Air Products Selects Enterprise Planning and Performance Management Solution

Global gas and specialty chemical supplier seeks to transform its planning and forecasting processes

Pleasanton, CA — April 13, 2005 — Steelwedge Software, a provider of enterprise planning and performance management (EPPM) solutions, said that Air Products and Chemicals Inc., a $7.4 billion supplier of global gases and specialty chemicals for high growth markets, has selected Steelwedge Software to support a company-wide planning and forecasting process. The Steelwedge solution will augment its global implementation of SAP.

Steelwedge will drive the Air Products Sales and Operations Planning process across multiple divisions. Selected Air Products divisions will also use Steelwedge for forecasting and demand planning.

Air Products said it will use the new software to create a rough cut capacity plan, balance supply with demand, improve forecast accuracy, align business and operational plans, accelerate planning cycles, minimize cost of goods sold (COGS), reduce logistics costs, lower inventory, improve customer delivery performance and share best practices through common tools and processes.

"We needed to streamline our planning processes and reduce planning cycle time across all our divisions," said Stu Reekie, Global Process manager, Integrated Supply Chain at Air Products. "We selected the Steelwedge solution for its ability to drive a consensus planning process in an organization of our size and complexity. We were also very impressed with the powerful yet very easy to use and implement planning framework offered by Steelwedge."

Steelwedge Software CEO Timothy Campbell, commented, "We are delighted that Air Products selected us, and we look forward to working very closely with them to ensure a successful implementation."