Infor's SupplyWEB Selected as Supply Chain Solution for Cooper Standard Automotive
SupplyWEB(R) to be implemented throughout Cooper Standard Automotive's operations in the Americas
NORTHVILLE, Mich., June 15 -- Infor, a global provider of enterprise software solutions to select manufacturing and distribution industries, today announced that its supply chain management solution, SupplyWEB, has been selected by Cooper Standard Automotive for 25 manufacturing facilities in North and South America. SupplyWEB is a component of Infor's Automotive Essentials suite, which is a set of modular solutions designed to solve the essential challenges found in the global automotive industry.
With SupplyWEB, Cooper Standard Automotive will streamline its supplier facing operations across multiple ERP systems resulting in inventory and premium freight reductions and improving overall business processes. Cooper Standard Automotive expects to realize additional benefits with order fulfillment processes by using additional SupplyWEB modules including eKanban, Supplier Managed Inventory, and Supplier Metrics.
Cooper Standard Automotive already employs Infor's EDI solution across 22 plants in North America. With the adoption of SupplyWEB, Cooper Standard Automotive embarks on a strategic expansion of its long-term relationship with Infor. Cooper Standard Automotive is a leading manufacturer of sealing systems products, fluid control systems, trim, vibration control applications and other related NVH products for the global automotive industry.
"One of the main reasons for selecting Infor is their significant, current automotive experience," said Michael Silvio, Director of Supply Chain Management for Cooper Standard Automotive. "We view Infor as one of the leading suppliers to the automotive industry in this market. They already work with many of our suppliers and customers. This will help to accelerate the training timeframe for our suppliers."
Cooper Standard Automotive purchased all of the SupplyWEB modules because the solution addresses the opportunities it wanted to improve including multiple replenishment strategies, premium freight, inventory management and inventory accuracy, which leads to key performance indicators and metrics that Cooper Standard Automotive utilizes to continuously monitor its level of performance. Cooper Standard Automotive cites additional reasons for choosing SupplyWEB as the overall ease of use it provides, especially with the software interface and the breadth of the application.
SupplyWEB also has tools that allow Cooper Standard Automotive the agility to adapt to supplier choice with speed. "With global supply chains that are increasingly complex to manage, we need world-class tools to manage total costs to bring our customers the best possible products and solutions at the best possible cost. SupplyWEB makes this possible," said Silvio.
Cooper Standard Automotive's implementation of SupplyWEB will begin in July 2005. "We will engage in a deliberate tiered deployment based on business requirements," said Harold Reese, Cooper Standard's Vice President of Information Technology. "The implementation is designed to complement Cooper Standard's ERP deployment strategy."
"In providing a comprehensive suite of SCM solutions through SupplyWEB, Infor is helping Cooper Standard Automotive streamline the management of its supply chain in the western hemisphere as well as create new efficiencies that drive down costs," said Rick Parker, Vice President, Global Marketing, Infor Discrete Group.
About Infor
Infor is the largest global software provider exclusively focused on delivering world-class enterprise applications to select verticals in the manufacturing and distribution industries. Infor delivers integrated best-in- class products that address the essential challenges its customers face in areas such as supply chain planning, relationship management, demand management, ERP, warehouse management, marketing-driven distribution, and business intelligence. With more than 2,400 employees in 47 global offices, Infor provides enterprise solutions to 17,500 customers in over 70 countries. For additional information, visit http://www.infor.com/ .
About Cooper Standard Automotive
Cooper Standard Automotive Inc., headquartered in Novi, Mich., specializes in the manufacture and marketing of systems and components for the global automotive industry. Products include sealing systems, trim, NVH control systems, and fluid handling systems. Cooper Standard Automotive Inc. employs more than 14,000 people across 46 facilities in 14 countries. For more information, visit the company's web site at: http://www.cooperstandard.com/ .