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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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United States Postal Service selects LogicTools for Network Design
One of the largest distribution networks in the world is optimized with LogicNet PlusTM |
May 1, 2002 |
Chicago, May 1st, 2002... LogicTools was selected by the United States Postal Service (USPS)
as the vendor for software and modeling support for the Network Integration and Alignment Project. This project is a major focus of the USPS as it attempts to streamline and become more efficient. Postmaster General John E. Potter, speaking to more than 2,500 delegates attending the National Postal Forum April 22, 2002 stated that “Plans also call for the Postal Service to evaluate its network of postal retail facilities and mail processing plants to strengthen the network, strengthen service performance, and reduce costs.”
LogicTools was selected after the USPS and its main contractor for the project, consulting firm PricewaterhouseCoopers, went through a detailed selection process of many network design software vendors. “The need to analyze one of the most complex distribution networks in the world requires not only the best software tools but also an understanding of modeling that LogicTools is able to provide” says Pranab Shah, Manager, Network Operations Development at the USPS.
The USPS selected LogicNet PlusTM, LogicTools' advanced network design solution, as the platform for USPS network design studies during this project and beyond. LogicNet Plus provides “state of the art” algorithms and ease of use that enable quick turn around of modeling projects and high return on investment. In addition, LogicTools' modeling methodology and supply chain experience provides the support companies need in order to succeed.
About USPS
Since 1775, the U.S. Postal Service has connected friends, families, neighbors and businesses by mail. It is an independent federal agency that visits 137 million homes and businesses every day and is the only service provider to deliver to every address in the nation. The Postal Service receives no taxpayer dollars for routine operations, but derives its operating revenues solely from the sale of postage, products and services. With annual revenues of more than $65 billion, it is the world's leading provider of postal services, offering some of the most affordable postage rates in the world. The U.S. Postal Service delivers more than 46 percent of the world's mail volume-some 207 billion letters, advertisements, periodicals and packages a year-and serves 7 million customers each day at its 40,000 retail locations nationwide.
About LogicTools
LogicTools (www.logic-tools.com), founded in 1995 by David Simchi-Levi, Professor of systems engineering at MIT, offers a comprehensive range of products and services to support strategic and tactical supply chain decisions in a variety of industries. LogicTools' solutions have revolutionized the market by replacing extremely complex, expensive and customized software implementations on the one hand and limited spreadsheet analysis on the other. Providing the capability to optimize the supply chain results not only in significant savings, 5%-10% are typical, but also a clarity of vision and better understanding of the various trade-offs.
LogicTools clients include Black & Decker, ConAgra, Del Monte, General Motors, Kraft Foods, Ryder Systems, SC Johnson, UPS, and many others.
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) and Supply Chain Technology News (January 2002).
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