Plex Systems Announces Availability of “ERP in Complex Manufacturing” Report
On-demand software critical for collaboration, visibility; researchers conclude
Auburn Hills, MI (January 16, 2009) –
Plex Systems, Inc., providers of Plex Online software for the manufacturing enterprise, today announced availability of the newly published “ERP in Complex Manufacturing: Improving Collaboration and Visibility” benchmark report by Aberdeen Group, a Harte-Hanks Company (NYSE:HHS). Plex Systems sponsored the report, which is now available as a free download for a limited time at the Resource Center found at www.plex.com.
The report finds collaboration the key to reducing costs and improving customer satisfaction. Best-in-Class integrate manufacturing operations with front and back offices, and within those companies, manufacturing and corporate IT work collaboratively to implement technology. The report elaborates on how Best-in-Class complex manufacturers use ERP to improve inventory accuracy, on-time shipments, and bid accuracy.
“To win repeat business and remain profitable, complex manufacturers are stressing collaboration and visibility into manufacturing operations. For example, ‘actual cost to bid’ directly impacts a company’s profitability. When actual cost is lower than the bid proposed to the customer, companies risk losing business to a lower priced competitor. If the actual cost is higher than the quote, the company loses money on the order,” says Cindy Jutras, VP and Group Director, Aberdeen. “The Best-in-Class are over three times better at narrowing the gap between bid and actual costs. In addition, actual costing is a process that can be incredibly cumbersome if done manually. Best-in-Class companies are almost twice as likely as all others to fully automate actual costing, thereby protecting margins without sacrificing productivity.”
Patrick Fetterman, Vice President of Marketing, Plex Systems, Inc. said, “These timely findings confirm the value Plex Online Software as a Service delivers to manufacturing facilities around the globe. The solution is specifically designed to implement real-time visibility into operational performance, and automate processes such as hand-offs between engineering and manufacturing, costing, and scheduling. Further, Plex Online improves remote and/or mobile access to ERP data, which is a key recommendation made by the researchers.”
Plex Systems, Inc. (formerly Plexus Systems, Inc.) is the developer of Plex Online, a software as a service (SaaS) solution for manufacturers. Plex Online includes over 350 functional modules to manage operations from the shop floor to the top floor, including manufacturing execution system (MES) modules such as quality management and machine integration, enterprise resource planning (ERP) modules such as accounting and finance, customer relationship management (CRM) modules such as order entry and tracking, and supply chain management (SCM) modules such as supplier quality and traceability. Plex Online’s SaaS model delivers reduced cost of operations, faster implementations and a continuously improving feature set.
About Plex Systems, Inc.
Since 1995, Plex Systems, Inc. (Auburn Hills, Mich.) has maintained a singular vision — to drive significant cost, quality and productivity improvements for manufacturers, from the shop floor to the top floor. Today, Plex Online also enables manufacturers to manage accounting, financials, regulatory compliance, human resources and other critical priorities, based on real-time, highly accurate data from their manufacturing operations. Plex Systems serves a global cross-section of manufacturing industries (OEMs and suppliers), particularly automotive, medical device and aerospace and defense companies. In 2006, Apax Partners (www.apax.com) made a strategic investment in Plex Systems, joining the founding investment group as stakeholders in Plex. For more information, visit www.plex.com.
Plex Systems and Plex Online are trademarks of Plex Systems, Inc.
Source: Plex Systems