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FOR IMMEDIATE RELEASE |
NEWS RELEASE |
Press Contact: Aimee Ortiz, LogicTools
888-265-4706 or Email
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LogicTools releases LogicChain® 6.0
Bridging the gap between supply and demand planning |
Chicago - February 24th, 2004 - LogicTools, Inc., a leading supply chain planning company, released LogicChain 6.0, the latest version of its master planning and resource allocation solution, a critical component of an effective supply chain planning business strategy. LogicChain is used by many manufacturing companies for global sourcing, network transitioning, facility utilization and analyzing the impact of promotions or seasonality.
LogicChain enables point of production decisions based on key drivers that help companies measure the financial impact on the entire supply chain. Using LogicChain, companies can analyze various strategies, quantify results, provide better service to customers, and detect cost reduction opportunities. This master planning solution effectively bridges the gap between detailed production decisions and the impact of demand forecasts on the supply chain.
True to LogicTools' reputation for developing user-friendly yet robust solutions, this release includes many new sophisticated production optimization features; enhanced reporting with Crystal Reports; a new PC*Miler interface; and enhanced network visualization. These enhancements have been triggered by sophisticated implementations by our customers who have found significant savings through supply chain optimization with LogicChain. As stated by Doug Edwards, Director of Materials & Supply Chain Planning at ICI Paints: “...LogicChain® provides the missing link between detailed production decisions and the impact of demand forecasts on the supply chain. We selected LogicTools because according to our analysis of the market it is the ‘best of breed' in supply chain optimization."
LogicChain is part of a comprehensive supply chain planning suite which also includes network design and inventory planning. This suite is the only truly integrated suite of market-leading supply chain planning solutions that deploy the most advanced optimization technology while maintaining ease of use. Enabled by these solutions, companies can transform strategic and tactical supply chain decision-making into ongoing activities as required by current fast moving market conditions. Supply chain planning is an essential complement to ERP, Event Management, production planning and other systems that manage the execution process.
About LogicTools
LogicTools (www.logic-tools.com) is a leading supply chain planning company founded in 1995 by David Simchi-Levi, Professor of engineering systems at MIT. LogicTools provides the expertise, software, services and support that enable comprehensive supply chain planning processes in a variety of industries. LogicTools' suite of supply chain planning solutions includes network design, inventory planning, master planning and resource allocation.
LogicTools has been instrumental in helping companies gain competitive advantage in the market by replacing extremely complex, expensive and customized software implementations on the one hand and limited spreadsheet analysis on the other. Optimizing the supply chain results not only significant savings (typically 5%-15%) but also provides clarity of vision and better understanding of the various trade-offs.
LogicTools has customers across many industries including, CPG, Food, Retail, 3PL, High-Tech, Process & Discrete Manufacturing, Automotive and Public Sector. Some of LogicTools' customers include Del Monte, General Motors, IBM, Kraft Foods, Mercer, Ryder Systems, True Value Hardware, UPS, United States Postal Service, Welch's, Yankee Candle and many others.
Media Contact
For information contact Aimee Ortiz (888-265-4706) or email
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