San Francisco, Calif. — August 15, 2007 — Maxager, the leading provider of enterprise
profit optimization (EPO) solutions, today announced that AK Steel, one of North America’s
premier steel producers (http://www.aksteel.com), has successfully implemented
Maxager for its hot-dipped galvanized product line to assist the steelmaker in analyzing
margin potential for its various product offerings. Initially being used in three plants, the
company is considering expanding Maxager to other product lines as well.
“Maxager’s graphic depiction of our operation’s profitability provides another dimension to
our ability to analyze our product portfolio,” said Douglas Gant, Vice-President of Sales and
Customer Service for AK Steel. “Being able to better portray the true profit potential of our
business operations should allow us to make better decisions.”
Maxager’s software as a service model is up and running in weeks, with normally no added
hardware or software requirements. Maxager combines existing operational data into a
composite profit-per-minute metric which enables users to quickly identify potential profit
improvement opportunities.
About AK Steel
Headquartered in Ohio, AK Steel produces flat-rolled carbon, stainless and electrical steel
products, as well as carbon and stainless tubular steel products, for automotive, appliance,
construction and manufacturing markets. More information can be found at
http://www.aksteel.com/.
About Maxager Technology
Founded in 1996, Maxager’s patented enterprise profit optimization (EPO) solutions
help leading chemicals, metals, electronics and other complex manufacturers such as
Dow Chemical Company, Severstal, Owens-Illinois and Siliconware Precision
Industries increase cash and profit worth 3-5% of revenue. Uncovering profit gain
opportunities that are obscured by traditional “margin only” analysis, Maxager uses
both margin and production velocity information to analyze history and generate
realistic forward modeling that provides management teams an entirely new level of
control over Return on Assets (ROA) — the key driver of shareholder value. Ideal
for manufacturers with a wide range of products, customers and assets, Maxager’s
unique technology calculates precisely how fast each product, customer, or market
generates cash and profit from the assets, allowing managers to truly optimize
product mix & customer mix profitability, sales & profit planning, strategic
pricing, and production planning. New customers typically begin reaping benefits
within 60 days. Maxager is headquartered near San Francisco with offices in Europe
and Asia. |
