DALLAS, TX, November 22, 2010 /24-7PressRelease/ -- River Logic, Inc., a leading provider of corporate performance management and predictive modeling software, today announced that its customer, Beaulieu Group, received a Ventana Research 2010 Leadership Award in the Supply Chain Performance category. The award recognizes the third largest carpet producer in the world for leveraging River Logic's Integrated Business Planner solution to optimize planning, decision support, and performance management across their value chain.
"The Leadership Awards honor organizations of all industries and sizes from across the world that have distinguished themselves in their approach to improving their performance," stated Mark Smith, CEO and EVP Research, Ventana Research. "The nominations this year were some of the best we have seen and both leaders and finalists are to be congratulated for the superior work they have done to accelerate their organizations' effectiveness and improve their business processes."
"We're pleased to be recognized for our business leadership through the use of Integrated Business Planner," said Gary Herd, Senior VP Production and Inventory Planning, Beaulieu Group. "Integrated Business Planner has enabled us to drive operational decisions from financial objectives, identify root causes impacting profitability, and determine which businesses and products are most profitable."
"Beaulieu Group has demonstrated the true power of Integrated Business Planner (IBP)," stated Carlos Centurion, COO, River Logic. "IBP establishes financials as an integral part of the S&OP process. IBP's approach is to model the value chain, revenues, and costs as they are incurred by a business. IBP extends scenarios supported to include demand shaping, product mix, policy, and financial constraint analysis. Multi-dimensional what-if analyses enables users to quantify the impact of cross-functional scenarios from both operational and financial viewpoints. IBP goes beyond traditional supply and demand balancing by evaluating the opportunity cost of constrained resources, maximizing the marginal contribution of SKUs and trade dollars, and optimizing the trade-offs between customer service and inventory policies."
The Leadership Awards have become a tradition delivered annually by the research team at Ventana Research, which through its benchmark research continues to pioneer the use of information and technology to manage and improve performance. As part of the scoring process, Ventana Research examined the submissions to evaluate the nominated organization's use of people, processes, information and technology, the best practices it developed, the degree of team involvement and the project's business impact and value.
About Ventana Research
Ventana Research is the leading benchmark research and advisory services firm. We provide expert guidance to help organizations manage and optimize performance - to become not only more efficient but more effective. Our unparalleled insights and best practices guidance are based on our rigorous research-based benchmarking indexes of people, processes, information and technology across business and IT functions worldwide. The combination we offer of benchmark research, rigorous market coverage and in-depth knowledge of hundreds of technology providers means we can deliver business and technology education and expertise to our clients where and when needed. The Ventana Research Indexes - the Value Index and the Benchmark Index family - have redefined the research industry by providing accessible, easy-to-use research-based business and technology guidance to businesses.
Ventana Research provides the most comprehensive analyst and research coverage in the industry; the many business and IT professionals worldwide who are members of our community benefit from Ventana Research's insights, as do highly regarded media and association partners around the globe. Our views and analyses are distributed daily through blogs and social media channels including Twitter, Facebook, LinkedIn, and Business Week's Business Exchange. Ventana Research was ranked the #1 analyst firm you can trust in enterprise software for 2009 for its relevance to the industry. We focus on business and technology trends and best practices that maximize organizations' potential to perform while reducing the time, cost and risk and still achieve optimal outcomes.
About River Logic
Founded in 2000, River Logic provides Corporate Performance Management (CPM) solutions which meaningfully impact consumer goods companies and health services providers. Consumer Goods Companies discover hidden potential through: Cost-to-Serve Planner - provides insight into which customers and products matter most and how they can be managed at the appropriate cost; Integrated Business Planner - enhances S&OP through seamless integration of financials, what-if analyses, and marginal profitability analyses; Trade Promotion Optimization Planner - ensures maximum return on trade spending by analyzing brand and account-level promotion strategies on an ongoing basis; and Network Design & Optimization Planner - optimizes networks to changes in demand, supply, labor, transportation, and outsourcing initiatives. Health Services Providers can improve performance in integrated delivery environments through increased operations visibility with Integrated Delivery System Planner . For more information, visit www.riverlogic.com.
# # #