New Supply Chain Excellence Award from ISCEA

Businesses encouraged to submit entry; must demonstrate improved operations through Vision, Business Rules and Technology

Businesses encouraged to submit entry; must demonstrate improved operations through Vision, Business Rules and Technology

Cleveland, OH — May 10, 2005 — The International Supply Chain Education Alliance (ISCEA) has announced that it will showcase a corporation that has made significant operations improvement by awarding them with a Annual Prize named the "Ptak Prize for Supply Chain Excellence."

The corporation that wins the award will have to demonstrate how it improved operations by combining clear objectives with aligned business practices supported by flexible and adaptable technology.

"We are pleased to offer this prize to recognize a corporation that has contributed to improving total supply chain operations through Vision, Business Rules and Technology," said Lalith DeSilva, executive director of ISCEA.

DeSilva added that ISCEA is equally pleased to have the opportunity to name the prize after Carol Ptak, (CFPIM, CIRM, Jonah, PMP) whose holistic approach to supply chain is in line with ISCEA's vision. "We see this prize in line with Shingo Prize and Deming Prize," he said.

Carol Ptak has over two decades of practical experience as a practitioner, consultant and educator in manufacturing operations. She is the past president and CEO of APICS, the Educational Society for Resource Management.

Ptak holds an MBA from Rochester Institute of Technology and completed the EMPO program at Stanford University. She is a frequent educator at the university level and presents at many technical conferences around the world. She is also the author of numerous articles and the books, including MRP and Beyond and ERP, Tools, Techniques and Applications for Integrating the Supply Chain. Her book, Necessary but not Sufficient was co-authored with Dr. Eli Goldratt and Eli Schragenheim.

Dr. Charles Watts, executive director of Education & Certification at ISCEA, stated, Carol is one of the top visionaries in supply chain management. She understands the importance of having technology and business rules aligned with a firm's vision. She is on the leading edge of a revolution in how firms manage the supply chain. If we follow her lead, supply chains will soon become the demand chains we have been talking about over the last few years."

The first "Ptak Prize for Supply Chain Excellence" will be given at the 2006 ISCEA Supply Chain Conference & Exposition in Las Vegas, Nev., which takes place May 22-24, 2006. ISCEA said that both members and non-members can submit entries for the "2006 Ptak Prize for Supply Chain Excellence," starting May 15, 2005.