NEEDHAM, MASS (August 14, 2006) – Scenic Technology Corporation, a global provider of supply chain execution systems on a service model, today announced a partnership with Optricity Corporation, a developer of supply chain optimization engines, to enhance distributor return on supply chain investment. The partnership will allow Scenic and Optricity to collaborate on providing enhanced technology solutions for their customers.
Scenic Technology’s sce-Star™ suite is comprised of business applications and connectivity tools that allow companies to effectively manage their warehouses and distribution centers. The addition of Optricity’s slotting and supply chain optimization capabilities will allow Scenic to offer customers a more robust and enhanced solution to run their competitive operations in today’s integrated supply chain.
“Scenic is both a technology company and acquisition firm specializing in supply chain execution software, connectivity technology, consulting and implementation services,” said Bruce E. Welty, CEO of Scenic Technology Corporation. “As such, we see that the synergies of bringing supply chain execution and optimization together will provide distributors with improved performance via better labor management and slotting efficiency, effectively doubling the value of their investment. This works to the customer’s advantage, allowing them to be more competitive in their marketplace.”
“We position our technology at merge points or 'in the cracks' between mainstream systems where our Juncture Optimization techniques can be used to achieve a more globally optimal solution to supply chain problems,” added Dan Basmajian, president of Optricity Corporation. “By working with Scenic Technology, we will be able to take our work one step further by combining optimization techniques with supply chain execution to provide companies with added tools to help them maximize value within their operating and supply channels.”
About Optricity
Based in Research Triangle Park, NC, Optricity Corporation offers mathematically advanced optimization engines to enhance return on supply chain investment. Capitalizing on leading web technologies, deep domain expertise, improved computing algorithms and analysis techniques, Optricity’s tools integrate with current supply chain planning and execution systems. Optricity engines optimize least cost solutions based on competing goals and constraints of multiple functions (data and systems) coming together at merge points to achieve Juncture Optimization. For more information, visit http://www.optricity.com./.