QAD Enterprise Applications Assists Senior Flexonics Czech in Achieving Highest Supplier Score Defin
QAD Enterprise Applications Assists Senior Flexonics Czech in Achieving Highest Supplier Score Defined by MMOG/LE
Automotive Parts Supplier to Renault and Ford Improves Production Planning and Inventory Efficiency with QAD Solution Implemented by QAD Partner Minerva CZ
SANTA BARBARA, Calif.--(BUSINESS WIRE)-- QAD Inc., (NAS: QADA) (NAS: QADB) , a leading provider of enterprise business software and services, today announced Senior Flexonics Czech (SFC) automotive-parts supplier for Renault and Ford, has achieved the highest supplier score following deployment of QAD Enterprise Applications. SFC has received validation as a level A supplier, defined by Materials Management Operations Guideline/Logistics Evaluation, (MMOG/LE), an assessment tool used to measure and improve materials planning and logistics efficiency within a manufacturing facility.
As a result of using QAD Enterprise Applications, SFC has enhanced supply-related delivery factors for all partners within the supply chain and has demonstrated it has the robust material planning and delivery processes in place to support overall business objectives. SFC reduced its average inventory turnover by eight days and decreased the time needed for monthly physical inventory checks by almost 30 percent. They reduced unproductive time, overtime and unscheduled work shifts by more than 15 percent through enhancements in production planning. SFC also saved more than 15 percent on costs associated with the rental of returnable packaging.
Use of QAD Enterprise Applications Assists SFC in Strengthening its Market Position
SFC is part of Senior plc, a multinational group with operations in 11 countries worldwide (U.S., Canada, Mexico, Brazil, Republic of South Africa, India, the Netherlands, France, Germany, the Czech Republic, and the United Kingdom) and has 4,800 employees.
SFC manufactures steel and aluminum pipes for the automotive industry. SFC's focus on excellence in materials management has enabled the company to gain a stronger reputation and strengthen its market position as a stable and reliable supplier in the automotive industry with the assistance of QAD Enterprise Applications.
Strong Return on Investment and Enhanced Efficiency with QAD
"QAD Enterprise Applications has delivered strong return on investment," said Jaroslav Majzlik, IT manager at SFC. "Thanks to QAD and the professional implementation consultants at Minerva CZ, we have demonstrated continual improvements to our service quality that allow us to achieve world-class performance. We are utilizing QAD to enhance efficiency and in collaboration with QAD's valued partner, Minerva CZ, we are introducing innovative processes that enhance employee and customer satisfaction." Minerva CZ worked closely with SFC to deliver an innovative data capture solution using bar-coding throughout logistics and production. As a result, SFC can gather and map real-time data from their enterprise resource planning (ERP) processes that can be transformed into graphical displays of the work performed by individual workers on the shop floor. According to the company, the real-time performance map has had a substantial motivational effect, as factory workers are now more involved in reducing unproductive time.
QAD's partner in the Czech Republic delivered the expert services and QAD solutions to enhance materials management excellence and innovation for the customer. "We were pleased to work with Senior Flexonics to successfully deploy QAD Enterprise Applications and meet the customer's goals," said Alena Pribisova, marketing manager at Minerva CZ. "As a result or our work together, Senior Flexonics Czech is now achieving preferred supplier status and has strengthened their market position in the automotive industry."
QAD provides innovative enterprise software and solutions for global manufacturing companies in the automotive industry like SFC. QAD's application architecture enables enterprises to implement a full-strength ERP solution in the cloud, on premise or as a blended deployment containing a mix of on premise and cloud users. Customers enjoy the same complete functionality, business processes and user experience regardless of how their QAD Enterprise Applications solutions are deployed. With the latest release of QAD Enterprise Applications, customers can tap into the power of their ERP to become more productive and efficient while raising the standard for delivering customer service quality year after year.
"In today's global automotive environment our valued customers, like Senior Flexonics CZ, must prove they can compete anywhere in the world with their quality and delivery capabilities in order to become and remain a preferred supplier," said Terry Onica, director of Automotive Vertical at QAD. "QAD Enterprise Applications and QAD solutions help customers achieve QAD's vision for the Effective Enterprise - where every business process is working at peak efficiency and perfectly aligned to the customer's strategic goals."
About Senior Flexonics Czech
Senior Flexonics Czech (SFC) is an internationally recognized company that designs, manufactures and sells steel pipes for the automotive industry such as steel pipes for engine cooling systems, steel pipes for guiding and control of car roof windows, flexible pipes for oil and cooling applications for diesel and petrol engines, flexible pipes for diesel engine exhaust gas re-circulation systems and aluminum pipes for automotive air conditioning systems. SFC supplies parts to customers around the world, such as Volkswagen, Volvo, Audi, Renault, Ford, Suzuki and others. For more information, please visit: http://www.seniorflexonics.cz/en/ or contact (00420) 585 151 170 www.seniorflexonics.cz
Minerva Česká republika (Minerva CZ) is a company with a strong customer focus and strategy oriented towards enterprise applications for manufacturing and distribution companies. It is committed to helping customers improve their overall company management with greater efficiency, control and productivity through the implementation of the correct IT system. Minerva CZ provides its customers with a full line of services, from software implementation through business process optimization consultancy, system integration, world-class e-business solutions and outsourcing. Apart from the Czech Republic and Slovakia, Minerva also operates in Ukraine, Lithuania, Hungary and Romania, serving more than 150 manufacturing and distribution companies. For detailed information please visit www.minerva-is.eu.
QAD is a leading provider of enterprise applications for global manufacturing companies specializing in automotive, consumer products, electronics, food and beverage, industrial and life sciences products. QAD applications provide critical functionality for managing manufacturing resources and operations within and beyond the enterprise, enabling global manufacturers to collaborate with their customers, suppliers and partners to make and deliver the right product, at the right cost and at the right time. For more information about QAD, telephone +1 805-566-6000, or visit the QAD web site at www.qad.com.
"QAD" is a registered trademark of QAD Inc. All other products or company names herein may be trademarks of their respective owners.
Note to Investors: This press release contains certain forward-looking statements made under the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. Words such as "expects," "believes," "anticipates," "could," "will likely result," "estimates," "intends," "may," "projects," "should," and variations of these words and similar expressions are intended to identify these forward looking statements. Forward-looking statements are based on the company's current expectations and assumptions regarding its business, the economy and future conditions. A number of risks and uncertainties could cause actual results to differ materially from those in the forward-looking statements. These risks include, but are not limited to, evolving demand for the company's software products and products that operate with the company's products; the company's ability to sustain license and service demand; the company's ability to leverage changes in technology; the company's ability to sustain customer renewal rates at current levels; the publication of opinions by industry and financial analysts about the company, its products and technology; the reliability of estimates of transaction and integration costs and benefits; the entry of new competitors or new offerings by existing competitors and the associated announcement of new products and technological advances by them; delays in localizing the company's products for new or existing markets; the ability to recruit and retain key personnel; delays in sales as a result of lengthy sales cycles; changes in operating expenses, pricing, timing of new product releases, the method of product distribution or product mix; timely and effective integration of newly acquired businesses; general economic conditions; exchange rate fluctuations; and, the global political environment. In addition, revenue and earnings in the enterprise resource planning (ERP) software industry are subject to fluctuations. Software license revenue, in particular, is subject to variability with a significant proportion of revenue earned in the last month of each quarter. Given the high margins associated with license revenue, modest fluctuations can have a substantial impact on net income. Investors should not use any one quarter's results as a benchmark for future performance. For a more detailed description of the risk factors associated with the company and the industries in which it operates, please refer to the company's Annual Report on Form 10-K for fiscal 2013 ended January 31, 2013, and in particular, the section entitled "Risk Factors" therein, and in other periodic reports the company files with the Securities and Exchange Commission.
KEYWORDS: United States Europe North America Czech Republic California
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