Nicola Austin/Chris Klopper
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Rémy Cointreau Goes Live with Manugistics' Supply Chain Management Solutions
BRACKNELL, UK - 15 December 2003 - Manugistics (Nasdaq: MANU), a leading global provider of demand and supply chain management solutions, today announced that Rémy Cointreau has gone live with Manugistics' collaborative sales forecast management and distribution flow optimisation solutions.
The Rémy Cointreau group, a worldwide leader in the wines and spirits sector, is using Manugistics' solutions to help enable collaborative demand estimation through its subsidiaries, and distribution network optimisation from the production units to the end customer. The Rémy Cointreau group intends to improve customer service and reduce logistic costs significantly and sustainably through three main priorities: flow optimisation, inventory reduction, and visibility throughout the supply chain.
"The integration of Bols (a Dutch company), together with organisational changes has enabled us to launch a large-scale strategic project - enhancing the efficiency and collaboration throughout our supply chain - which will be fully operational within the next year. By combining these improvements in purchasing, production and distribution processes, this project, over and above its qualitative aspect, aims to generate a 5 % recurrent savings on total supply chain cost, as well as give us the increased visibility and agility we need in our business," declared Damien Lafaurie, Director of Operations for Rémy Cointreau. "Manugistics proved to us that its solutions and capabilities meet both the present and future needs of our group, and further demonstrated to us its capacity to deliver within the set timeframes" added Gilles Pougnet, Remy Cointreau's Corporate IT Director.
The Manugistics solution has been installed initially in Europe and the United States, and is being used primarily by the Group's forecasters and flow coordinators. It will become the main vector of supply chain optimisation and of collaboration with the sales forces and the distributors of the group's brands.
"Manugistics has a proven track record in the implementation of SCM solutions in the food and beverage sectors in general, and in the spirits market in particular. Proven solutions and industry-specific expertise guarantee a rapid return on investment as well as a long-lasting partnership. Rémy Cointreau is thus joining a growing number of international companies which have implemented Manugistics SCM solutions to ensure their long-term competitiveness," explains Ron Kubera, Manugistics' senior vice president, Northern Europe.
About Rémy Cointreau
Rémy Cointreau is a major player in the international wines and spirits industry. Leader in superior quality markets, Rémy Cointreau produces and distributes prestigious brands such as Rémy Martin, Cointreau, Passoa, Bols and Galliano liqueurs, Mount Gay Rum, Bols vodka and Metaxa as well as Charles Heidsieck and Piper-Heidsieck champagnes. A high awareness of changes in consumption patterns, a swell as an understanding and knowledge of its markets, drives the quest for innovation for each of Rémy Cointreau's brands.
Manugistics provides the industry's most comprehensive, best-in-class demand and supply chain management solutions. Today, more than 1,200 clients trust Manugistics to help them drive profitable growth, unlock the value of their existing IT investments, and ensure the security and integrity of their global supply chains. Its clients include industry leaders such as AT&T, BMW, Boeing, Brown & Williamson, Cingular, Circuit City, Coca-Cola Bottling, Continental Airlines, Diageo, DuPont, Fairchild Semiconductor, Harley-Davidson, John Deere, McCormick, Nestle, Nissan, 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 S
ecurities and Exchange Commission, including its Annual Report on Form 10-K for the year ended February 28, 2003 and Quarterly Report on form 10-Q for the period ended August 31, 2003. Manugistics assumes no obligation to update the forward-looking information contained in this announcement.
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