WILMINGTON, Del. – May 17, 2010 – Arkieva (arkieva.com), designer and supplier of the Arkieva suite of supply chain management (SCM) software products, announced today that it has been recognized by Supply & Demand Chain Executive magazine for supply chain excellence and its work in helping clients weather the recession and position their business for future growth in a post-recessionary business environment.
“As the economy makes tentative steps toward recovery and growth, our readers are turning to Supply & Demand Chain Executive to learn about solutions and best practices for enabling business expansion through supply chain excellence,” said Andrew K. Reese, editor of Supply & Demand Chain Executive. “With this year’s Supply & Demand Chain Executive 100, we highlight a broad range of supply chain solution and service providers that are helping to position their customers for the ‘New Normal’ economic environment.”
Arkieva was named to the S&DCE 100 for work it did with an international chemical company that is a major supplier to the automotive industry. Using the Arkieva Demand Planner, the company was able to reduce its inventory by 30% and save more than $30 million. In addition, through better demand planning, the company was able to reduce the number of product changes on machines, resulting in a significant additional cost savings.
The Arkieva implementation was begun at the height of the economic crisis, was quick and non-disruptive to the business, and obtained savings within months of kick-off.
“While a recovery seems to be taking hold, there is a great deal of uncertainty and variability in the market,” said Jane Lee, vice president of supply chain solutions at Arkieva. “Companies that have positioned themselves to react quickly to demand shifts have found they can be more responsive without eroding margins.”
Arkieva, founded in 1993, is the developer of the Arkieva software solutions for process manufacturing industries. Its headquarters are in Wilmington, Del., with European operations in Antwerp, Belgium. Arkieva products enhance productivity and reduce operating costs in the supply chain. Such major corporations as Hexion, Terra Industries, Sunsweet Growers, ANADIGICS, INEOS and Akzo Nobel use Arkieva advanced planning solutions. For more information see arkieva.com.