Guardian Industries Corp. Uses ProSight, Inc. and the pci group's Portfolio Management Solution to View Resource Potential More Clearly
TROY, Mich. & PORTLAND, Ore.--March 26, 2003--ProSight, Inc. and the pci group Help Maximize Use of Capital Assets,
Resources, and Pipeline to Deliver Greatest Return to Organization
The pci group, a leader in implementing proven business and program management solutions, and ProSight, Inc., the experts in portfolio management software, today announced their latest joint enterprise customer, Guardian Industries Corp.
Guardian will use ProSight's portfolio management software, ProSight(TM) Portfolios, in conjunction with the pci group's business performance methodology to optimize Guardian's mix of products, markets, assets and capacity, worldwide.
With more than 19,000 employees and 22 float-glass facilities worldwide, it is critical for Guardian to manage resources and assets to maximize capital return and profits. ProSight Portfolios provides full visibility of Guardian's assets, products, and resources, enabling the company to choose and execute on the right mix of products, to utilize its capacity effectively, and to balance its product mix across business regions and business units. Access to this comprehensive data will help Guardian make sound internal investment decisions, as well as overall business and product decisions.
"By using ProSight Portfolios and the pci group's methods, Guardian is making smart, solid business decisions more easily," said Scott Thomsen, group vice president and Chief Technology Officer of Guardian Industries Corp. "We know that automating our portfolio management process is going to have a large impact on our business and we expect the payback will be quite apparent in less than 12 months."
Guardian will also use ProSight Portfolios to manage its pipeline of R&D projects and track new product innovations that come from their global manufacturing plants. By monitoring intellectual property and innovation through portfolio management, Guardian will be able to track best practices and expand one region or plant's expertise to all other plants.
"We are excited to see companies using portfolio management techniques and software outside of the traditional IT departments," said John Cimral, CEO of ProSight. "Progressive organizations, such as Guardian, are realizing the value of ProSight and pci group's offering throughout their organizations, and using it to choose and manage the right investments for business success."
About Guardian
Guardian Industries Corp., based in Auburn Hills, Mich., is a leading worldwide manufacturer of float glass and fabricated glass products for the commercial and residential construction industries, and one of the world's largest producers of mirrors. Guardian Automotive provides complete exterior systems to the global automotive industry and is a Tier 1, top-100 global automotive supplier. Guardian's Building Products Group includes one of the largest manufacturers of fiberglass in the world and occupies a significant and growing position in the building materials distribution business. Guardian, its subsidiaries and affiliates employ 19,000 people and operate facilities throughout North America, Europe, South America, Asia, Africa and the Middle East.
About the pci group
The pci group, is a results-driven project and portfolio management solution provider headquartered in Troy, Michigan. Pci provides a broad range of program, project and portfolio management services including process and organizational development and IT consulting, in addition to offering training and educational services to large and medium-sized organizations. The company goes beyond business as usual by implementing solutions that are efficient, effective and evolutionary in creating competitive advantages for its clients. Pci clients include DaimlerChrysler, General Motors, Guardian Industries, ComauPico and Federal Mogul. For more information, please visit www.pcigroup1.com. Specific requests or questions can be sent to solutions@pcigroup1.com.
About ProSight
ProSight, the experts in portfolio management for technology leaders, combines software with services and knowledge resources to equip companies with effective oversight of investments, resources and performance, enhancing value visualization and strategic collaboration capabilities -- enterprisewide. ProSight is headquartered in Portland, Ore.
For more information, please visit www.prosight.com. For more information on portfolio management, visit the Portfolio Management Forum at www.portfoliomgt.org.
Note to Editors: ProSight is a trademark of ProSight, Inc.