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Uncertainty under control


Press Release

Research project of Axxom, Henkel and the University Erlangen-Nuremberg analyzes volatile factors in supply chain optimization

Munich, 13th March 2008 – From January 1st 2008 on Munich based Axxom Software AG analyzes the influence of fluctuating factors on production and distribution networks within the research project 'Innovative algorithms in supply chain optimization'. Together with Henkel Ltd. and the Friedrich-Alexander University Erlangen-Nuremberg, Axxom will develop methods that consider uncertainty factors while calculating optimal supply chain scenarios. The project is supported by the Bayerische Forschungsstiftung (Bavarian Research Foundation) and is planned for a three year period.

Carolin Haussner, Senior Optimization Analyst at Axxom, specifies the back-grounds of the research project: „For the optimization of complex supply chains the forecast on uncertain future data – such as market trends or raw material prices – is getting more and more important. Thus, the objective of the project is the development of mathematical methods that consider volatile factors in supply chain optimization.”

With this research initiative, Axxom aims for a practical modelling of production and logistics networks. After the development of the Cost Scaling Algorithm for the optimization of large supply chain scenarios, Axxom fulfils its pioneering role as a connector of science and industry.

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Profile Friedrich-Alexander University Erlangen-Nuremberg

With eleven faculties – nine in Erlangen and two in Nuremberg –, 265 chairs and more than 11.600 members of staff, the University of Erlangen-Nuremberg is the second largest university in Bavaria. It offers a wide spectrum of subjects and is a powerful partner in economics and culture. With an issue volume of more than 650 million EUR the university represents an important economic factor of the region. About 26.600 students are registered at the Friedrich-Alexander-University, 20.100 in Erlangen and more than 6.500 in Nuremberg.


Profile Henkel KGaA

Henkel – A Brand like a Friend – This claim underlines Henkel’s promise to make people’s lives easier, better and more beautiful with its brands and technologies. Headquartered in Düsseldorf / Germany, Henkel has about 52,000 employees worldwide and counts among the most internationally aligned German-based companies in the global market-place. People in approximately 125 countries around the world trust in brands and technologies from Henkel. Henkel is organized in three globally operating business sectors: Laundry & Home Care, Cosmetics/Toiletries and Adhesives Technologies.


Profile Axxom Software AG

Axxom Software AG is an international provider of software solutions developed for the comprehensive optimization of value-add processes. With its software ORion-PI® the technology company offers a solution for the design, simulation, planning and optimization of all business processes and systems in all fields of logistics. For more than 10 years customers all over the world use the modules of ORion-PI® in more than 25 countries. Axxom Software AG was founded in April 2001. Since 2004 Axxom has a sales branch office in Cork/Ireland as well as development center in Timisoara/Romania.

Further information for journalists:
Axxom Software AG
Mirko Mandic
Paul-Gerhardt-Allee 46
81245 München
Germany
Phone: +49 (0)89 / 568 23-321
Fax: +49 (0)89 / 568 23-399
E-Mail: mirko.mandic@axxom.com
Internet: www.axxom.com


Publisher Contact Information:

Axxom Software
+49 (0)89 / 568 23-321
mirko.mandic@axxom.com

Company profile of Axxom Software
Past press releases of Axxom Software.

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