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Date Posted: 1/16/2009
Phitch OC 9.0 awarded Intuit Silver Application Status
Phitch OC 9.0 has earned Intuit’s Silver Application Status and is now a featured product in the Intuit Solutions Marketplace. Phitch OC 9.0 is the first QuickBooks-compatible inventory optimization solution and the only software to optimize inventory from an investment perspective.
MINNEAPOLIS, MINN. – January 13, 2009 --- John Krech, President of ePhiphony Incorporated announced that Phitch OC 9.0 has earned Intuit’s Silver Application Status and is now a featured product in the Intuit Solutions Marketplace. Phitch OC 9.0 is the first QuickBooks-compatible inventory optimization solution and the only software to optimize inventory from an investment perspective.
The Intuit Developer Network's extensive testing and approval process ensures applications awarded with Intuit's certification are quality software products that integrate effectively with QuickBooks, one of the most widely used accounting software programs in the world.
Phitch OC 9.0 is the only software of its kind - it determines inventory alerts, reorder points, safety stocks, and order quantities while maximizing economic profit and optimizing investment in inventory. Products on the market today, rely on manual settings to administratively manage inventory. Phitch OC 9.0 uses patent-pending technology to balance supply and demand at the optimum economic value added for a given customer service level.
In order to maximize wealth, Phitch OC 9.0 determines actual demand and lead-time as well as variability in demand and lead-time using data from QuickBooks while all other programs lack these important factors. Furthermore, Phitch OC 9.0 was designed to demonstrate its value proposition- providing a report that measures the benefit obtained to validate the cost of acquisition.
Inventory is the single largest capital investment made by most manufacturers, wholesalers, and retailers. Given today's global financial crisis, the importance of managing inventory could not be more crucial. In order to thrive in today's tough competitive environment, best-in-class companies need to not only manage inventory but to also optimize it relative to economic profit.
Phitch OC 9.0's patent-pending technology delivers a technology platform to help businesses grow the following ways: 1. Phitch reveals wealth that is needlessly invested in inventory and can be better utilized to help businesses thrive in today's tough economic environment 2. Phitch can be used to improve customer service 3. Phitch can be used to simulate supplier options 4. Phitch can be used to reveal opportunities to seize variability in demand
To purchase a full version of Phitch OC 9.0 or to obtain a free 14-day trial as an instant download visit www.phitch.com or Intuit's Solutions Marketplace.
---------------------------------------------------------- Press Contact Info: John Krech ePhiphony Incorporated Phone: 6517869971 Fax: 8773239783 Email: johnkrech@ephiphony.com Website: www.phitch.com
About ePhiphony Incorporated About Phitch:
Every business buys, produces, and sells goods at some rhythm. This fluctuation in the amount of inventory on-hand can be viewed as a fundamental frequency in sound or pitch. With each item within a business being a unique sound, Phitch fine tunes a business at its optimum sound from an investment perspective.
About ePhiphony Incorporated
ePhiphony Incorporated is the developer and publisher of the patent pending inventory investment optimization solution suite Phitch. Phi is referred to as the "golden ratio" and to ePhiphony, Phi represents the optimum amount of inventory from an investment perspective to maximize wealth (economic profit).
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