Casco Drives Efficiency Improvements with QAD Supply Chain Portal
October 13 2010 - 8:04AM
Business Wire
QAD Inc. (NASDAQ: QADI), a leading provider of enterprise
software and services for global manufacturers, announced today
that Casco, a world-class manufacturer of next generation
lighters, power outlets and sensors for the automotive industry,
plans to implement QAD Supply Chain Portal (SCP) to improve
the efficiency of its supplier communications.
For years, Casco has been embracing Lean Market principles
throughout its organization. However, with facilities on five
continents, maintaining optimal supplier collaboration and
visibility has been a formidable challenge. To meet this need,
Casco plans to deploy QAD Supply Chain Portal, formerly known as
QAD Supply Visualization.
QAD Supply Chain Portal is an On Demand supplier collaboration
portal that will allow Casco and its suppliers to share real-time
visibility of demand and supply. Casco and its authorized suppliers
will be able to communicate electronically on inventory,
scheduling, shipments, invoices and more. Using a robust feature
set that aligns with Just in Time (JIT), Kanban, and other lean
manufacturing replenishment methods, QAD Supply Chain Portal will
help Casco and its suppliers improve performance by reducing costs,
including freight and inventory; improving service levels,
communication and compliance; and eliminating supply chain
disruptions.
“Our decision on QAD Supply Chain Portal was a natural choice
for us,” said Maurice Schaefer, IT Director at Casco. “It will
allow us to focus on value-added activities instead of expedite and
routing issues. Additionally, the ASN (advanced shipping notice)
function will help us leverage EDI (electronic data interchange) in
a more cost-effective manner.”
Casco’s material managers will now have greater flexibility in
making the right decisions to keep their respective sites
replenished without outages. Moreover, QAD Supply Chain Portal
dashboards and automatic alert tools will give internal purchasing
personnel and suppliers the flexibility they require to manage by
exception.
“Supply Chain Portal is an optimal tool for helping us manage
Kanban more efficiently,” added Schaefer. “We are looking to
standardize our supplier labels for incoming product and offer a
self-service option for invoicing. Its seamless integration with
the Lean Manufacturing suite of QAD Enterprise Applications is
invaluable.”
About Casco
Founded on 1921 by J.H. Cone in Bridgeport, Connecticut, USA,
Casco is a leading world-class manufacturer in the lighter and
power outlet market with plant and developments centers in Europe,
North America, South America, Africa and Asia. Casco manufactures
sensors, power outlets, heater modules and other automotive
accessories for almost all major automotive original equipment
manufacturers (OEMs) globally.
About QAD
QAD is a leading provider of enterprise applications for global
manufacturing companies specializing in automotive, consumer
products, electronics, food and beverage, industrial and life
science 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. 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 2010 ended January 31,
2010.
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