SmartOps Announces Reseller Agreement with SAP
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SAP to Resell SmartOps' Enterprise Inventory Optimization Solution to Help Manufacturers Drive Supply Chain Efficiencies and Reduce Costs
Pittsburgh, July 14, 2009 - SmartOps Corporation, the market leader in Enterprise Inventory Optimization (EIO), today announced a reseller agreement with SAP AG, through which SAP will resell SmartOps' Enterprise Inventory Optimization solution as the SAP® Enterprise Inventory Optimization application by SmartOps. Through this agreement, SAP will offer the SmartOps solution as an official SAP solution extension addressing inventory management.
To deal with the challenges of the current economic climate, companies across all industries are aiming to increase cash flow and optimize inventory throughout their supply chains. SmartOps' Enterprise Inventory Optimization solution offers companies the tools to provide powerful insight into their global inventory, thereby allowing improved order accuracy, proper inventory balance and heightened control of operating costs. The ability to meet customer service demands and efficiently manage inventory levels, are vital for companies navigating these difficult economic times, and are key to preparing firms to outperform their peers as the economy turns around.
"We are delighted at this new level in our relationship with SAP," said Sridhar Tayur, CEO of SmartOps "This achievement validates the strength and commitment each company has to inventory optimization and in helping our existing and prospective customers maximize the value they can achieve within their supply chains."
The strong relationship between SmartOps and SAP is supported by a growing number of leading customers, including Wyeth, ConAgra, Dupont and Eastman.
"We are pleased to expand our relationship with SmartOps, helping customers optimize inventory and cash flow, as well as further increase the value derived from investments in SAP supply chain solutions," said Kevin Ichhpurani, senior vice president, Business Development, SAP. "Our relationship with SmartOps is a prime example of how SAP and its partner ecosystem meet specific customer needs."
Third-party solution extensions such as SAP Enterprise Inventory Optimization by SmartOps are sold by SAP. They are a dependable and trusted method for customers to make incremental IT investments that extend the core value of SAP application functionality. With solution extensions, companies can address today's business challenges via offerings developed by independent partners that integrate with SAP software - providing cross-solution and cross-industry functionalities that complement SAP solution capabilities. SAP tests, validates and supports solution extensions to provide high quality, commitment and support.
About SmartOps
SmartOps, the market leader in enterprise-class supply chain optimization solutions, enables companies to manage the uncertainty of complex, multi-stage supply chains to achieve rapid return on investment and long-term, sustainable value. Deploying SmartOps' solutions has dramatically improved supply chain performance at Fortune 1000 and Global 2000 companies in discrete manufacturing, consumer durables and packaged goods, technology, pharmaceutical manufacturing, distribution, and retail industries. Contact SmartOps at 412-231-0115 or www.smartops.com for more information.
Join SmartOps, industry leaders and cutting edge companies on September 28, 2009 at OUTPERFORM in Chicago. Learn how leading companies like Celestica, Eastman Chemical, Wyeth Consumer Healthcare, Estee Lauder and others are strategically managing their global inventories to navigate the difficult economic times and prepare to outperform their peers in the upcoming economic turnaround.
MEDIA CONTACT:
Guy F. Courtin
Director of Marketing
SmartOps Corporation
412-231-0115 x311
gcourtin@smartops.com
