Synquest - SYNQ- Profile

SynQuest, Inc designs and provides advanced e-business solutions to optimize supply chain performance. The company's software solutions enable client in analyzing relevant variable that effect the supply chain and helps to improve their financial and operational performance and enhance customer service. The company targets traditional bricks and mortar companies. The key products of the company are supply chain design engine, tactical planning engine, open demand engine, dynamic sourcing engine and customer service engine and its customers include Ford Motor Company, The B.F. Goodrich company, Nordstrom.com, Pioneer Electronic Corp., Reynolds metal company and Footjoy Worldwide. The company became publicly held in August 2000. Software license fees accounted for 52% of fiscal 2000 revenues and software services, 48%.