|
|
|
|
|
|
FOR IMMEDIATE RELEASE |
NEWS RELEASE |
Press Contact: Aimee Ortiz, LogicTools
888-265-4706 or Email
|
|
ICI Paints selects LogicTools' solution for production sourcing
LogicChain® used to optimize point of production decisions based on key drivers |
September 30, 2003 |
Chicago - September 30, 2003 - LogicTools, a leading developer of supply chain planning solutions, announced today that ICI Paints, a worldwide leader in the manufacture and distribution of well-known paint brands, has selected LogicTools' supply chain coordination and master planning solution, LogicChain® to optimize and analyze its production sourcing decisions. LogicChain will enable ICI Paints to make point of production decisions based on key drivers and the impact on the entire supply chain. ICI Paints can analyze various strategies and quantify the results in order to provide better service to customers.
"We believe that production sourcing decisions should be made by looking at all the key drivers of the cost and not only at local production cost. 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." stated Douglas Edwards, Director of Materials & Supply Chain Planning at ICI Paints.
LogicChain has features that are in particular suited towards process industries such as paint and chemical companies, in particular the ability to model tank production. The ability to easily integrate data from various systems makes it a powerful complement to software packages that handle other aspects of the process such as demand planning and production scheduling.
"We are excited to work with ICI Paints on optimizing their production decisions. Our solutions can help companies make informed decisions based on the entire supply chain rather than local decisions based only on production cost." said Dr. Michael S Watson, VP Business Development at LogicTools.
About ICI Paints
ICI Paints is part of the ICI Group (NYSE: ICI), one of the world's largest producers of specialty products and paints. ICI Paints worldwide has 49 manufacturing sites in 25 countries and more than 15,000 employees. Headquartered in Cleveland, ICI Paints' North American operations produce decorative coatings brands such as Glidden, Dulux, Ralph Lauren, Devoe, Fuller-O'Brien, Sinclair, C-I-L paint, Color Your World and Liquid Nails caulks and adhesives. Products are sold through ICI Paints company stores, national/retail outlets and independent dealers in the United States, Canada and Puerto Rico. For more information on the company, visit www.icipaints.com.
About LogicTools
LogicTools (www.logic-tools.com), founded in 1995 by David Simchi-Levi, Professor of engineering systems at MIT, integrates the latest research in optimization and supply chain management with state-of-the-art information technology to provide companies with high quality, easy to use, and affordable software, as well as the methodology and support that helps clients design and maintain efficient supply chains. 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. Optimizing the supply chain results in not only significant savings (typically 5 percent to 15 percent) 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 Weyerhaeuser, Del Monte, General Motors, William Wrigley, Jr. Co., Kraft Foods, Mercer, Ryder Systems, SC Johnson, TruServ, UPS, United States Postal Service and many others.
|
|
|
|
|
Join a Mailing List
