QAD and Precision Software Power Filtration Manufacturer’s
Global Supply Chain Operations
Filtrair BV Improves Transportation Time and Customs Communications
SANTA BARBARA, Calif. (Business Wire EON) June 10, 2008 --
QAD, Inc (Nasdaq: QADI), a leading
provider of enterprise software and services for global manufacturers,
announced today that Filtrair BV, a Netherlands-based filtration
manufacturer that specializes in filters for automotive paint
facilities, gas turbines, intakes and high-end HVAC installations, has
streamlined its global supply chain using a combined solution of QAD
Enterprise Applications and Precision
Software’s Global Trade Management solution.
Precision Software is a division of QAD Inc.
Filtrair BV implemented the QAD-Precision solution to work in tandem
with the already deployed QAD
Enterprise Applications suite. As a result, Filtrair BV has been
able to achieve tighter integration throughout its supply chain, leading
to improved transfer and maintenance of data from order entry and
processing, to delivery and invoicing.
Filtrair BV supplies its filtration products to customers in more than
80 countries in Europe, the Americas, Africa and Asia. This global
audience requires a supply chain solution that can streamline
communications with customs bureaus in each country, and help to more
efficiently deliver products. The company already had achieved strong
return on investment using QAD
Enterprise Applications, so it was a natural choice to deploy Precision’s
Global Trade Management solution.
“The combined solution has automated the
production of Filtrair’s export and shipping
documentation, which has led to faster and more efficient filing of
customs information and reduction of the number of days Filtrair’s
goods were in transit,” said Johan Langius,
Finance Manager at Filtrair BV. “Streamlined
communication with customs bureaus means that our products get to our
customers faster, improving customer relations and helping to increase
our bottom-line.”
Filtrair BV has utilized Precision’s
Global Trade Management solution to support both its European and
North American shipping requirements. The solution’s
integrated platform has automated the production of export and shipping
documentation, resulting in less time spent at customs and faster
customer delivery. QAD and Precision’s open
technology architectures made integration between Global Trade
Management and the existing QAD enterprise resource planning solution,
easy, and did not impact the company’s
already successful business processes.
“Filtrair BV is an excellent example of how a
company can utilize a full range of products from QAD to streamline its
logistics operations and the management of supply chain information,
globally,” said Pam Lopker, president and
founder of QAD. “We strive to develop
easy-to-deploy solutions that impact the supply chain quickly and
effectively, and we’re pleased that Filtrair
has benefited in this way.”
About Precision Software
Established in 1984, Precision Software, a wholly owned subsidiary of
QAD Inc., develops industry-leading global supply chain execution
software that allows companies to optimally manage their global trade,
transportation, parcel and desktop shipping from a single platform.
Precision Software’s integrated suite of
logistics and visibility solutions increases supply chain velocity,
improves profitability and maximizes control of goods as they move
throughout the organization and around the world. The solution is system
agnostic and it’s open architecture allows
for easy integration with leading Enterprise Resource Planning (ERP),
Warehouse Management Systems (WMS) and existing legacy solutions.
Precision Software’s customers span multiple
verticals including life sciences, consumer packaged goods, retail,
industrial products, food & beverage, 3rd
party logistics providers and freight forwarding. For more information
about Precision Software, visit www.precisionsoftware.com
or email info@precisionsoftware.com.
About QAD
QAD is a leading provider of enterprise applications for global
manufacturing companies. 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. Manufacturers of automotive,
consumer products, electronics, food and beverage, industrial and life
science products use QAD applications at approximately 6,100 licensed
sites in more than 90 countries and in as many as 27 languages. For more
information about QAD, telephone +1 805 684 6614, 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 2008 ended January 31, 2008.
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