Fierce competition, rising costs and focus on performance makes enterprise
profit optimization a critical must have
San Francisco, Calif. — September 26, 2006 — Maxager Technology, the creator of
velocity-driven enterprise profit optimization solutions, today announced new
worldwide customers National Starch & Chemical
(http://www.ici.com/ICIPLC/divisions/Starch.jsp), a New Jersey-based
division of the $11 Billion British chemicals conglomerate ICI Group; Ocean Lanka
(http://www.oceanlanka.com/), a Sri Lanka-based textile company; and Thai
Plastic and Chemicals (http://www.thaiplastic.co.th/tpc/), a Bangkok-based
manufacturer and distributor of polyvinyl chloride polymer (PVC).
According to recent research, performance insight is the No. 1 concern for business
leaders as they strive to improve results and increase the value of their businesses
(source: IBM Business Consulting Services 2005 Global CFO Study). This
performance-based mindset, coupled with fierce competition and rising costs, is
pushing enterprise profit optimization solutions to the forefront of the “must have”
list.
“With rising costs and margins often already cut to the bone, manufacturers are
looking for new innovative ways to increase shareholder value and profits,” said
Michael Rothschild, CEO and founder of Maxager. “Customers and analysts alike have
told us that Maxager is the only solution to go beyond the margin-only approach to
translate ROA goals into operational decisions that fuel bottom-line, real profits. We
are very excited to enable our customers, for the first time, to control profitability at
the most granular level.”
Rather than viewing profitability from a traditional margin-only approach, Maxager
combines margin and production velocity information to determine profit-per-minute
by product, deal, customer, market, region, salesperson, plant or production line.
The resulting information can then be used to guide daily, weekly and monthly
operational decisions that ultimately impact corporate profitability and Return on
Assets (ROA) goals. More information about Maxager’s solutions can be found at
www.maxager.com/solutions.
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.
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