SmartOps Enterprise Inventory Optimization Software Licensed by Danfoss A/S
Share:
Global manufacturer selects enterprise software for multistage inventory planning and optimization
PITTSBURGH, PA - January 12, 2009 - SmartOps Corporation, the leading provider of enterprise-class supply chain optimization solutions, announced that its Enterprise Inventory Optimization (EIO) software solution has been licensed by Danfoss A/S.
"SmartOps provides us with a new capability for managing our global inventory position," said Kenneth Bjerregaard, vice president, Danfoss Refrigeration and Air Conditioning, Global Logistics. "We are excited by the prospect of taking large strides in efficiency while keeping customer service a top priority," he added.
"Today's complex, multistage supply chains are difficult to manage using traditional techniques," commented Sridhar Tayur, chief executive officer of SmartOps. "Service-oriented companies such as Danfoss are looking for a highly scalable inventory planning, optimization and analysis solution that enhances supply chain performance."
EIO enables customers to achieve both a rapid return on investment and a long-term competitive advantage by determining the best possible inventory and product availability plan given aggressive customer service goals, time-varying uncertainties, and complex manufacturing and distribution networks. EIO dynamically generates optimal inventory targets for each stage of the supply chain while providing visibility into item-level inventory requirements.
About Danfoss
Danfoss A/S is an international leader in the research, development and production of mechanical and electronic components and solutions. Danfoss products help to heat and cool homes and offices, refrigerate food and control production lines. With innovative mechanical design and electronics, Danfoss provides robust products of high quality, reliability and versatility. Danfoss strives to meet its goals with minimal consumption of raw materials and energy, the least possible impact on its surroundings, and the most efficient use of resources. Danfoss is one of Denmark's largest industrial groups and is based in Nordborg, in southern Denmark.
For more information contact Danfoss at +45 7488 2222 or visit www.danfoss.com.
About SmartOps
SmartOps, the market leader in enterprise-class supply chain optimization solutions, enables companies to manage the uncertainty of complex, multistage 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, pharmaceuticals manufacturing, distribution and retail industries.
Contact SmartOps at 412-231-0115 or www.smartops.com for more information.
MEDIA CONTACT:
Martin Barkman
Senior Vice President
SmartOps Corporation
412-231-0115 x111
mbarkman@smartops.com
