ICON-SCM Named as Supply Chain Innovation Award FinalistSeptember 3, 2009
ICON-SCM's supply chain management solution helps customers cut planning time from weeks to minutes, reduce inventory and increase flexibility.
CAMPBELL, CA /PRNewswire/ -- ICON-SCM, a global leader in supply chain planning and collaboration software, announced that its supply chain planning solution has been named as a finalist for the 2009 Supply Chain Innovation Award by the Council of Supply Chain Management Professionals (CSCMP). The Supply Chain Innovation Award recognizes the most innovative solutions and ideas in the supply chain profession. CSCMP is the leading worldwide professional association dedicated to education, research, and the advancement of the supply chain management profession. Award finalists are selected for their innovative technology, implementation strategy and their overall fiscal and operational impact.
"At ICON-SCM, we collaborate strategically with our customers to produce measurable and valuable improvements to their supply chain and more importantly, their bottom line," said Spencer Miller, CEO of ICON-SCM. "Our suite of supply chain planning tools helps customers turn the inherent challenges of outsourced manufacturing into a business advantage. We are honored to be recognized by CSCMP for our work, and privileged to have such visionary customers."
Many companies today are outsourcing 100% of their supply chain. While outsourcing can reduce infrastructure costs, it can also reduce a company's visibility and control as critical information needed to manage excess costs and provide timely response to customers becomes fragmented across multiple vendors and suppliers. ICON-SCM is nominated for helping its customers gain visibility into disparate supply chains and respond with more accuracy and speed to customer needs and demand.
For many companies, the supply chain planning process involves gathering data from each supplier and vendor. This process usually takes weeks to complete, and by the time the data is gathered, market conditions may have shifted and made much of the plan obsolete. With the ICON-SCM solution, planning time goes from weeks to minutes because ICON-SCM creates a common framework for gathering data from all vendors and suppliers, making it easy to have visibility into supply chain conditions at all times.
ICON-SCM will present its solution in detail at the CSCMP conference in Chicago on September 21, 2009 at 1:45pm. For more information on ICON-SCM's supply chain management tools, visit the company's Web site.
Founded in 1992, ICON-SCM is a supply chain planning and collaboration software provider. The company's line of supply chain products are known as some of the fastest and most intelligent products on the market. The company's products include ICON-SCP for supply chain planning, ICON-SCC for supply chain collaboration and ICON-SLM for supply liability management. Customers include global leaders such as Hewlett Packard, Foxconn, Sanmina-SCI and Western Digital. ICON-SCM is headquartered in Karlsruhe, Germany, with offices in Campbell, CA and Chennai, India.
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