SAP Customers Choose Optiant's PowerChain Solutions to Extend Functionality of ERP & Advanced Planning Systems
SAP Manages the Data and Execution, Optiant PowerChain Drives the Inventory Strategy and Planning
BOSTON, March 17 -- Optiant, the premier provider of inventory optimization solutions, today announced that some of the largest SAP customers worldwide, like P&G, HP, and Nestle, chose to complement their SAP ERP and Advanced Planning (APS) systems with Optiant's PowerChain Inventory Optimization solution. Optiant gives these companies a supply chain planning tool that complements ERP and APS by incorporating technology that considers not only the transaction data in SAP but also uncertainty in demand, volatile supply costs and delivery timetables, and inaccurate or inconsistent forecasts in the setting of inventory strategy, policies, and targets.
"Optiant PowerChain is the industry's only solution that gives supply chain strategists visibility to all the information needed to improve inventory planning decisions while also delivering an exception-based portal for day-to-day inventory planners to manage targets, shielding them from the complexity of an ERP or Advanced Planning system," said Fred Lizza, CEO of Optiant, Inc. "This is the fastest path for SAP customers to realize value from inventory optimization."
Optiant supply chain design and inventory optimization solutions power global supply chains to operate at peak efficiency by delivering precise inventory levels and locations for the end-to-end supply chain. These inventory targets are used by SAP customers to gain even greater performance improvements.
Simple, web-based tools within Optiant's PowerChain suite help planners determine where and how much stock should be maintained in the supply chain to buffer against supply and demand uncertainties. Planners can manage their assigned SKUs easily and quickly outside of the complexities of ERP and APS systems.
SAP users can employ Optiant's multi-echelon inventory optimization solutions to achieve as much as:
-- 20-30% reductions in inventory balances and holding costs, or more
-- 15-20% reductions in cycle times
-- Dramatic improvements in service levels
Optiant's PowerChain installs and integrates into the SAP environment without long, complex implementation and testing cycles. It does not interfere or de-stabilize the SAP transaction processing environment that companies work so hard to get up and keep running. Yet, since many organizations have a variety of ERP, supply chain planning, or supply chain execution systems from multiple vendors, PowerChain is open architected and easily works with other non-SAP systems.
About Optiant
Optiant, a premier provider of supply chain network design, inventory optimization, and supply chain business intelligence solutions, helps Global 2000 companies optimize bottom-line performance by reducing inventories, freeing up working capital, optimizing supply chain asset utilization and delivering lowest total supply chain costs.
Optiant's solutions optimally balance resources, total costs, and customer service across the entire, extended supply chain to deliver greater profitability, increased customer satisfaction, more efficient use of capital, and a resilient supply chain that fully handles uncertainty in supply and demand. Optiant has transformed supply chains for the world's leading manufacturers including Procter & Gamble, Kraft, HP, IKEA, Intel, Microsoft and Boston Scientific.
Delivering millions of dollars in returns, Optiant's solutions for consumer product, high tech manufacturing and industrial organizations generate quantifiable savings within 90 days of implementation. Optiant's solutions, certified for integration by SAP, are based on award-winning research from MIT and decades of experience dedicated to the identification and realization of supply chain efficiencies. For more information, please visit http://www.optiant.com/.
SAP and other SAP products and services mentioned herein as well as their respective logos are trademarks or registered trademarks of SAP AG in Germany and in several other countries all over the world. All other product and service names mentioned are the trademarks of their respective companies.
CONTACT: John Brewer
+1 781 238 4165
john [dot] brewer [at] optiant [dot] com
Becky Boyd
MediaFirst PR - Atlanta
+1 770 642 2080 x 214
becky at mediafirst.net