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Article: Penske Logistics Selects SynQuest Supply Chain Planning Software; Penske to Leverage SynQuest Software to Further Optimize Inbound Logistics Networks.
- Article from:
- Business Wire
- Article date:
- February 21, 2002
CopyrightCOPYRIGHT 2002 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Business Editors & High-Tech Writers
ATLANTA--(BUSINESS WIRE)--Feb. 21, 2002
SynQuest, Inc. (Nasdaq:SYNQ) today announced that Penske Logistics and SynQuest have agreed on a $1.5 million software license contract for SynQuest supply chain planning software. Penske has licensed SynQuest Supply Chain Design, Inbound Planning and Tactical Planning Engine software to provide enhanced logistics services.
The SynQuest solutions help develop optimized strategic, tactical and operational logistics plans from new model introduction to full plant production. The solutions are designed to support lean logistics by determining the frequency and delivery of ...