PUMA North America Manages Inventory Real-time with SPSS Software
Information Delivered in Minutes Not Days
Chicago, March 28, 2005 -- PUMA North America, Inc., a division of PUMA AG, a leading producer of athletic footwear, apparel, and accessories, is using SPSS predictive analytics software to manage its inventory real-time across its domestic retail operations. With SPSS (NASDAQ: SPSS) technologies, PUMA quickly arms its sales staff with information that drives decisions to optimize inventory and order management processes.
PUMA relies on more than 70 independent sales consultants to make important business decisions daily based on data regarding orders, shipments and product availability. PUMA’s use of the ShowCase® Suite from SPSS, a business intelligence and data mining solution for organizations using the IBM® eServer iSeries™ (AS/400®) computing platform, enables its sales consultants to create inventory reports in real-time to track retail sales and identify which products and sizes are selling.
The ShowCase reports also track individual store performance on an hourly, monthly, or yearly basis and measure how stores compare with one another. If sales of a particular shoe model increase, PUMA can ramp up production of that shoe; likewise, it can shift inventory or close a store if performance is lagging.
“With SPSS, PUMA has completely replaced 80 percent of our ERP [enterprise resource planning] system reports, which were highly inflexible and required us to contact the vendor for simple template changes,” said Karen King, a database analyst for PUMA North America. “Previously, it would take a day or more to create a report. Now, PUMA can obtain reports in less than an hour, and sometimes in as little as 10 to 20 minutes.”
“PUMA is benefiting from the capabilities of SPSS to unlock key data found in corporate systems to make informed decisions quickly,” said SPSS President and CEO Jack Noonan. “SPSS software is helping PUMA gain valuable insight into how their business is performing. With predictive analytics we will help PUMA manage their future.”
More than 85 percent of the top consumer goods companies use SPSS software for such areas as inventory management, survey and market research, customer acquisition and retention and enhancing key business operations.
About SPSS
SPSS Inc. (NASDAQ: SPSS) is a leading worldwide provider of predictive analytics software and solutions. The company`s predictive analytics technology connects data to effective strategic action by drawing reliable conclusions about current conditions and critical future events. More than 250,000 commercial, academic, and public sector customers rely on SPSS technology to help increase revenue, reduce costs, improve important processes, and detect and prevent fraud. More than 95 percent of the Fortune 1000 companies are SPSS customers. Founded in 1968, SPSS is headquartered in Chicago, Illinois. For additional information, please visit www.spss.com.
Safe Harbor Statement
This press release contains forward-looking information made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward looking statements can be identified by phrases such as "anticipates," "believes," "estimates," "expects," "plans," "intends," "could," "designed," "should be" and other similar expressions which denote expectations of future events rather than statements of fact. These forward-looking statements involve factors that are subject to risks and uncertainties. These risks and uncertainties, which may not be currently ascertainable and many of which are beyond the Company’s control, may cause the Company’s actual results, performance or achievements to be materially different than the results, performance or achievements expressed in or implied by the forward-looking statements. These risks and uncertainties are described in the Company’s filings with the Securities and Exchange Commission ("SEC"). Copies of these filings are available either on the SEC’s website at www.sec.gov or from the Company’s investor relations department. In light of these risks and uncertainties, the inclusion of forward-looking statements in this press release should not be regarded as a representation by the Company that any future results, performance or achievements will be attained. These forward-looking statements speak only as of the date on which they are made. The Company assumes no obligation to update the forward-looking statements contained in this press release.
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