O-I Glass Business Selects Lead Time Technology for Supply Chain Process Improvement

    O-I North America selects Lead Time Technology to implement the LTT

 Enterprise(TM) optimization tools suite to enable end to end supply chain

                              process control



    WILMINGTON, Del., Aug. 5 /EMWNews/ -- Lead Time Technology, a market

leading provider of technology-enabled process optimization tools to reduce

and right-size inventory, improve forecast accuracy and service, optimize

production resources, and reduce cycle time across the supply chain, today

announced that the Owens-Illinois, Inc.'s (O-I) North American division has

selected Lead Time Technology to lead its supply chain process improvement

initiatives and to provide software tools to optimize forecasting,

production, distribution, and inventory management.



    O-I based its decision on the successful implementation of a LeadTime

Technology(TM) (LTT Enterprise) system pilot supporting one segment of the

O-I business since early 2007. Along with the tools, Lead Time Technology

consultants lead supply chain management process improvements including the

introduction of a Sales & Operations Planning (S&OP) process with excellent

results in both metrics (improved customer service, reduced inventory,

improved FC accuracy) and operating process improvements.



    "Lead Time Technology has not only implemented decision support

technology to enable our people to improve business results; but, they have

also enabled the change management process to win support across the whole

organization," said James Nordmeyer, O-I North American VP Director -

Logistics and Service.



    Given the successful results from the pilot implementation, O-I has

selected Lead Time Technology to expand the implementation of its tools and

Lean Six Sigma process improvement services to the remaining O-I North

American segments.



    "We are pleased to have the opportunity to continue our work with the

O-I team and deliver the full value of our tools and process improvement

initiatives across the entire North American business," said Catherine

Forsthoffer, VP Sales & Marketing for Lead Time Technology. "Our mission is

to deliver shareholder value to our customers from improved operations,

resource, and inventory process optimization."

    About O-I



    Millions of times a day, O-I glass containers deliver many of the

world's best-known consumer products to people all around the world. With

the leading position in Europe, North America, Asia Pacific and Latin

America, O-I manufactures consumer-preferred, 100 percent recyclable glass

containers that enable superior taste, purity, visual appeal and value

benefits for our customers' products. Established in 1903, the company

employs more than 24,000 people with 82 manufacturing facilities in 22

countries. In 2007, net sales were $7.6 billion. For more information,

visit http://www.o-i.com.



    About Lead Time Technology, Inc.



    Founded in 1998, Lead Time Technology (LTT) is a market leading company

that provides clients with process consulting and decision support tools to

profitably manage planning, scheduling, and inventory optimization at all

production and distribution locations. LTT simultaneously considers all

business processes, constraints, costs, and business objectives to forecast

and determine the most profitable flow of materials, inventory levels, and

utilization of resources for any given planning horizon. Its applications

are developed by practitioners for practitioners to achieve world class

operations improvement leveraging Lean, Six Sigma, and SCOR principles

supported by patented algorithms and technology. LeadTime Technology's(TM)

unique combination of consulting and decision support tools enables

operational decisions to be clearly correlated to financial measurements

ensuring rapid ROI and increased contribution to shareholder value. As a

Microsoft Certified Partner using Microsoft application platform technology

and independent of enterprise applications, the intuitive user interface

distills all supply chain complexities into a simple list of

recommendations for continuous flow management and synchronization in

virtually any size or type of operating environment. Contact Lead Time

Technology at 423-240-0365, or http://www.leadtimetechnology.com for more

information.






     Press and Analyst Contact:

     Cathy Forsthoffer

     [email protected]

     423-240-0365