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NOKIA PARTNERS WITH MANAGISTICS

NEW YORK-Managistics Group Inc., Rockville, Md., announced Nokia Corp. selected it to optimize Nokia’s global supply chain operations.

Nokia’s goal is to increase customer service while gaining significant efficiencies along the supply chain in the areas of manufacturing planning and scheduling, supply planning, inventory management and demand forecasting.

“Because supply chain management is a strategic initiative at Nokia and critical to maintaining competitive advantage, we sought a partner for the long term that would deliver industry-specific, innovative solutions with proven results,” said Pertti Korhonen, Nokia’s senior vice president of operations and global logistics.

“Managistics’ high-tech solution is broad, deep and available to implement today, and [its] vision for the future of this industry is compelling.”

Managistics said it has more than 700 other corporate customers in the high-tech sector including Alcatel Alsthom SA, Hewlett-Packard, IBM Corp., Lucent Technologies Inc., Northern Telecom, Paging Network Inc., Sony Corp. and Texas Instruments.

“The high-tech supply chain is becoming increasingly complex and competitive, with product life cycles shortening, increasing requirements for capital investments in plant and equipment, customer demand continuously changing and the development of customized products rising,” said William M. Gibson, chairman and chief executive officer of Managistics.

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