FOR IMMEDIATE RELEASE
For more information contact:
Press Relations
Baxter Planning Systems, Inc.
PR@bybaxter.com
(512) 323-5959 ext. 123
Prophet by Baxter(TM) Revolutionizes the Service Parts Supply
Chain Process
AUSTIN, TX - (January 1, 2001) - For nearly a decade, Baxter Planning
Systems has been optimizing its customers' assets in order to maximize profit
and customer satisfaction. They are continuing that tradition today with the
new and improved version of Prophet by Baxter(TM), the leading software solution
specifically configured to meet the complex requirements of the service parts
industry.
This advanced distribution planning software helps enterprises plan, implement,
and control the flow of storage and service parts inventory from point of origin
to point of consumption, while saving customers upwards of 70 percent of inventory
investment and achieving 2-hour customer service levels of 99 percent.
"The fact that Prophet can achieve such a high inventory reduction while still
maintaining contract obligations is the result of Baxter Planning System's commitment
to helping businesses run at peak profitability and effectiveness," said Greg
Baxter, president and CEO of Baxter Planning Systems. "We understand the demands
of the service parts industry and Prophet ensures that these demands are met
with a solution that maximizes efficiency and saves our customers money."
Prophet is available as an online or off-the-shelf solution and is the first
supply chain management program specifically designed and programmed for use
online. Prophet can optimize warehouse and/or stocking locations based on service
contracts and required response times to ensure that products are in the right
place at the right time to meet demand.
One of Prophet's most valuable functions is its ability to program to simulate
real life situations to predict the effect of changes in the supply and distribution
chains by inserting variables. By building these scenarios, Prophet essentially
takes the guesswork out of planning and maintaining stocking levels and inventory
deployment.
Prophet by Baxter can be implemented alone or in conjunction with any or all
of four complementary modules to build a solution configured to each customer's
planning and logistical needs. These modules include Site Planning for Prophet(TM),
Product Forecasting for Prophet(TM), Material Forecasting for Prophet(TM),
and Supply Planning for Prophet(TM).
About Baxter Planning Systems, Inc.
Headquartered in Austin, TX, Baxter Planning Systems pioneered the development
of Web- and ASP-based planning and forecasting solutions for the service parts
logistics industry. The software development and consulting company develops
solutions for the high-tech, aerospace, medical equipment, and automotive markets.
With systems installed in Fortune 500 companies across the United States and
worldwide, Baxter customers regularly achieve extraordinary levels of service
parts inventory optimization. For more information on Baxter, or to access
Prophet via the Internet, visit
www.bybaxter.com.
