Oticon A/S signs agreement with PipeChain

The software solution will be used in interaction with Oticons suppliers, and the target with the system is to decrease administration, increase flexibility in distribution and production, lower tied up capital and inventory levels and to create a closer collaboration/relationship with suppliers.

Oticon is among the three largest companies in the hearing aid industry, and in Denmark all 1,300 employees, with passion, dedication and professional expertise, develop the most innovative hearing aids in the world. Oticon is a growing company, and 97% of Group revenues is generated outside Denmark. Oticon is a part of the William Demant Holding Group with more than 6,300 employees and revenues of nearly DKK 7 billion. www.oticon.com