Global leader in powersports selects software for multistage inventory planning and optimization
PITTSBURGH, PA - January 7, 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 Polaris Industries Inc. (NYSE: PII).
"We selected SmartOps as a key element in our ongoing focus on operational excellence," explains Bill Fisher, Vice President, CIO/GM Service of Polaris. "The SmartOps approach will allow Polaris and our dealerships to focus both on continued cost efficiency and increased customer responsiveness."
"In today's business environment it is critical that companies find a proper balance between customer service and working capital," says Sridhar Tayur, chief executive officer of SmartOps. "Companies such as Polaris are looking for a 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.
With annual 2007 sales of $1.8 billion, Polaris designs, engineers, manufactures and markets all terrain vehicles (ATVs), including the Polaris RANGER(TM), snowmobiles and Victory motorcycles for recreational and utility use. Polaris is a recognized leader in the snowmobile industry; and one of the largest manufacturers of ATVs in the world. Victory motorcycles, established in 1998 and representing the first all-new American made motorcycle from a major company in nearly 60 years, are rapidly making impressive in-roads into the cruiser and touring motorcycle marketplace. Polaris also enhances the riding experience with a complete line of Pure Polaris apparel, accessories and parts, available at Polaris dealerships. Polaris Industries Inc. trades on the New York Stock Exchange under the symbol "PII," and the Company is included in the S&P Small-Cap 600 stock price index. Information about the complete line of Polaris products, apparel and vehicle accessories is available from authorized Polaris dealers or anytime from the Polaris homepage at www.polarisindustries.com.
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.
Senior Vice President