Inventec Signs Agreement for New Momentum Supply Chain Risk Management Software

    SAN CLEMENTE, Calif., Aug. 30 /PRNewswire/ -- New Momentum, a provider
 of Supply Chain Risk Management (SCRM) software for companies who make or
 use electronic components in their products, announced that Inventec signed
 an agreement with New Momentum and its partner, IC Trends. Inventec will be
 using New Momentum's software solution to enhance its current SCRM
 initiatives, particularly in the area of component volatility.
     Inventec, headquartered in Taiwan, is a global supplier of high tech
 products including notebooks, enterprise servers, storage products,
 wireless communications, network applications, consumer mobile devices,
 consumer electronic devices, and wireless solutions.
     New Momentum's CEO, Stu Clifton, commented, "Like most of the high-tech
 companies we work with, Inventec wants to ensure they can meet customer
 demand. Our software solution, which is based on advanced Microsoft .NET
 3.0 technology, provides visibility into a broad variety of unstructured,
 open market data including forums, search engines, B2B sites, and the gray
 market. By integrating this information with their internal system, we give
 Inventec the ability to forecast potential component shortages that could
 lead to costly production shutdowns, missed deliveries and lost revenues."
     "The power of New Momentum's software," said Greg Angel, General
 Manager, IC Trends, "gives us the ability to meet our customers' needs to
 obtain constrained parts and dispose of excess inventory more quickly,
 using less resources and with better results. As an independent distributor
 with global accounts, New Momentum gives us a strong competitive edge."
     About New Momentum
     New Momentum offers supply chain risk management solutions that provide
 tools to reduce operational risk and improve revenue and profits for
 companies who make or use electronic components in their products. Armed
 with New Momentum's open market data, which is difficult or impossible to
 get any other way, enterprises can better manage supply interruptions,
 protect their brand and intellectual property, improve partner compliance,
 reduce surprises in asset valuation and provide excess inventory
 resolution.
 
 

SOURCE New Momentum