SaaS Solution provides insight into corporate profitability.
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Press Release Summary:
Focused on profit-per-time metric, Maxager v7.5 provides dashboard reports that let executives understand areas of strength and weakness in their organizations. It addresses decisions related to products, customers, markets, and production facilities can be made on basis that will optimize profits. Along with profit waterfall chart, solution integrates margin with production run-rate data to provide historical analysis, what-if modeling capability, and variance analysis.
Original Press Release:
Maxager Technology Improves Executive Insight into Corporate Profitability with Maxager 7.5
High-impact visualization of data helps executives ensure revenue and profit goals are met
New York, NY, AMM Steel Success Strategies Show, June 19, 2007 - Maxager Technology, the leading provider of enterprise profit optimization (EPO) solutions, today announced Maxager 7.5. This latest version of Maxager's software as a service solution (SaaS) enables manufacturing executives to easily view key business performance measures based on Maxager's unique profit-per-minute approach. Maxager 7.5 ensures that strategic business decisions related to products, customers, markets and production facilities can be made quickly and on a basis that will optimize profits. Maxager 7.5 provides unique, dashboard reports focused on the long-desired profit-per-time metric, allowing executives to understand areas of strength and weakness in their organizations, and act promptly to improve corporate performance. To make identification of the key drivers of profitability even easier, Maxager 7.5 also offers a new profit waterfall chart that illustrates in detail the revenue and cost components that determine product-line profitability.
To uncover incremental profit optimization opportunities that were previously obscured by traditional "margin-only" analysis, Maxager integrates margin with production run-rate data to provide comprehensive historical analysis, powerful what-if modeling capability and detailed variance-analysis. This unique view into a company's operations, provides all functional organizations - sales, marketing, finance and production - with a common metric to evaluate profitability and improve operational efficiency.
"With Maxager 7.5, manufacturing executives finally have a comprehensive view into the precise sources of profitability for their business," said Michael Rothschild, Founder and CEO of Maxager. "Senior management can now easily identify areas for improvement in corporate performance and take action that will ensure profitability is truly optimized."
Key Features and Benefits
Profit performance reports allow executives to continually monitor critical business operations
o Immediate identification of the most and least profitable products and customers
o Constant tracking of product groups, customer groups, markets, sales regions, production facilities and capacity utilization to identify exceptional or poor performance against profitability goals
o Instantaneous understanding of comparative performance and trends over time
Profit waterfall chart based on profit per minute illustrates key components of profitability
o Visual representation of revenue minus all elements impacting profit such as discounts and rebates
o User-defined granularity available at a high level such as all products or the individual product level
Enhanced report-generation provides business users greater control over reports
o Business users can create exactly the view they need without IT support
o Information is immediately available for analysis
Pricing and Availability
Maxager 7.5 will be generally available on July 15th. For more information about Maxager 7.5, visit www.maxager.com, email us at info@maxager.com, or call +1.888.MAXAGER.
About Maxager Technology
Founded in 1996, Maxager's patented enterprise profit optimization (EPO) solutions help leading chemicals, metals, electronics and other complex manufacturers such as Dow Chemical, Owens-Illinois, Siliconware Precision Industries, and WCI Steel increase cash and profit worth 3-5% of revenue. Uncovering profit gain opportunities that are obscured by traditional "margin only" analysis, Maxager uses both margin and production velocity information to analyze history and generate realistic forward modeling that provides management teams an entirely new level of control over Return on Assets (ROA) - the key driver of shareholder value.
Ideal for manufacturers with a wide range of products, customers and assets, Maxager's unique technology calculates precisely how fast each product, customer, or market generates cash and profit from the assets, allowing managers to truly optimize product mix & customer mix profitability, sales & profit planning, strategic pricing, and production planning. New customers typically begin reaping benefits within 60 days. Maxager is headquartered near San Francisco with offices in Europe and Asia. For more information, visit www.maxager.com or call +1.888.MAXAGER.
