PLM Vendor Honored for Enabling Virtual Supply Network Linked to Higher Profitability
The Supply & Demand Chain Executive editorial team chose the 2005 award recipients based on technology and service initiatives and their success in addressing and solving pain points to produce a substantial return on investment in the supply and demand chain.
Agile Software was recognized for helping Lucent Technologies, a leading global supplier of communications networking equipment, to move to a virtual manufacturing model. Lucent used Agile PLM, which provides shared visibility of the product record by the partners and suppliers, to better enable a virtual supply network.
Lucent's key to creating a virtual network was the insight and collaboration enabled by Agile's suite of PLM solutions, including Agile Product Collaboration for visibility into the product record, and Agile Product Cost Management, which has helped Lucent more effectively analyze and manage aggregated projected direct material spend across the supply chain. By using Agile PLM software integrate its contract-manufacturing partners into the supply chain, Lucent has realized savings due to reductions in design cycle times, scrap, rework and additional inventory consumption.
"Product lifecycle management is the foundational technology that allows companies, like Lucent, to compete globally through highly effective virtual supply networks that enable reduced time-to-market, improved quality, and better margins," said Bryan D. Stolle, Agile CEO and chairman. "We are honored to be selected for the 2005 Supply & Demand Chain Executive 100, which recognizes the proven value of Agile PLM in contributing to our customers' profitability by managing the product lifecycle across the extended supply network."
Four years ago, Supply & Demand Chain Executive announced its first "100" list of supply chain solution providers and other organizations enabling supply chain transformation. The complete 2005 Supply & Demand Chain Executive 100 list is featured in the cover story of the magazine's June/July 2005 issue and can also be found online at www.SDCExec.com.
About Supply & Demand Chain Executive
Supply & Demand Chain Executive is the executive's manual for successful supply chain transformation, utilizing hard-hitting analysis, viewpoints and unbiased case studies to steer supply and demand chain management professionals through the complicated, yet critical, world of supply and demand chain management. It can be found on the Web at www.SDCExec.com.
About Agile Software Corporation
Agile Software Corporation helps companies drive profits, accelerate innovation, reduce costs, and ensure regulatory compliance throughout the product lifecycle. With a broad suite of enterprise class PLM solutions, time-to-value focused implementations, and a unique Guaranteed Business Results(SM) program, Agile helps companies get the most from their products. Alcatel, Boeing, Dell Inc., Flextronics International, Hitachi, Leapfrog, Lockheed Martin, Magna Steyr, Siemens, QUALCOMM and ZF are among the over 10,000 customers in the automotive, aerospace and defense, consumer products, electronics, high tech, industrial products, and life sciences industries that use Agile solutions. For more information, call 408-284-4000 or visit www.agile.com.
NOTE: Agile and Agile Software are registered trademarks and Agile Product Collaboration, Agile Product Cost Management, Agile Product Service & Improvement, Agile Product Portfolio Management, Agile Engineering Collaboration, Agile Product Governance and Compliance, AgileMD and the Agile logo are trademarks of Agile Software Corporation in the U.S. and/or other countries. Guaranteed Business Results is a service mark of Agile Software Corporation. All other brand or product names are trademarks and registered trademarks of their respective holders.
CONTACT: Terri Pruett of Agile Software Corporation, +1-408-284-4048 or
Web site: http://www.agile.com/