Transportation management system expected to lower costs, streamline supply chain for leading cosmetics company
Rockville, MD — September 15, 2004 — Coty Inc., a manufacturer and distributor of fragrances, cosmetics, personal care and beauty care products, said that it has entered into a software licensing contract with demand and supply chain management solutions provider Manugistics Group, expanding its longstanding relationship with the company.
Manugistics is currently deploying a transportation management system to optimize inbound, outbound and inter-facility freight logistics among Coty's North American and European facilities. The deployment provides a global freight optimization program that includes track and trace, load order consolidation, automated freight pay and invoice reconciliation, dynamic pooling and exchange integration.
"The cosmetics industry is constantly evolving to bring the latest colors, scents, textures and applications to the masses, placing serious demands on our logistics and distribution processes," said Coty U.S. Logistics Vice President Mark Newberry. "Manugistics' transportation management solutions are an ideal fit for Coty to streamline our supply chain, reach our global customers and continue to cut costs. We performed an extensive review of the available solutions on the market, and Manugistics' solution clearly was the best choice for Coty."
Coty, a manufacturer and distributor of such products as Stetson, Calgon specialty bath products, and fragrances from the houses of Jennifer Lopez and Kenneth Cole, said it selected Manugistics' NetWORKS Transport, Carrier, Freight Pay, and Delivery Manager solutions to reduce time and improve efficiencies while transporting the company's products throughout its distribution network, as well as reduce transportation costs.
"As a leading provider of consumer products, Coty's transportation management needs require scalability metrics that Manugistics' supply chain management software delivers," said Rod Strata, Manugistics' Transportation & Logistics vice president. "We are delighted to deliver a solution to such a prominent leader in the cosmetics industry today."