LogicTools Achieves SAP(R) xAPPs(TM) Certified - "Powered by SAP NetWeaver(R)" Status with Safety Stock Optimizer Composite Application.Integration with multi-echelon inventory optimization through the SAP NetWeaver Portal enables more accurate safety stock and inventory targets for SAP Customers CHICAGO -- LogicTools, the leading provider of strategic and tactical supply chain optimization Supply Chain Optimization is the application of processes and tools to ensure the optimal operation of a manufacturing and distribution supply chain. This includes the optimal placement of inventory within the supply chain, minimizing operating costs (including manufacturing costs, solutions, announced today that is has achieved SAP[R] xAPPs certified - "Powered by SAP NetWeaver[R]" status for its "Safety Stock Optimizer 1.0" composite application In computing, the term composite application expresses a perspective of software engineering that defines an application built by combining multiple services. People often compare composite applications to mashups. . The certified technology provides users of SAP applications with sophisticated supply chain optimization services that enable better process oriented applications and simpler integration. LogicTools has a long list of SAP customers that utilize its applications both on the strategic and tactical side. Many SAP customers have also integrated LogicTools' Inventory Analyst with their SAP applications in order to provide more accurate safety stock and inventory targets. The new xApp solution provides another option for integrating LogicTools' supply chain optimization capabilities. "The ability to combine business processes with sophisticated supply chain applications is a glimpse into the innovative opportunities of delivering effective software applications as a service." said David Simchi-Levi, 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 LogicTools, "the SAP NetWeaver platform through the use of xAPP composite applications provides a seamless way for users of SAP applications to utilize the best technology in the market to enhance their SAP investment." The "Safety stock optimizer" xAPP allows users of SAP applications to access the power of LogicTools' multi-echelon inventory optimization using a process that runs through the SAP NetWeaver Portal. The process includes updating forecast and forecast error information, calculating safety stock by running LogicTools' multi-echelon inventory optimization, confirming the results and posting the safety stock back to mySAP[TM] ERP (Enterprise Resource Planning) An integrated information system that serves all departments within an enterprise. Evolving out of the manufacturing industry, ERP implies the use of packaged software rather than proprietary software written by or for one customer. . Through SAP xApps Certified status, partners and ISVs like LogicTools deliver on the promise of enterprise service-oriented architecture See SOA. (enterprise SOA (1) (Start Of Authority) The first record in a DNS zone file. See DNS records. (2) (Service Oriented Architecture) The modularization of business functions for greater flexibility and reusability. ) following the principles and standards of SAP's composite architectural guidelines. Composite applications that are certified by the SAP Integration and Certification Center reuse reuse - Using code developed for one application program in another application. Traditionally achieved using program libraries. Object-oriented programming offers reusability of code via its techniques of inheritance and genericity. , integrate and orchestrate or·ches·trate tr.v. or·ches·trat·ed, or·ches·trat·ing, or·ches·trates 1. To compose or arrange (music) for performance by an orchestra. 2. functionalities from existing application assets in the context of an enterprise SOA, with only selective development of new functionality where needed to fill gaps. A composite application provides new application functionality, supports analysis followed by action (other than mere read-only views), and enables the execution of business processes from start to finish. It has the potential of repeatable deliveries to multiple customers. About LogicTools Founded in 1995 by David Simchi-Levi, Professor of Engineering Systems at MIT MIT - Massachusetts Institute of Technology , LogicTools provides strategic and tactical supply chain optimization applications designed to complement existing IT investments. LogicTools' product suite allows companies to make a wide range of supply chain decisions, from choosing the best strategic network design, deciding on the most efficient sourcing strategy to optimizing inventory placement throughout the different levels of the supply chain. LogicTools is headquartered in Chicago, IL and supports a global customer base across a wide range of industries. As a longtime SAP partner, LogicTools has helped many SAP customers complement their ERP and planning applications with optimization solutions. LogicTools' solutions for SAP Customers include: LogicNet Plus, which is offered as a certified extension to mySAP[TM] Supply Chain Management; Inventory Analyst, which is Powered by SAP NetWeaver; and Safety Stock Optimizer, which is an xApp certified composite application for SAP NetWeaver. LogicTools is also a member of the SAP Industry Value Network (IVN IVN Interactive Video Network IVN Intravenous IVN Internationale Vereniging voor Neerlandistiek IVN Intravenous Nutrition IVN Integrated Voice Network IVN Intervening Networks IVN in Vehicle Network ) for Chemicals. |
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