ROCKVILLE, Md. ?June 9, 2003 ?Manugistics Group, Inc. (NASDAQ: MANU), the
leading global provider of supply chain and demand chain optimization solutions,
today announced that CompUSA, Inc., Where America Buys Technology? has selected
Manugistics' Supply Chain Management Solutions for Store-Level Demand and
Replenishment. By using real-time information to update requirements and
dynamically reallocate inventory, CompUSA aims to deliver the right amount of an
item to each store at the right time to drive sales and improve overall customer
service.
CompUSA, with approximately 227 stores in 90 major metropolitan markets, is
one of the largest
technology
retailers offering hardware, software, peripherals, support and service to
retail, corporate, government and educational customers. CompUSA faces the
common retail challenge of keeping high-demand products in stock and within
inventory targets while reducing margin-eroding, end of cycle
markdowns.?Manugistics solutions help CompUSA to adaptively plan this demand and
execute forecasting and replenishment strategies down to the store-level
?helping enhance visibility for inventory allocation. CompUSA expects to drive
margin improvement through more effective planning, reducing obsolete inventory,
limiting markdowns and improving the overall inventory efficiency at the store
level.
"CompUSA chose Manugistics because of its proven reputation for delivering
results, commitment to existing clients and experience," said Harold Greenberg,
vice president, Inventory Management and Logistics at CompUSA. "We look forward
to a long partnership with Manugistics."
"Manugistics understands and is committed to helping leading retailers like
CompUSA address their challenges," says Chris Verheuvel, Vice President Retail
Solutions, Manugistics, Inc. "We are committed to helping CompUSA achieve their
inventory management goals and improve their customer service levels which will
ultimately help drive sales and profitability for the retailer."
Leading high-volume retailers like CompUSA can particularly benefit from the
Manugistics 7 series' open architecture and groundbreaking benchmarks for
scalability, which are proven to help reduce processing cycle times, minimize
hardware costs and enable real time adaptive planning. Manugistics recently
launched its latest upgrade, Manugistics 7.1, which is designed to continue to
deliver deep, industry-specific functionality on architecture that can provide
rapid implementation, interoperability with other IT assets, industry-leading
scalability and lower total cost of ownership.