National Outdoor Retailer REI Selects MatrixOne PLM to Manage End-to-End Product Lifecycle and Speed Time- to-Market for REI Br
May 03 2006 - 8:30AM
Business Wire
MatrixOne, Inc. (NASDAQ: MONE), a leading provider of collaborative
product lifecycle management (PLM) solutions for the value
chain(TM), today announced that Recreational Equipment, Inc. (REI),
a national retailer of specialty outdoor gear and clothing, has
standardized on the MatrixOne Accelerator for Apparel Design and
Development(TM). REI has deployed the MatrixOne apparel solution to
manage the enterprise product development lifecycle for its private
brands REI and Novara; from R&D, to line planning, design,
development and sourcing. By replacing legacy systems and manual
processes with the MatrixOne apparel solution, REI is reducing its
time to market from line planning through delivery by approximately
a third. The MatrixOne Accelerator for Apparel Design and
Development enables REI to clearly establish and communicate
design, performance and business criteria; fully populate a
materials and component reference library with well tested options;
manage all design activities and information--including sketch,
CAD, and robust style toolboxes; facilitate all aspects of the
development process including BOM, specification, and construction
details; and optimize its sourcing strategies through smart
management of product placement and costing. Essentially the
MatrixOne apparel solution lets REI manage product research,
design, development and sourcing across a complex global value
chain with a single, Web-based system, and allows the company to
further build its private brands by providing cohesiveness and
collaboration between REI's Gear and Apparel team, its product
merchants, and its vendor partners. "The MatrixOne deployment has
enabled us to work smarter because we now have a single version of
the truth," said Kevin Myette, director of Research and Development
for REI. "The Apparel Accelerator supports the development,
engineering and fully testing of innovative concepts, materials and
components and also enforces one product development process rather
than multiple, disjointed activities. For REI, shortened design and
development cycles means great products to market faster. For our
customers it means they get the high performance products they want
and need - at the right time. This is a serious competitive
advantage." The MatrixOne Accelerator for Apparel Design and
Development is a comprehensive, commercially available solution
that provides standard apparel industry data models and schema,
pre-defined work processes and reports, as well as role-based user
interfaces to speed deployment and ease user adoption. This
solution is built on top of MatrixOne's industry leading PLM
platform and business process applications to provide scalability,
performance and the flexibility to keep pace with the
ever-quickening pace of business. The MatrixOne apparel industry
solution offers broad and robust library management capabilities
for organizing information such as colors, fabrics, trim, build
instructions and other key elements to assist in reuse,
standardization, collaboration and access control across the
extended enterprise. In addition, capabilities for product design
and planning, product costing and strategic sourcing are included
to encompass all aspects of the apparel design, development and
production lifecycle. "Savvy apparel companies now recognize that
they need PLM in order to compete globally. These companies are
under increasing pressure to produce innovative products each
season and get them in the stores quickly, all while reducing
costs," said Kurt Andersen, vice president of industry solutions at
MatrixOne. "We've made the move to PLM incredibly easy for our
apparel customers by incorporating the industry's best practices
into a single, Web-based solution. Now, apparel companies can get
all the specific features for dealing with the materials and
processes for the apparel industry in one easy to use, rapidly
implementable package." About REI REI is a national outdoor retail
cooperative, committed to inspiring, educating and outfitting for a
lifetime of outdoor adventure. Founded in 1938 by a group of
Pacific Northwest mountaineers seeking quality equipment, REI is
today the nation's largest consumer co-op with more than 2.5
million active members. REI offers products from all of the top
brands for camping, climbing, cycling, hiking, outdoor
cross-training, paddling, snow sports and travel, including its own
lines of award-winning gear and apparel. While anyone may join or
shop at REI, members pay a one-time $15 fee and receive a share in
the company's profits through an annual member refund based on
their purchases. REI currently operates stores in 25 states, two
online stores - REI.com and REI-OUTLET.com - and an adventure
travel company, REI Adventures. A portion of REI's profits is set
aside each year for support of environmental stewardship and
outdoor recreation causes. REI is a top ten company in Fortune
Magazine's 100 Best Companies to work for in America and has been
on the list since its inception. About MatrixOne, Inc. MatrixOne,
Inc. (NASDAQ: MONE), a leading global provider of collaborative
product lifecycle management (PLM) software and services, enables
companies to accelerate product innovation to achieve top line
revenue growth and improve bottom line profitability. With
world-class PLM solutions and a commitment to customer success,
MatrixOne is focused on helping companies across the automotive,
aerospace & defense, consumer, machinery, medical device,
semiconductor and high-tech industries solve their most challenging
new product development and introduction problems. More than 850
companies use MatrixOne's solutions to drive business value and
gain a competitive advantage, including industry leaders such as
BAE Systems, Bosch, Comau, General Electric, Honda, Johnson
Controls, Linde AG, NCR, New Balance, Nokia, Philips, Porsche,
Procter & Gamble, Sony Ericsson, STMicroelectronics and
Toshiba. MatrixOne (www.matrixone.com) is headquartered in
Westford, Massachusetts, with locations throughout North America,
Europe and Asia-Pacific. On March 1, 2006, Dassault Systemes
entered into a definitive agreement to acquire MatrixOne, Inc.,
subject to customary closing conditions. MatrixOne and the
MatrixOne logo are registered trademarks and "a leading provider of
collaborative product lifecycle management (PLM) solutions for the
value chain" and the MatrixOne Accelerator for Apparel Design and
Development are trademarks of MatrixOne, Inc. All other trademarks
and service marks are the property of their respective owners.
Forward-looking statements in this release are subject to risks and
uncertainties that could cause our actual results to differ
materially from those anticipated. Such statements may relate,
among other things, to our plans, objectives and expected financial
and operating results. The risks and uncertainties that may affect
forward-looking statements include, among others: poor product
sales, long sales cycles, difficulty developing new products, and
difficulty in relationships with vendors and partners, higher risk
in international operations, difficulty assimilating future
acquisitions, difficulty managing rapid growth, and increased
competition. For more about the risks and uncertainties of our
business, see our periodic and other S.E.C. filings.
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