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Polyone Distribution to Implement
Optiant's Powerchain® Suite
Leading Plastic Resins Supplier to Deploy Industry-Centric Solution to Reduce Expediting Costs, Enhance Service Levels
BOSTON (April, 11 2006) - PolyOne Distribution, a leading supplier of plastic resins for more than a dozen major chemical companies, has selected Optiant, the leading provider of inventory planning and optimization solutions, to reduce rising expediting costs and improve customer service levels. PolyOne will utilize the award-winning PowerChain® Suite to design a more responsive and resilient supply chain that will optimize bottom line performance while balancing resources, total costs and service levels.
A unit of Cleveland-based PolyOne Corporation, PolyOne Distribution operates customer service centers in the United States, Canada and Mexico. PolyOne Distribution delivers a full range of quality resins from top North American chemical companies and smaller suppliers from around the world, including Dow Chemical, BP Amoco and DuPont. Working with the company's supply chain solutions team, Optiant will help PolyOne better manage its supply chain to meet rising customer demands for quick turnaround within the plastics industry.
"In the plastics distribution business, profitability is dependent upon effectively meeting our customers' demands in a time-efficient manner," said Tim Lewis, PolyOne Distribution Project Manager. "We selected Optiant based on their robust industry-specific knowledge, and we are confident that Optiant's leading chemical industry solution will help us ensure we are as efficient as possible."
Optiant's Chemical Solution is designed to help companies better manage the chemical supply chain and address industry-specific pain points. "We are pleased to be working with industry leader, PolyOne Distribution," said Matt Menner, Optiant Senior Vice President, Global Sales and Alliances. "Optiant's robust PowerChain® Suite will enhance PolyOne's profitability by reducing expediting costs and improving customer service levels by streamlining their supply chain."
About Optiant
Optiant, the leading provider of inventory planning and optimization solutions, helps Global 2000 companies optimize bottom-line performance through the creation of the world's most responsive and resilient supply chains.
Optiant's solutions optimally balance resources, total costs, and customer service across the supply chain to deliver greater profitability, increased customer satisfaction, more efficient use of capital, and a resilient supply chain that fully handles uncertainty in supply and demand. Optiant has transformed supply chains for the world's leading manufacturers including Black & Decker, Gillette (a Procter & Gamble division), Henkel, HP, Imation, Intel, and Sonoco.
Delivering millions of dollars in returns, Optiant’s industry-focused solution certified for integration by SAP generates quantifiable business results within 90 days of implementation. The solutions are based on award-winning research from MIT and decades of experience dedicated to the identification and realization of supply chain efficiencies. For more information, please visit www.optiant.com.
About PolyOne Corporation
PolyOne Corporation, with 2005 annual revenues of approximately $2.5 billion, is a leading global polymer compounding and services company and a North American distributor of thermoplastic resins. Product offerings include vinyl and other thermoplastic compounds, polymer coating systems, color and additive masterbatches, and specialty vinyl resins. Headquartered in northeast Ohio, PolyOne has joint ventures in North America and South America and manufacturing facilities in North America, Europe, Asia and Australia. Information on PolyOne's products and services can be found at www.polyone.com.
CONTACT: Suzy Watson
+1 312 873 3423
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