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  Navesink Logistics/Chiron Technologies News Release

Navesink to join forces with Chiron to leverage lean inventory solutions.

 
Navesink Logistics, Inc.


Middletown, NJ and Holmdel, NJ – October 25, 2004

Navesink Logistics, a leading pioneer in virtual network consulting that specializes in software integration for the logistics/supply chain industry and Chiron Technologies, a provider of lean inventory design software today announced a strategic partnership. This new alliance combines the substantial staffing resources of Navesink with Chiron's unique software and lean inventory design services to implement “Pull” strategies for manufacturing and distribution operations. Under the agreement, Navesink will provide implementation and consulting services to expand Chiron's internal resources.

Navesink Logistics offers clients a breadth of supply chain and IT consulting expertise at favorable rates realizable through its virtual firm business model. The firm's network is substantial with more than 1,000 qualified professionals many of whom have decades of industry and Big 5 consulting experience.

"Navesink Logistics and Chiron combine logistics professionals with superior process, functional and technical expertise with analysis and design capabilities that can dramatically improve supply chain performance," said Thomas McKenna, President of Navesink Logistics.

”Implementing an efficient, pull-oriented lean inventory strategy is best achieved by applying powerful tools to support advanced analysis and detailed design techniques,” said Marc Barnett, President of Chiron Technologies. “Working with Navesink will provide the bandwidth to offer these solutions to a wide audience.

”Chiron’s flagship product, i-Lean, is a truly unique analysis and design system that takes the guesswork out of implementing a pull inventory model for manufacturing and warehousing settings. Based on years of industry, academic, and National Science Foundation research, i-Lean makes it possible to perform detailed process and financial analyses of different material flow, storage options, and slotting for thousands of SKU's simultaneously - a breakthrough technology leading to higher inventory velocity, reduced costs, and improved customer service through fewer or no stock outs. i-Lean's "what if" features also provide the capability to run, modify, and compare multiple scenarios rapidly to assess the impact changes in parameters like SKU demand and lead time on inventory turns, replenishment cycles, safety stock, storage requirements, etc.

About Chiron Technologies

Chiron Technologies www.chitechinc.com is dedicated to delivering advanced logistics, manufacturing, and warehousing software support to the rapidly growing supply chain management market. Chiron prides itself in delivering unique software solutions that yield immediate results and lasting value, particularly in the areas of inventory velocity, inventory reduction, worker productivity, and customer service levels.

About Navesink Logistics, Inc.

Through its virtual network, Navesink supplies consultant resources of the same caliber as that of Big 5 firms at a fraction of the cost. Navesink's network is constantly replenished through its wholly owned subsidiary Logjobs®.com a high visibility job and resume board exclusively for the logistics industry. Navesink brings its customers, consultants and virtual network partners a winning combination for success. For more information, call 732-671-5746 or access www.navesinklogistics.com and www.logjobs.com


Navesink Logistics, Inc. Phone: (732) 671-5746
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