Arthur Andersen Forms Global Alliance with Maxager Technology.Business Editors/High-Tech Writers SAN RAFAEL San Rafael (săn rəfĕl`), residential city (1990 pop. 48,404), seat of Marin co., W Calif., a suburb of San Francisco on the northern shore of San Francisco Bay; inc. 1913. , Calif.--(BUSINESS WIRE)--May 1, 2000 Agreement Integrates Consulting with Precision Bidding Software to Help Suppliers Maximize Profitability and Prepare for Online B2B (Business to Business) Refers to one business communicating with or selling to another. See B2B e-commerce, B2C and B2G. B2B - business to business Markets Today Arthur Andersen For the U.S. Supreme Court case commonly known as Arthur Andersen, see . Arthur Andersen LLP, based in Chicago, was once one of the "Big Five" accounting firms (the other four are PricewaterhouseCoopers, Deloitte Touche Tohmatsu, Ernst & Young and KPMG), performing and Maxager Technology, Inc. announced a global alliance to help suppliers maximize the profitability of their production operations and prepare for the world of eBusiness. By combining Arthur Andersen's broad consulting expertise with Maxager's revolutionary Advanced Profit Analysis(TM) and Precision Bidding(TM) software, companies will have access to real-time profitability and pricing information vital to success in newly emerging, fast-paced eMarkets. Manufacturers planning to sell goods via online reverse auctions and exchanges will be able to use Maxager(R) to bid more intelligently and profitably. "Our clients will benefit from our alliance with Maxager because it will help them harvest higher profits, despite the downward pricing pressure caused by eMarkets," said Joseph P. Sener, worldwide director of Arthur Andersen's Maxager practice. "The real-time data Real-time data denotes information that is delivered immediately after collection. There is no delay in the timeliness of the information provided. Some uses of this term confuse it with the term dynamic data. Maxager provides is crucial to manufacturers planning to enter the eBusiness arena. Without such information, we believe their ability to compete will be compromised." "The sudden emergence of B2B auctions means that manufacturers need far more precise, real-time information about the true profitability of their products and customers. B2B auctions are changing the rules of the competitive game. Bidding for orders in online markets without the powerful analytics Maxager provides will prove very risky," explained Michael Rothschild, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. and president of Maxager. "By partnering with Arthur Andersen, we will be able to provide more manufacturers with the solution they need to compete profitably in online marketplaces." Under the agreement, Arthur Andersen will train over 150 consultants on the Maxager application. The companies will execute joint marketing activities around the world. Arthur Andersen will provide tactical and strategic consulting for clients using Maxager-generated information, and will work with Maxager Technology to help clients configure, install and integrate Maxager into their operations. Arthur Andersen will provide the consulting services Noun 1. consulting service - service provided by a professional advisor (e.g., a lawyer or doctor or CPA etc.) service - work done by one person or group that benefits another; "budget separately for goods and services" necessary to achieve higher manufacturing profits using Maxager. Initially launched in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. and then expanded into Japan, this partnership will now quickly roll-out across the Pacific Rim Pacific Rim, term used to describe the nations bordering the Pacific Ocean and the island countries situated in it. In the post–World War II era, the Pacific Rim has become an increasingly important and interconnected economic region. , Europe and Latin America Latin America, the Spanish-speaking, Portuguese-speaking, and French-speaking countries (except Canada) of North America, South America, Central America, and the West Indies. . "Arthur Andersen's support will make it possible for Maxager to positively impact the bottom lines of world-class manufacturers around the globe," said Steve Levy
Steve Levy (born March 12, 1965), is currently a journalist for ESPN. Before working for ESPN, he worked in New York for WFAN. , vice president of Global Alliances at Maxager. The revolutionary Advanced Profit Analysis software solution measures a factory's profit-per-minute and analyzes how much more profit could be achieved by adjusting the product mix and solving specific production problems. Maxager's continuously updated reports show management teams exactly where to uncover hidden profits and how to dramatically accelerate profit flow. About Arthur Andersen Arthur Andersen's vision is to be the partner for success in the new economy. The firm helps clients find new ways to create, manage and measure value in the rapidly changing global economy. With world-class skills in assurance, tax, consulting and corporate finance, Arthur Andersen has more than 72,000 people in over 80 countries that are united by a single worldwide operating structure that fosters inventiveness, knowledge sharing and a focus on client success. Since its beginning in 1913, Arthur Andersen has realized 86 years of uninterrupted growth, with 1999 revenues of over $7 billion. Arthur Andersen is a business unit of Andersen Worldwide Andersen Worldwide Société Coopérative (AWSC) was a Swiss-based entity which managed the global offices of accounting firm Arthur Andersen. It was also the parent corporation of Andersen Consulting (now called Accenture) before its split in 2000. . For more information, visit the web site at www.arthurandersen.com. About Maxager Technology, Inc. Maxager Technology offers the only sell-side business-to-business solution that enables manufacturers using traditional sales channels or online eMarkets to bid most profitably. Maxager helps relieve downward pricing pressures through high-precision, real-time cost and profit analysis. Manufacturers can use Maxager's real-time information to determine the most profitable product mix and pricing for their business and to prioritize pri·or·i·tize v. pri·or·i·tized, pri·or·i·tiz·ing, pri·or·i·tiz·es Usage Problem v.tr. To arrange or deal with in order of importance. v.intr. production problems that erode profits. Maxager supports suppliers in industries as diverse as automotive, chemicals, consumer packaged goods Noun 1. packaged goods - groceries that are packaged for sale foodstuff, grocery - (usually plural) consumer goods sold by a grocer plural, plural form - the form of a word that is used to denote more than one , electronics, metal, semiconductors, steel, paper, plastics and textiles. The company, headquartered in San Rafael, was one of Computerworld's 100 Emerging Companies to Watch in 2000. You can learn more about Maxager Technology and Maxager on the Web at www.maxager.com. Note to Editors: Advanced Profit Analysis, Precision Bidding and Maxager are registered trademarks of Maxager Technology, Inc. |
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