on PeopleSoft software. For more information, visit us at www.peoplesoft.com.
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PeopleSoft and the PeopleSoft logo are registered trademarks of PeopleSoft, Inc. All other company and product names may be trademarks of their respective owners. Copyright © 2002 PeopleSoft, Inc. All rights reserved.
Media Contacts:
Holly Rossetti
PeopleSoft, Inc.
925-694-5027
holly_rossetti@peoplesoft.com
Kristina White
Porter Novelli
617-450-4233
Kristina.White@porternovelli.com
Meredith Vaish
Vigilance
408-907-4307
mtanner@Vigilance.com
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