Manugistics Announces Pricing Solution Advancements in Latest 7.2.1 Software Release
Manugistics Appoints Ed Daihl to Lead Pricing Initiatives Across All Business Units
ROCKVILLE, Md. – March 28, 2005 – Manugistics Group, Inc. (NASDAQ: MANU), a leading global provider of synchronized supply chain and revenue management solutions, today announced new pricing solution enhancements to its Demand, Promotions and Markdown solutions in the recent release of its 7.2.1 software. In addition, Manugistics has appointed Ed Daihl, Group Vice President of Revenue Management for the Travel, Transportation and Hospitality (TTH) industries, to also lead pricing initiatives for the Consumer Goods (CG) and Retail industries.
Manugistics’ recent enhancements for its best-in-class pricing solutions include an advanced unconstraining algorithm that provides clients with the ability to determine lost sales resulting from constraints such as booking capacity limitations. With the removal of these constraints, Manugistics’ pricing solutions provide better visibility of actual historical demand resulting in more accurate forecasts and better pricing recommendations.
“Manugistics’ pricing solutions offer retailers and consumer goods companies a competitive edge by providing them with integrated tools to help make better decisions with the benefit of scientific analysis, monitoring and assessment,” said Daihl. “We are pioneers in revenue management for the Travel, Transportation and Hospitality industries and are now applying these proven solutions to the Consumer Goods and Retail industries, so they can also begin to reap the benefits of our proven expertise, science and know-how.”
Manugistics has the unique ability to provide a closed-loop pricing solution – from initial price to markdowns – by synchronizing pricing and demand forecasting for total demand and supply chain management. Manugistics’ Price Planning and Optimization solutions are intelligently designed to seamlessly integrate traditional demand forecasting with pricing, promotions and markdowns for retailers, as well as provide trade-fund optimization with the ability to monitor and collaborate between price increases and promotions for consumer goods companies. For both of these industries, Manugistics’ solutions help simultaneously align their demand with supply, better manage market share and increase customer satisfaction, as well as enhance revenues and gross margin.
Manugistics’ pricing solutions help companies achieve their revenue and profit targets everyday. Representing a wide-range of industries, customers that have implemented Manugistics’ revenue management and pricing solutions include DHL Aviation, KLM, El Al Airlines, Great North Eastern Railway, Harrah’s, Caesars Entertainment, Inc., Marriott International Inc. and Circuit City.
“Applying Manugistics popular pricing optimization solutions to the retail and consumer goods industries is yet another testament to Manugistics’ commitment to the changing needs of its customers in a wide variety of industries,” said Kosin Huang, Program Manager
Business Applications & Commerce, Yankee Group. “The Company continues to lend its deep-domain expertise and industry knowledge to a dynamic market environment and bring sophisticated price optimization solutions to its customers. Manugistics is poised to continue its leadership position within the Retail and Consumer Goods industries.”
About Manugistics Group, Inc.
Manugistics powers the synchronized supply chain. Today, more than 1,200 clients depend on Manugistics to position them one step ahead of demand. With Manugistics` unparalleled supply chain and revenue management solutions, clients achieve maximum forecast and inventory accuracy, leverage industry leading pricing and yield management solutions to maximize profits while ensuring constant supply for constantly changing demand. Its clients include industry leaders such as AT&T, BMW, Boeing, Caesars Entertainment, Canadian Tire, Cingular, Circuit City, Coca-Cola Bottling, Coty International, Delta Air Lines, DHL, Diageo, Dixons, DuPont, Eurostar Railway, Georgia-Pacific, Great North Eastern Railway (GNER), Harley-Davidson, Harrah`s Entertainment, H.J. Heinz, John Deere, LL Bean, Limited Brands, Kraft Foods, Marriott, McCormick, Nestle, Nissan, RadioShack, The Scotts Company, Sears, Sinotrans, Unilever and Wickes Building Supplies. For more information, go to www.manugistics.com.
Press Contacts:
Sheila Blackwell
Manugistics Group, Inc.
301-255-5486
sblackwell@manu.com
Kristine Gager
Edelman
202-326-1747
kristine.gager@edelman.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 and recent organizational changes. 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.
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