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Sinotrans Limited Selects Manugistics’ Transportation Management Solutions
Bracknell, UK, 14 February 2005 – Manugistics Group, Inc. (NASDAQ: MANU), a leading global provider of demand-driven supply chain management solutions, has announced that Sinotrans Limited, one of China’s leading logistics companies, has selected Manugistics’ NetWORKS Routing solution including transportation management, reporting and freight pay capabilities to help Sinotrans become one of China’s leading Third-Party Logistics (3PLs) providers.
Sinotrans chose Manugistics in November 2004 to help streamline their business operations and develop a new business model and market. Currently, Manugistics is working with Sinotrans to centralise the company’s transportation and logistics platform to enable centralised transportation planning, execution and monitoring processes. Sinotrans aims to utilise the transportation management system (TMS) solution to improve its logistics service level and develop a new business model which differentiates itself from competitors.
“In our business, an integrated information technology (IT) system is vital to our business development and continuous improvement capabilities,” said Bo Zhou, General Manager of Logistics Development Department, Sinotrans Limited. “With Manugistics, we are able to streamline our business processes and upgrade our logistics management capabilities by leveraging their deep domain expertise and best practices in the software industry to deliver greater value to our customers.”
In addition to supplying Sintorans with its NetWORKS Routing solution, Manugistics will also design a transportation-based optimisation solution and a system design specification. Together, these solutions will provide Sinotrans the ability to monitor and manage planning and event information, receive alerts of any potential problems across the trading network, plan and execute fleet operations – all while seamlessly integrating the company’s internal data.
“Today’s marketplace demands technology solutions that can work seamlessly through
every link in the global supply chain,” said Manugistics President for the Asia Pacific Region, Ken Wallett. “We look at Sinotrans not as a client, but rather as a strategic partner. With this partnership, our goal is to help Sinotrans and its customers become more efficient
with their transportation needs.”
Sinotrans Limited is a joint stock limited company incorporated in the People's Republic of China with China National Foreign Trade Transportation ("Group") Corporation ("Sinotrans Group Company") as its sole promoter. The Company was listed successfully on the Stock Exchange of Hong Kong Limited on February 13, 2003. It is China's leading logistics company boasting an unmatched domestic network comprising 42 subsidiaries and over 1000 domestic affiliated companies. It has eight representative offices and 20 companies abroad offering forwarding and integrated logistics service to customers worldwide.
About Manugistics Group, Inc.
Manugistics powers the demand-driven supply chain. 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, Cingular, Circuit City, Coca-Cola Bottling, Delta Air Lines, DHL, Diageo, DuPont, Harley-Davidson, John Deere, Marriott, McCormick, Nestle, Nissan, RadioShack, Sanmina-SCI 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, continuing weak demand for supply chain management software, the ability of the Company to effectively align its cost structure with revenues, and unintended adverse effects of the Company’s recent restructuring and cost containment initiatives. More information about factors that potentially could affect Manugistics’ financial results is included in Manugistics filings with the Securities and Exchange Commission, including its Annual report on Form 10-K for the year ended February 29, 2004 and Quarterly Report on Form 10-Q for the period ended November 30, 2004. Manugistics assumes no obligation to update the forward-looking information contained on this announcement.
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