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FOR IMMEDIATE RELEASE |
NEWS RELEASE |
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For Information Contact: LogicTools: Aimee Ortiz (888) 265-4706
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LogicTools Releases Powerful New Versions of Software
Strategic network design tools provide planners with even more flexibility |
April 16, 2002 |
Chicago, April 16th 2002... LogicTools announces the release of new versions of its strategic network design solutions - LogicNet® and LogicNet Plus™. The new releases include significant enhancements such as a redesigned interface for even easier use and greater interaction with Excel, 15% to 50% faster solver speeds, and more flexible transportation options. LogicNet Plus includes some additional powerful new capabilities such as profit maximization.
According to Edith Simchi-Levi, VP Operations of LogicTools, "The new features will provide even more flexibility to supply chain planners. For example, profit maximization allows companies to not only look at how to minimize costs in the supply chain, but also to evaluate specific customers and regions and adjust prices to profitably service customers."
LogicTools specializes in providing decision support solutions with an emphasis on performance and ease-of-use. This has made LogicNet® one of the most widely used strategic network design tools in the market. LogicNet Plus™, which was first introduced in 2001, offers advanced decision support capability for companies who have more complex supply chain networks. Indeed, Inbound Logistics in its March 2002 issue mentions “...Network design and decision support are strategic components of any company's long-term and tactical planning process...LogicTools, based in Chicago IL, has cornered this market...”
Companies that have recently purchased LogicTools products and services include: Alcoa, Black and Decker, Bunge, Edwards Lifesciences, Hewlett Packard, PricewaterhouseCoopers and Union Pacific Corporation.
About LogicTools
LogicTools (www.logic-tools.com), founded in 1995, offers a comprehensive range of products and services to support strategic and tactical decisions in a variety of industries. LogicTools software stands out for its state-of-the-art problem solving algorithms and concise graphical user interfaces. Lean and efficient, LogicTools software offers unparalleled sophistication while running on the accessible Microsoft Windows platform.
LogicTools has been featured in many publications including, Darwin Magazine (2001), eWeek Magazine (February 2002), Inbound Logistics (March 2002, November 2001, January 2001), IOMA's Report on Managing Logistics (January 2002), Parcel Shipping & Distribution (April 2002, April 2001, April 2000), Plant Sites & Parks (2001, 1999), Supply Chain Management Review (January 2002, December 2001), Supply Chain Technology News (January 2002) and Inbound Logistics (March 2002).
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