Technology Expands Slotting and Supply Chain Optimization Offerings

Research Triangle Park, N.C., February 9, 2010 The Progress Group, a leading supply chain consulting firm, and Optricity, supply chain optimization software developer, announced today that they have formed a partnership that will enable the two companies to collaborate in order to provide enhanced technology solutions for their clients. In addition to using Optricity's OptiSlot™ warehouse slotting software, the companies are also working together on new applications for Optricity's leading edge Juncture Optimization™ technology.

"The supply chain industry is looking for highly configurable solutions that provide a high return on investment," said Bruce Strahan, President of The Progress Group. "We believe that our partnership with Optricity will allow us to further provide this for our clients."

To create potential for high return on investment, Optricity focuses on optimization, the result of which is cost minimization. As an example of this, Optricity uses combinatorial math to solve warehouse slotting problems to produce real-world, actionable solutions. Because the physical slotting moves are what cost money, Optricity's system evaluates alternative slotting scenarios based on an operation's specific situation, defines goals and constraints, and then determines optimal solutions – all prior to making a physical move.

"Optricity's value to a partner and to end clients has everything to do with specializing in supply chain optimization software, and this requires development experience that not many people have within their companies," said Dan Basmajian, President and CEO of Optricity. "Unique value requires systems we can put together to save money in supply chain, and our partnership with The Progress Group will enhance our ability to continue to do this."

About The Progress Group

The Progress Group is a leading Supply Chain consulting firm comprised of industry-recognized leaders with 20-30 years' experience in Supply Chain and Integrated Logistics for operations and systems. The firm is a founding partner in The Supply Chain Group (SCG) AG, an international organization of supply chain consultancies based in North America and Europe. For more information, visit www.theprogressgroup.com, www.the-scg.com, email This e-mail address is being protected from spambots. You need JavaScript enabled to view it , or call 770.804.9920.

About Optricity

Optricity, a software development company, specializes in solving complex Supply Chain (SC) optimization problems. Optricity solutions minimize operational costs at SC junctures where customer's competing goals and constraints come together. Using patent-pending RASSQ™ optimization engines, Optricity's best-of-breed solutions easily integrate with existing warehouse management and planning systems. Visit http://www.Optricity.com to learn more about the advanced, warehouse slotting optimization tool, OptiSlot DC™, RASSQ optimization and other Juncture Optimization™ capabilities.

For information contact:
Sheila Benny

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(919) 280-4418