Critical for Growing Margins in Competitive Markets
BOSTON and RALEIGH, NC (October 5, 2004) — Tompkins Associates, the operations-focused supply chain consulting and integration firm, has joined with Optiant to provide hundreds of manufacturing clients with the most advanced supply chain design technology available today. Tompkins Associates’ consultants will use Optiant’s PowerChain® Suite of software to create flexible, competitive strategies for its clients, which include John Deere, Rubbermaid, Philip Morris, BMW and Coca Cola.
Manufacturers in all sectors are looking for new ways to overcome the cost versus service battle, and improve performance on both fronts simultaneously. Consumer goods companies — a stronghold of Tompkins’ customer base — face added pressure from big-box retailers who know that having the right items on the shelves at the right time is the best way to make a profit. For these manufacturers, PowerChain determines the right inventory levels and locations for each product, based on the each company’s unique business goals. Tompkins also sees the opportunity to introduce supply chain optimization to its retail customers facing similar challenges.
“Many of our customers have mastered factory-floor efficiency, and turn to us to take supply chain performance to a new level,” said John Spain, partner at Raleigh, North Carolina-based Tompkins Associates. “Our clients see the incredible potential of inventory optimization — especially as complex, global operations make frequent adjustments nearly impossible without the right technology.”
Optiant’s PowerChain® software quickly determines the best inventory strategies from infinite “what if” scenarios — transforming organizations that relied on spreadsheets and PhDs to right-size the targets every week, every month, every quarter. By creating a holistic view of the entire, global supply chain, PowerChain lets companies assess the dollar impact of every decision, from offshore outsourcing to alternative trade routes when disruption strikes. Version 5.0, which includes new internationalization capabilities, was released last week.
“Tompkins Associates works with the companies who define excellence in operational performance and who consistently raise the bar on that definition,” said Dan Ross, CEO of Optiant. “We’re pleased to be a part of Tompkins’ portfolio for helping its clients stay ahead through world-class supply chain management.”
Optiant and PowerChain Suite are trademarks of Optiant, Inc. All other trademarks are property of their respective owners.
Tompkins Associates is the leading operations-focused consulting and integration firm, specializing in end-to-end supply chain solutions. Customers look to Tompkins' expertise to develop and implement strategies for intelligent solutions in distribution center design, warehouse strategic planning, distribution network configuration, transportation system planning, system integration and implementation, logistics and manufacturing outsourcing, and supply chain optimization. As consultants and integrators for more than 30 years, Tompkins offers a proven track record and deep industry expertise for solutions that reduce costs and improve overall supply chain performance. The company is headquartered in Raleigh, NC. For more information, visit www.tompkinsinc.com.
Optiant is a pioneer in the emerging market of supply chain design and optimization. Optiant's flagship software solution, the PowerChain® suite, enables global organizations to design and configure optimal supply chains, solving real-world problems today. PowerChain determines cost-effective inventory placements and integrates supply chain strategy into sourcing and distribution processes for quantifiable results in less than ninety days. Optiant has proven that intelligent inventory policies improve customer service levels and provide rapid ROI by driving out millions of dollars of associated costs from complex supply chains. Its roster of blue-chip clients, including Global 1000 discrete manufacturers, utilizes Optiant's expertise to design competitive supply chains and innovative inventory policies. PowerChain solutions are built on patent-pending optimization technology based on more than ten years of leading-edge research and industry partnerships at the Massachusetts Institute of Technology. Optiant is a privately held company headquartered in Boston, MA, and can be reached at www.optiant.com or (781) 238-8855.
Optiant Contact: Holly Allison, (781) 238-8855
Optiant Media Contacts: Corporate Ink, (617) 969-9192
Susan Bassett or Tricia Burke
Tompkins Contact: John Foley, (919) 855-5461
Tompkins Media Contact: Myra Schwartz, (919) 855-5533
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