SOURCE: Optiant, Inc.

October 22, 2007 07:00 ET

Optiant Shares Strategies for Mitigating Global Supply Chain Risk at CSCMP 2007 Conference

Building Resiliency and Responsiveness in Global Supply Chains Is Critical to Managing Uncertainty

BOSTON, MA--(Marketwire - October 22, 2007) - Optiant, the premier provider of supply chain network design, inventory optimization technology, and professional services will speak at the Council of Supply Chain Management Professionals (CSCMP) Annual Conference, this week at the Pennsylvania Convention Center in Philadelphia, addressing an escalating business concern that manufacturers face today, supply chain risk management. Sean Willems, chief scientist and co-founder of Optiant, and a representative from P&G's global supply chain team will lead this session, called "Use of Multi-Echelon Management Tools as a Defense Against Global Risk."

The talk acknowledges that today's supply chains exist in an extremely dynamic global environment. Product customization, rising energy, commodity, and labor costs, and new markets located in emerging economies have driven many manufacturers to source and produce goods in globally dispersed regions of the world. The uncertainties and risks associated with increasingly extended supply chains are resulting in bloated inventories to hedge against the unanticipated disruptions in delivery times and supply.

The 18th Annual State of Logistics Report, published by CSCMP, observed that the average investment in all business inventories increased by $109 billion in 2006. Additionally, CFO Magazine recently published its annual Growing Problems: The 2007 Working Capital Survey, making the observation that the nation's largest firms allowed their days inventory outstanding (DIO) to increase 2.1 percent in 2006, overshadowing slight improvements on corporate payables and receivables, and eroding overall working capital improvements.

"Leading-edge manufacturers and retailers are beginning to understand that mitigating supply chain risk goes far beyond the capabilities of a serialized planning process or spreadsheets and excess inventory," said Sean Willems, Optiant. "Rather it requires building efficiency and resiliency in overall global supply chain processes and analytics-based inventory management strategies."

Beginning at 9:30AM, Tuesday, October 23rd, this session identifies intelligence-based technologies that assist in planning for alternative supply chain scenarios, optimize across complex multi-echelons of information and enable common understanding of decision alternatives for all stakeholders in an organization, through fact-based information.

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 through the creation of the world's most responsive and resilient supply chains.

Optiant's solutions optimally balance resources, total costs, and customer service across the 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 Black & Decker, Henkel, HP, IKEA, Imation, Intel, Microsoft and Sonoco.

Delivering millions of dollars in returns, Optiant's industry-focused solution, certified for integration by SAP, generates quantifiable business results within 90 days of implementation. Optiant's solutions 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 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.

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