ADVISORY/ SupplyWorks Presents Online Seminar On Minimizing Inventory and Costs Through Supplier Relationship Management -SRM-.

Business/Technology Editors

ADVISORY...for Wednesday (June 20)

--(BUSINESS WIRE)

Online Seminar to Explore Inventory Strategies, Implementation

Methods and Strengthening Supplier Relationships

WHAT: "Using Supplier Relationship Management (SRM) to Reduce Inventory
(Without Bringing Production to a Halt!)" When the current downturn hit, many
manufacturers were flush with inventory, based on forecasts built during the
boom times. Most were not aligned with their suppliers around the need to react
quickly to keep inventory costs low. As a result, many manufacturers are still
wrestling with obsolete or excess parts and materials. Inventory has always
been a "necessary evil." Too much inventory can result in skyrocketing costs,
loss of competitive edge, and the risk of write-offs. Too little, and
production grinds to a halt, expediting runs rampant, and competitors steal the
best customers. The key is managing inventory so it's "just right." A new class
of software applications, termed Supplier Relationship Management (SRM), can do
just that. This online seminar will delve into how to synchronize supply and
demand and leverage the supply base through SRM to significantly reduce working
inventories and costs. WHO: Michael Cote, CPM Sr. Product Manager, SupplyWorks,
Inc.    Mr. Cote is a senior product manager for SupplyWorks(R) MAX(TM), the
first and only Web-based production procurement solution designed specifically
for leading-edge discrete manufacturers, and formerly the Director of Materials
at Applied Science, a supplier to the semiconductor industry. He brings more
than 20 years of purchasing experience to the topic. WHEN: Wednesday, June 20,
2001 2:00 p.m. Eastern Time DURATION: 30 Minutes (including real-time Q&A)
MEDIA: Members of the media are invited to attend free of charge. To register
online, please visit http://www.supplyworks.com/se minar/junereg_ma.htm WHERE:
The seminar will be hosted online. You need only Web browser access to attend.
After registering, you will receive detailed instructions via e-mail for
logging in and participating.

About SupplyWorks

SupplyWorks, Inc. is a leading provider of supplier relationship management (SRM) solutions that optimize the flow of production parts and materials for discrete manufacturers. The Company's Web-based solutions enable organizations to significantly increase competitive advantage, enhance market reaction time and flexibility, and strengthen financial performance. SupplyWorks is headquartered in Bedford, MA, and is backed by Atlas Venture, North Bridge Venture Partners and New Meadows Capital. Information about SupplyWorks and its solutions is available on the Internet at www.supplyworks.com or by calling 781.301.7000.