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LogicTools, a Division of ILOG, Announces Supply Chain Analyst 6.0
LogicTools, a Division of ILOG(R) (NASDAQ: ILOG)(Euronext:
ILO)(ISIN: FR0004042364), the leading provider of strategic and
tactical supply chain optimization solutions, announced today that it
has released Supply Chain Analyst 6.0 (SCA). This solution for supply
chain and inventory optimization brings the ease of use that
LogicTools has been known for to tactical inventory optimization -
where integration with business processes and enterprise systems is
essential to fully benefit from improved safety stock and service
level optimization.
Traditional supply chain planning applications provide basic
single node inventory calculation capabilities but leave the parameter
setting for safety stock and service levels up to the users.
Therefore, most companies do not fully benefit from the capabilities
of this software since these settings are still based on spreadsheet
calculations or rule of thumb approximations. Multi- echelon inventory
optimization can provide sophisticated analysis and product
differentiated strategies for positioning and stocking inventory
throughout the supply chain, including finished goods, WIP, and raw
materials. The outputs of SCA can then be used to feed the traditional
planning applications driving better performance from these systems by
executing to optimal inventory and service level metrics.
"Supply Chain Analyst is now ready to provide users with both
strong strategic and tactical capabilities," said Dr. Michael S.
Watson, Director at LogicTools, a division of ILOG, "Supply Chain
Analyst 6.0 comes with imbedded integration capabilities that makes it
easier and faster to create robust solutions that can be deployed in
an enterprise environment."
Supply Chain Analyst 6.0 has added capabilities that now allow
organizations to use SCA for both strategic and tactical use. SCA 6.0
now incorporates standard technologies including Web Services and Data
Stores that enable the configuration of business and data workflows to
seamlessly integrate SCA with ERP and APS solutions. Automated two-way
flows of data from ERP and APS solutions into SCA allow for tactical
users to monitor and identify exceptions via configurable exception
reports and alerts. User dashboards and configurable reports can be
created to view key performance metrics such as turns, working
capital, and service levels. User overrides with reason codes can be
compared to optimized targets to identify if users are improving or
hurting overall inventory performance.
Web services can also be deployed with composite applications such
as 'Safety Stock Optimizer' which has achieved SAP(R) xAPPs(TM)
Certified - "Powered by SAP NetWeaver(R)" status.
Strategic users of SCA can take advantage of the out- of- the-box
functionality in SCA that allows users to get up and running within 90
days, while tactical users can take advantage of the configurable
business and data flows to fit SCA into the current company ecosystem.
Supply Chain Analysts supports four major modules:
Inventory Analyst for multi-echelon inventory optimization.
Supply Planner for production sourcing and asset planning.
Product Flow Optimization - for network and inventory optimization
solution that targets product flow decisions.
Demand Profiler - for analysis of historical data to create
forecast and forecast error.
About LogicTools
Founded in 1995 by David Simchi-Levi, Professor of Engineering
Systems at MIT, LogicTools, a division of ILOG, provides strategic and
tactical supply chain optimization applications designed to complement
existing IT investments. LogicTools' product suite allows companies to
make a wide range of supply chain decisions, from choosing the best
strategic network design, deciding on the most efficient sourcing
strategy to optimizing inventory placement throughout the different
levels of the supply chain. For more information, please visit
www.logic-tools.com.
About ILOG
ILOG delivers software and services that empower customers to make
better decisions faster and manage change and complexity. Over 2,500
corporations and more than 465 leading software vendors rely on ILOG's
market-leading business rule management system (BRMS), supply chain
planning and scheduling applications, and optimization and
visualization software components, to achieve dramatic returns on
investment, create market-defining products and services, and sharpen
their competitive edge. ILOG was founded in 1987 and employs more than
850 people worldwide. For more information, please visit www.ilog.com.
ILOG is a registered trademark of ILOG, Inc. and ILOG S.A.
LogicTools is a registered trademark of LogicTools, a Division of
ILOG.