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AK Steel to Use Maxager to Improve Product Margin Analysis
| Source: Maxager
SAN FRANCISCO, CA--(Marketwire - August 15, 2007) - Maxager, the leading provider of
enterprise profit optimization (EPO) solutions, today announced that AK
Steel, one of North America's premier steel producers
(http://www.aksteel.com), has successfully implemented Maxager for its
hot-dipped galvanized product line to assist the steelmaker in analyzing
margin potential for its various product offerings. Initially being used in
three plants, the company is considering expanding Maxager to other product
lines as well.
"Maxager's graphic depiction of our operation's profitability provides
another dimension to our ability to analyze our product portfolio," said
Douglas Gant, Vice-President of Sales and Customer Service for AK Steel.
"Being able to better portray the true profit potential of our business
operations should allow us to make better decisions."
Maxager's software as a service model is up and running in weeks, with
normally no added hardware or software requirements. Maxager combines
existing operational data into a composite profit-per-minute metric which
enables users to quickly identify potential profit improvement
opportunities.
About AK Steel
Headquartered in Ohio, AK Steel produces flat-rolled carbon, stainless and
electrical steel products, as well as carbon and stainless tubular steel
products, for automotive, appliance, construction and manufacturing
markets. More information can be found at http://www.aksteel.com/.
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, Owens-Illinois, Siliconware Precision
Industries, and WCI Steel increase cash and profit. 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.
©2007 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.