Chainalytics and Optiant Partner to Help Manufacturers Design Profitable Supply Chains; Agreement Brings Together Unmatched Industry Expertise and Award-Winning Technology.ATLANTA -- Please replace the release with the following corrected version due to multiple revisions. The corrected release reads: OMER o·mer n. Judaism 1. An ancient Hebrew unit of dry measure equal to 1/10 ephah, about 3.5 liters (3.7 quarts). 2. a. BAKKALBASI JOINS CHAINALYTICS AS VICE PRESIDENT, INVENTORY PLANNING; BAKKALBASI TO HELP CLIENTS ADDRESS SIGNIFICANT INVENTORY IMPROVEMENT OPPORTUNITIES Chainalytics LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control announced today that Omer Bakkalbasi has joined the company as vice president of Chainalytics' inventory planning practice. Bakkalbasi, who comes to Chainalytics from i2 Technologies, will be responsible for leading the development and delivery of Chainalytics' inventory service offerings to leading companies in the manufacturing, wholesale and retail trade, and logistics service provider industries. As a new leader of Chainalytics' inventory practice, Bakkalbasi will grow the company's leading services for strategic inventory planning, which include policy optimization, deployment optimization, service level optimization, multi-echelon inventory optimization, and demand modeling. Omer will help clients create value for their businesses by addressing significant improvement opportunities for managing inventory from raw materials to finished goods, as well as aftermarket parts inventory Noun 1. parts inventory - an inventory of replacement parts inventory, stock list - a detailed list of all the items in stock . "We continue to see growing demand for our inventory optimization services as a result of many macro trends that are placing upwards pressure on inventories. Increased use of offshoring
Offshoring describes the relocation of business processes from one country to another. , rising transportation costs, and escalating service expectations show no end in sight," said Chainalytics 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, Mike Kilgore. "Omer's thought leadership in inventory optimization, commitment to customer success, and analytical skills will be the perfect fit with our culture of excellence. Our inventory planning services will offer the perfect opportunity for Omer to leverage his 16-year track record in applying decision sciences tools and techniques to improving supply chain performance." Prior to joining Chainalytics, Omer served as a director for i2 Technologies' products focused on supply chain strategy, transportation & distribution management, and service parts planning. In addition, Omer has an unbroken track record as a supply chain professional that includes positions at Philips Electronics, 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. , and as an adjunct professor position at Columbia Business School Columbia Business School (part of Columbia University), officially named the Columbia University Graduate School of Business, and also known as CBS, was established in 1916 to provide business training and professional preparation for undergraduate and graduate . Omer holds a Ph.D. in Industrial and Systems Engineering and a M.S. in Manufacturing Engineering Manufacturing engineering Engineering activities involved in the creation and operation of the technical and economic processes that convert raw materials, energy, and purchased items into components for sale to other manufacturers or into end products for from Georgia Institute of Technology Georgia Institute of Technology, in Atlanta, Ga.; coeducational; state supported; chartered 1885, opened 1888. It is a member school in the university system of Georgia. Significant among its facilities and programs are the Frank H. , as well as a M.S. in Business Information Systems and a B.S. in Industrial Engineering from The University of Alabama The University of Alabama (also known as Alabama, UA or colloquially as 'Bama) is a public coeducational university located in Tuscaloosa, Alabama, USA. Founded in 1831, UA is the flagship campus of the University of Alabama System. . "Inventory planning has always had a significant influence on the financial health of any company -- a core process that ties network strategy, demand management, sourcing, transportation and pricing decisions," said Bakkalbasi. "Chainalytics offers an unparalleled combination of supply chain expertise, analytical skills, and advanced decision technologies to address inventory planning issues. Working with the best supply chain minds in the world, I will be able to help market leaders maintain a relentless focus on inventory planning as a key driver for their financial performance." About Chainalytics Chainalytics (http://www.chainalytics.com) specializes in providing leading companies advanced consulting and outsourcing services to improve supply chain performance. Specializing in the application of advanced decision sciences technology, Chainalytics supports improved strategic, tactical and operational decision-making in the areas of supply chain strategy, transportation planning Transportation planning is the field involved with the siting of transportation facilities (generally streets, highways, sidewalks, bike lanes and public transport lines). and inventory planning. The company's powerful combination of analysis, technology, and methodology enables clients to achieve and sustain double-digit cost reductions and customer service improvements, resulting in millions of dollars of value creation. Chainalytics serves mid- to large-size enterprises with complex supply chains, with special emphasis on companies in retail, wholesale and manufacturing of consumer durable and non-durables. |
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