BAX Global Delivers On-Time with EXE Technologies; Global 3PL Gets Maximum Return-on-Investment from EXE Technologies' Supply Chain Execution Software.Business Editors & High-Tech Writers DALLAS--(BUSINESS WIRE)--Feb. 27, 2002 Global supply chain execution (SCE SCE (in Scotland) Scottish Certificate of Education SCE n abbr (= Scottish Certificate of Education) → Schulabschlusszeugnis in Schottland ) leader EXE Exe (ĕks), river, c.55 mi (90 km) long, rising in the Exmoor, Somerset, SW England, and flowing S across the Cornwall peninsula, past Exeter to the English Channel at Exmouth. Technologies, Inc. (Nasdaq:EXEE) today announced that BAX Global BAX Global is an international shipping company that is headquartered in Irvine, California, and has other major offices in Australia, Singapore, London, The Netherlands, and Toledo, Ohio. , a $1.8 billion global transportation and supply chain management company, has experienced significant improvements in inventory operations, including quicker turnover and better than 99% accuracy levels, while reducing carrying costs Carrying costs Costs that increase with increases in the level of investment in current assets. for its clients, using EXE's EXceed Fulfill software suite. On a typical business day, BAX Global's logistics centers -- encompassing more than 25 million square feet of space -- manage 750,000 SKUs and an average of 50,000 work orders. They turned to EXE's EXceed Fulfill software, and as a result, BAX Global has seen significant improvements. The company can now easily manage seasonal variations in distribution volume of its supply chain customers, and can take advantage of more gain-sharing opportunities which are based on key performance indicators Key Performance Indicators (KPI) are financial and non-financial metrics used to quantify objectives to reflect strategic performance of an organization. KPIs are used in Business Intelligence to assess the present state of the business and to prescribe a course of action. and metrics, such as inventory velocity and cash-to-cash cycles. "When we originally started our search for a Warehouse Management System (WMS WMS Warehouse Management System WMS Web Map Service (open geospatial consortium specification) WMS West Middle School (Rochester Hills, MI) WMS Workforce Management Software WMS Wechsler Memory Scale ) solution, we knew we needed a rapid deployment, low-cost scalability, and a solution that could be repeated in our worldwide distribution network," said Joey Carnes, president of BAX Global Inc. "EXE has delivered as promised for us, and we are very pleased. We look forward to growing our business relationship with EXE by jointly working on new strategic business development opportunities." "BAX Global wanted a consistent, highly productive automated WMS for its 200 high-volume distribution centers around the world," said Ray Hood, 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. of EXE Technologies. "They originally implemented EXceed at 16 distribution centers, and are extending this solution for their global supply chain customers. They have seen very significant gains in cost-efficiency and overall distribution productivity since this deployment -- including achieving zero statistical defects for one key customer." About BAX Global BAX Global, is an Irvine, Calif. based US$1.8 billion transportation and supply chain management company offering mode-neutral logistics management Logistics Management is that part of Supply Chain Management that plans, implements, and controls the efficient, effective, forward, and reverse flow and storage of goods, services, and related information between the point of origin and the point of consumption in order to meet for business-to-business shippers through a global network of over 500 offices in 123 countries. In North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. , BAX Global offers guaranteed and standard delivery to every major North American North American named after North America. North American blastomycosis see North American blastomycosis. North American cattle tick see boophilusannulatus. business community in addition to international distribution and customs compliance worldwide. For a complete listing of BAX services, visit BAX on the World Wide Web at www.baxglobal.com. About EXE Technologies, Inc. EXE Technologies, Inc. (Nasdaq:EXEE) is a leading provider of supply chain execution software solutions that deliver the vital, frontline supply chain intelligence to drive customer execution decisions and processes. EXE Technologies' products and services help customers worldwide reduce inventory and operational costs while increasing customer loyalty and satisfaction. The company provides global service and support from offices located in North America, Europe, the Middle East, Asia and Australia. For more information about EXE Technologies, Inc., call 214/775-6000 or visit www.exe.com. EXE Technologies, EXE and EXceed are trademarks, registered trademarks or service marks of EXE Technologies, Inc. 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/or other countries. All other trademarks or service marks contained herein are the properties of their respective owners. Statements contained in this press release that are not historical facts may be forward-looking statements, as the term is defined in the Private Litigation An action brought in court to enforce a particular right. The act or process of bringing a lawsuit in and of itself; a judicial contest; any dispute. When a person begins a civil lawsuit, the person enters into a process called litigation. Reform Act of 1995. In some cases, you can identify forward-looking statements by terminology such as "anticipate," "estimate," "expect," "project," "intend," "plan," "believe" and other words and terms of similar meaning in connection with any discussion of future operating or financial performance. Many factors, including the risks outlined from time to time in the documents filed by EXE with the Securities and Exchange Commission, will be important in determining future results. The forward-looking statements contained in this press release include, among other things, statements relating to the capabilities of EXE's software, EXE's ability to implement its software and customers' ability to realize certain results from the implementation of EXE's software. Any and all forward-looking statements can be affected by inaccurate assumptions or by known or unknown risks and uncertainties, including, among other things, the length and complexity of the implementation cycle for EXceed software, which may result in delays and/or customer dissatisfaction. Actual future results may vary materially. |
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