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GE Aviation and Beam Global Recognized for Information Leadership by Manufacturing Leadership CouncilPricing Implementation Projects Based on Vistaar Technology Solutions Receive Manufacturing Leadership 100 Awards (February 06, 2012)
PARSIPPANY, NJ -- (Marketwire) -- 02/06/12 -- Vistaar Technologies, Inc., a leading provider of price management solutions, today announced that customers Beam Global and GE Aviation are among the recipients of the eighth annual ML100 Awards. Both companies were recognized in the Information Leadership category for their implementation of Vistaar's pricing management platform to help drive more effective pricing strategies across the respective companies. Beam Global and GE Aviation were selected by an independent judging panel chaired by David R. Brousell, vice president and editorial director, and Jeff Moad, executive editor of Manufacturing Executive.
"The entire Vistaar team would like to extend our congratulations to both Beam Global and GE Aviation for being recognized as leaders in the deployment of technology," said Sandy Tungare, Founder and CEO of Vistaar. "These awards validate the importance of pricing strategies and price science within today's most successful global companies. We are proud to have helped enable industry-leading pricing practices for highly innovative manufacturers such as Beam Global and GE Aviation."
Beam Global, the fourth largest premium spirits company in the world, uses Vistaar's pricing platform across its U.S. operations to optimize profits across its value chain and better negotiate prices with its distributors and partners, while remaining compliant with federal and state liquor laws. The company produces such well-known brands as Jim Beam® Bourbon, Sauza® Tequila, Courvoisier® Cognac, Cruzan® Rum, among others.
GE Aviation is transforming the pricing process for its spare parts business by enabling effective scenario planning of product price catalogs using the Vistaar solution. GE Aviation, an operating unit of GE (NYSE: GE), is a world-leading provider of jet and turboprop engines, components and integrated systems for commercial, military, business and general aviation aircraft.
Beam Global and GE Aviation will be honored and presented with their awards for Information Leadership at the Awards Gala held on the last day of the Manufacturing Leadership Summit, taking place April 29 to May 2, at The Breakers in Palm Beach, Fla. More than 200 manufacturing technology executives are expected to attend.
About the ML100 Awards
The ML100 Awards (www.ml100awards.com), created eight years ago as the Progressive Manufacturing 100 Awards, have established themselves as the premier program for honoring transformational business projects, innovation, and excellence in a variety of manufacturing categories including operational excellence and sustainability, global value chain, and workforce development excellence. The ML100 Awards are presented at the Manufacturing Leadership Summit. Both are part of the Manufacturing Executive portfolio of services, which also includes the Manufacturing Leadership Council and the Manufacturing Executive Leadership Journal.
About Vistaar Technologies, Inc.
Vistaar is a leading provider of price management solutions. Vistaar's pricing software enables companies to achieve pricing best practices through price analytics, price optimization, price list management and deal management. Vistaar is working with global companies transform pricing operations into a strategic advantage. For these companies, Vistaar pricing solutions drive measurable price and margin improvements and deliver profitable growth and maximum shareholder value. Vistaar's operations include six offices across North America, Europe and Asia. Visit our website www.vistaar.com or contact Vistaar at +1-973-581-6300 for additional information.
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