H.J. Heinz Company Standardizing on Manugistics Supply Chain Solutions to Improve Demand Forecast, Boost Customer Service.Business Editors/High-Tech Writers ROCKVILLE, Md.--(BUSINESS WIRE)--Oct. 14, 2003 Manugistics Group, Inc. (Nasdaq:MANU), a leading global provider of demand and supply chain management solutions, today announced that H.J. Heinz Company has selected Manugistics solutions as part of its ongoing initiatives to help improve its demand forecasting process, reduce inventory levels and boost customer service. With a more integrated and streamlined supply chain strategy, Heinz expects to achieve overall operating cost savings while reinforcing the company's commitment to product innovation and customer satisfaction. An innovator in the competitive consumer products marketplace, Heinz selected Manugistics to replace its existing systems after a careful and competitive review process. By using Manugistics solutions to migrate to a highly focused, regionalized supply chain strategy, Heinz plans to establish a demand forecast that connects the company more directly to its customers and complements a unified national inventory strategy. Enhanced demand planning and manufacturing efficiency and streamlined logistics operations will help Heinz boost customer service levels, while taking costs out of operations and reducing inventory levels. "Our commitment to customer service requires a state-of-the-art demand forecasting system," said George Chappelle, vice president and chief information officer, Heinz. "We selected Manugistics for this initiative based on Manugistics' proven expertise in the CPG CPG central pattern generators. industry. We expect to find new value in our existing IT infrastructure with the roll-out of the Manugistics 7 solutions - with the open architecture and ease of integration that Manugistics has demonstrated. We look forward to working with Manugistics to further our long-standing commitment to supply chain efficiency and customer service." "Heinz is a global powerhouse A fourth-generation language from Cognos that was introduced in the late 1970s for midrange computers. It supports both character-oriented, terminal-based applications as well as Windows clients. Applications developed under PowerHouse can be imported into Cognos' Axiant client/server environment. in retail and foodservice channels, with a world-class portfolio of leading branded businesses throughout the world. Their success is due largely to the company's tireless commitment to innovation, and we are honored to have this opportunity to partner with Heinz as they work to deliver even higher levels of business performance and customer satisfaction," commented Bob McFarland, senior vice president, consumer products, Manugistics. About Heinz H.J. Heinz Company is one of the world's leading producers and marketers of branded foods in ketchup, condiments, sauces, meals, soups, seafood seafood Edible aquatic animals excluding mammals, but including both freshwater and ocean creatures. Seafood includes bony and cartilaginous fishes, crustaceans, mollusks, edible jellyfish, sea turtles, frogs, sea urchins, and sea cucumbers. , snacks and infant foods. Heinz is a global family of leading brands, including Heinz(R) Ketchup, sauces, soups, beans, pasta and infant foods (representing nearly one-third of total sales), Ore-Ida(R) french fries French fry n. A thin strip of potato fried in deep fat. Often used in the plural. , Boston Market Boston Market (known before 1995 as Boston Chicken), headquartered in Golden, Colorado, is a chain of American fast-food restaurants. Founded in December 1985 in Newton, Massachusetts, the chain grew rapidly in the early and mid-1990s, filed bankruptcy in the late 1990s, and (R) and Smart Ones(R) meals and Plasmon(R) baby food. Heinz's 50 companies have number-one or number-two brands in 200 countries, showcased by Heinz(R) Ketchup, the world's favorite ketchup. Information on Heinz is available at www.heinz.com/news. FORWARD LOOKING STATEMENT This press release contains 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. within the meaning of the "safe harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. " provisions of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995. These forward-looking statements reflect management's view of future events and financial performance. These statements are subject to risks, uncertainties, assumptions and other important factors, many of which may be beyond Heinz's control and could cause actual results to differ materially from those expressed or implied in these forward-looking statements. Uncertainties contained in such statements include, but are not limited to, sales and volume growth, economic, political, and industry conditions, production, energy and raw material costs, the ability to maintain favorable fa·vor·a·ble adj. 1. Advantageous; helpful: favorable winds. 2. Encouraging; propitious: a favorable diagnosis. 3. customer and supplier relationships, achieving cost savings programs, the effectiveness of advertising, marketing, and promotional programs, improving supply chain efficiency, the impact of e-commerce and e-procurement, and other factors described in "Cautionary Statement Relevant to Forward-Looking Information" in the Company's Form 10-K Form 10-K A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information. Form 10-K See 10-K. for the fiscal year ended April 30, 2003, and the Company's subsequent filings with the Securities and Exchange Commission. The forward-looking statements are and will be based on management's then current views and assumptions regarding future events and speak only as of their dates. The Company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. About Manugistics Group, Inc. Manugistics provides the industry's most comprehensive, best-in-class demand and supply chain management solutions. Today, more than 1,200 clients trust Manugistics to help them drive profitable growth, unlock the value of their existing IT investments, and ensure the security and integrity of their global supply chains. Its clients include industry leaders such as AT&T, BMW BMW in full Bayerische Motoren Werke AG German automaker. Founded as an aircraft engine manufacturer in 1916, the company assumed the name Bayerische Motoren Werke and became known for its high-speed motorcycles in the 1920s. , Boeing, Brown & Williamson, Cingular, Circuit City, Coca-Cola Bottling, Continental Airlines, Diageo, DuPont, Fairchild Semiconductor, Harley-Davidson, John Deere, McCormick, Nestle, Nissan, RadioShack and Unilever. For more information, go to http://www.manugistics.com. FORWARD LOOKING STATEMENT This announcement contains forward-looking statements that involve risks and uncertainties that include, among others, continuing economic and political uncertainty, the timing and degree of business recovery, anticipated losses, unpredictability of future revenues, potential fluctuations in quarterly operating results, unexpected competition, risks related to quarterly performance, risks of new business areas, international expansion, business combinations and strategic alliances, lengthening lengthening (lengkˑ·the·ning), n the use of various massage or muscle energy techniques to relax and stretch muscle and connective tissue. of sales cycles for software products and services, and the effectiveness of the cost reduction efforts undertaken by Manugistics and their impact on the company's ability to operate its business. A decreased demand for enterprise application software due to weakened weak·en tr. & intr.v. weak·ened, weak·en·ing, weak·ens To make or become weak or weaker. weak en·er n. economic conditions could result in decreased revenues or lower revenue growth rates Growth RatesThe compounded annualized rate of growth of a company's revenues, earnings, dividends, or other figures. Notes: Remember, historically high growth rates don't always mean a high rate of growth looking into the future. . More information about factors that potentially could affect Manugistics' financial results is included in Manugistics filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended February 28, 2003 and Quarterly Report on form 10-Q Form 10-Q See 10-Q. for the period ended May 31, 2003. Manugistics assumes no obligation to update the forward-looking information contained in this announcement. Manugistics is a registered trademark, and the Manugistics logo, the phrase Enterprise Profit Optimization optimization Field of applied mathematics whose principles and methods are used to solve quantitative problems in disciplines including physics, biology, engineering, and economics. and Manugistics NetWORKS are trademarks of Manugistics, Inc. All other product or company names mentioned are used for identification purposes only, and may be trademarks of their respective owners. |
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