Business Editors
CHICAGO--(BUSINESS WIRE)--May 4th, 2001
LogicTools announces the release of LogicChain 3.1, an upgraded version of its innovative supply chain tactical planning tool which includes many new features. LogicChain(R) is particularly applicable to industries with
While logistics network design has long been recognized as an area where software that utilizes optimization technology can enhance decision-making, the area of tactical planning has remained in the realm of guesswork and spreadsheets. How to plan seasonal build-up, availability of stock for promotions and other decisions that effect working capital and costs have not been analyzed using decision support software. LogicChain(R) fills this gap by employing the ease of use, performance and affordability that has made LogicNet(R) a leading tool for strategic network design. In addition, the tools are compatible so users can complete a network design study and from there proceed to the more detailed tactical planning.
Why do clients choose LogicTools? Among other things such as affordability and solver speed, "Ease of use! The fact that LogicChain is fully integrated with Excel & Access makes it so easy to manage the data," says Kevin Adams, manager of information systems at Arch Chemicals.
Companies that have recently purchased LogicTools products and services include, Caterpillar, ConAgra, Consolidated Containers, Edwards Life Sciences and Kraft foods.
About LogicTools
LogicTools, Inc. (http://www.logic-tools.com/) is a Chicago, Illinois based -technology company specializing in supply chain planning software and consulting. The company was established in 1995 by David Simchi-Levi of MIT, one of the nation's leading researchers in the field of logistics and supply chain management. LogicTools utilizes optimization technology to address a wide range of logistics/supply chain problems and offers professional consulting services ranging from simple base-line model building to comprehensive network design to improving supply chain efficiencies. LogicTools' software is the price performance leader in supply chain planning. Clients include many logistics leaders such as: International Paper, Pillsbury, Ryder System, Inc., S.C. Johnson, UPS Professional Services and Walgreens.