Baxter Planning Systems Touts Momentum

Service parts planning specialist points to 70 percent revenue growth in 2004, continued profitability

Service parts planning specialist points to 70 percent revenue growth in 2004, continued profitability

Austin, TX — January 19, 2005 — Aftermarket parts planning specialist Baxter Planning Systems this week touted its 2004 results, pointing to the company's growth last year and its continued profitability.

Headquartered in Austin, Texas, Baxter offers Web-based solutions to meet the demands of the aftermarket, service, repair and spare parts industries. The provider's Prophet solution includes a suite of integrated forecasting and planning applications.

Baxter said it is the only company in the service parts planning industry to be profitable every year since its founding in 1993. Furthermore, Baxter said it has sustained year-over-year revenue growth, employee and customer retention, as well as increasing customer satisfaction, all without having to rely on any venture capital funding.

The company said it enjoyed 70 percent revenue growth in 2004 alone.

"We will continue to work closely with our existing client base, seeking new ways to deliver better products, support and profitability, and to increase momentum in 2005," said Greg Baxter, CEO for the solution provider.

Brendan Kenny, senior materials manager for post sales support at Baxter customer Lucent Technologies EMEA, offered praise for the solution provider. "In doing our research for a Service Parts Planning partner, Baxter Planning Systems proved itself to be the best partner in the industry," Kenny said, adding, "Baxter's personal touch, end-to-end solution and unique business model made selecting Baxter an easy decision."

Other companies that have deployed Baxter solutions include Agilent Technologies, Silicon Graphics, Enterasys Networks, Network Appliance and Philips Medical Systems.

For more information on solutions for the service and support chain, see the articles "In the Field and All Grown Up," the Net Best Thing column in the June/July 2002 issue of iSource Business (now Supply & Demand Chain Executive), and "Time to Prove It," the Net Best Thing column in the April/May 2003 issue of the magazine.