Manugistics' Latest Release Delivers Powerful Scalability And Performance, Lower Total Cost Of Ownership
Next Generation Architecture in Manugistics 7.1 Enables Real-Time Adaptive Planning and Execution Across Supply & Demand Chains
BRACKNELL, UK - 28 July 2003 - Manugistics (Nasdaq: MANU) a leading global provider of supply chain management and pricing optimisation solutions, today announced Manugistics 7.1 - the second major release in the Manugistics 7 series - delivering new and innovative capabilities for enterprises to enhance visibility and responsiveness across their supply and demand chains. This powerful architecture delivers faster implementation and lower cost of ownership for the CIO and CFO, and accessible, high performance tools for users.
"Leading organisations around the world are gaining a competitive advantage from their supply and demand chains, managing complex levels of interdependence with business partners to help ensure timely and cost-effective production and delivery of goods. Manugistics 7.1 provides our clients with the flexibility and scalability to stay competitive in a fast moving marketplace," commented Greg Owens, Manugistics' chairman and chief executive officer. "We are now able to couple planning and execution functions more closely than ever, providing clients with visibility across global operations, and the power and flexibility to react in real time to marketplace events."
Powerful New Architecture
Manugistics 7.1 is built on J2EE open standards for application development, application-to-application integration, portal connectivity, and business process management. It is web-client architected and meets extreme scalability requirements. Manugistics 7.1 is built to deliver deep, industry-specific functionality on an architecture that provides rapid implementation, interoperability with other IT assets, industry leading scalability and lower total cost of ownership. Manugistics 7.1 delivers:
· Interoperability - web services and real-time API's reduce integration costs and improve synchronisation with heterogeneous systems
· Flexibility - the 7.1 suite is highly configurable at the user interface, business logic, and data levels, decreasing migration costs and minimising required business process changes
· Scalability - the Manugistics 7 series is achieving groundbreaking benchmarks for scalability, which helps reduce processing cycle times, minimises hardware costs and enables real time adaptive planning
"The one constant in business is change. A dynamic enterprise application architecture built on open standards, that is innately designed for change, provides today's enterprises with the critical ability to use their applications to react to inevitable shifts in market conditions," commented Andrew White, Research Director, Gartner Research. "A key marker of success in implementations is achieving a low total cost of ownership (TCO) with strategic systems, while ensuring that the system designed to optimise operations today will be able to scale and adapt to whatever comes next for your business."
Closing the Gap Between Planning and Execution
Today's business environment is becoming increasingly less predictable. Manugistics 7.1 delivers new and improved execution capabilities that dynamically interact with strategic and operational planning processes and systems to help companies monitor operations in real time. The increased visibility provided by Manugistics 7.1 allows users to more quickly respond to unplanned network events to minimise their impact on business performance. In addition, Manugistics 7.1 provides predictive analytic capabilities, which are designed to recognise repeating patterns of past business disruptions. Clients are then able to use this information to modify and adapt their ongoing plans, preventing repeat occurrences of common business disruptions. The results:
· Plans which better reflect the realities and events occurring in the business.
· Execution which is more systematically driven by optimised business plans.
Driving Business Results with Manugistics 7
Demand and supply chain excellence is achieved through the pursuit of continuous improvement. The Manugistics 7 series provides the deepest and most industry specific functionality yet in demand management, manufacturing and supply management, logistics management, and service and parts management. Key capabilities that are being enhanced in the Manugistics 7 series include:
· Real Time Visibility: Real time visibility and event management provides supply chain transparency from purchase order through proof-of-delivery based on the use of a metadata engine to rapidly connect to and create user configurable views and queries to Manugistics and non-Manugistics data.
· Adaptive Planning and Automated Resolution: Additional pre-built and configurable exception rules with resolution paths further automate this real-time process.
· Activity Management: Assigns a multi-step execution or activity sequence for planned orders and shipments so that exceptions can be proactively detected and addressed.
· Self Learning & Auto Tuning: Statistical process control techniques are used to correlate operational events and exceptions to planning and optimisation models and parameters, and to adjust planning models to ensure planning better reflects the realities of the business.
Manugistics is a leader in delivering innovative pricing and supply chain software solutions. Today, more than 1,200 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 optimisation, and supplier relationship management. Manugistics has offices in Australia, Belgium, Brazil, France, Germany, Hong Kong, Italy, Japan, Mexico, The Netherlands, Singapore, Spain, Sweden, Taiwan, the United Kingdom and United States.
Its clients include industry leaders such as AT&T, Airgas, BMW, Boeing, Brown & Williamson, Caterpillar, Cisco Systems, Circuit City, Coca-Cola Bottling, Continental Airlines, DaimlerChrysler, Diageo, DuPont, Fairchild Semiconductor, Ford Motor Company, Harley-Davidson, Nestle, RadioShack, Smith & Nephew and Unilever. For more information, go to http://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 S
ecurities 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 November 30, 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 Optimisation 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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