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SmartOps and Bristlecone Form Strategic Partnership
May 16, 2005

Partnership enables supply chain performance leadership and lowers total cost of implementation and ownership for SAP, Bristlecone, and SmartOps customers.

PITTSBURGH, PA – May 16, 2005 – SmartOps Corporation, the leading provider of enterprise-class supply chain optimization solutions, and Bristlecone, an industry-leading service provider for extended supply chain solutions, today announced a strategic partnership between their companies.

Under the agreement, Bristlecone, which designs and implements extended supply chain solutions including SAP supply chain applications, will provide SmartOps Multi-Stage Inventory Planning & Optimization (MIPO™) software to customers in North America, Europe, and Asia. Bristlecone will also become a certified MIPO implementation partner.

“Bristlecone is excited about partnering with SmartOps and representing SmartOps’ MIPO inventory optimization solution in the marketplace,” said Gregory Mekjian, Executive Vice President of Bristlecone North America. “Our two companies complement each other’s core competencies in Supply Chain Management and the combined capabilities will produce remarkable order fulfillment improvements and cost savings for our customers. By bringing MIPO to the table as part of a complete supply chain solution, we are better able to meet our customers’ needs for an automated, dynamic solution that enables them to analyze and set key planning targets within SAP supply chain applications. The results are real-time, data-driven decisions that account for the inherent complexity and uncertainty in their multi-echelon supply chains.”

“Bristlecone’s leadership and expertise in implementing SAP supply chain solutions and SmartOps’ success with SAP customers makes this partnership a natural fit,” said Sridhar Tayur, CEO and founder of SmartOps. “Our joint customers will benefit from an even greater ability to continually improve supply chain performance and drive value to the bottom line. Bristlecone’s presence and reputation in Europe and Asia also allows us to extend our global reach and better market and implement MIPO on a global basis.”

MIPO enables customers to achieve both a rapid return on investment and a long-term competitive advantage by determining the best possible inventory and product availability plans given inherent uncertainties, time-varying data, multi-location and inventory stage complexities, and aggressive customer service goals. MIPO dynamically generates optimal inventory targets for each stage of the supply chain while providing visibility into each inventory requirement -- including safety, cycle, pre-build, pipeline and merchandising stock requirements, by item or stock-keeping unit (SKU) -- to meet desired service levels. MIPO’s optimized inventory targets serve as critical inputs for enterprise resource planning and advanced planning & scheduling systems, so they deliver better intelligence for inventory planning and execution.

About SmarOps:
SmartOps, the market leader in enterprise-class inventory optimization solutions, enables companies to more effectively manage the uncertainty of complex, multi-stage supply chains to achieve rapid return on investment and long term, sustainable value. Deploying SmartOps’ practical and powerful solutions has dramatically improved critical, key planning targets leading to reduced working capital and increased profitability at Fortune 500 and Global 500 companies in heavy automotive, 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.

About Bristlecone:
Bristlecone Inc. is a leading provider of consulting and solutions around the extended supply chain, primarily focused on the mySAP suite. The company is managed by a strong team of senior executives, who have significant experience in ERP, supply chain management, and other offerings in the mySAP Business Suite. Bristlecone’s extensive client base includes global leaders such as Motorola, Palm and Nike and several companies in the mid market and SMB sectors in industry verticals such as high tech and semiconductor, consumer goods, apparel and footwear, oil and gas, chemicals and automotive. Bristlecone has a strong partnership with SAP and extensive working relationships with SAP Americas, SAP AG and SAP India. For more information on Bristlecone, visit www.bcone.com.
 
 
 
   
 
 
 
 
 
   
 
 
 
 
 
 
 
 
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