Manugistics Group, Inc. (NASDAQ: MANU), a leading global provider of synchronised supply chain and revenue management solutions, announced that Tyco Healthcare Group LP selected Manugistics in April for its Forecasting, Replenishment and Vendor Managed Inventory (VMI) solutions as part of Tyco Healthcare's strategic imperative to optimise its existing supply chain. The international medical devices manufacturer and distributor selected Manugistics' solutions specifically to improve its responsiveness to market demand, reduce costs and improve its supply chain efficiencies.
"At Tyco Healthcare, we hold quality and efficiency in the highest regard," said Tyco Healthcare Vice President of Supply Chain Planning Glenn Ghostlaw. "We expect the same from our solutions providers and seek out vendors that mirror our expectations and effectively deliver on their promises. Manugistics is well-suited to our needs. We are impressed by their best in class solutions that promise to improve our supply chain processes to achieve maximum results."
Tyco Healthcare plans to implement Manugistics' advanced Forecasting, Replenishment, and Web-enabled Vendor Managed Inventory (VMI) systems to help maximise supply chain performance and enhance profits. These solutions will help Tyco Healthcare make more informed decisions on demand, product availability and shipment delivery.
"In today's demand-driven economy, companies must ensure they know where their products are at all times within the supply chain," said Manugistics Senior Vice President of Consumer Goods Ronald Kubera. "Supply chain applications that facilitate a 'sense and respond' framework allow companies like Tyco Healthcare to better meet and anticipate demand. Tyco Healthcare's selection of Manugistics supply chain solutions demonstrates our leadership position in collaborative planning, forecasting and replenishment."