From Optiant: Procter & Gamble Co. (NYSE:PG) has selected Optiant, the premier provider of inventory planning and optimization solutions, to deliver its multi-echelon optimization and inventory placement supply chain strategy. Optiantâ€™s award winning PowerChainâ„¢ Inventory solution is aimed at helping P&G meet the specific challenges of todayâ€™s demand-driven world such as intense competition, product promotion, innovative new product introductions, while maintaining high customer service levels.
â€œWith increasing pressure from retailers to manage product availability on time to meet growing consumer demand, P&G needs a flexible, well-designed inventory planning and optimization solution that can cut supply chain costs and provide exceptional insight into meeting actual demand,â€ said Jonathan Colehower, CEO of Optiant. â€œ
Optiant is thrilled to be working with P&G and with the opportunity to deepen our relationship with the worldâ€™s leading consumer products manufacturer.â€
â€œAt P&G we are continually looking for ways to deliver superior products to our customers faster and at the greatest value. As we continue to grow globally, our focus must remain razor sharp on how to efficiently and excellently manage the shipment and supply of our 300 brands. We are looking forward to our expanded partnership with Optiant to deliver on our multi-echelon inventory planning and optimization goals,â€ said Barry Jacobson, P&Gâ€™s Global Supply Planning Process Owner.
The only inventory planning and optimization solutions provider to offer advanced multi-echelon capabilities, Optiantâ€™s robust PowerChain Suite is targeted to help P&G streamline inventory targets across its diverse product lines.
â€œP&G works with thousands of retailers all around the globe, manufacturing and shipping millions of cases of product on any given day from hundreds of different production locations. The multi-echelon approach gives us end-to-end visibility into our supply network to ensure we make informed inventory recommendations and deliver products both efficiently and with quality,â€ said Aron Olegnowicz, P&Gâ€™s Director of Global Supply Network Solutions.
Optiantâ€™s PowerChain Suite, a Powered by SAP NetWeaverâ„¢ certified solution, drives critical optimization strategies by pinpointing correct inventory configurations that can adapt to fluctuating demand quickly and easily.
â€œThe advancements in Optiantâ€™s PowerChain Suite for Consumer Products provide a powerful solution for industry-leading consumer good companies,â€ said Jonathan Colehower. â€œOptiantâ€™s proven success in this market demonstrates our dedication to building efficient and agile supply chains with the worldâ€™s most successful companies.â€
Optiant, a premier provider of supply chain network design, inventory optimization, and supply chain business intelligence solutions, helps Global 2000 companies optimize bottom-line performance through the creation of the worldâ€™s most responsive and resilient supply chains.
Optiantâ€™s solutions optimally balance resources, total costs, and customer service across the supply chain to deliver greater profitability, increased customer satisfaction, more efficient use of capital, and a resilient supply chain that fully handles uncertainty in supply and demand. Optiant has transformed supply chains for the worldâ€™s leading manufacturers including Black & Decker, Henkel, HP, IKEA, Imation, Intel, Kraft, Microsoft and Sonoco.
Delivering millions of dollars in returns, Optiantâ€™s industry-focused solution, certified for integration by SAP, generates quantifiable business results within 90 days of implementation. Optiantâ€™s solutions are based on award-winning research from MIT and decades of experience dedicated to the identification and realization of supply chain efficiencies. For more information, please visit www.optiant.com.
About Procter & Gamble (NYSE:PG)
Three billion times a day, P&G brands touch the lives of people around the world. The company has one of the strongest portfolios of trusted, quality, leadership brands, including PampersÂ®, TideÂ®, ArielÂ®, AlwaysÂ®, WhisperÂ®, PanteneÂ®, Mach3Â®, BountyÂ®, DawnÂ®, GainÂ®, PringlesÂ®, FolgersÂ®, CharminÂ®, DownyÂ®, LenorÂ®, IamsÂ®, CrestÂ®, Oral-BÂ®, ActonelÂ®, DuracellÂ®, OlayÂ®, Head & ShouldersÂ®, WellaÂ®, GilletteÂ®, and BraunÂ®. The P&G community consists of 138,000 employees working in over 80 countries worldwide. Please visit http://www.pg.com for the latest news and in-depth information about P&G and its brands.
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