New executive management, Internet-savvy products, and aggressive promotion have rescued Manugistics Group from the brink of collapse, at least for the short term. Once the supply chain planning market leader, Manugistics has witnessed its market position erode steadily over the last several years in favor of newcomers to the market. In the new millennium, Manugistics faces its next great challenge – to leverage recent market momentum in building a strong foundation for future success.
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one-time charges related to business restructuring. Following shortly after a period of take-over speculation, the overhaul included a 30% staff reduction and renewed focus on customer-driven industries, including automotive, electronics, consumer products, apparel, textiles, food & beverage and pharmaceuticals. Figure 1. Figure 2. In April 1999, Greg Owens, the partner in charge of Andersen Consulting's supply chain practice, was hired to replace William Gibson as CEO. (Gibson, who owns 20% of the