BorgWarner Morse TEC, Tier 1 Automotive Supplier, Goes Live With SupplyWorks SRM Software
BEDFORD, Mass.--June 24, 2002--Integrated with in-place JD Edwards ERP system, SupplyWorks MAX enables substantial improvements in supply chain operations
SupplyWorks, Inc., the leader in supplier relationship management (SRM) software for discrete manufacturers, today announced that it has successfully completed the installation of its Web-based SRM solution at BorgWarner Morse TEC, Inc. SupplyWorks MAX(TM) software is now in live production use at BorgWarner Morse TEC's operation in Ithaca, N.Y. The implementation was completed in six months.
As part of the implementation, SupplyWorks integrated its SupplyWorks MAX software with BorgWarner Morse TEC's existing JD Edwards ERP system. SupplyWorks MAX transfers data to and from the JD Edwards manufacturing and financial applications to streamline and automate such tasks as supplier scheduling, inventory visibility, pull replenishment, supplier invoicing and payment, trend analysis and supplier performance evaluation for the well-known manufacturer of engine timing components.
"We are impressed at how quickly and confidently SupplyWorks was able to integrate its solution with our existing ERP system," said Jackie Bangs, vice president of business systems and logistics at BorgWarner Morse TEC. "SupplyWorks MAX provides a solid platform for BorgWarner Morse TEC's production planners and buyers to communicate in real time with suppliers to plan, issue and track incoming parts and materials orders. By streamlining and automating our supply chain business processes, the new software will generate substantial savings."
SupplyWorks MAX is a comprehensive SRM package that improves supply chain execution, supports effective buyer/supplier collaboration, and provides advanced tools for strategic supply management. The solution is enabling BorgWarner Morse TEC's production buyers at multiple locations to share common data and use their time more efficiently to manage and optimize the stream of parts and materials feeding their plants.
Having achieved successful operation in Ithaca, N.Y., the software will now be deployed at several additional BorgWarner Morse TEC locations as well as at a wide range of key suppliers. SupplyWorks MAX supports multiple levels of supplier involvement and interaction, which facilitates its use across the full spectrum of supplier relationships.
"Previously, the BorgWarner Morse TEC buyers and planners spent half of their time manually entering data, placing purchase orders and tracking and expediting shipments," said Jeff Herrmann, CEO and president of SupplyWorks, Inc. "SupplyWorks MAX automation streamlines the tasks, elevates the level at which the buyer/planners can manage the process, and provides the real-time visibility the company needs to head off problems in their supply chain before they impact production. SupplyWorks is focused on enabling our customers to improve their operational performance and save large dollar amounts quickly."
About SupplyWorks, Inc.
SupplyWorks, Inc. is the leader in supplier relationship management (SRM) solutions that manage the supply base, improve supply chain performance, and optimize the flow of production parts and materials for discrete manufacturers. The Company's Web-based software enables organizations to significantly increase competitive advantage, enhance market reaction time, and strengthen financial performance. SupplyWorks is headquartered in Bedford, MA, and is backed by Atlas Venture, North Bridge Venture Partners, Longworth Venture Partners, New Meadows Capital, Solstice Capital and Spinner Global Technology Fund, Ltd. Information about SupplyWorks and its solutions is available at www.supplyworks.com or by calling (781) 301-7000.
About BorgWarner Morse TEC, Inc.
BorgWarner Morse TEC, a subsidiary of BorgWarner, Inc., is a global leader in the design and manufacturing of automotive chain systems and components for engine timing, automatic transmission and four-wheel drive applications. Customers include Ford, Daimler-Chrysler, General Motors, Toyota, Honda and Nissan. The Internet address for BorgWarner is www.bwauto.com.