SOURCE: Steelwedge


November 24, 2010 00:04 ET

Steelwedge Opens Sales Office in India to Meet Demand for S&OP in South Asia

HYDERABAD, INDIA--(Marketwire - November 24, 2010) -  Steelwedge, the leader in Cloud-Based Sales and Operations Planning (S&OP) solutions, announced today that it has established a sales organization in India to support growing demand for next-generation S&OP technology from firms operating in South Asia. John Sookias, Managing Director of Steelwedge International, will direct the company's sales and customer service activities in the region.

The need for collaborative S&OP technology continues to spread rapidly across the globe as manufacturing and services companies have prioritized the need to better manage demand volatility while maintaining supply chain flexibility. The Steelwedge solution has proven to be a powerful, cost-saving corrective in today's uncertain economy as it allows companies to more accurately forecast customer demand, align inventory and supply plans with business and financial targets, and ensure executive control throughout the process.

"Companies in India can leverage the Steelwedge solution to ensure predictable revenue and margin, improve forecast accuracy, optimize inventory, and drive on-time delivery performance," explained Mr. Sookias. "Our breakthrough S&OP platform offers manufacturers a competitive edge by providing capabilities to effectively and efficiently manage their complex and rapidly growing operations."

The Steelwedge S&OP solution enables companies in manufacturing industries like aerospace, chemicals consumer products, high-tech and telecommunications to work collaboratively to "sense" demand, balance sales and capacity trade-offs, and optimize business operations to maximize profitability and performance. The solution's One-Click Planning™ process drives communication and consensus among the sales, marketing, finance, operations and supplier communities, allowing decision makers to assess market demand, evaluate "what-if" scenarios, align sales and production plans, and measure performance. Deployed via the Cloud, Steelwedge provides a scalable and secure solution that is easy to implement and affordable.

"Our well-established presence in Hyderabad and partnerships with local and global institutions positions us to address the growing need for next-generation sales forecasting, demand planning, and S&OP solutions in India. We look forward to providing hands-on service to our rapidly expanding client base in the region," explained Glen Margolis, CEO of Steelwedge.

About Steelwedge
Founded in 2000, Steelwedge supercharges Sales and Operations Planning (S&OP) with the power of automated collaboration and analytics. We build consensus among sales, marketing, finance, and the supply chain so that companies can work from a single plan toward shared goals. Executives depend on Steelwedge to understand fluctuating demand, balance sales and capacity trade-offs, and measure performance against strategic goals. With more Cloud-based S&OP deployments than all our competitors combined, Steelwedge is proud to serve leading companies including Air Products, DIRECTV, General Electric, Hewlett-Packard, Juniper Networks, Sara Lee and Syngenta.

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