ALT−C Systems Inc. and Celerity Solutions announce Strategic Alliance
MONTREAL - October 14, 1998 -
ALT−C Systems Inc. of Montreal, Quebec and Celerity
Solutions (Nasdaq: CLTY, "Celerity"), headquartered in Dedham,
Massachusetts, announce a strategic alliance, whereby ALT−C
Systems' TimeTrends® software will provide demand
forecasts to drive Celerity Solutions' Supply Chain Planner system.
Supply Chain Planner is designed for data-intensive Customer driven
Distribution environments, where a demand forecast is required
to calculate replenishment, procurement and movement of product
from suppliers to customers. The interface between Celerity's
real-time Supply Chain Planner and ALT−C's TimeTrends
forecasting product gives supply chain planners an up-to-the-minute
view of their supply chain from end to end.
"The industry is demanding best-of-breed solutions that easily integrate
with each other" says Paul Fluckiger, Celerity's President of
Planning Systems. "The integrated product solution that the Planner
and TimeTrends offer are among the most sophisticated
modeling in the marketplace. Yet, it takes place behind the screen,
so the user does not have to be a mathematician. And the easy-to-use
graphical interfaces give the planner what he needs to do his
or her job effectively."
Now, users can review their forecast information, and with the push of
a button, use this forecast to update their supply plan. The patented
real-time planning algorithm takes the forecast and recalculates the supply
plan immediately. This gives the planner the earliest possible notification
of an changes in the supply plan.
The TimeTrends Forecast Warehouse system allows
creation of forecasts based on historical trending and seasonal
patterns, using a powerful mathematical engine consisting of multiple
algorithms. This is combined with promotional event impacts and
user-generated overrides. TimeTrends also provides
a flexible administrative system for all forecast-related information,
within a Y2K-compliant, Internet-enabled 32-bit application.
TimeTrends and the Continuum/Supply Chain Planner products
are designed for Windows 95/NT and are integrated using ODBC and
an open data structure.
ALT−C Systems Inc.: ALT−C Systems Inc., headquartered
in Montreal, Quebec - Canada, are the developers of TimeTrends
Forecasting systems, a forecasting software serving manufacturing,
distribution and sales force automation environments. TimeTrends
has been previously integrated with various MRP and ERP systems,
to provide high quality forecasts to drive Master Production Scheduling
or Replenishment modules. ALT−C Systems Inc.
is a privately held software development company specializing
in forecasting decision support tools.
Celerity Solutions: Celerity Solutions, Inc. is a leading single-source
provider of supply chain and warehouse management software. The company
was founded in 1982 and has offices in Dedham, MA, Denver, CO, Los Angeles,
CA, Irvine, CA, and St. Petersburg, Russia. Some of the companyıs clients
include Alcatel, AT&T, Corporate Express, Champion Paper, GTE, Honeywell,
Methanex Methanol, Nortel, and Emery Waterhouse.
For additional information contact:
ALT−C Systems Inc.
Pierrefonds, Quebec, Canada