TEWKSBURY, Mass.-November 12, 2001-Yantra Corporation (www.yantra.com),
the leading provider of multi-enterprise commerce management solutions,
"leads the market" for distributed order fulfillment according to AMR
Research. Yantra was named the leader in this rapidly growing category
over a variety of companies including i2 Technologies (Nasdaq: ITWO).
"Yantra Corporation leads the market based upon product maturity and number
of customers," wrote Chris Newton, Senior Analyst, Supply Chain Strategies,
in the AMR Research Alert on October 23rd. "The company just released
Version 4.0 of its Multi-Enterprise Commerce Management Suite," he added.
"More importantly, Yantra is landing big names with customers such as
Eastman Chemical, Hallmark, Target, Motorola, Enron Industrial Markets,
and APL Direct Logistics."
Distributed order fulfillment, or multi-enterprise order management, as
Yantra refers to the category, is a new class of software that helps companies
grow revenue while driving down order and inventory costs across multi-channel,
multi-division enterprises. The software provides the next-generation
of order and inventory management, combining enterprise-level commerce
applications with a many-to-many exchange platform.
According to AMR Research`s recent Supply Chain Report, Managing Order
Fulfillment Across the Supply Chain, "The improved visibility and control
over an extended order fulfillment network made possible by automated
distributed order fulfillment products provide companies with immediate
benefits and a quick Return on Investment (ROI)."
The technology leverages existing investments in enterprise resource planning
(ERP) systems such as Oracle and SAP to provide centralized order and
inventory management across complex value chains. These complex value
chains, which combine supply- and demand-networks, include multiple internal
IT systems and divisions as well as external trading partners.
"ERP systems were never designed to coordinate business processes and
workflow in an external environment," states the report. "These systems
lack the application functionality and technical architecture to allow
them to coordinate activities across a distributed fulfillment network."
"With order management costs accounting for one-third to one-half of supply
chain costs, the need is greater than ever for proven solutions that help
companies to more efficiently manage their order and inventory business
processes," said Devdutt Yellurkar, CEO of Yantra. "We are pleased to
be identified by AMR Research as the market leader in this critical category
because of the maturity of our product and its proven effectiveness for
our Global 2000 customers."
AMR Research`s report cites several strengths for Yantra`s Multi-Enterprise
Commerce Suite, including its commerce platform technology, application
functionality and the product being in its fourth release. The report
also indicated several key areas of weakness for Yantra`s competitors,
especially application functionality.
About Yantra
Yantra is the leading provider of multi-enterprise commerce management
solutions. The Company`s applications extend existing enterprise systems
to manage orders, inventory and supply across multiple business units,
regions, divisions, enterprises, suppliers and marketplaces. These solutions
enable significant improvements in the operational efficiency and speed
of extended trading networks.
Yantra`s deep domain expertise in supply chain management enables the
company to provide comprehensive solutions to large enterprises and exchanges.
Customers include leading businesses such as Allogis, APL Direct, Converge,
Eastman Chemical Company, Hallmark.com, Honeywell, Motorola, Reality,
Target and Verticalnet. Founded in 1995, Yantra Corporation is privately
held and based outside Boston, Massachusetts. For more information, visit
www.yantra.com.
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Yantra and the Yantra logo are trademarks or registered trademarks of
Yantra Corporation in the United States and/or other countries. All other
names are trademarks or registered trademarks of their respective companies.
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