Visible Inventory Relocates to N.H.

Replenishment solution provider leaves big city Boston for small town Salem

Salem, NH  February 20, 2003  Solution provider Visible Inventory is heading north, relocating from the bustling Boston 'burb of Framingham to Salem, the self-proclaimed "Gateway to New Hampshire."

Visible Inventory offers a replenishment solution intended to enable real-time measurement of inventory within the supply chain and designed to initiate pre-determined supply actions in order to improve inventory turns, reduce costly shortages, decrease labor costs and free up working capital.

"New Hampshire offers companies such as ours significant business benefits and a superb location in which we can expand and grow," said John Toomey, Visible Inventory's president and CEO. "We have all the resources we need right at our fingertips here: a highly skilled, diverse workforce, convenience to major travel routes and an environment that is second to none."

Advertising itself as a mix of small town living with big city infrastructure, Salem, whose motto is "Industry, Commerce, Recreation," has about 28,000 residents and is located in the southeastern part of the Granite State, on Interstate 93, about 30 miles from Boston and less than an hour's drive from New Hampshire's White Mountains.

For its part, Visible Inventory said its SuppliLink intelligent software solution, working with its family of "iBin" sensors, offers real time management and control of inventory throughout the entire supply chain without any human intervention. SuppliLink links to a series of "always on" iBin sensors that continuously measure the status of inventory and automatically communicate that information to management, customers and suppliers.

Visible Inventory's target market includes manufactures, distributors and other organizations that are looking to optimize replenishment decisions, to avoid part or MRO supply shortages and maximize inventory turns.