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Chainalytics and Optiant Partner to Help Manufacturers Design Profitable Supply Chains
Agreement Brings Together Unmatched Industry Expertise and Award-Winning Technology
Boston and Atlanta - May 14, 2003 - Optiant, Inc. and Chainalytics LLC today announced a new partnership aimed at helping manufacturers cut supply chain-related costs - and lay the groundwork for sustained success. Combining best-in-class technology with expert analysis and strategy, the companies will offer unparalleled insight and intelligence - critical for designing optimized supply chains.
The deal comes as manufacturers - many having already implemented lean policies - seek elusive answers for boosting business performance during a prolonged economic downturn. This is especially challenging for manufacturers of consumer products, both durable and non-durable, and their trading partners dealing with increasingly complex supply networks and facing a host of new business realities: shortened product lifecycles, exaggerated seasonality, fickle consumer demand and geopolitical instability. As a result, companies are now seeking an approach that will enable supply chain responsiveness and deliver rapid, measurable ROI.
To meet this demand, Chainalytics will leverage PowerChain™, Optiant's award-winning supply chain design and inventory optimization software suite, to help new and existing clients design efficient supply chains and create inventory strategies that drive business performance and profitability.
"To truly optimize a complex supply chain, manufacturers need the tools and intelligence to evaluate strategic inventory decisions that best balance cost and service trade offs across the supply chain," said Jeffery Metersky, vice president, supply chain strategy. "By partnering with Optiant, we can offer our customers a proven and award-winning optimization technology that has already delivered millions of dollars in savings to Fortune 1000 manufacturers."
Chainalytics provides leading manufacturers, wholesalers, and retailers with consulting and outsourcing services combined with market-leading technology needed to achieve double-digit cost reduction and service improvements in their supply chain. Specializing in the application of advanced decision sciences technology, Chainalytics supports improved strategic, tactical and operational decision-making for complex supply chain networks.
"Operational efficiency is good, but to truly accelerate profitability - and ultimate success - today's manufacturers also need to be strategic," said Mike Braatz, vice president of business development at Optiant. "Chainalytics has the unmatched and highly specific expertise required to help leading manufacturers adapt to today's market conditions and position themselves to thrive."
Optiant's award-winning software and expert services give manufacturers the tools they need to evaluate the impact of decisions made at all stages of the supply chain. By providing a comprehensive view of the overall supply chain and weighing decisions against key business indicators, Optiant's PowerChain helps manufacturers design supply chains that deliver unparalleled results that dramatically reduce costs and deliver the right product, in the right amount at the right time.
About the companies
Chainalytics specializes in providing leading companies advanced consulting and outsourcing services to improve supply chain performance. Specializing in the application of advanced decision sciences technology, Chainalytics supports improved strategic, tactical and operational decision-making in the areas of supply chain strategy, transportation planning and inventory planning. The company's powerful combination of analysis, technology, and methodology enables clients to achieve and sustain double-digit cost reductions and customer service improvements, resulting in millions of dollars of value creation. Chainalytics serves mid- to large-size enterprises with complex supply chains, with special emphasis on companies in retail, wholesale and manufacturing of consumer durable and non-durables.
Optiant is a pioneer in the emerging market of supply chain design and optimization. Optiant's flagship software solution, the PowerChain™ suite, enables global organizations to design and configure optimal supply chains, solving real-world problems today. PowerChain determines cost-effective inventory placements and integrates supply chain strategy into sourcing and distribution processes for quantifiable results in less than ninety days. Optiant has proven that intelligent inventory policies improve customer service levels and provide rapid ROI by driving out millions of dollars of associated costs from complex supply chains. Our roster of blue-chip clients, including Global 1000 discrete manufacturers, utilizes Optiant's expertise to design competitive supply chains and innovative inventory policies. PowerChain solutions are built on patent-pending optimization technology based on more than ten years of leading-edge research and industry partnerships at the Massachusetts Institute of Technology. Optiant is a privately held company headquartered in Boston, Mass., and can be reached at www.optiant.com or (781) 238-8855.
Optiant and PowerChain Suite are trademarks of Optiant, Inc. All other trademarks are property of their respective owners.
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