SmartOps Announces Reseller Agreement with SAP
SAP to Resell SmartOps' Enterprise Inventory Optimization Solution to Help
Manufacturers Drive Supply Chain Efficiencies and Reduce Costs
PITTSBURGH, July 14 /PRNewswire/ -- SmartOps Corporation, the market leader in
Enterprise Inventory Optimization (EIO), today announced a reseller agreement
with SAP AG, through which SAP will resell SmartOps' Enterprise Inventory
Optimization solution as the SAP(R) Enterprise Inventory Optimization
application by SmartOps. Through this agreement, SAP will offer the SmartOps
solution as an official SAP solution extension addressing inventory
management.
To deal with the challenges of the current economic climate, companies across
all industries are aiming to increase cash flow and optimize inventory
throughout their supply chains. SmartOps' Enterprise Inventory Optimization
solution offers companies the tools to provide powerful insight into their
global inventory, thereby allowing improved order accuracy, proper inventory
balance and heightened control of operating costs. The ability to meet
customer service demands and efficiently manage inventory levels, are vital
for companies navigating these difficult economic times, and are key to
preparing firms to outperform their peers as the economy turns around.
"We are delighted at this new level in our relationship with SAP," said
Sridhar Tayur, CEO of SmartOps "This achievement validates the strength and
commitment each company has to inventory optimization and in helping our
existing and prospective customers maximize the value they can achieve within
their supply chains."
The strong relationship between SmartOps and SAP is supported by a growing
number of leading customers, including Wyeth, ConAgra, Dupont and Eastman.
"We are pleased to expand our relationship with SmartOps, helping customers
optimize inventory and cash flow, as well as further increase the value
derived from investments in SAP supply chain solutions," said Kevin
Ichhpurani, senior vice president, Business Development, SAP. "Our
relationship with SmartOps is a prime example of how SAP and its partner
ecosystem meet specific customer needs."
Third-party solution extensions such as SAP Enterprise Inventory Optimization
by SmartOps are sold by SAP. They are a dependable and trusted method for
customers to make incremental IT investments that extend the core value of SAP
application functionality. With solution extensions, companies can address
today's business challenges via offerings developed by independent partners
that integrate with SAP software - providing cross-solution and cross-industry
functionalities that complement SAP solution capabilities. SAP tests,
validates and supports solution extensions to provide high quality, commitment
and support.
About SmartOps
SmartOps, the market leader in enterprise-class supply chain optimization
solutions, enables companies to manage the uncertainty of complex, multi-stage
supply chains to achieve rapid return on investment and long-term, sustainable
value. Deploying SmartOps' solutions has dramatically improved supply chain
performance at Fortune 1000 and Global 2000 companies in discrete
manufacturing, consumer durables and packaged goods, technology,
pharmaceutical manufacturing, distribution, and retail industries. Contact
SmartOps at 412-231-0115 or www.smartops.com for more information.
Join SmartOps, industry leaders and cutting edge companies on September 28,
2009 at OUTPERFORM in Chicago. Learn how leading companies like Celestica,
Eastman Chemical, Wyeth Consumer Healthcare, Estee Lauder and others are
strategically managing their global inventories to navigate the difficult
economic times and prepare to outperform their peers in the upcoming economic
turnaround.
(C) 2009 SmartOps Corporation. All rights reserved.
SAP and all SAP logos are trademarks or registered trademarks of SAP AG in
Germany and in several other countries.
All other product and service names mentioned are the trademarks of their
respective companies.
SAP Forward-looking Statement
Any statements contained in this document that are not historical facts are
forward-looking statements as defined in the U.S. Private Securities
Litigation Reform Act of 1995. Words such as "anticipate," "believe,"
"estimate," "expect," "forecast," "intend," "may," "plan," "project,"
"predict," "should" and "will" and similar expressions as they relate to SAP
are intended to identify such forward-looking statements. SAP undertakes no
obligation to publicly update or revise any forward-looking statements. All
forward-looking statements are subject to various risks and uncertainties that
could cause actual results to differ materially from expectations The factors
that could affect SAP's future financial results are discussed more fully in
SAP's filings with the U.S. Securities and Exchange Commission ("SEC"),
including SAP's most recent Annual Report on Form 20-F filed with the SEC.
Readers are cautioned not to place undue reliance on these forward-looking
statements, which speak only as of their dates.
SOURCE SmartOps Corporation
Guy F. Courtin, Director of Marketing of SmartOps Corporation, +1-412-231-0115
ext. 311, gcourtin@smartops.com
© Thomson Reuters 2009 All rights reserved



