Boston, MA (PRWEB) July 20, 2006
SLIM Technologies, LLC, a leading provider of supply chain planning solutions, announces today that the company has been selected by Supply & Demand Chain Executive magazine as one of its "Executive 100.” The Executive 100 are leading providers of supply chain services and technologies across a variety of industries that can demonstrate their solutions and services are at the forefront of innovation. In being named to the Executive 100, the industry-leading magazine acknowledges both SLIM Technologies' innovative solution approaches and technologies used to solve complex supply chain problems for its clients.
Supply & Demand Chain Executive editorial team developed the list after evaluating hundreds of nominations. Solution providers were chosen based on their ability to address actual supply chain problems with innovative consulting services and/or technologies that yielded practical solutions. Specifically, SLIM Technologies was selected for its work in integrating supply chain design and inventory planning decisions.
SLIM Technologies innovative work was delivered to a Fortune 100 retailing client. Historically, companies have segregated supply chain network optimization and inventory deployment decisions, applying separate optimization tools and processes to each. In early 2005, as the SLIM Technologies' client was planning for rapid expansion of their distribution network, they were faced with both network design and inventory challenges that could not be separated from each other. Consequently, SLIM Technologies developed an innovative solution approach that used Systems Dynamics Modeling together with Mixed-Integer Programming to allow inventory deployment decisions to be embedded in network optimization models. The results of this approach were significant in shaping the direction of the client's distribution expansion plans, and also in enabling a low-cost distribution network with service levels that matched product characteristics and store requirements accordingly.
Dr. Jeremy F. Shapiro, CEO of SLIM Technologies, stated that "we are delighted with this recognition from a top industry publication. The significance of the solution value that SLIM Technologies delivered to our retailing client in expanding its distribution network has been acknowledged and appreciated by the client company many times over. This honor, however, brings broader recognition from the industry that these types of solutions have value well beyond this specific engagement. We look forward to delivering many of these types of solutions."
For the complete listing of Supply & Demand Chain Executive’s Executive 100, please see the publication of the June/July issue in print or online at http://www.sdcexec.com/article.asp?article_id=8812.
About SLIM Technologies
SLIM Technologies has been helping leaders in the retail, consumer goods, industrial manufacturing and medical products optimize their supply chain strategies since 2000. Based on years of experience, we understand that “one-size fits all” supply chain network modeling doesn’t work in today’s complex global supply chains. That’s why our supply chain design software offers Pinpoint Optimization, or the unique ability to move from macro to micro analysis across all critical supply chain dimensions – time, geography, costs and capacities. Customers like Alcoa, Best Foods, Canadian Tire, Doane Pet Care, Finn Forest, Genencor and IKEA enjoy substantial cost savings that translates directly to their bottom line.