SYNGISTIX'S NEW "DEMAND MANAGEMENT SYSTEM" SOFTWARE CUTS DISTRIBUTORS' COSTS WHILE IMPROVING PERFORMANCE ENGLEWOOD, COLO., July 26, 2002 - Syngistix, Inc., the leading provider of supply chain management software solutions for distribution enterprises, today announced its new Demand Management System (DMS) software. DMS is a collaborative inventory forecasting, planning and purchasing software tool for distributors. DMS analyzes customer demand data, accurately forecasts inventory needs, then recommends purchase strategies that minimize inventory costs and maximize order fill rates. Simply put, it optimizes and tells small-to-large distributors what, when and how much to buy, and from whom to buy it. And because inventory is the largest expense for distributors, DMS' inventory optimization yields significant savings, for improving profitability and cash flow, or for reinvestment. "This software can pay for itself in six to 12 months through reductions in carrying costs and purchasing overhead alone," said Scotte Hudsmith, Syngistix president and CEO. "But there's also a top-line benefit: customer responsiveness. By more carefully watching what customers buy, distributors become more in tune with what customers want-and are more likely to have what customers want. Order fill rates increase. Customers are satisfied and Sales increase." "Together, DMS' cost savings and customer responsiveness afford the distributor a significant competitive advantage," Hudsmith said. DMS is the only complete, forecast-to-purchase, demand management product for distributors. Syngistix is the only Enterprise Resource Planning (ERP II) provider to the mid-tier market of both demand management software and an end-to-end supply chain management software suite, X!TE. The two integrate tightly, providing a new option to distributors that are looking to replace legacy systems but had been dissuaded by the high expense and risk of integrating disparate software. hôtels HannoverSyngistix developed DMS through close collaboration with X!TE customers, said Hudsmith, and expects to announce DMS customers, along with specific cost-savings figures, shortly. Venecia HotelDMS is available for order immediately. For more information, contact Syngistix Sales at (+1) 303-889-4500 or visit Syngistix's website, www.Syngistix.com. DMS Features
Like all Syngistix software, DMS is:
| | Flexible - it integrates with other Syngistix modules and third-party software; | | | Scalable - it addresses customers' current and future needs; | | | Quick to turn up - it implements quickly for fast payback; | | | Nondisruptive - it implements with minimal disruption to customers' businesses; | | | Cost-effective; and | | | Easy-to-use. |
Feature highlights within DMS' four functional areas are:
 | Analyzes Demand Data |  | - Pisa hotelsAnalyzes multiple types of demand data; e.g., sales-by-warehouse, transfers, planned vs. unplanned, etc.
- Collects demand data in user-defined periods; e.g., weekly or monthly.
- Copies demand data from similar or superceded items.
| | | Forecasts Demand | | | - Offers multiple forecasting techniques; e.g., simple averaging, exponential smoothing and dynamic regression.
- "Expert selection" feature applies all available techniques and selects the most accurate.
- Windermere hotel rooms Automatically detects seasonality.
| | | Strategizes Purchase Methods | | | - Users can forecast or manually set purchase methods, which include min./max., order point / line point, and Economic Order Quantity adapted to supplier minimums.
| | | Generates Requisitions; Purchases | | | - Generates requisitions in real time or nightly batches.
- Expedites purchases.
- Evaluates overstock transfers.
- Compares purchase quantity to multiple supplier minimums.
- Look-forward view determines future purchase requirements.
| About Syngistix
Syngistix, Inc. provides supply chain management software solutions for distribution enterprises. The company specializes in providing low-risk migration paths from legacy systems to newer technologies. Its products include X!TE, an enterprise application suite focused on traditional distribution models and XPDT, which focuses on the sell, source, ship distribution model. The company, which has a 25-year track record, was formerly known as Distribution Resources Company. With hundreds of customers and more than a thousand installations, Syngistix products increase customer efficiencies in product distribution, inventory reduction and customer service. Customers include Georgia Pacific - UNISOURCE, Corporate Express and TruServ Canada. For more information, email info@Syngistix.com, or visit www.Syngistix.com.
Syngistix is a trademark of Syngistix, Inc.
All other company and product names are trademarks of their respective owners. |
