Micron Engages Serus for Supply Chain Optimization

Micron to Deploy Serus Supply Chain Visibility and Intelligence Solution

Marketwired

SANTA CLARA, CA--(Marketwired - October 15, 2013) - Serus Corporation, a leader in Supply Chain Visibility and Intelligence solutions, today announced that Micron Technology (MU) has selected the Serus solution to optimize its global supply chain. Micron intends to implement the Serus cloud-based solution across its global operations.

"After evaluating multiple solutions for improving our supply chain visibility, we determined the Serus solution best addresses our global issues in a timely and cost-effective manner," said John Waite, Vice President of Supply Chain, Micron Technology. "Serus' cloud-based architecture and deep semiconductor expertise also played a role in our decision process."

"We are pleased that Micron selected Serus, and we look forward to working closely with them to make their deployment a success," said Hari Menon, CEO of Serus. "Micron joins over 40 other semiconductor companies that have decided to optimize their supply chain operations using Serus."

About Serus Corporation

Serus Corporation is a global leader in orchestrating the extended supply chain. For companies with distributed or outsourced manufacturing operations, Serus' solutions complement a company's existing IT investments with tools and services that synchronize business and manufacturing operations, helping accelerate corporate performance from product design to corporate profitability. Serus draws upon deep industry experience and knowledge to increase supply chain velocity and empower efficient decision-making across a global network of partners and customers. Based in Santa Clara, California, with a worldwide development team, Serus' customers include: AMD®, Cypress®, Flextronics®, Juniper Networks®, NVIDIA®, PMC Sierra® and Qualcomm/Atheros®, as well as other leaders in the semiconductor and high-technology manufacturing markets. For more information, please visit www.serus.com.

About SERUS

SERUS is leading today's high-tech companies to superior performance with precision multi-tiered supply chain management and execution. By orchestrating data and decision making from engineering and operations to finance and procurement, SERUS informs companies in near real-time when disruptive changes occur that will impact output, inventory, costs and ultimately customer satisfaction. From a spike in demand to engineering change propagation or a supplier interruption, SERUS monitors all supply chain progress on a granular level, enabling partners to discover detailed causes and make recommendations for solving problems. SERUS customers are able to adapt on the fly and therefore deliver better outcomes through improved managerial judgment and collaborative performance between all parties. For high-tech companies whose survival depends on complex and outsourced supply chains, SERUS' cloud-based monitoring and adept analysis is the standard bearer. Customers like AMD, Oracle, Juniper, Flextronics, NVIDIA Cypress, Qualcomm/Atheros and IDT have benefitted from enhancements, such as 8-15% reduction in inventory, 10-20% reduction in excess and obsolescence charges and 8-15% increase in operational productivity thanks to SERUS' supply chain orchestration. Learn more at www.serus.com

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Contact:
Amanda Orr
Aorr@kickstartconsulting.com
202-459-1304
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