FOR RELEASE Thursday, April 12, 2007
PLANO, Texas – UGS Corp., a leading global provider of product lifecycle management (PLM) software and services, today announced that Raj Khoshoo, vice president of strategic initiatives for UGS, has been selected by Supply & Demand Chain Executive Magazine for the “Provider Pros to Know” list for the second consecutive year.
Supply & Demand Chain Executive Magazine is the executive’s user manual for successful supply and demand chain transformation. The “2007 Provider Pros to Know” is a listing of individuals from software firms, service providers, consultancies, analyst firms or research firms who have helped raise the profile of and increased the recognition of the importance of the supply chain as a strategic function within the enterprise.
“This year’s ‘Provider Pros to Know’ have shown themselves to be thought-leaders in their respective supply chain segments,” said Andrew Reese, editor, Supply & Demand Chain Executive. “Their efforts in developing the tools and processes necessary for transformation and in promoting new approaches to enablement, are helping raise supply chain’s status within the enterprise.”
Each honoree was selected by the editorial team and advisory board of Supply & Demand Chain Executive Magazine. The full listing of the “2007 Pros to Know” is available at www.sdcexec.com/publication/article.jsp?id=9287&pubId=1.
Khoshoo, a pioneer in merging eSourcing and PLM technologies to unlock value across the total supply chain, is being recognized for his efforts for integrating procurement and PLM technology.
“The value of sourcing can only be sustained when coupled with product design, program management and supplier capability. Organizations have an acute need for a direct, efficient connection between product development, procurement and suppliers,” Khoshoo said. “UGS’ Teamcenter for SRM, for example, merges the best of e-Sourcing, supplier analytics and PLM capability to provide this connection. In addition, this solution enables suppliers to influence the design process in early stages of product development through the availability of information regarding capacity. Companies recognize the financial impact of engaging the entire supply chain through a collaborative environment that supports better cost management and accelerates the design process.”
Teamcenter® software for SRM is a proven portfolio of configurable strategic sourcing solutions that allows procurement professionals to provide input in all product lifecycle stages beginning with design decisions in the product development process. This fully-integrated Web-based solution transforms the strategic sourcing process to enable complete sharing of data across supply management modules delivering unparalleled design to source functionality. Teamcenter for SRM delivers value during the post-launch engineering change process to drive cost savings. The solution is ideal for product cost management and capturing knowledge that enables process improvement in all stages of the product lifecycle.
Supply & Demand Chain Executive is the executive’s user manual for successful supply and demand chain transformation, utilizing hard-hitting analysis, viewpoints and unbiased case studies to steer executives and supply management professionals through the complicated, yet critical, world of supply and demand chain enablement to gain competitive advantage. On the Web at www.SDCExec.com.
UGS is a leading global provider of product lifecycle management (PLM) software and services with 4.3 million licensed seats and 47,000 customers worldwide. Headquartered in Plano, Texas, UGS’ vision is to enable a world where organizations and their partners collaborate through global innovation networks to deliver world-class products and services while leveraging UGS’ open enterprise solutions, fulfilling the mission of enabling them to transform their process of innovation.
Note: UGS, Teamcenter and Transforming the process of innovation are trademarks or registered trademarks of UGS Corp. or its subsidiaries in the United States and in other countries. All other trademarks, registered trademarks or service marks belong to their respective holders.
The statements in this news release that are not historical statements, including statements regarding expected benefits of the product, product benefits, continued innovation and other statements identified by forward looking terms such as "may," "will," "expect," "plan," "anticipate" or "project," are forward-looking statements. These statements are subject to numerous risks and uncertainties which could cause actual results to differ materially from such statements, including, among others, risks relating to developments in the PLM industry, competition, failure to innovate, partnering strategy, major design errors or security flaws and intellectual property. UGS has included a discussion of these and other pertinent risk factors in its quarterly report on Form 10-Q for the period ended June 30, 2006 filed with the SEC. UGS disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.