Contact:
Laura Janes
Manugistics Group, Inc.
ljanes@manu.com
301-255-5330
Gil Chorbajian
Ogilvy PR (For Manugistics)
gil.chorbajian@ogilvypr.com
202-721-9725
Complete Replenishment Plan for 520 Million Product/Location/Days in 1 Hour and 40 Minutes in Full-Scale Production Testing Environment
ROCKVILLE, Md., October 22, 2002 -- Manugistics Group, Inc. (Nasdaq: MANU), the leading global provider of supply chain management and pricing optimization solutions, today announced an "industry first" scalability performance, creating a 42-day stock-keeping replenishment plan, processing over 520 million elements in one hour and 40 minutes.
During recent testing for a major U.S. supermarket chain at the IBM Benchmark center in Dallas, Texas, the Manugistics retail solution, on an IBM eServer p690 system running AIX 5L, completed a record 42-day horizon replenishment plan run of 12.4 million stock keeping units (SKUs) in just one hour and 40 minutes -- the equivalent of 520 million item/local/day elements processed in a full-scale production testing environment. The run time of one hour and 40 minutes calculates to an unprecedented 7.4 million SKU or 312 million elements processed in an hour with room to increase the volume while shortening overall run time.
"High-volume retailers need an exceptional level of performance, scalability, and robust planning capability, to adequately forecast and meet customer needs today and into the future," said Gene Alvarez, Vice President at METAGroup.
The Manugistics large-volume, highly scalable retail solution is designed to enable clients to provide more accurate sales forecasts to the store and SKU level. By creating a more accurate optimized distribution plan, the solution helps enable major multi-national and high volume retailers set optimal inventory levels and decide appropriate product mix and storage capacity across their fulfillment networks -- better ensuring that supply meets demand while minimizing inventory investment. The Manugistics retail solution can help specifically address appropriate seasonal pre-builds and optimal lane volumes to maximize customer service during the holiday season and other peak periods.
"Retailers need to deliver the right product to customers where and when they want it, and at a price the customer is willing to pay in order to maintain customer loyalty, sustain competitive advantage and enhance margins," said Jeff McKinney, Manugistics executive vice president, and president of Americas operations. "That is why, for retailers, this kind of industry-first, high volume scalability and accurate, robust planning performance down to the store level is imperative."
Many of the world`s largest retailers, including 6 of the top 10 in the FORTUNE 500® have turned to Manugistics for solutions that can help enhance margins while improving customer service. The company`s clients include industry leaders such as Canadian Tire Corporation, Circuit City Stores, Inc, GlobalNetXchange (GNX), H.E.B. Grocery Company, Kohl`s Corporation, RadioShack Corporation, Ross Stores, Inc., Safeway, Inc., Staples, Inc., The TJX Companies, Toys "R" Us, Inc and Winn-Dixie Stores Inc.
About Manugistics
Manugistics leads the industry in delivering innovative pricing and supply chain software solutions. Today, more than 1200 clients trust Manugistics to help them reduce costs, increase revenues and enhance margins. The company provides comprehensive solutions for supply chain management, service and parts management, pricing and revenue optimization, and supplier relationship management. Its clients include industry leaders such as 3Com, AT&T, Amazon.com, BMW, Boeing, Caterpillar, Cisco Systems, Circuit City, Coca-Cola Bottling, Compaq, Continental Airlines, DaimlerChrysler, Diageo, DuPont, Fairchild Semiconductor, Ford Motor Company, General Electric, Harley-Davidson, Kraft, Nestle, RadioShack and Unilever. For more information, go to www.manugistics.com.
FORWARD LOOKING STATEMENT
This announcement contains forward-looking statements that involve risks and uncertainties that include, among others, continuing economic and political uncertainty, the timing and degree of business recovery, anticipated losses, unpredictability of future revenues, potential fluctuations in quarterly operating results, unexpected competition, risks related to quarterly performance, risks of new business areas, international expansion, business combinations and strategic alliances, lengthening of sales cycles for software products and services, and the effectiveness of the cost reduction efforts undertaken by Manugistics and their impact on the company’s ability to operate its business. A decreased demand for enterprise application software due to weakened economic conditions could result in decreased revenues or lower revenue growth rates. 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 28, 2002 and Quarterly Report on Form 10-Q, for the quarter ended August 31, 2002. Manugistics assumes no obligation to update the forward-looking information contained in this announcement.
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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