Optiant Launches Supply Chain Design Suite

First Solution Linking Strategic Company Goals With Supply Chain Execution



Inventory Module Ships This Week



Booth #606



Apr 02, 2001, 01:00 ET from Optiant, Inc.

    SUPPLY CHAIN WORLD, NEW ORLEANS, April 2 /PRNewswire/ -- Optiant(TM),
 Inc., (www.optiant.com) today launched its PowerChain(TM) suite -- the first
 set of Web-based applications that helps manufacturers design high-performing
 supply chains that support strategic company goals: profitability,
 time-to-market and customer satisfaction.
     To help manufacturers address shrinking product lifecycles and ever-
 increasing margin pressures, the PowerChain suite repositions the supply chain
 as a strategic asset that can be continually modified to deliver superior
 performance. It provides the first integrated, end-to-end view for designing
 the entire supply chain - linking all of the decisions and stakeholders
 involved in bringing a new product from core concept to the customer.
     PowerChain Inventory, the first module, ships this week, giving
 manufacturers unprecedented ability to manage inventory intelligently --
 defining optimal levels and locations to improve operational flexibility and
 reduce costs.  These recommendations, which can substantially enhance total
 supply chain performance, typically are identified the same day the software
 goes into production.
     Additional PowerChain modules will help manufacturers identify the best
 strategic outsourcing partners and suppliers, and help companies decide when
 to introduce new products and phase out old ones to maximize profit.
     "The supply chain is one of the most competitive weapons that
 manufacturers have," said Marcus Ruark, CEO and co-founder of Optiant.
 "Manufacturers who design and maintain their supply chains for optimal
 performance -- and build in the flexibility to adapt to shifting market
 conditions -- will dominate their markets."
     Optiant's solutions help manufacturers get more value from their existing
 execution systems, like those from i2 and Manugistics. These tools ensure
 smooth and consistent manufacturing production, by focusing on operational
 issues such as daily and weekly production schedules, transaction-handling,
 exceptions and alerts -- rather than decision-making based on a company's
 strategic business goals.
 
     Why Settle for "Rules of Thumb?"
     Companies lock-in 80 percent of supply chain costs the moment they define
 its design and configuration. Until now, the most common methods for
 supporting these complex, strategic decisions have been basic spreadsheets or
 tradition-based "rules of thumb."
     The PowerChain suite lets manufacturers design and manage the entire
 supply chain as a single, unified process. The software's graphical interface
 clearly links the dozens -- or even hundreds -- of steps involved in
 acquiring, storing, assembling and distributing raw materials, work-in-process
 and finished goods.
     For the first time, manufacturers and their partners can quickly test
 multiple "what-if" scenarios and immediately quantify the impact of a single
 decision on the entire supply chain. This flexibility to identify the best
 option and understand how to cost-effectively reconfigure the supply chain to
 address significant market shifts is particularly important when companies
 need to respond to rapidly changing market conditions, like increased market
 demand or sudden component scarcity.
     "End-to-end critical decision-making for the entire supply chain is a
 bright spot for growing opportunity," said Lance Gordon, senior analyst at
 Frost & Sullivan in a new report, 'B2B to F2B: Discovering the Factory-to-
 Business Missing Link.' "That's been nearly impossible in the past, but
 Optiant is one company that's bridging that gap between the CEO's business
 strategy and day-to-day operations by providing end-to-end optimization of the
 supply chain."
     PowerChain Inventory's core technology originated at MIT's Sloan School of
 Management and Operations Research Center. Early customers include several
 Fortune 500 manufacturers.
     The company targets manufacturers whose businesses are characterized by
 complex supply chains, high inventory costs and the need for rapid time-to-
 market. This includes companies in the electronics and telecommunications
 industries and contract electronics manufacturers.
     The software is sold as part of a complete solution, with Optiant's
 manufacturing and operations specialists providing on-site consulting,
 implementation and training.
     Optiant, founded in 2000 and headquartered in Somerville, Mass., is a
 privately held company, and can be reached at www.optiant.com and at (617)
 625-1435.
 
     Optiant and PowerChain are trademarks of Optiant, Inc.
     All other trademarks are property of their respective owners.
 
      Company Contact:
      Michael Braatz
      (617) 625-1435 Ext. 234
      michael.braatz@optiant.com
 
      Media Contacts:
      Corporate Ink
      (617) 969-9192
      Susan Bassett
      sbassett@corporateink.com
      Megan Sayce
      msayce@corporateink.com
 
 

SOURCE Optiant, Inc.
    SUPPLY CHAIN WORLD, NEW ORLEANS, April 2 /PRNewswire/ -- Optiant(TM),
 Inc., (www.optiant.com) today launched its PowerChain(TM) suite -- the first
 set of Web-based applications that helps manufacturers design high-performing
 supply chains that support strategic company goals: profitability,
 time-to-market and customer satisfaction.
     To help manufacturers address shrinking product lifecycles and ever-
 increasing margin pressures, the PowerChain suite repositions the supply chain
 as a strategic asset that can be continually modified to deliver superior
 performance. It provides the first integrated, end-to-end view for designing
 the entire supply chain - linking all of the decisions and stakeholders
 involved in bringing a new product from core concept to the customer.
     PowerChain Inventory, the first module, ships this week, giving
 manufacturers unprecedented ability to manage inventory intelligently --
 defining optimal levels and locations to improve operational flexibility and
 reduce costs.  These recommendations, which can substantially enhance total
 supply chain performance, typically are identified the same day the software
 goes into production.
     Additional PowerChain modules will help manufacturers identify the best
 strategic outsourcing partners and suppliers, and help companies decide when
 to introduce new products and phase out old ones to maximize profit.
     "The supply chain is one of the most competitive weapons that
 manufacturers have," said Marcus Ruark, CEO and co-founder of Optiant.
 "Manufacturers who design and maintain their supply chains for optimal
 performance -- and build in the flexibility to adapt to shifting market
 conditions -- will dominate their markets."
     Optiant's solutions help manufacturers get more value from their existing
 execution systems, like those from i2 and Manugistics. These tools ensure
 smooth and consistent manufacturing production, by focusing on operational
 issues such as daily and weekly production schedules, transaction-handling,
 exceptions and alerts -- rather than decision-making based on a company's
 strategic business goals.
 
     Why Settle for "Rules of Thumb?"
     Companies lock-in 80 percent of supply chain costs the moment they define
 its design and configuration. Until now, the most common methods for
 supporting these complex, strategic decisions have been basic spreadsheets or
 tradition-based "rules of thumb."
     The PowerChain suite lets manufacturers design and manage the entire
 supply chain as a single, unified process. The software's graphical interface
 clearly links the dozens -- or even hundreds -- of steps involved in
 acquiring, storing, assembling and distributing raw materials, work-in-process
 and finished goods.
     For the first time, manufacturers and their partners can quickly test
 multiple "what-if" scenarios and immediately quantify the impact of a single
 decision on the entire supply chain. This flexibility to identify the best
 option and understand how to cost-effectively reconfigure the supply chain to
 address significant market shifts is particularly important when companies
 need to respond to rapidly changing market conditions, like increased market
 demand or sudden component scarcity.
     "End-to-end critical decision-making for the entire supply chain is a
 bright spot for growing opportunity," said Lance Gordon, senior analyst at
 Frost & Sullivan in a new report, 'B2B to F2B: Discovering the Factory-to-
 Business Missing Link.' "That's been nearly impossible in the past, but
 Optiant is one company that's bridging that gap between the CEO's business
 strategy and day-to-day operations by providing end-to-end optimization of the
 supply chain."
     PowerChain Inventory's core technology originated at MIT's Sloan School of
 Management and Operations Research Center. Early customers include several
 Fortune 500 manufacturers.
     The company targets manufacturers whose businesses are characterized by
 complex supply chains, high inventory costs and the need for rapid time-to-
 market. This includes companies in the electronics and telecommunications
 industries and contract electronics manufacturers.
     The software is sold as part of a complete solution, with Optiant's
 manufacturing and operations specialists providing on-site consulting,
 implementation and training.
     Optiant, founded in 2000 and headquartered in Somerville, Mass., is a
 privately held company, and can be reached at www.optiant.com and at (617)
 625-1435.
 
     Optiant and PowerChain are trademarks of Optiant, Inc.
     All other trademarks are property of their respective owners.
 
      Company Contact:
      Michael Braatz
      (617) 625-1435 Ext. 234
      michael.braatz@optiant.com
 
      Media Contacts:
      Corporate Ink
      (617) 969-9192
      Susan Bassett
      sbassett@corporateink.com
      Megan Sayce
      msayce@corporateink.com
 
 SOURCE  Optiant, Inc.