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Oct 1, 2003 12:00 PM

Manugistics Group Inc's energy industry systems have been selected by PETRONAS (Petroliam Nasional Bhd), Malaysia's national petroleum corporation, to power a strategic supply chain initiative across the company's oil business. The systems will be deployed to help improve inventory and capacity visibility, reduce shipping costs, and reduce inventory levels at PETRONAS' depots across Malaysia.

Systems will be deployed to help enable PETRONAS' supply chain planning, trading, and field sales groups to collaborate virtually, creating optimized, consensus-built demand forecasts for refined products, by depot.

In addition, Manugistics' global logistics management systems can enable PETRONAS to create and execute an optimized shipping plan across a multi-modal environment of trucks, vessels, and pipelines. Exception management, real-time reporting, and strategic decision-support tools can help PETRONAS evaluate multiple “what-if” scenarios, adjust forecasts, and update production and distribution plans as changes occur in the marketplace.