Manugistics Retail Solution Fast Becoming Preferred Choice Of Industry Leaders
ORLANDO, Fla. July 17, 2001 Manugistics Group, Inc. (NASDAQ: MANU), the leading global provider of Enterprise Profit Optimization[TM] (EPO) solutions the powerful combination of supply chain management and pricing and revenue optimization solutions for enterprises and eMarketplaces, today announced at enVISION2001 that its Retail Solution is fast becoming a preferred choice of leaders throughout the competitive and complex retail industry.
Faced with stock keeping unit (SKU) proliferation, continuous cost pressures, channel convergence and growing customer demands, many of the largest retailers including 9 of the top 15 in the Fortune 500[R] have turned to Manugistics for solutions that can help enhance margins while improving customer service. The company`s clients include industry leaders such as Amazon.com, Canadian Tire, Circuit City Stores, Inc., CVS Corporation, GAP, Inc., Gebr. Heinemann KG, GlobalNetXchange (GNX), Grupo Elektra S.A. de C.V., Levi Strauss & Co., Lowe`s Companies, Inc., Payless Cashways, Inc., RadioShack Corporation, Ross Stores, Inc., Safeway, Inc., Target Corporation, The Great Atlantic and Pacific Tea Company (A&P), The Limited, Inc., The Timberland Company, The TJX Companies, Toys "R" Us, Inc. and Woolworths plc.
"Manugistics is a pioneer in both vendor managed inventory and CPFR, with more than a decade of experience in designing solutions for retailers worldwide," said Jerry Blanford, Manugistics vice president of retail. "Our industry focus, combined with our emphasis on delivering significant benefits within a short period of time, has helped Manugistics become a preferred choice of many of the industry`s largest companies."
The Manugistics Retail Solution employs a proven multi-phase value delivery process that can synchronize a company`s supply-side and demand-side to create a more responsive and flexible supply chain. The solution has helped companies improve global visibility, improve network and asset utilization, and optimize resources. More importantly, the solution is highly configurable to better address the retail industry`s critical business processes such as: sales and operations planning; customer order allocations; replenishment optimization; collaborative forecasting, planning and replenishment (CPFR[R]); collaborative transportation optimization and execution; marketplace enablement; a seamless consumer experience; and pricing and revenue optimization.
"And now, through our pioneering efforts in Enterprise Profit Optimization, we can help retailers define the optimal balance cost-of-goods sold, cost-of-service, and profitability," concluded Blanford.
"Today`s retail industry leaders want end-to-end supply-side and demand-side solutions that can quickly help enhance profitability and improve customer service," said Bruce Culbert, senior vice president, KPMG Consulting, Inc. "We are seeing growing interest from our global customers in solutions that include breakthrough pricing optimization capabilities as companies increasingly seek innovative solutions from leading technology providers to address their critical business processes."
The company has also announced several key technology alliances that are expanding Manugistics offerings for the retail sector. Manugistics and Marketswitch Corporation the industry leader in marketing optimization software have agreed to jointly develop, market and sell a demand-side, promotions optimization solution designed to help companies maximize the return from promotional campaigns. In addition, Manugistics and Spotlight Solutions the leading provider of retail markdown optimization software aim to provide corporations with an end-to-end solution that optimizes product pricing throughout the retail product life cycle from price list optimization, to promotions optimization, to markdown optimization.
About Manugistics Group, Inc.
Manugistics is the leading global provider of Enterprise Profit Optimization (EPO) solutions the first solutions to simultaneously optimize a company`s supply- and demand-side functions. Manugistics EPO and Marketplace solutions help companies lower operating costs, enhance profitability and accelerate growth. The company`s list of clients includes industry leaders such as 3Com, Amazon.com, Boeing, BP, Brown & Williamson, Caterpillar, Cisco Systems, Coca-Cola Bottling, Compaq, DuPont, eConnections, Ford, 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.
FOR ADDITIONAL INFORMATION REGARDING THIS ANNOUNCEMENT, CONTACT THE MANUGISTICS NEWSBUREAU HOTLINE AT 301-984-5330.
Contacts:
Joel Weinshank
Manugistics Group, Inc.
jweinsha@manu.com
301-984-5330
Eamon Bobowski
Ogilvy PR (For Manugistics)
eamon.bobowski@ogilvypr.com
202-736-1652
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This announcement contains forward-looking statements that involve risks and uncertainties that include, among others, anticipated losses, unpredictability of future revenues, potential fluctuations in quarterly operating results, competition, risks related to quarterly performance, risks of system interruption, management of potential growth, and risks of new business areas, international expansion, business combinations, and strategic alliances. 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, 2000, and Quarterly Report on Form 10-Q for the quarter ended November 30, 2000.
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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