Adaptive Planning and Execution, Open Architecture, Web Services Offer Preview into Future of Enterprise Profit Optimization
SAN DIEGO, Calif. -- May 6, 2002 -- Today at enVISION2002, Manugistics Group, Inc. (Nasdaq: MANU), the leading global provider of Enterprise Profit Optimization[TM] (EPO) solutions that help companies enhance margins by lowering costs and improving revenues across their supply-demand networks, unveiled Manugistics 7, giving attendees their first look at the future of the company’s Enterprise Profit Optimization solutions.
Focused on real-time synchronization between planning and execution, Manugistics 7 can help enable the timely business decisions required by organizations to compete in today`s fast-moving markets. Manugistics 7 includes sophisticated planning and execution capabilities complemented by real-time visibility into -- and control over -- day-to-day operations, to help clients manage and react in real-time to events that may impact their operations. New adaptive planning and execution capabilities in Manugistics 7 can help organizations and their extended trading networks achieve truly integrated operations that provide comprehensive global visibility and control throughout the supply-demand chain.
"Manugistics 7 demonstrates our laser focus on innovations that can help our clients achieve Enterprise Profit Optimization," said Greg Owens, Manugistics` chairman and chief executive officer. "Manugistics 7 can give our clients enhanced visibility and control over their multiple internal and external organizations, enabling them to significantly improve their ability to plan and execute quickly and effectively."
Manugistics 7 Delivers Immediate Business Value
To maximize profitability, businesses must quickly adapt to real-world marketplace fluctuations, including wide shifts in supply and demand. Manugistics 7 delivers Web-native, network-wide visibility and integrated planning and execution functions, enhancing the ability of clients to make the strategic, tactical, and operational decisions needed to enhance profits and gain market share.
Key capabilities of Manugistics 7 include:
--Global visibility into real-time operations. An integrated operational layer within Manugistics 7 resides over legacy and Enterprise Resource Planning (ERP) systems, giving decision-makers visibility into relevant data from within an organization and across its extended trading community. In addition, business process synchronization and control allows truly integrated operations.
--Manugistics` adaptive planning and execution capabilities can allow clients to more quickly respond to events that occur within their operations, and in the marketplace.
--Flexible portal framework and superior business process workflow. Configurable application workbenches are designed to adapt to each end-user’s unique requirements and responsibilities, enhancing productivity and empowering users to view and react in real time to unique marketplace events. The Web-native architecture allows global access to planning and execution solutions, combined with immediate visibility into operations, alerts and analysis tools. The Manugistics 7 portal framework incorporates an imbedded business process workflow engine, facilitating collaboration and intelligently resolving user defined exceptions.
--Industry-specific features add efficiency and cost savings. Manugistics 7 draws on over 20 years of experience in vertical markets to offer unique configurations and templates, enhancing the immediate value of the solutions. Manugistics 7 encompasses the best practices, unique business processes, and other specific industry market requirements to help drive significant gains in financial performance and operational effectiveness.
--Open Architecture and Web Services Support. Manugistics 7 is built on an open architecture that supports multiple platforms, open Application Interfaces (APIs), and leading application server and portal standards. Manugistics 7 uses Web Services technology extensively for intra- and inter-company system integration, and provides support for Simple Object Access Protocol (SOAP), Web Services Description Language (WSDL), and eXtensible Mark-up Language (XML) to ease the aggregation and analysis of data from disparate sources within an organization, and among organizations.
The first release of Manugistics 7 will be commercially available this month.
About Enterprise Profit Optimization
Pioneered and led by Manugistics, Enterprise Profit Optimization combines the cost-reducing power of service and parts management, supplier relationship management and supply chain management, and the revenue-enhancing capability of pricing and revenue optimization. Manugistics` comprehensive EPO solutions integrate pricing, forecasting, and operational planning and execution to help enhance margins across the enterprise and the extended trading network.
About Manugistics Group, Inc.
Manugistics Enterprise Profit Optimization solutions help companies lower operating costs, improve customer service, enhance profitability, and accelerate growth by optimizing the supply-demand network from design and procurement through pricing and delivery. The company`s comprehensive Enterprise Profit Optimization solutions address critical business challenges including supplier relationship management, supply chain management, and pricing and revenue optimization. Manugistics` clients include industry leaders such as 3Com, Amazon.com, Boeing, BP, Brown & Williamson, Caterpillar, Cisco Systems, Coca-Cola Bottling, Compaq, DuPont, eConnections, Fairchild Semiconductor, Ford Motor Company, General Electric, Harley-Davidson, Hormel, Levi Strauss & Co., Marriott, Nestle, Texas Instruments, Timberland, Unilever, and United Airlines. For more information, go to www.manugistics.com.
The enVISION conference series, hosted by Manugistics, is an award-winning conference series which gathers industry leading customers and partners to explore the future of Enterprise Profit Optimization.
FOR ADDITIONAL INFORMATION REGARDING THIS ANNOUNCEMENT, CONTACT THE MANUGISTICS NEWSBUREAU HOTLINE AT 301-255-5330.
Contacts:
Laura Janes
Manugistics Group, Inc.
ljanes@manu.com
301-255-5330
John Conley
Ogilvy PR (For Manugistics)
john.conley@ogilvypr.com
202-452-9524
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FORWARD LOOKING STATEMENT
This announcement contains forward-looking statements that involve risks and uncertainties that include, among others, continuing economic uncertainty, the timing and degree of business recovery, anticipated losses, unpredictability of future revenues, potential fluctuations in quarterly operating results, 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 continued effectiveness of the cost reduction efforts undertaken by Manugistics. A decreased demand for computer 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, 2001 and Quarterly Report on Form 10-Q for the quarter ended November 30, 2001. 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.
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