MAPICS To Play Key Role In Tranter PHE's Commitment To Reducing Operations Costs; Rapid Return On Investment Anticipated
MAPICS, Inc. (Nasdaq/NM: MAPX), a global provider of collaborative, extended enterprise applications for world-class manufacturers, today announced that Tranter PHE, a major manufacturer of heat exchangers for industrial and commercial applications and a Dover Corporation Company, has selected MAPICS' ERP, SCM and collaborative solutions for use at its worldwide locations.
Tranter PHE Inc., based in Wichita Falls, Texas and Vanersborg, Sweden, is looking to MAPICS to better align its business processes with the growth in product diversity, sales volume, geographical coverage and administrative demands the company has experienced over the last several years.
"The MAPICS solution is the best fit for our needs as a global manufacturer whose volume and reach had far outgrown our business systems," said Chuck Monachello, president of Tranter PHE. "It's a fully integrated solution that is compatible with different currencies, languages and locations and that supports critical manufacturing processes such as materials planning and inventory control--all capabilities that needed improvement since we became a seamless and global organization."
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Implementing the MAPICS solution will enable Tranter PHE to realize valuable benefits in a relatively short period of time. The company expects this return on its investment to result from reduced operations costs and the efficient integration of sales, purchasing, inventory and manufacturing processes--all made possible by MAPICS without the need for costly modifications. Tranter PHE also expects to reduce purchasing costs with the increased visibility into longer planning horizons that MAPICS offers.
"We're looking to MAPICS to help both our U.S. and European locations in a number of valuable ways," explained Kevin Echols, director of information technology at Tranter PHE. "The new solution will allow us to integrate these locations and their functions; homogenize business and technical terminology; standardize information formats; consolidate best practices; reduce capital requirements; improve inventory control and production requirements; and enhance the flow of communication and information among our geographically separate units."
Watermark Technology, an independent sales affiliate company of MAPICS, was instrumental in closing the deal with Tranter and will work closely with the manufacturer to complete training on the MAPICS solutions by the end of 2002. Live implementation will begin in early 2003, and the solution is expected to be fully operational by the end of 2003.
"This is a wonderful opportunity for both MAPICS and Watermark Technology to work with a customer with such great potential to achieve world-class metrics in a very short period of time," said John Carter, senior vice president and general manager of North American operations for MAPICS. "Tranter PHE has aggressive goals and high expectations, and we know we can deliver the type of benefits they're hoping to realize in critical business areas such as cost reduction and increased customer satisfaction."
Founded more than 70 years ago, Tranter PHE has manufacturing facilities in Texas, Sweden and India and regional sales offices in Italy, Germany, France and the UK.
About MAPICS
Headquartered in Alpharetta, Georgia, and with offices around the globe, MAPICS delivers collaborative business applications and expert consulting services that help manufacturers become world class. By transforming operations to achieve best-in-class performance in key business metrics, world-class manufacturers gain market share, operate at peak efficiency and exceed customer expectations. MAPICS solutions include an enterprise resource planning (ERP) foundation, plus supply chain management and customer relationship management functionality. With nearly 4,800 customers installed in more than 10,000 sites in more than 70 countries, MAPICS has a strong focus and proven success in helping create world-class manufacturers in discrete and batch process manufacturing industries like electronics, industrial equipment, and automotive and transportation. MAPICS customers include such leading manufacturers as Anaren Microwave, Inc., Dukane Corp, Schneider Electric Mexico, Volvo Construction Equipment, YORK International Corporation, Dirona SP, Goodrich Corporation, Hartzell Propeller, Inc. and Honda Motor Co., Ltd. For more information visit www.mapics.com.
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