PITTSBURGH, Oct. 30 /PRNewswire/ --SmartOps Corporation, the leading provider of enterprise-class supply chain optimization solutions, announced that its Enterprise Inventory Optimization (EIO) software solution has been licensed by Cabot Corporation (NYSE: CBT).

"We selected SmartOps to help us optimize our global inventory targets in today's volatile environment while delivering the high service levels our customers have come to expect," said Renaud Megard, Business Director, Global Supply Chain. "We believe that this scientific approach will bring sustainable improvements to our inventory planning process."

"What companies face today is not just a hangover from forecast error and the bullwhip of their supply chains, but more importantly a fundamental capability shortfall in their planning processes and execution systems," says Sridhar Tayur, chief executive officer of SmartOps. "Cabot is one of the many world-class companies beginning to truly transform its supply chain capabilities."

EIO enables customers to achieve both a rapid return on investment and a long-term competitive advantage by determining the best possible inventory and product availability plan given aggressive customer service goals, time-varying uncertainties, and complex manufacturing and distribution networks. EIO dynamically generates optimal inventory targets for each stage of the supply chain while providing visibility into item-level inventory requirements.

About Cabot

Cabot Corporation, headquartered in Boston, Massachusetts, is a global performance materials company. Cabot's major products are carbon black, fumed silica, inkjet colorants, aerogel, capacitor materials, and cesium formate drilling fluids.

About SmartOps

SmartOps, the market leader in enterprise-class supply chain optimization solutions, enables companies to manage the uncertainty of complex, multistage supply chains to achieve rapid return on investment and long term, sustainable value. 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, pharmaceuticals manufacturing, distribution and retail industries. Contact SmartOps at 412-231-0115 or www.smartops.com for more information.

SOURCE SmartOps Corporation