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Descartes Systems Group, GM, IBM, Kraft and SAP Headline Supply Chain Excellence 2003: Procurement and Inventory Strategies Symposium.


Business Editors

CHICAGO--(BUSINESS WIRE)--Aug. 12, 2003

LogicTools brings together Fortune 500 companies to discuss supply

chain planning approaches

LogicTools, the leading solution provider in supply chain planning, announced today the speakers for its October 17 symposium entitled, "Supply Chain Excellence 2003: Procurement and Inventory Strategies."

The symposium, which is being held at the Summit Executive Center in Chicago, will address a number of wide-ranging issues in the supply chain, including global competitiveness, profitability, master planning, and inventory positioning.

"The transition toward global sourcing and outsourcing is making procurement an area where companies can achieve immediate savings by considering the impact of changes on the entire supply chain costs," said David Simchi-Levi, Chairman of LogicTools. "To gain advantage, companies must address the challenge of creating supply chain strategies that result in an agile supply chain that balances a combination of low cost and high customer service."

Sponsored by Descartes Systems Group, General Motors, IBM (International Business Machines Corporation, Armonk, NY, www.ibm.com) The world's largest computer company. IBM's product lines include the S/390 mainframes (zSeries), AS/400 midrange business systems (iSeries), RS/6000 workstations and servers (pSeries), Intel-based servers (xSeries) , SAP, Supply Chain Management Review, and Supply Chain Market.com, the symposium is highlighted by the following speakers and their topics of discussion:

-- Art Mesher, Descartes Systems Group - Supply Chain Performance

-- Jeffrey Tew, GM - Panel on Inventory and Procurement

Challenges

-- Paige Greve, IBM Business 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"
 - Improving

Supply Chain Performance

-- Al Gaus, Kraft - Panel on Inventory and Procurement Challenges

-- David Simchi-Levi, MIT MIT - Massachusetts Institute of Technology  - Managing Risk in the Supply Chain

-- Robert Ferrari, SAP - Adaptive Supply Chains

-- Bill Godwin, True Value - Next Generation Procurement

Strategies

The full-day symposium is aimed at supply chain, manufacturing, procurement, and operations executives and practitioners who are interested in applying new concepts in supply chain technology while maximizing the ROI (Return On Investment) The monetary benefits derived from having spent money on developing or revising a system. In the IT world, there are more ways to compute ROI than Carter has liver pills (and for those of you who never heard of that expression, it means a lot).  on their existing software. The cost is $265 per person, although early registration and group discounts are available. Those interested in attending should contact Aimee Ortiz at 888-265-4706 or visit www.supplychainexpert.com.

About LogicTools

LogicTools (www.logic-tools.com), founded in 1995 by David Simchi-Levi, Professor of engineering systems at MIT, integrates the latest research in optimization and supply chain management with state-of-the-art information technology to provide companies with high quality, easy to use, and affordable software, as well as the methodology and support that helps clients design and maintain efficient supply chains. LogicTools' solutions have revolutionized the market by replacing extremely complex, expensive and customized software See custom software.  implementations on the one hand and limited spreadsheet analysis on the other. Optimizing the supply chain results in not only significant savings (typically 5 percent to 15 percent) but also provides clarity of vision and better understanding of the various trade-offs.

LogicTools has customers across many industries including, CPG CPG

central pattern generators.
, Food, Retail, 3PL, High-Tech, Process & Discrete Manufacturing Fabricating products by assembling components and subsystems into larger systems. The automated assembly line is the prime example of discrete manufacturing such as in the making of automobiles, household appliances and computer systems. , Automotive and Public Sector. Some of LogicTools' customers include: ConAgra, Del Monte, General Motors, IBM, Kraft Foods Kraft Foods Inc. (NYSE: KFT) is the largest food and beverage company headquartered in North America and the second largest in the world after NestlĂ© SA.

The Philip Morris Company (now known as Altria Group), a company that produces tobacco products, acquired Kraft for
, Mercer, Ryder Systems, SC Johnson, True Value, UPS, 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.  Postal Service postal service, arrangements made by a government for the transmission of letters, packages, and periodicals, and for related services. Early courier systems for government use were organized in the Persian Empire under Cyrus, in the Roman Empire, and in medieval , Welch's and many others.
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Publication:Business Wire
Geographic Code:1USA
Date:Aug 12, 2003
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