SAK Logistics Changes Name to Invistics; Helping Manufacturers Increase Inventory Visibility and Analysis
ATLANTA--Aug. 2, 20037, 2003--SAK Logistics, a leading provider of lean manufacturing software that accelerates plant performance, today announced a name change to Invistics, Inc. Founded in 1999, the company is renaming itself Invistics to represents their keen focus on inventory visibility and analytics in manufacturing operations.Although the name is new, Invistics has a four-year track record of helping manufacturers improve plant performance. Invistics applies flow or pull-based manufacturing techniques to complex manufacturing environments, including the pharmaceutical, electronic, industrial product and metal industries. Invistics enables manufacturers to realize substantial business benefits, such as reduced cycle times, increased on-time customer deliveries and more products shipped.
Invistics clients, spanning the market from DuPont to Bristol-Myers Squibb, have reduced inventory and cycle times by an average of 50 percent, while simultaneously increasing on-time deliveries to 99 percent. These dramatic results are achieved with Invistics advanced proprietary algorithms, developed in conjunction with leading researchers from MIT, Georgia Tech and Duke.
"With the proven success of our solutions and endorsement by the National Science Foundation, we are confident we are making a significant difference in the market - helping manufacturers have new insights and new views into their operations," said Tom Knight, CEO of Invistics. "As Invistics, we will continue to deliver on our commitment to provide outstanding results inside the factory and across the supply chain."
About Invistics, Inc.
Invistics, Inc. (formerly SAK Logistics) helps manufacturers improve supply chain performance by identifying, understanding and reducing sources of variability. By combining the talents of manufacturing veterans with operations research scholars from MIT, Invistics has overcome the obstacles of implementing lean production in highly complex manufacturing environments. Clients including DuPont and Bristol-Myers Squibb have improved visibility and teamwork - from manufacturing executive to shop floor operator - by using Invistics' FlowPath Management System to optimize, run and analyze their manufacturing operations. FlowPath's Internet-native architecture allows customers to implement in a week and begin realizing the benefits of lower inventory costs, reduced cycle times and improved on-time delivery within a month. For more information, please visit www.invistics.com or call 877-233-6442.