24 September 2001 00:00 [Source: ICB]
Swiss fragrance and flavours producer Firmenich is to use Demantra's demand management software to improve its logistics operation.
Firmenich says its use of the software will 'slash inventories by 10% and cut transportation unit costs by 80%'.
The company will move 50%, rising to 80%, of its transportation from air to sea. This will result in cutting costs from $3/unit to $0.5/unit.
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