Partners Jump Start the Motor Vehicles and Parts Industries
24 June 1998
Manugistics and Benchmarking Partners Jump Start the Motor Vehicles and Parts Industries with a Collaborative Supply Chain Initiative
DETROIT, June 24 -- Manugistics Group, Inc. ,
the world's most recognized name in supply chain management, announced today
that it is the first company to join a working group formed to introduce an
industry-standard Collaboration, Planning, Forecasting, and Replenishment
(CPFR) initiative to the motor vehicles and parts industry. Together,
Manugistics and Benchmarking Partners, a research and consulting firm
specializing in demand and supply chain strategy, will lead an industry group
comprised of leading automotive suppliers, manufacturers, and distributors.
The working group will develop an Internet-based technology framework to
support trading partner collaboration in the automotive supply chain. CPFR
will enable companies to achieve bottom-line benefits of implementing an
extended supply chain solution, including speed-to-market; faster customer
demand responsiveness; improved profitability; decreased cycle time; and
increased customer service.
"Integration, optimization, and collaboration will be integral to the
future success of motor vehicles and parts players across the supply chain as
they strive for increased profitability and enhanced customer service," said
Dan Wecker, director of motor vehicles and parts industry marketing for
Manugistics. "Manugistics is committed to delivering customer-centric supply
chain optimization solutions to ensure rapid results throughout the motor
vehicles and parts supply chain."
Manugistics, and Benchmarking Partners sponsored a joint executive
briefing session to address the role of supply chain management within the
motor vehicles and parts industry. The conference, held recently in Detroit,
was attended by more than 20 major auto makers, parts manufacturers and
distributors and addressed several key collaboration issues within the
extended supply chain.
"Companies today are collaborating across the supply chain to link
suppliers, distributors and manufacturers together, enabling organizations to
ensure rapid delivery of products to their customers," said John Waraniak,
industry director for the automotive practice at Benchmarking Partners. "We
are excited to be able to prepare automotive enterprise stakeholders -- from
parts suppliers through retailers -- for the next millennium by initiating a
partner collaboration strategy that will bring competitive advantage to all
parties involved."
In addition to supporting the Benchmarking Partners CPFR initiative,
Manugistics has extended its commitment to the motor vehicles and parts
industry by establishing a center of excellence in the Detroit area at 2000
Town Center, Southfield, MI. This will help motor vehicles and parts
companies rapidly develop and implement customer centric supply chain
solutions. For more information on Manugistics' motor vehicles and parts
solutions, contact Dan Wecker at 248-351-1750.
Founded in 1994, Benchmarking Partners (http://www.benchmarking.com) is the
leading value chain best practice research and consulting firm and is focused
on the intersection of business and technology. The firm's Best Practice
Membership Network and ROI Life Cycle services enable clients to achieve a
strategic and tangible return on investment from their information management
systems across the global value chain. Benchmarking Partners' team of
specialists set the standard for in-depth, industry-specific expertise in
business process and information technology. The firm consults with senior
executives of multinational manufacturers, distributors, retailers, health
care providers, financial services companies, and information systems solution
suppliers.
Headquartered in Rockville, Md., Manugistics, Inc. is the world's most
recognized name in supply chain management and has the largest global client
base of any supply chain provider. The company's solutions are used by more
than 630 companies to improve the flow of product within and among companies
from raw materials or parts through manufacturing to delivery of product to
the end customer. Manugistics' solutions for customer-centric supply chain
optimization uniquely allow its clients to create and optimize their supply
chains around their customers and are quick to implement, adapt easily to
change and deliver rapid results. Its clients include leading companies such
as Compaq, Harley-Davidson, Nike, Frito-Lay, Wal-Mart, DuPont, and Nortel.
Manugistics, the Manugistics logo, and working as one are registered
trademarks. All other products or company names mentioned are used for
identification purposes only, and may be trademarks of their respective
owners. Additional information about Manugistics can be found at the company's
site on the World Wide Web, at http://www.manugistics.com.