News | April 22, 2008

RedPrairie Announces Performance Management Analytic Solution For Supply Chain Optimization

Source: RedPrairie
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RedPrairie Corporation, a leading consumer driven optimization company, recently announced RedPrairie Performance Management for supply chain providers at the NA 2008 show in Cleveland, OH. The software application that was previously available only for retailers is now offered to provide analytical monitoring and reporting tools for fast, actionable decision making in the supply chain. Performance Management for supply chain will provide full integration with RedPrairie supply chain and retail solutions, creating an end-to-end analytic solution from store shelf to manufacturing.

RedPrairie Performance Management is a web-based analytic solution that leverages the wealth of existing information from RedPrairie's warehouse, transportation and workforce management applications to monitor, analyze and report on the key performance indicators (KPIs) that drive an organization's success. The user interface provides a rich and intuitive experience that guides users to discovering new insights of their business.

"RedPrairie Performance Management brings across the most complete view of data available from the enterprise database. This includes detailed inventory events, labor productivity analysis, forecast data and sales data. It is easily extracted and actionable – providing insight to enable managers to make strategic business decisions," said Jim Hoefflin, Executive Vice President for Products and Marketing, RedPrairie.

RedPrairie Performance Management for supply chain is compatible with Microsoft Office PerformancePoint Server 2007 and puts the data and business rules for business intelligence on a centrally managed server, making scorecarding, analytics and the entire performance management cycle much easier and less time-consuming for supply chain professionals.

"RedPrairie is at the forefront of providing practical enterprise data to knowledge workers," said Steven Skinner, general manager for industry solutions and strategy at Microsoft Corp. "It enables the alignment of real-time decisions with strategic business objectives. The highly intuitive user interface significantly reduces user time to competency. This combination increases productivity and profits."

Performance Management offers many unique advantages:

Interactive dashboards that zero-in on relevant data - Performance Management uses powerful Web-based visual dashboards that can be delivered to individuals based on their organizational role and location. The embedded Scorecards can contain KPI's and links to charts, tables and reports, allowing the business user to easily navigate to the relevant information.

Based on a strong analytical foundation - Performance Management includes OLAP analysis that is compatible with Microsoft Office Excel 2007 for fast, easy to use, ad hoc reporting. In addition, it provides visibility into business operations and factors impacting the business that allow for more flexibility and timely decision making.

Low total cost of ownership - Performance Management can be deployed as a secure, Hosted/SaaS solution that allows for rapid implementation. RedPrairie's hosted services have a proven 99.9% historical total system availability.

About RedPrairie Corporation
RedPrairie is a world leading consumer driven optimization company. Built on an advanced Service Oriented Architecture (SOA) developed over the past 15 years, the RedPrairie integrated suite of solutions offers on-demand capabilities to over 32,000 sites worldwide for many of the world's largest companies.

RedPrairie's E2e solutions synchronize people and products throughout the customer buying cycle to ensure goods reach the right place at the right time. At the point of sale, this means consumers have access to desired products and that the store is staffed with the right people to help them make their purchases. In the production cycle, it means suppliers and manufacturers time and synchronize shipments and production based on demand signals from the retailer. And in the back room of the store, it means having the least amount of inventory, solving the "last yard" problem of the retail supply chain.

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