PRTODAY / NewswireToday Free press release distribution service network

More news: Software
Written by / Agency / Source: Lanner Group, Inc.

Check Ads Availability|e-mail Article


Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!

Honored OR Society Goodeve Medal Winners 3M Have Lanner Simulation Ties - Goodeve Medal Recipients and distribution planners at multi-national manufacturer 3M used Lanner's WITNESS Process Improvement Software for Award-Winning Evaluation Project
Honored OR Society Goodeve Medal Winners 3M Have Lanner Simulation Ties

 

NewswireToday - /newswire/ - Houston, TX, United States, 2011/03/10 - Goodeve Medal Recipients and distribution planners at multi-national manufacturer 3M used Lanner's WITNESS Process Improvement Software for Award-Winning Evaluation Project.

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Software Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Lanner Group, the leading simulation specialist, congratulates its established business partner 3M, honored with a Goodeve Medal from the Operational Research (OR) Society in recognition of its work in simulation driven evaluation.

3M's award-winning case orientated paper published in the society's Journal of Operational Research described how Lanner's flagship WITNESS software system enabled the large multi-national research and development company to evaluate performance improvement gained through introducing product postponement into its distribution operations.

Product postponement involves altering the timing of products within the supply chain and investigates if it is cost-effective to delay certain manufacturing processes, such as assembly, until a customer order is received.

Using WITNESS, distribution planners at 3M evaluated the trade-off between stock holding costs and delivery performance to customers. Honoring the paper’s authors the OR Society citation stated that,

"The judges were impressed with the way that customer ordering behavior had been realistically modeled and by the resulting decision support tool that could tune the system for best performance as well as investigating what-if scenarios. The model is scalable to include more customers, branches, stock holding units and products and the company now intends to apply the tools to a wider range of products."

Congratulating its award-winning partner 3M, David Jones, CEO, Lanner comments, "On behalf of Lanner I congratulate the honorees recognized in this prestigious industry award.

He continues, "We're ecstatic that our long-term partners at 3M have been recognized for their work in simulation, more so knowing our software's involvement. Lanner products allow firms to eliminate inefficiency, improve customer service, and gain competitive edge through the accurate evaluation of business decisions before implementation, and in this case study WITNESS facilitated just that."

This award was named in memory of Sir Charles Goodeve, one of the founders and pioneers of civilian Operational Research after World War 2 and a leader for many years of the OR Club and Society.

The Goodeve Medal is awarded in recognition of the most outstanding contribution to the philosophy, theory or practice of OR published in the Journal of the OR Society (JORS) or OR Insight (ORI), within the relevant year.

The paper can be viewed here without charge throughout March 2011.

About Lanner
Any business can use the proven simulation software and services delivered by Lanner to maximize its performance and optimize its use of resources.

Lanner (lanner.com) is an international company with headquarters in the UK. Its simulation software has delivered answers for commercial businesses and government organizations since 1979, helping them move toward operational perfection.

Lanner’s customers include some of the largest and most successful organizations in the world and its technology is embedded within leading software vendors’ products. For more information, visit the website or follow @WitnessSim on Twitter.

About 3M
3M captures the spark of new ideas and transforms them into thousands of ingenious products. Our culture of creative collaboration inspires a never-ending stream of powerful technologies that make life better. 3M is the innovation company that never stops inventing. With $27 billion in sales, 3M employs about 80,000 people worldwide and has operations in more than 65 countries. For more information, visit 3M.com or follow @3MNews on Twitter.

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Software Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Written by / Agency / Source: Lanner Group, Inc.

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick Newswire Today Visibility Checker

 

Distribution / Indexing: [+]

 
 
# # #
 
Software Warnings - IMPORTANT:
Always be aware/cautious about what you download on your computer/mobile! PURCHASE SOFTWARE related keywords / Banner Ads. Click HERE for details!
.

 
  Your Banner Ad showing on ALL
Software articles,
CATCH Visitors via Your Competitors Announcements!


Honored OR Society Goodeve Medal Winners 3M Have Lanner Simulation Ties

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name Newswire Today and LINK as the source.
 
  Is this your article?
Activate ALL web links and social stream by Upgrading to Press Release PREMIUM Plan Now!

|
Publisher Contact: Alexandra Brooks - Lanner.com 
713-532-8008 brookspr[.]lanner.com
 
Newswire Today - PRZOOM / PRTODAY disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any Lanner Group, Inc. securities in any jurisdiction including any other companies listed or named in this release.

Software via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY



Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!


Read Latest Articles From Lanner Group, Inc. / Company Profile


Read Software Most Recent Related Newswires:

IBM Security Plans to Acquire Agile 3 Solutions to Help the C-Suite Manage Data Risk
RETN Deploys Infinera Cloud Xpress for Regional Network in Western Europe
Ukraine International Airlines Completes Implementation of PROS Revenue Management Solutions as Strategic Enablers for Global Growth Plans
Western Cape Department of Transport & Public Works Improves Effectiveness of Critical Service Delivery with OpenText
Herc Rentals Selects Infor CloudSuite for Equipment Rental, HCM Systems
Oracle Buys Apiary
Xactly Introduces Commission Expense Forecasting Solution for Finance
LogiNext, a Jack Ma Funded Company Enters Indonesia's Booming Logistics Market
Noble Composer v11 Upgrades Agent Efficiency
RNSS Celebrates 20 Years As A SYSPRO Partner
NAKIVO Announces Support for vSphere 6.5 and Adds Skip Swap File in the Upcoming v7
SKECHERS Uses Oracle to Localize Assortments As They Grow Their Retail Presence
Metatron, Inc. Announces Strategic Move into the Areas of Mobile Encryption, and Virtual Reality for its Mobile Development Business
Belk, Hot Topic and Torrid Choose Oracle Retail Stores Solutions to Unify Brand Experiences
Infor Continues Significant Growth in Retail

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
NewswireToday Celebrates 10 Years in Business


PREMIUM Members


Visit  JobsWare.com

Visit  BizJobs.com





 
  ©2017 Newswire Today — Limelon Advertising, Co.
Home | About | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR free press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneurs newswire distribution prtoday.com freenewswiredistribution asianewstoday bizwiretoday USA pr UK today - NOT affiliated with PRNewswire as we declined their partnership offer in 2013
 
PRTODAY & NewswireTODAY are NOT affiliated with USA TODAY (usatoday.com)