DALLAS, TX, December 06, 2010 (Press-News.org) River Logic, Inc., a leading provider of corporate performance management and predictive modeling software, today announced that Nampak Tissue, a division of one of the largest packaging companies of metals, paper, plastics, and glass based in South Africa, has selected a module of Cost-to-Serve (CtS) Planner to improve internal processes to reliably predict the impact of business decisions on total system costs.
"With the ability to do cost comparison between various manufacturing processes and sites, Nampak can allocate manufactured goods to the most profitable supply stream. Additionally, with the solution's rapid what-if capability, we can test the effect of price and cost increases. We'll be able to analyze the impact of changes by viewing our financial statements, in particular the income statement, which will show the net effect on our bottom line," said Rizwan Hassen, Business Director, AFH for Nampak. "In the past, financial analysis of the business as a whole was awkward and time-consuming. Now, we'll be able to rapidly complete a variety of analyses, including at the plant or at the customer level."
River Logic is delivering this lighter version of CtS Planner through its international distributor partner, Business Modelling Associates (BMA). "We've been working exclusively with BMA for 2-years in the South African market. They have a deep understanding of Nampak's requirements and they're providing the technology and domain expertise which will help Nampak address internal and external business challenges. We're delighted that Nampak selected BMA over other vendors. CtS Planner is a new type of costing solution that seamlessly integrates business requirements and operational processes to provide deep visibility into drivers, and it supports rapid, easy-to-use what-if analyses," stated Philip Higginbotham, VP Business Development, River Logic.
CtS Planner gives manufacturers insight into profitability, whether it is generated by product, customer, or activities. With this kind of insight, manufacturers can control expenses; defend against downward price pressure; improve operational efficiencies; and optimize service offerings, product portfolio, and promotions.
At each step in the supply chain process, Nampak will use the CtS Planner module to secure cost information at the product/product family level. Rapid what-if analysis will allow them to test various costing and supply scenarios, and via reporting, unit costs can be analyzed and compared to determine opportunities for profit optimization and product rationalization. The solution will also provide a means for Nampak to validate and update costs that are driven by their ERP system for operations and financial functions.
"This module of CtS Planner will help Nampak find the right balance between containing costs and ensuring profitability. We're pleased with their selection of the solution," said Carlos Centurion, COO for River Logic. "This is just the first step towards a fully integrated value chain. Our solution suite integrates and optimizes planning end-to-end across an enterprise, allowing managers to confidently make more effective and profitable business decisions."
About Nampak Limited
Nampak is a packaging manufacturer headquartered in Sandton, South Africa. The Company has 65 operations throughout South Africa and 25 operations in 10 countries on the African continent. It also has 20 operations in six countries in Europe. Nampak operates in four segments. The metals and glass segment manufactures beverage cans, food cans, aerosol cans, other metal packaging, and glass packaging. The paper segment manufactures corrugated boxes, folding cartons, toilet tissue, and other paper products. The plastics segment manufactures plastic bottles, crates and drums, checkout bags, tubs and tubes, and a range of flexible plastics products. For more information, visit www.nampak.com.
About River Logic
Founded in 2000, River Logic provides Corporate Performance Management (CPM) solutions which meaningfully impact consumer goods companies and health services providers. CPM solutions are built on our predictive modeling and analysis platform, Enterprise Optimizer (EO). EO drives our differentiation and yields significant commercial advantages to partners and clients.
Consumer Goods Companies discover hidden potential through: Cost-to-Serve Planner - provides insight into which customers and products matter most and how they can be managed at the appropriate cost; Integrated Business Planner - enhances S&OP through seamless integration of financials, what-if analyses, and marginal profitability analyses; Trade Promotion Optimization Planner - ensures maximum return on trade spending by analyzing brand and account-level promotion strategies on an ongoing basis; and Network Design & Optimization Planner - optimizes networks to changes in demand, supply, labor, transportation, and outsourcing initiatives. Health Services Providers can improve performance in integrated delivery environments through increased operations visibility with Integrated Delivery System Planner. For more information, visit www.riverlogic.com.
Nampak Tissue to Implement River Logic's Cost-to-Serve Solution to Drive Profitability Through Their Value Chain
River Logic's Cost-to-Serve Solution to provide Nampak Tissue with true insight into costs, profitability, and operational trends within their supply chain.
2010-12-06
ELSE PRESS RELEASES FROM THIS DATE:
ExtraMD, Denver's Local Locums, Creates Easier Access to Fill In Physicians!
2010-12-06
ExtraMD created an online process so clients can instantly ask for physician coverage to fill in at practices where more physicians are needed. Clients simply go to ExtraMD's website, www.extramd.com and click the "request a physician" button. After logging in, the client may request days, times and specific physicians for coverage. Emails are instantly sent to all ExtraMD's physicians, who then can step in and fill in for the medical practice.
ExtraMD, owned and operated by Marica Pook, MD, is a group of family practice and internal medicine physicians who live in the ...
UIC researcher unveils new approach to blocking malaria transmission
2010-12-05
University of Illinois at Chicago researcher Dr. John Quigley will describe a promising new approach to blocking malaria transmission during the American Society of Hematology's annual meeting in Orlando, Fla.
Quigley will speak at a press briefing Saturday, Dec. 4, at 8 a.m. at the Orange County Convention Center, 9800 International Drive, Room 208C (West Building). His abstract, "Anopheline Orthologs of the Human Erythroid Heme Exporter, FLVCR, Export Heme: Potential Targets to Inhibit Plasmodium Transmission," will be presented at the plenary session Sunday.
The ...
All Hard Rock Clothing Company Announces The First New Style Line For 2011
2010-12-05
All Hard Rock Clothing Company is an independent upstart that is getting around fast. From their mid-2010 inception, mocking the graphic style of Ed Hardy, the clothing has appeared as a more cost effective alternative to the otherwise more expensive trends on the market today. Offering musical artists product in exchange for visibility has given the label a boost in attention. Indie films in Europe as well as the US and a series of Extreme Sports enthusiasts have made the style line a popular daily dress for today's young consumers.
Some of the new design lines coming ...
GoPicnic Partners with US Airways to Provide a Mexican-Inspired Onboard Snack Combo of All-Natural Tortilla Chips and Salsa
2010-12-05
GoPicnic, the leader in ready-to-eat meal solutions, has partnered with US Airways to feature a new Mexican-inspired snack combination of all-natural Frontera Salsa and Late July Organic Multigrain Tortilla Chips in US Airways MarketPlace , the airline's popular on board menu of food, drinks, snacks and more.
Starting today, the new snack combination is available for $3 on most flights over one hour, departing between 5 a.m. and 8 p.m., excluding US Airways Shuttle and US Airways Express. The snack combination is nutritionally balanced and individually wrapped, offering ...
Greencell Technologies - The GNUL Process
2010-12-05
Emulating nature, algae are grown and are periodically harvested from the bio-processor; mature algae are dislodged and collected while immature algae cling to a membrane and continue to grow. Light is collected and distributed via vertical rods centred in the growth membranes.
Avoid getting taken by Internet scams. Protect yourself and keep updated. Help support scam and fraud busters. Don't get scammed.
The perfect discrete environment for controlled photosynthesis.
Oil extracted from mature algae can be converted to biofuels using well-established technologies. ...
The Unemployment Rate Rises to 9.8% and Increases Job Posting Exposure for Employers Using FindAChristianJob.com
2010-12-05
The Christian Monitor reported on December 3, 2010, that the unemployment rate is back up to 9.8% in the United States. Many employers have been cautious about hiring in this economy. However, Dice Holdings reports having interviewed more than 1,000 companies, over half responded that they would move towards a big hiring push in 2011.
While the unemployment rate can be overwhelming, FindAChristianJob.com helps job seekers by providing an easy and effective way to match their skills and interests to job openings at churches and Christian businesses across the nation. ...
The Alzheimer's Association, Orange County Expands Board - Chapter Announces the Addition of Four New Board Members
2010-12-05
The Alzheimer's Association, Orange County Chapter today announced that it has added four new members to its board of directors including David G. MacInnis, Richard F. Marr, Jr., Marla J. Joel and Michael J. Lancaster. This raises the number of board members to 16 to govern the chapter, along with a 10-person advisory board of non-voting members.
Paul Wexler, board chair, believes that "Orange County is seeing first-hand the devastating impact of Alzheimer's and dementia-related diseases on the key elements of our society: individuals, families, caregivers and employers. ...
The Importance of Graphic Design to Online Printing
2010-12-05
While this can certainly help the pocketbook short term, there are some considerations that should be taken into account before you click the Enter button and submit your order. Do not be misled to believe that simply putting a company name and messaging on a page and having it printed is the best answer.
Online printing services offer affordable printing on a wide variety of products, from everyday needs like business cards and letterhead, to special marketing items such as brochures and door hangers and furthermore to even more complex materials such as detailed sales ...
Presto Night Life announces free Moet Champagne.
2010-12-05
Presto Night Life, a division of Presto Productions, Inc., has announced a new special for visitors and locals of Las Vegas - a free bottle of Moet champagne when riding in a free limousine to a Las Vegas gentlemen's club.
Presto Night Life prides itself on its free platform, meaning clients will receive free limo rides, free drinks and, amongst other things, be put on a nightclub's VIP guest list for free.
"Many people ask me what the catch is," says Preston Howard, CEO of Presto Productions, Inc. "There really is no catch - we have great relationships with all ...
Summer Sky Announces Special Holiday Treatment Rate
2010-12-05
The Holiday Season is upon us and every year Summer Sky Treatment Center offers an opportunity for more people to seek addiction treatment. The gift of sobriety begins with those that seek out treatment for their particular Substance Use Disorder.
Summer Sky, a National Addiction Drug and Alcohol Treatment provider that was recently listed in the Newsweek Magazine's Best of Dependency and Addiction Solutions section is seeking to help more people during the holiday season.
We are offering our annual holiday special with a 25% discount off our 30-day treatment stay ...
LAST 30 PRESS RELEASES:
Scientists unlock secrets behind flowering of the king of fruits
Texas A&M researchers illuminate the mysteries of icy ocean worlds
Prosthetic material could help reduce infections from intravenous catheters
Can the heart heal itself? New study says it can
Microscopic discovery in cancer cells could have a big impact
Rice researchers take ‘significant leap forward’ with quantum simulation of molecular electron transfer
Breakthrough new material brings affordable, sustainable future within grasp
How everyday activities inside your home can generate energy
Inequality weakens local governance and public satisfaction, study finds
Uncovering key molecular factors behind malaria’s deadliest strain
UC Davis researchers help decode the cause of aggressive breast cancer in women of color
Researchers discovered replication hubs for human norovirus
SNU researchers develop the world’s most sensitive flexible strain sensor
Tiny, wireless antennas use light to monitor cellular communication
Neutrality has played a pivotal, but under-examined, role in international relations, new research shows
Study reveals right whales live 130 years — or more
Researchers reveal how human eyelashes promote water drainage
Pollinators most vulnerable to rising global temperatures are flies, study shows
DFG to fund eight new research units
Modern AI systems have achieved Turing's vision, but not exactly how he hoped
Quantum walk computing unlocks new potential in quantum science and technology
Construction materials and household items are a part of a long-term carbon sink called the “technosphere”
First demonstration of quantum teleportation over busy Internet cables
Disparities and gaps in breast cancer screening for women ages 40 to 49
US tobacco 21 policies and potential mortality reductions by state
AI-driven approach reveals hidden hazards of chemical mixtures in rivers
Older age linked to increased complications after breast reconstruction
ESA and NASA satellites deliver first joint picture of Greenland Ice Sheet melting
Early detection model for pancreatic necrosis improves patient outcomes
Poor vascular health accelerates brain ageing
[Press-News.org] Nampak Tissue to Implement River Logic's Cost-to-Serve Solution to Drive Profitability Through Their Value ChainRiver Logic's Cost-to-Serve Solution to provide Nampak Tissue with true insight into costs, profitability, and operational trends within their supply chain.