Terra Technology Ranked Number One in Customer Experience by Consumer Goods Technology Magazine.Company also recognized as number five in overall supply chain planning for its demand sensing software solutions NORWALK, Conn. -- Terra Technology (www.terratechnology.com), the leading provider of demand sensing and inventory optimization optimization Field of applied mathematics whose principles and methods are used to solve quantitative problems in disciplines including physics, biology, engineering, and economics. solutions, today announced that Consumer Goods consumer goods Any tangible commodity purchased by households to satisfy their wants and needs. Consumer goods may be durable or nondurable. Durable goods (e.g., autos, furniture, and appliances) have a significant life span, often defined as three years or more, and Technology magazine (CGT CGT Capital Gains Tax CGT Confédération Générale du Travail (French Labor Union) CGT Confederación General del Trabajo (Spanish: Federation of Trade Unions) ) ranked Terra first in customer experience and fifth overall in supply chain planning in its annual rating of supply chain software companies. This marks Terra's fourth consecutive appearance in the annual CGT Best-in-Class issue. Recognized for its demand sensing software and customer service, Terra's solutions provide visibility into shifts in demand before they occur rather than weeks or months later, enabling a more responsive supply chain, significant reductions in inventory and typically delivering a return on investment in one month or less. This year, CGT polled approximately 160 executives from top consumer goods companies and asked them to evaluate software and service providers. Executives were asked to evaluate only software products and services they use, providing readers with an accurate assessment of supply chain technology. This list is a reflection of two things - the provider's number of customer engagements within the consumer goods industry and their customer experience vote from the companies that are working with them. The complete list can be viewed at www.consumergoods.com. "Terra Technology's #1 ranking in Customer Experience is a testament to their commitment within the consumer goods market and their outstanding dedication to their clients' success," said Steve Rosenstock, Group Publisher, Consumer Goods Technology Magazine. "We are honored hon·or n. 1. High respect, as that shown for special merit; esteem: the honor shown to a Nobel laureate. 2. a. Good name; reputation. b. to have again been selected by CGT as a top supply chain provider and the supply chain planning leader in customer service," said Robert F. Byrne, Terra's president and 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. . "Our goal is to provide more than just a software solution. We aim to cultivate cul·ti·vate tr.v. cul·ti·vat·ed, cul·ti·vat·ing, cul·ti·vates 1. a. To improve and prepare (land), as by plowing or fertilizing, for raising crops; till. b. a long-standing partnership where our clients' business needs take preeminence pre·em·i·nent or pre-em·i·nent adj. Superior to or notable above all others; outstanding. See Synonyms at dominant, noted. [Middle English, from Latin prae ." Terra was also recently named to the Food Logistics 100, a prestigious list of top technology providers for food manufacturers, for the third year in a row. Terra was chosen as one of the leading providers of supply chain software solutions. About Terra Technology Terra Technology is the leading provider of Real-Time 1. real-time - Describes an application which requires a program to respond to stimuli within some small upper limit of response time (typically milli- or microseconds). Process control at a chemical plant is the classic example. Forecasting and Inventory solutions for consumer goods companies. Terra's demand sensing technology works with traditional demand planning systems See spreadsheet and financial planning system. to monitor daily demand signals and reduce near-term forecast error by up to 50 percent. More accurate forecasts and inventory targets improve customer service, lower inventory, decrease unplanned changeovers and reduce costs. Headquartered in Norwalk, CT, Terra's customers include Campbell Soup, Georgia-Pacific, McCain Foods, Procter & Gamble and Ventura Foods. For more information, please visit www.terratechnology.com or call 203-847-4007 x108. |
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