SUPPLY AND DEMAND CHAIN EXECUTIVE NAMES MANAGEMENT CONTROLS AS A TOP SUPPLY CHAIN INNOVATOR
Posted on May 12, 2010
HOUSTON (May 12, 2010) -- Management Controls, Inc., the leader in contractor cost management software, announced today that it has been named one of the top supply chain providers in the ninth annual Supply & Demand Chain Executive 100, which appears in the May/June issue of the popular business-to-business magazine. This year's award program: Back to Basics and Beyond -- In Search of the Roots of Supply Chain Excellence, features the leading providers of solutions and services that are helping customers achieve supply chain excellence and preparing their supply chains for post-recessionary return to growth. Management Controls was selected because of its innovative solutions that provide refineries, other large process industry manufacturers and their contractors with daily cost transparency, control and accuracy in managing costs and timely payment processes for complex, contractor-intensive projects.
"In today's complex and competitive business environment, it's critical for refineries, chemical, and power generation plants to maintain optimal production," said Bob Harrell, president and CEO, Management Controls, Inc. "This usually means completing complex maintenance and construction project on schedule and controlling contract service costs. It is a challenge. Track™ software gives owners and contractors control and visibility into resource utilization and cost details, and helps project teams achieve timely, on budget completions. Using Track software, companies realize 5-10 percent savings on all types of work: routine maintenance, turnarounds and construction projects, often resulting in millions of dollars a year."
"As the economy makes tentative steps toward recovery and growth, our readers are turning to Supply & Demand Chain Executive to learn about solutions and best practices for enabling business expansion through supply chain excellence," said Andrew K. Reese, editor of Supply & Demand Chain Executive. "With this year's Supply & Demand Chain Executive 100, we highlight a broad range of supply chain solution and service providers that are helping to position their customers for the 'New Normal' economic environment."
Each year, Supply & Demand Chain Executive publishes the Top 100 to make its readers aware of those enablers that are leading the way in providing cutting-edge solutions and services to help enterprises improve their supply chains through the application of new technologies and new services. This year's Top 100 is based on submissions from end-users and solution providers. The judging committee for the top 100, including the editorial staff of the magazine, in conjunction with the editorial advisory board, compiled a list of people, process, technology and partnering strategies that supply chain executives can leverage today to meet the requirements of the current economy and attain supply chain excellence in the rebound from the recent downturn. Management Controls, as well as other final recipients, will be featured in the cover story of the May/June 2010 issue of Supply & Demand Chain Executive, as well as online at www.SDCExec.com.
About Management Controls, Inc. – Founded in 1989, Management Controls, Inc. is the leader in contractor cost management software. The company's flagship product, Track software, automates the entire financial management processes of contractor projects within large industrial process manufacturing plants - from time capture through invoicing, typically delivering 5-10 percent savings annually. It provides owners and their contractors with real-time transparency, accuracy, contract compliance and control of project costs -- helping them complete projects on time and on budget, and minimizing plant downtime. Management Controls has licensing agreements with 26 major U.S. refining and industrial manufacturing enterprises, at approximately 115 sites, including 23 of the 25 largest refineries in the U.S., such as ExxonMobil, Chevron, Shell, ConocoPhillips, BP, Valero, Tesoro and many others.
About Supply & Demand Chain Executive – Supply & Demand Chain Executive is the executive's user manual for successful supply and demand chain transformation, utilizing hard-hitting analysis, viewpoints and unbiased case studies to steer executives and supply management professionals through the complicated, yet critical, world of supply and demand chain enablement to gain competitive advantage. On the Web at www.SDCExec.com.