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news announcementS
enVista Grows Revenue by 68 Percent,
Expects Same in 2008
INDIANAPOLIS, February 21, 2008--
enVista, a leading provider of supply chain cost management services, increased revenue by 68 percent in 2007. enVista's supply chain consulting services include: Supply Chain Strategy and Network Optimization, Supply Chain Planning and Execution Implementation, Operations Improvement, and Transportation Management and Execution. enVista is uniquely positioned in the market place and provides Supply Chain Cost Management solutions from source to consumption for its multi-channel retail centric, wholesale and direct-to-consumer clients.
“The leading experts we have on our team, along with our ability to provide our clients with true end-to-end consulting services, is very powerful. We are enabling inventory velocity, while improving the customer experience for our retail clients. Our domain expertise has expanded far beyond North American logistics as we are now deploying solutions that encompass supplier and hub enablement in China and Western Europe,” states Jim Barnes, President of enVista.
enVista was named by ARC Advisory Group, the leading research and advisory firm in manufacturing and supply chain solutions, as one of the “Top 10 Coolest SCM Boutique Consulting Firms for Implementation of Supply Chain Execution Systems” based upon a survey of over 1200 companies. ARC, in a July 6, 2007 industry news article, also said that, “when it comes to implementing best of breed WMS solutions, enVista is at the top of our list.”
“Our competitors are focused on traditional four wall distribution center issues, and although these are important and we don't want to minimize how a company receives and ships their products, the real challenge for purchasing and distribution centric companies starts at the source. Successful companies minimize the variability in their inbound supply chain in order to accelerate the velocity of inventory to their end consumer,” said Barnes. “Unfortunately companies are designing their supply chain from the DC forward, instead of starting with the customer and working backwards to the source. With our clients we focus on inventory positioning, inventory allocation and the timing of inventory to meet customer demands.”
“We expect the same level of growth in 2008. With 58 percent of our projected income already booked for 2008, our back log is very strong. We will continue to focus on our core competencies and evaluate areas where emerging technologies and solutions fit,” states John Stitz, Senior Vice President of Business Development.
About enVista
enVista, headquartered in Indianapolis, is a leader in providing supply
chain, logistics and transportation cost management solutions. The company
enables mid-market to Fortune 5000 companies to reduce operating costs,
improve customer service and enhance profitability. Its innovative solutions
and domain expertise help companies across multiple industries and vertical
markets make smart decisions and quickly enhance their supply chain operations,
as well as their competitive advantage. For more information about enVista
please call 877-684-7700 or contact us at www.envistacorp.com.
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