|
Irvine, CA (December 5, 2003) - Wolverine Decision Technology, Inc. today
announced that Hymall, Shanghai Kang Cheng Storage Co., Ltd. has signed a pilot
Project agreement to deploy Wolverine's Collaborative Demand Management solution,
Wolverine2.5, in its Home Appliance product group to evaluate the strategic benefits of
Collaborative Demand Management in support of its forecasting, promotion and
replenishment planning processes.
Hymall, one of the leading brand names in Hypermarkets and Shopping Malls is a
subsidiary of the number one food product manufacturer and distributor in China, Ting-
Hsin Group (Chef Kang). Hymall has a very complex merchandise management and
purchase planning process due to the large number of products it offers in more than 25
stores nationwide.
Hymall is operating in a highly competitive but low margin market as it continues to
expand and open new stores throughout China. It is therefore essential for Hymall to find
ways to improve plan accuracy, process efficiency and lower costs in order to maintain
and enhance its competitive edge. After a diligent and comprehensive search, Hyamll
selected Wolverine for a Pilot Project of its integrated and adaptive real-time forecasting,
promotion and replenishment planning solutions.
Wolverine2.5 is expected to bring to Hymall advanced planning and alerting capabilities,
such as timely data visibility, collaboration and event management, and decision support
to increase efficiency and reduce costs. The Wolverine Demand Manager, Wolverine
Promotion Manager, and Wolverine Inventory Manager applications enable Hymall to
synchronize its sales forecasting, promotion planning, and inventory replenishment
planning across all operating regions in real-time.
###
About Hymall, Shanghai Kang Cheng Storage Co., Ltd.
Founded in 1997 in Shanghai, China, Hymall is recognized as the leader in hypermarkets
and shopping malls in China with high efficiency and effective management and an
emphasis in preserving and advocating traditional Chinese culture and value. Borrowing
the successful experience from its mother company, Ting-Hsin Group (Chef Kang),
Hymall plans to open at least 50 stores nation wide to establish a network of shopping
centers and logistics centers supported by e-commerce infrastructure to best serve its
customers. The detailed information can be reached at
www.hy-mall.com.
About Wolverine Decision Technology
Wolverine Decision Technology is a provider of collaborative demand management
software that improves demand forecast accuracy and dynamically synchronizes demand
with supply. The Wolverine software suite allows companies to capitalize upon
fast-changing market conditions by providing a 360 degree view of demand across
the enterprise and supply network in real-time. This enables companies to
intelligently manage global consensus demand forecasts for enhanced business
responsiveness, reduced inventory and logistics costs and increased customer
satisfaction and sales. Wolverine Decision Technology is a privately held company
headquartered in Irvine, California with an international office in Taipei, Taiwan.
The company can be reached at
www.wolverinedec.com
or (949)450-1680.
Company Contact:
Grace Chen
ph. 949.450.1680 ext. 7501
grace.chen@wolverinedec.com
|
