CAMBRIDGE, MA, -- ToolsGroup, a global provider of demand-driven inventory optimization solutions, announced that OSRAM S.p.A. has contracted to implement the company's Service Optimizer 99+ (SO 99+) solution.
With sales of 4.7 billion Euros in 2007, OSRAM is one of the largest lighting manufacturers in the world. Part of the Siemens AG Group, it has a global presence with 41,000 employees in 150 countries, including 48 production and distribution sites in 17 countries. OSRAM operates in North America as OSRAM Sylvania.
OSRAM will leverage ToolsGroup's SO 99+ solution to optimize the planning processes of raw materials and components managed at its production site in Treviso, Italy.
"Our decision to implement ToolsGroup's SO 99+ solutions was principally motivated by the need to review our optimization strategy for purchased components," said Giuseppe Carrer, coordinator of the Inbound Supply Chain improvement project at Treviso. "In addition to advanced technology and targeted solutions, ToolsGroup offers us a great deal of experience in the field."
"We are proud to be able to provide a company like OSRAM with the right tools for optimizing global service levels and delivering on their operational goals," added Joseph Shamir, CEO of ToolsGroup.
About ToolsGroup
ToolsGroup is an innovation partner for companies who want to achieve outstanding customer-service levels with less global inventory. Using our demand-driven inventory optimization solutions, our customers improve daily forecast accuracy and correctly set safety stocks to achieve up to 99+ percent customer-service levels while significantly cutting inventory. ToolsGroup has more than 150 customers in 31 countries worldwide. For more information on ToolsGroup and its solutions, please visit www.ToolsGroup.com.
Media Contact:
Jonathan Bloom
For ToolsGroup
617-374-4298
Email Contact
Source: ToolsGroup
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