Company Performance Metrics
At Evant, they believe that many industries are in an era of tremendous opportunity and significant change. Those companies that successfully build an infrastructure to support rapidly evolving business objectives will be the survivors - and the winners. At the heart of this era’s challenges is the age-old problem of having the right products, at
the right place, at the right time.
Their solutions are designed to manage the variability in demand and supply through powerful forecasting and replenishment solutions, and then integrate them into powerful planning solutions that can deliver on the promise and vision of channel-specific merchandising. By delivering their solutions on the best and most powerful technology platforms available today, Evant provides unparalleled value to their customers.
To deliver sustainable business value to their customers through advanced science and next generation technology.
As a solutions provider, Evant is focused on more than delivering exceptional products and services. Their goal is to become a key, long-term business partner. They provide value in the form of strategic insight, deep domain expertise and a "best-practices" approach to operating your business.
Their company values are centered on integrity, quality and service. They believe that a good software company is known for its products, but a great software company is also known for the way it interacts with customers, partners and employees.
Evant was founded as a physical logistics company in 1994 by a team of industry experts including Stanford professor Dr. Hau Lee, with the goal of solving the most critical business problems that companies faced in the distribution of finished goods, whether a manufacturer, wholesale distributor or retailer.
As companies began to reap the benefits of new applied science in their distribution systems in the mid to late 1990s, they also began to bolster their IT infrastructures. Evant led its customer base into this new technology era by developing sophisticated forecasting and replenishment and merchandising software solutions.
Built on decades of sound logistics and distribution science, they helped their customers reduce inventory costs and raise service levels in record time. For example, Longs Drugs, their first software client, reduced its replenishment costs by more than 65% at its distribution center and more than 38% at its pharmacies in less than a year. These improvements significantly increased free cash flow, releasing more than $100 million in working capital that Longs used for other opportunities to increase earnings, including the acquisition of new chain stores.
By the close of 2002, Evant delivered measurable business improvements similar to Longs Drugs for more than 40 Global 2000 companies. In addition to their outstanding customer track record throughout their company history, they also have remained one step ahead of the industry for nearly a decade, continually delivering the most cutting-edge demand chain science and technology applications.
