Cutter & Buck Dresses for Success With Business Objects.Business Editors/High-Tech Writers SAN JOSE San Jose, city, United States San Jose (sănəzā`, săn hōzā`), city (1990 pop. 782,248), seat of Santa Clara co., W central Calif.; founded 1777, inc. 1850. , Calif.--(BUSINESS WIRE)--Dec. 3, 2002 Leading Apparel Maker Uses Business Intelligence to Manage Increased Demand for Data Among Business Managers As business managers tee off the new quarter with greater demand for business data, Business Objects (Nasdaq:BOBJ BOBJ Business Objects SA ), the world's leading provider of business intelligence (BI) solutions, announced today that Cutter & Buck, Inc. has implemented a Business Objects solution to access, analyze, and share information with a broad group of decision makers. Using Business Objects, this leading high-end apparel maker for golf, corporate, and specialty retailers will provide business managers with critical performance indicators on sales, costs and inventory, while reducing the workload of its technical staff. For the past six months, Business Objects has been instrumental in helping Cutter & Buck with a company-wide reorganization. The changes, which decentralized de·cen·tral·ize v. de·cen·tral·ized, de·cen·tral·iz·ing, de·cen·tral·iz·es v.tr. 1. To distribute the administrative functions or powers of (a central authority) among several local authorities. business functions such as inventory management and shifted them to Strategic Business Units (SBUs) organized around markets, has created a demand for key business data among a wider range of managers within the company. With the reorganization, Cutter & Buck became aware of the value of business information and the role Business Objects played in helping the company use this information to gain operational efficiency and customer satisfaction. "As we anticipated reorganizing into our new SBUs, we recognized the need for much more powerful data analysis and reporting capabilities," said John Leech John Leech may refer to:
(Chief Information Officer) The executive officer in charge of information processing in an organization. at Cutter & Buck. "Our goal was to make the huge amount of business data locked away in our legacy systems available to the SBU SBU St. Bonaventure University (St. Bonaventure, New York) SBU Stony Brook University (State University of New York) SBU Southwest Baptist University (Bolivar, MO) leaders and analysts in an environment that allows them to easily access, report, and derive key information to make better decisions and optimize their businesses. We also wanted to reduce their reliance on IT people for static reports from the legacy system. With Business Objects, we were able to achieve these goals in a remarkably short timeframe." In the highly competitive apparel business, Cutter & Buck uses Business Objects to track bookings, sales, margins, and inventory management performance. Using BusinessObjects(TM) and WebIntelligence(R), the integrated query, reporting, and analysis solutions from Business Objects, Cutter & Buck will analyze large volumes of customer and purchase data, track sales based on multiple dimensions such as channel, sales representative, geography and season, as well as monitor inventory levels to ensure that the right apparel is available to meet multi-channel demand. Cutter & Buck then uses BusinessObjects Broadcast Agent, the integrated reporting and broadcasting server, to push out literally hundreds of reports to its managers and employees on a regular basis. Cutter & Buck chose Business Objects after an extensive review of several competing BI solutions. "At the conclusion of the review, it was clear that Business Objects had the best integration between report generation and data analysis capabilities," said Leech leech, predacious or parasitic annelid worm of the class Hirudinea, characterized by a cylindrical or slightly flattened body with suckers at either end for attaching to prey. . "We were looking for Looking for In the context of general equities, this describing a buy interest in which a dealer is asked to offer stock, often involving a capital commitment. Antithesis of in touch with. a product that could do a lot of different things -- data warehouse design, dimension and measure management, ad hoc For this purpose. Meaning "to this" in Latin, it refers to dealing with special situations as they occur rather than functions that are repeated on a regular basis. See ad hoc query and ad hoc mode. reporting, data access, data analysis, distribution, and all with an easy-to-use interface that was appealing to power users and business users alike. Business Objects had everything we were looking for." "Our customers keep telling us that their business managers now have information -- information that they can put into action -- that they never had before," said Dave Kellogg, senior group vice president, worldwide marketing at Business Objects. "That is a tremendous value to our customers. Our success with Cutter & Buck is yet another example of the value of business intelligence throughout the enterprise." About Cutter & Buck Cutter & Buck designs and markets upscale sportswear and outerwear under the Cutter & Buck brand. The Company sells its products primarily through golf pro shops and resorts, corporate sales accounts and specialty retail stores. Cutter & Buck products feature distinctive, comfortable designs, high quality materials and manufacturing and rich detailing. Statements made in this news release that are not historical facts are forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. . Actual results may differ materially from those projected in any forward-looking statement. Specifically, there are a number of important factors that could cause actual results to differ materially from those anticipated, such as the results of the Company's ongoing internal investigation and the direct and indirect consequences of that investigation; the results of the ongoing investigations by the Securities and Exchange Commission and Nasdaq; the outcome of Nasdaq's delisting Delisting When the stock of a company is removed from a stock exchange. Notes: Reasons for delisting include violating regulations and/or failure to meet financial specifications set out by the stock exchange. proceedings; access to capital; and maintaining satisfactory relationships with our banking partners. Additional information on these and other factors, which could affect the Company's financial results, are included in its Securities and Exchange Commission filings. Finally, there may be other factors not mentioned above or included in the Company's SEC filings that may cause actual results to differ materially from any forward-looking information. You should not place undue reliance on these forward-looking statements. The Company assumes no obligation to update any forward-looking statements as a result of new information, future events or developments, except as required by securities laws. About Business Objects Business Objects is the world's leading provider of business intelligence (BI) solutions. Business intelligence lets organizations access, analyze, and share information internally with employees and externally with customers, suppliers, and partners. It helps organizations improve operational efficiency, build profitable customer relationships, and develop differentiated product offerings. The company's products include data integration tools, the industry's leading integrated business intelligence platform, and a suite of enterprise analytic applications Analytic Applications are a type of business application software, used to measure and improve the performance of business operations. More specifically, Analytic Applications are a type of Business Intelligence solution. . Business Objects is the first to offer a complete BI solution that is composed of best-of-breed components, giving organizations the means to deploy end-to-end BI to the enterprise, from data extraction Data extraction is the act or process of retrieving (binary) data out of (usually unstructured or badly structured) data sources for further data processing or data storage (data migration). to analytic applications. Business Objects has more than 16,500 customers in over 80 countries. The company's stock is publicly traded under the ticker symbols Ticker Symbol An arrangement of characters (usually letters) representing a particular security listed on an exchange or otherwise traded publicly. When a company issues securities to the public marketplace, it selects an available ticker symbol for its securities which investors NASDAQ: BOBJ and Euronext Paris Euronext Paris is France's securities market, formerly known as the Paris Bourse, which merged with the Amsterdam and Brussels exchanges in September 2000 to form Euronext NV, which is the second largest exchange in Europe behind the London Stock Exchange. (Euroclear code 12074). It is included in the SBF SBF Studium Biblicum Franciscanum (Franciscan School of Biblical Investigations; Jerusalem, Israel) SBF Small Block Ford (automotive engine) SBF Single Black Female SBF Société des Bourses Francaises 120 and IT CAC See Consumer Advisory Council. 50 French stock market indexes. Business Objects can be reached at 408-953-6000 and www.businessobjects.com. Note to Editors: BusinessObjects and WebIntelligence are trademarks or registered trademarks of Business Objects SA. Other company and product names may be trademarks of the respective companies with which they are associated. |
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