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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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Over 100 Customers Have Implemented LogicTools Supply Chain Solutions
Leading Companies Are Generating Value from LogicTools' Solutions |
May 22, 2002 |
Chicago, May 22nd, 2002... LogicTools, Inc., a leader in supply chain management, announced today that the company has successfully delivered supply chain software solutions to more than 100 companies in North America.
LogicTools solutions have generated measurable results for many clients, including reduced supply chain costs and increased profitability. For example, a manufacturer with $200 million in sales was able to increase profits by 16%, by increasing revenue by over $7 million and reducing costs by over $4 Million using LogicChain®, the Multi-Site Production Sourcing software. Other implementations include, Black & Decker, ConAgra, Edwards Lifesciences, Fluor Daniel, Gambro, General Motors, Hewlett Packard, Kraft, Peapod, Ryder, Sanmina SCI, TruServ, USCO Logistics, Walgreens, and Weyerhaeuser to name a few.
LogicTools leverages the "state-of-the-art" optimization technology to offer easy to implement Supply Chain Planning solutions including Supply Chain Network Design, Warehouse Capacity Planning, Strategic Sourcing, Inventory Planning and Multi-Site Production Sourcing. “LogicTools has not only provided us with a great decision support tool for supply chain design and analysis, but also expert support and superb responsiveness to our needs.” Bill Kincaid, Ryder System, Inc.
Recently, the United States Postal Service selected LogicTools to help realign its enormous distribution network. According to LogicTools founder and CEO, Dr. David Simchi-Levi, "Our goal is to address the business challenges of the USPS and reduce costs without sacrificing service-level requirements. Analysis by LogicTools will focus on three primary issues: network configuration, including the assignment of ZIP Codes to plants; the role of processing and transportation that each facility should play in the scheme of the overall network; and the transportation and facility capacity required to support the network."
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 has been featured in many publications including, Darwin Magazine (2001), eWeek Magazine (February 2002), Inbound Logistics (April 2002, March 2002), IOMA's Report on Managing Logistics (January 2002), Parcel Shipping & Distribution (May/June 2002: USPS Special Edition, April 2002), Plant Sites & Parks (2001, 1999), Supply Chain Management Review (January 2002, December 2001) and Supply Chain Technology News (January/February 2002).
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