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Date Posted: 4/30/2003
Edmund Industrial Optics Receives Award From International Software Company for Best Use of Enterprise-Wide Software Suite
Edmund Industrial Optics Saves $1 Million in Nine Months by Reducing Inventory With Made2Manage(R) Enterprise Business System
INDIANAPOLIS--(BUSINESS WIRE)--April 25, 2003-- Made2Manage Systems Inc. (Nasdaq:MTMS - News), a leading provider of enterprise software for small and midsize manufacturers and distributors with revenues of less than $250 million, announced today that Edmund Industrial Optics, based in Barrington, N.J., has received Made2Manage Systems' 2003 Summit Award for Best Use of the Made2Manage Enterprise Business System. Edmund implemented the Made2Manage Enterprise Business System in February 2002. The Best Use of the Made2Manage Enterprise Business System award is given to a Made2Manage Systems' customer that has demonstrated excellence in utilizing multiple applications of the Made2Manage Enterprise Business System. Award recipients illustrate how the Made2Manage product suite has improved their overall business performance and display steady business growth, a strong return on investment, and a passion for implementing and mastering new technologies.
"We are very pleased to recognize Edmund Industrial Optics with a 2003 Summit Award," said Dave Wortman, CEO of Made2Manage Systems. "Edmund has boldly demonstrated how the Made2Manage system can help small and midsize manufacturers streamline operations to reach significant cost savings, greater efficiencies, and improved collaboration across the enterprise."
According to Stan Oskiera, vice president of operations at Edmund, the Made2Manage system replaced an aging legacy system that could no longer support the changing business processes required by the company's rapid growth into global markets. The Made2Manage system has brought about significant benefits at Edmund in terms of continuous operational improvement and cost savings.
"The Made2Manage system has helped Edmund reduce inventory levels for a savings of $1 million in just nine months," Oskiera said. "Edmund's physical inventories are completed in less than one and a half days with tremendous accuracy since we can take advantage of the data that flows seamlessly through the Made2Manage system. We also added a significant number of new products to our twice-yearly catalogs while still maintaining a significant inventory decrease. The Made2Manage system makes us extremely efficient at what we do."
According to Oskiera, Edmund's use of the Made2Manage system over the past year has helped the company achieve a noticeable improvement in making on-time shipments and a 40-percent reduction in back orders. Edmund also relies on the Made2Manage system to maintain accurate job costs, and provide real-time data for more accurate and profitable product pricing.
The enterprise-wide benefits of the Made2Manage system also have helped Edmund improve the communication and collaboration between its headquarters and international offices. "Now we are able to share this data in real time with our remote offices in the United Kingdom, Japan, Germany and Singapore on a daily basis. As Edmund expands its global presence, we are confident that the Made2Manage system will continue to contribute to our success," said Oskiera.
About Edmund Industrial Optics
Edmund Industrial Optics (EO) has been a leading supplier of optics and optical components to industry since 1942, designing and manufacturing a wide array of multi-element lenses, lens coatings, imaging systems, and opto-mechanical equipment. EO is application-focused and pursues new ways to implement optical technology, enabling advancements in semiconductor manufacturing, industrial metrology, and medical instrumentation. EO staff and facilities span the US, Europe, Japan, Singapore and China. EO's skilled optical engineers design rescission products for use in research, test and measurement applications, and for the automation of manufacturing processes.
About Made2Manage Systems Inc.
Made2Manage Systems delivers a comprehensive, fully integrated enterprise business system designed specifically for the unique needs of small and midsize manufacturers and distributors. The enterprise solution addresses the most critical business processes facing small and midsize manufacturers and distributors, creating a system that requires minimal customization and administration. Utilizing Microsoft technology, the end-to-end solution guarantees Made2Manage customers get their businesses online and working efficiently as quickly as possible, helping them to compete effectively against growing global competition. With more than 25,000 licensed users, Made2Manage works with leading suppliers behind some of the nation's biggest brand names. Visit the Made2Manage Systems Web site at www.made2manage.com. Made2Manage Systems can be reached via e-mail at info@made2manage.com or by calling (800) 626-0220.
-------------------------------------------------------------------------------- Contact: Made2Manage Systems Inc. Jim Badger, 317/249-1269 jbadger@made2manage.com
-------------------------------------------------------------------------------- Source: Made2Manage Systems Inc.
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