Yantra Extends Leadership in Multi-Enterprise Order and Inventory Management
Version 4.0 Builds On Years of Proven Experience In Rapidly Growing, Strategic Application Category
TEWKSBURY, Mass. - October 15, 2001 - Yantra Corporation (www.yantra.com), the leading provider of multi-enterprise commerce management solutions, today announced the immediate availability of Version 4.0 of its multi-enterprise order and inventory management suite. The new release extends Yantra`s product leadership by providing best-of-breed order and inventory management functionality fully integrated with dynamic business process modeling, role-based participant management, deep event and alert management and business performance measurement.
Target, Motorola, Enron Industrial Markets and APL Direct Logistics were among the first customers to take delivery of the new 4.0 release which was shipped on September 30th.
In today`s rapidly changing, fragmented business environment, companies have a critical need to aggregate, coordinate and manage orders and inventory across multiple channels, divisions, trading partners and suppliers. Distributed order and inventory management enables companies to sell more products across more channels, manage constantly changing supply chains, and coordinate extended supply, service and distribution networks. Yantra`s multi-enterprise commerce solutions provide the core backbone to enable companies with complex value chains to respond to shifts in customer demand and supply more quickly, driving down cycle times and costs while driving up order fill rates and customer satisfaction.
"Extended order management is the most strategic application in the supply chain. It links demand and supply in real time and extends vital supply chain operations," according to Kevin O`Marah, Research Principal, Supply Chain Strategies at AMR Research. According to a recent AMR MarketAnalytix report, order and inventory management applications will account for up to 24% of corporate spending on supply chain management applications by 2005, making it one of the fastest growing categories within supply chain management (SCM).
"This release further solidifies our product leadership in the multi-enterprise order and inventory management space," said Robert Sweeney, VP Product Management at Yantra. "Several large supply chain and ERP companies are talking a lot about this capability, but Yantra is the only company actually delivering on it. Our application is uniquely capable of managing the entire end-to-end order lifecycle of sales, service and purchase orders across extended value chains."
"Solid architecture underpins Yantra`s Multi-Enterprise Commerce Management," commented AMR Research in its August 21 AMR Alert. "Yantra has built an infrastructure layer - a common data model, transaction workflow, participant management and event management - from the ground up to meet four objectives: Interoperability, scalability, extensibility and multi-enterprise commerce management."
Over 40 companies worldwide-across industries such as high-tech, retail, logistics, chemical, energy and consumer products-have purchased solutions within Yantra`s multi-enterprise commerce suite to manage orders and inventory across diverse operational areas.
Key new features of the Version 4.0 release include:
Scenario Management - the next generation of Yantra`s business rules and workflow management. This capability provides a visual tool for business process modeling of multi-enterprise order and logistics scenarios enabling dynamic tailoring of a process to the unique requirements of each participant or market.
New Participant Modeling - improves collaboration among trading partners outside the enterprise. It includes a user tool for modeling and defining participant organizations, roles-based visibility and business rules that determine how each participant`s portion of the linked business process is managed.
New Interoperability Framework - increases the flexibility of Yantra`s solutions with a more scaleable and reusable architecture to speed integration within an enterprise and across multiple trading partners.
New Multi-Enterprise Catalog Management - extends Yantra`s multi-enterprise suite by managing, aggregating and associating disparate item data across multiple entities.
Multi-Enterprise Analytics - leverages the rich data captured by Yantra`s multi-enterprise platform. Version 4.0 provides cross-enterprise performance metrics using Cognos Impromptu and PowerPlay business intelligence applications. Users can easily collect, query and report mission critical transaction data across their extended trading networks.
About Yantra
Yantra is the leading provider of multi-enterprise commerce management software solutions. The Company`s solutions extend existing enterprise systems to manage orders, inventory and supply across multiple business units, regions, divisions, enterprises, suppliers and marketplaces and improve the operational efficiency and speed of multi-enterprise 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 Logistics, Eastman Chemical Company, Enron, 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.
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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