| Air Products Selects Steelwedge Software to transform planning and forecasting processes |
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| Solution will augment its SAP backbone across all divisions |
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| PLEASANTON, CA – April 12, 2005 – Steelwedge Software, a leader in Enterprise Planning and Performance Management solutions, today announced that Air Products and Chemicals, Inc. (NYSE:APD), a $7.4B, world-wide supplier of global gases and specialty chemicals for high growth markets including technology, performance materials, energy, and healthcare, has selected Steelwedge Software to support a company-wide planning and forecasting process. The Steelwedge solution will augment its global implementation of SAP.
Steelwedge will drive the Air Products Sales and Operations Planning process across multiple divisions. Selected Air Products divisions will also use Steelwedge for forecasting and demand planning. Using the Steelwedge Solution, Air Products will be able to create a rough cut capacity plan, balance supply with demand, improve forecast accuracy, align business and operational plans, accelerate planning cycles, minimize COGS, reduce logistics costs, lower inventory, improve customer delivery performance and share best practices through common tools and processes.
“We needed to streamline our planning processes and reduce planning cycle time across all our divisions,” said Stu Reekie, Global Process Manager, Integrated Supply Chain at Air Products. “After a thorough evaluation of various vendors, we selected the Steelwedge solution for its ability to drive a consensus planning process in an organization of our size and complexity. We were also very impressed with the powerful yet very easy to use and implement planning framework offered by Steelwedge.”
“We are delighted that Air Products selected us over other vendors and we look forward to working very closely with them to ensure a successful implementation, resulting in a rapid ROI,” said Steelwedge Software CEO Timothy Campbell. “The Steelwedge EPPM solution continues to see significant interest from Fortune 1000 and mid-sized companies with complex organizational models, multiple channels and broad product lines who want to significantly revamp their planning and performance management processes.”
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About Steelwedge
Steelwedge Software, Inc. is the leading innovator in the emerging field of Enterprise Planning and Performance Management, helping manufacturing companies create, validate and synchronize functional plans, actively align them with business and financial targets, and gain executive visibility and control over enterprise performance. Founded in 2000, Steelwedge Software is privately held and located in Pleasanton, California. For more information, please visit www.steelwedge.com.
Steelwedge and all Steelwedge product names are trademarks or registered trademarks of Steelwedge Software, Inc. All other company and product names are trademarks of their respective holders.
About Air Products
Air Products (NYSE:APD) serves customers in technology, energy, healthcare and industrial markets worldwide with a unique portfolio of products, services and solutions, providing atmospheric gases, process and specialty gases, performance materials and chemical intermediates. Founded in 1940, Air Products has built leading positions in key growth markets such as semiconductor materials, refinery hydrogen, home healthcare services, natural gas liquefaction, and advanced coatings and adhesives. The company is recognized for its innovative culture, operational excellence and commitment to safety and the environment and is listed in the Dow Jones Sustainability and FTSE4Good Indices. The company has annual revenues of $7.4 billion, operations in over 30 countries, and nearly 20,000 employees around the globe. For more information, visit www.airproducts.com.
Contact:
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Janine Kromhout, Kickstart Consulting
(650) 269-1417
jkromhout@KickstartConsulting.com |
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