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SmartOps Software Successfully Implemented at Lubrizol

PITTSBURGH--SmartOps Corporation, provider of enterprise-class supply chain optimization solutions, announced today that its Enterprise Inventory Optimization (EIO) software suite has been implemented at The Lubrizol Corporation.

“We are excited to add Lubrizol to our growing customer list of chemical companies that have chosen SmartOps for inventory optimization”

“The Lubricant Additives division of Lubrizol has implemented Enterprise Inventory Optimization by SmartOps to improve the effectiveness of our global supply chain,” said Benoit Castelot, Lubrizol Planning & Scheduling Business Process Owner. “EIO by SmartOps integrates with the existing SAP software and automatically updates our tactical planning and execution systems with new inventory targets. SmartOps EIO identifies inventory adjustment opportunities, while maintaining the primary goal of delivering a best in class customer service. An additional benefit includes integration with SAP Business Warehouse which supports global strategic inventory visibility.”

According to Eric Staedt, SmartOps Director of Professional Services, “Lubrizol has a very large complex multistage global manufacturing supply chain with many constraints. The implementation has successfully provided global inventory visibility while bridging strategic goals and tactical execution. SmartOps EIO will be a conduit for Lubrizol to continue to improve its global supply chain effectiveness.”



“We are excited to add Lubrizol to our growing customer list of chemical companies that have chosen SmartOps for inventory optimization,” said Martin Barkman, SmartOps President and CEO.

About The Lubrizol Corporation

The Lubrizol Corporation, a Berkshire Hathaway company, is an innovative specialty chemical company that produces and supplies technologies to customers in the global transportation, industrial and consumer markets. These technologies include lubricant additives for engine oils, other transportation-related fluids and industrial lubricants, as well as fuel additives for gasoline and diesel fuel. In addition, Lubrizol makes ingredients and additives for personal care products and pharmaceuticals; specialty materials, including plastics technology; and performance coatings in the form of specialty resins and additives. Lubrizol's industry-leading technologies in additives, ingredients and compounds enhance the quality, performance and value of customers' products, while reducing their environmental impact.

About SmartOps

SmartOps is supply chain planning that right sizes inventory and captures more sales for global enterprises. SmartOps captures the full complexity and uncertainty of your global supply chain, and makes managing it simple. Deploying SmartOps' solutions has dramatically improved supply chain performance at Fortune 1000 and Global 2000 companies in discrete manufacturing, consumer durables and packaged goods, technology, pharmaceutical manufacturing, distribution, chemicals and retail industries. SmartOps is an SAP Solution Extension partner and integrates with all leading enterprise application platforms.



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