Press release from Business Wire India
Source: WIPRO
Monday, May 11, 2009 10:31 PM IST (05:01 PM GMT)
Editors: General: Consumer interest, Entertainment; Business: Accounting & management consultancy services, Advertising, PR & marketing, Business services, Information technology, Telecommunications; Technology
Release no: 19910
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Wipro and SmartOps Partner to Deliver Optimal Inventory Solutions for Clients
Multi-Echelon Inventory Planning Solution Delivers ROI in Six Months, Helping Customers Realize 15-30% Cost Reduction in their Supply Chains
Orlando, Florida, United States and Bangalore, Karnataka, India, Monday, May 11, 2009 -- (Business Wire India) -- Wipro Technologies, the global IT services business of Wipro Limited (NYSE:WIT) and SmartOps Corporation, the leading provider of enterprise-class supply chain optimization solutions today announced the launch of their holistic Multi-echelon Inventory Planning & Optimization offering on SmartOps MIPO(Multi-echelon inventory planning) and SAP SCM ( Advanced Planner and Optimizer(APO), Supply Network Planning).
The combined offering includes SAP SCM (APO Supply Network Planning) combined with Multistage Inventory Planning and Optimization software from SmartOps and Wipro's consulting and integration services offered at fixed price - fixed scope.
The Inventory optimization initiative directly contributes to the profitability and the growth of an organization through achieving higher sales and customer satisfaction levels while carrying a lean inventory, helping companies gain order fill rates improvements while simultaneously achieving a reduction in their total supply chain inventory costs upto 15-30%.
Speaking on the occasion John Lopus, Senior Vice President Operations SmartOps said. "The offer is a great value proposition for customers looking at comprehensive inventory management solution; it combines the best of MIPO solution, SmartOps solution with market leader in enterprise solutions SAP, offered by Wipro which is a leader in SCM consulting services"
Speaking on this occasion, C S Swaminathan, SCM & CRM Practice Head, Enterprise Application Services, Wipro Technologies said, "The current recessionary period has forced the customers to find out ways to cut even marginal costs. Thus the fixed price - fixed scope offer of Wipro aims to help customers in this dilemma.
About Wipro Technologies:
Wipro Technologies, a division of Wipro Limited (NYSE:WIT) is the first PCMM Level 5 and SEI CMM Level 5 certified global IT services organization. Wipro Technologies was recently assessed at Level 5 for CMMI V 1.2 across offshore and onsite development centers. Wipro is one of the largest product engineering and support service providers worldwide. Wipro provides comprehensive research and development services, IT solutions and services, including systems integration, information systems outsourcing, package implementation, software application development, and maintenance services to corporations globally.
In the Indian market, Wipro is a leader in providing IT solutions and services for the corporate segment in India, offering system integration, network integration, software solutions and IT services.
Wipro also has a profitable presence in niche market segments of consumer products and lighting. In the Asia-Pacific and Middle East markets, Wipro provides IT solutions and services for global corporations. Wipro's ADS' are listed on the New York Stock Exchange, and its equity shares are listed in India on the Stock Exchange - Mumbai, and the National Stock Exchange. For more information, please visit our websites at www.wipro.com and www.wiprocorporate.com.
About Smart Ops:
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
Forward-looking and Cautionary Statements
Certain statements in this release concerning our future growth prospects are forward-looking statements, which involve a number of risks, and uncertainties that could cause actual results to differ materially from those in such forward-looking statements. The risks and uncertainties relating to these statements include, but are not limited to, risks and uncertainties regarding fluctuations in our earnings, revenue and profits, our ability to generate and manage growth, intense competition in IT services, our ability to maintain our cost advantage, wage increases in India, our ability to attract and retain highly skilled professionals, time and cost overruns on fixed-price, fixed-time frame contracts, client concentration, restrictions on immigration, our ability to manage our international operations, reduced demand for technology in our key focus areas, disruptions in telecommunication networks, our ability to successfully complete and integrate potential acquisitions, liability for damages on our service contracts, the success of the companies in which we make strategic investments, withdrawal of fiscal governmental incentives, political instability, war, legal restrictions on raising capital or acquiring companies outside India, unauthorized use of our intellectual property, and general economic conditions affecting our business and industry. Additional risks that could affect our future operating results are more fully described in our filings with the United States Securities and Exchange Commission. These filings are available at www.sec.gov. We may, from time to time, make additional written and oral forward-looking statements, including statements contained in the company's filings with the Securities and Exchange Commission and our reports to shareholders. We do not undertake to update any forward-looking statement that may be made from time to time by us or on our behalf.
Media Contacts:
Wipro Technologies
India:
Radhika Mahadevan
Wipro Technologies
+91- 9945042603
radhika.mahadevan@wipro.com
Purvika Anand
Gutenberg Communications
+91 9901134441
purvika@gutenbergpr.com
US:
Lavanya DJ
Gutenberg Communications
+1 (212).239.8740
lavanya@gutenbergpr.com
Joey McDuffee
Wipro Gallagher Solutions
1.800.989.9996 or 615.221.7358
Eric Belove
Wipro Technologies
+ 1 (732).216.6242
eric.belove@wipro.com
UK:
Rahul Kadavakolu
Wipro Technologies
+44 792 020 5496
rahul.kadavakolu@wipro.com
Shalini Siromani
Gutenberg Communications
+44.79.6066.3200
shalini@gutenbergpr.com
KEYWORDS
CONSUMER, ENTERTAINMENT, CONSULTANCY SERVICES, MARKETING, BUSINESS SERVICES, IT, TELECOMMUNICATIONS, TECHNOLOGY, 507685.BO
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