SAN FRANCISCO, CA -- (MARKET WIRE) -- October 24, 2006 -- Maxager Technology, the original provider
of velocity-driven enterprise profit optimization solutions, today
announced Maxager 7.3. Building on its unique "profit-per-minute"
approach, version 7.3's new cost modeling capabilities provide
manufacturers even greater control over profits and return on assets by
enabling them to predict the impact of cost component changes and analyze
in great detail the cost-to-serve any customer or market.
"Maxager solved the extremely difficult challenge of integrating production
velocity data and margin information some time ago," said Michael
Rothschild, Founder and CEO of Maxager. "Now with the introduction of our
advanced cost modeling capability, our customers can gain an even more
detailed view into the true sources of their profitability. Our advances
in cost modeling will allow our customers to make better decisions and
exert even greater control over their bottom line."
Maxager 7.3 allows an unlimited number of cost components, both variable
and fixed, to be interactively modeled for specific products, customers,
markets, salespeople, and production facilities. Fast, precise cost
modeling enables customers to gain even tighter control over the
profitability of individual products, customers, deals, markets, regions,
sales teams, and production facilities.
"Achieving precise visibility into profitability is no easy task," added
Rothschild. "Companies looking to use the profit-per-minute approach can
either take the long road of in-house development -- which requires both
technology and profit-per-minute domain expertise -- or use an existing
commercial solution. Companies such as Dow Chemical and Owens-Illinois have
chosen to go with Maxager as they want to reap the benefits of a
profit-per-minute approach now."
Manufacturers using the profit-per-minute approach are able to stop profit
leakage worth 3-5% of revenue. For a $1 billion revenue company, this is
equal to an extra $500,000 to $1 million per week on the bottom line.
Additional features in Maxager 7.3 include:
-- Expanded variance analysis and drill-down capability
-- New report and chart types
-- Enhanced security options
-- Multiple currency and unit of measure capability
Pricing and Availability
Maxager 7.3 is available now. For more information about Maxager 7.3,
visit
www.maxager.com, email us at
info@maxager.com, or call
+1.888.MAXAGER.
About Maxager Technology
Founded in 1996, Maxager's patented enterprise profit optimization (EPO)
solutions help leading chemicals, metals, electronics and other complex
manufacturers such as Dow Chemical Company, Owens-Illinois, Severstal and
Siliconware Precision Industries increase cash and profit worth 3-5% of
revenue. Uncovering profit gain opportunities that are obscured by
traditional "margin only" analysis, Maxager uses both margin and production
velocity information to analyze history and generate realistic forward
modeling that provides management teams an entirely new level of control
over Return on Assets (ROA) -- the key driver of shareholder value. Ideal
for manufacturers with a wide range of products, customers and assets,
Maxager's unique technology calculates precisely how fast each product,
customer, or market generates cash and profit from the assets, allowing
managers to truly optimize product mix & customer mix profitability, sales
& profit planning, strategic pricing, and production planning. New
customers typically begin reaping benefits within 60 days. Maxager is
headquartered near San Francisco with offices in Europe and Asia. For more
information, visit
www.maxager.com or call +1.888.MAXAGER.
©2006 Maxager Technology. All rights reserved. Maxager is a registered
trademark of Maxager Technology, Inc. All other trademarks are the sole
property of their respective owners.
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