Chris Klopper/ Alison Joyce
+44 (0)20 7928 7676
Wickes Implements Manugistics Solution to Improve Home Delivery Business
Manugistics' Proven Commitment to Retail Results in New Projects with DIY Giant
BRACKNELL, UK, 30 March 2005 - Manugistics (NASDAQ:MANU), a leading global provider of synchronised supply chain and revenue management solutions, has implemented its retail forecasting and replenishment solutions at Wickes Building Supplies, the UK home improvement products retailer.
Following rapid expansion, Wickes, which has 171 stores across Britain and a turnover of approximately £1billion, has been using Manugistics for its in-store business since 1999. Recently the company extended the solution to improve the efficiency of its home delivery business that supplies the in-store showroom conservatories, bedrooms and kitchens direct to homes. The retailer selected Manugistics again to improve forecast accuracy, reduce warehouse stock, improve out-of-stocks and increase customer satisfaction.
"The project is part of a strategic initiative by Manugistics to help retailers in today's hypercompetitive world achieve results by solving their complex supply chain challenges through an intense understanding of their consumers, and by working in collaboration with their suppliers," said Manugistics Head of European Operations Ronald Kubera. "A host of large retailers already use Manugistics software and services including Dixons, Sears, IKEA, Woolworths, McDonalds, The Limited and Albertsons."
Wickes, a DIY (Do It Yourself) retailer, serves customers and tradesmen who undertake general repairs, maintenance and improvement projects for households. Driven by the Easter holiday, the peak demand season for Wickes, it wanted to maximise efficiency of its supply chain operations. The DIY firm chose the Manugistics solution following an extensive assessment, which included sourcing references from prominent UK retailers Dixons and Woolworths in conjunction with talking to retailers in the United States. Manugistics not only provided new forecasting and replenishment solutions for Wickes' home delivery business, but also updated the existing system for the in-store business with the latest forecasting and replenishment tools.
"Making sure the products are on the shelf is an imperative for our company," said Wickes Distribution Director Steve Horne. "Manugistics is already delivering benefits with the delivery of the project in just over three months and within budget."
"We offer a complete solution to retailers, combining best of breed supply chain software with expertise in solving complex supply chain problems, to help them stay one step ahead of customer demand," said Kubera. "Retail is a key area for Manugistics and it is testament to our commitment and ability to the industry that Wickes received positive feedback when it approached our other retail clients."
Wickes will speak on enhancing the supply chain to support retail business growth at Manugistics' enVISION conference in Atlanta, Georgia, 1-4 May 2005. Wickes will join a host of other European firms including Dixons, IKEA, H.J.Heinz Europe and Royal Numico at the event, which will showcase best practices and success stories from demand and supply chain innovators. To register for Manugistics' enVISION 2005 conference, and for the latest event information, visit www.manugistics.com/envision2005
About Manugistics Group, Inc.
Manugistics powers the synchronised supply chain. Today, more than 1,200 clients depend on Manugistics to position them one step ahead of demand. With Manugistics' unparalleled supply chain and revenue management solutions, clients achieve maximum forecast and inventory accuracy, leverage industry leading pricing and yield management solutions to maximise profits while ensuring constant supply for constantly changing demand. Its clients include industry leaders such as AT&T, BMW, Boeing, Caesars Entertainment, Canadian Tire, Cingular, Circuit City, Coca-Cola Bottling, Coty International, Delta Air Lines, DHL, Diageo, Dixons, DuPont, Eurostar Railway, Georgia-Pacific, Great North Eastern Railway (GNER), Harley-Davidson, Harrah's Entertainment, H.J. Heinz, John Deere, LL Bean, Limited Brands, Kraft Foods, Marriott, McCormick, Nestle, Nissan, RadioShack, The Scotts Company, Sears, Sinotrans, Unilever and Wickes Building Supplies. 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 and recent organizational changes. 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.
This press release was distributed by ResponseSource Press Release Wire on behalf of Mulberry Marketing Communications in the following categories: Consumer Technology, Business & Finance, Computing & Telecoms, for more information visit https://pressreleasewire.responsesource.com/about.