Insight and Optiant Create Comprehensive Solution
This relationship, driven by the synergy of INSIGHT SAILS 21® and the Optiant PowerChain suite, extends INSIGHT’s optimum network design with Optiant’s supply chain design and inventory optimization solutions.
Optiant and INSIGHT benefit from cross-selling opportunities and a more comprehensive offering in the heart of the strategic supply chain planning market. Customers benefit from supply chains strategically designed to anticipate real-world supply and demand uncertainties, bringing profitable products to market quickly.
“Optiant’s award-winning software expands INSIGHT’s software and service offering, providing our clients with clear-cut strategies and prioritization to achieve their supply chain initiatives for higher customer service levels, lower inventory costs, and improved cash-to-cash cycles,” said Mike Finley, president of INSIGHT, Inc. “We are very pleased to offer Optiant’s PowerChain suite, which is the natural extension of our network design software.
“This alliance brings Optiant to INSIGHT’s top client base - the world’s largest firms, 40 percent from the Fortune 50,” stated Dan Ross, Optiant CEO. “INSIGHT recognizes the value that PowerChain offers industry-leading manufacturers and we are extremely excited to deliver powerful bottom-line results through our bundled solutions.”
INSIGHT provides the customer-facing inventory analysis through SAILS for global supply chain planning. Optiant’s PowerChain suite enables clients to delve deeply into inventory questions from end-to-end across the entire supply chain, accounting for both demand or forecast uncertainty and supply and lead time variability. This decouples and optimizes safety stock decisions at each point, eliminating tremendous costs and risks from the supply chain.
PowerChain accounts for lead time variability in both manufacturing and distribution, demand uncertainty, and differentiated customer service levels – enabling optimization of inventory policies through the supply chain. Based on this critical new functionality and tremendous ease of use, PowerChain 4.0 was recently named Technology of the Year by IndustryWeek magazine, and applauded for its customers’ rapid ROI, and adoption across multiple vertical markets.
These two best-in-class software solutions, designed to help enterprises cut costs and improve delivery performance, will serve the fastest growing segment of the supply chain management market: strategic supply chain planning.
This relationship expands INSIGHT’s alliance program, which includes best-of-breed software and OEM users of INSIGHT’s power X-System® optimization engine. With the Optiant alliance, INSIGHT will continue to provide valuable optimization solutions that others cannot.
About INSIGHT, Inc.
INSIGHT software and consulting provide optimization-based planning and scheduling to solve the supply chain management issues of the world's top companies. INSIGHT solves these latest, critical, and most complex problems for 40% of Fortune Magazine’s top fifty, 70% of Business Week’s most profitable corporations, and 70% of the companies judged to have the best supply chains.
Clients often select INSIGHT when other solutions have failed. These clients rely on INSIGHT to gain the greatest competitive advantage from the best answer. Clients include Abbott Laboratories, BASF, BPAmoco, Clorox, HP, ExxonMobil, Ingram Books, Johnson & Johnson, Kellogg, Levi Strauss, Motorola, Pennzoil, PepsiCo, Perrier, Pfizer, Procter & Gamble, Unilever, and Toyota.
The X-System®, a proprietary optimization engine, powers a network of planning and scheduling solutions. Examples include crew scheduling, production planning, design of global supply chains, and transportation planning within TMS® from MercuryGate International. Increasingly, INSIGHT provides optimization components, partnering with third party software providers to deliver best-of-breed solutions. Call INSIGHT offices in Virginia at (703) 366-3061 or in Oregon at (541) 388-6998. On the Web, visit www.INSIGHT-MSS.com.
About Optiant
Optiant is a pioneer in the emerging market of supply chain design and optimization. Optiant's flagship software solution, the PowerChain™ suite, enables global organizations to design and configure optimal supply chains, solving real-world problems today.
PowerChain determines cost-effective inventory placements and integrates supply chain strategy into sourcing and distribution processes for quantifiable results in less than ninety days. Optiant has proven that intelligent inventory policies improve customer service levels and provide rapid ROI by driving out millions of dollars of associated costs from complex supply chains.
Our roster of blue-chip clients, including Global 1000 discrete manufacturers, utilizes Optiant's expertise to design competitive supply chains and innovative inventory policies. PowerChain solutions are built on patent-pending optimization technology based on more than ten years of leading-edge research and industry partnerships at the Massachusetts Institute of Technology. Optiant is a privately held company headquartered in Boston, Mass., and can be reached at www.optiant.com or (781) 238-8855.