Intuitive Acquires SupplyWorks
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SupplyWorks' multi-plant supplier collaboration adds supply chain management to Intuitive ERP
Kirkland, Washington - March 14, 2006 - Intuitive Manufacturing Systems, a leading provider of enterprise resource planning (ERP) software for discrete manufacturers, announced today they have acquired SupplyWorks as part of the company's aggressive growth strategy for 2006. SupplyWorks' platform for multi-location supplier collaboration extends ERP functionality with supply chain management (SCM) features such as supply chain visibility, synchronization, automated replenishment, and performance measurements through a web-based supplier portal.
"The acquisition of SupplyWorks by Intuitive is strategic, timely and very complementary," said Intuitive President and CEO Chuck Gillam. "ERP customers are realizing tremendous benefits from their systems inside the 'four walls' of the enterprise and are now looking to the supply chain for optimization and competitive advantage. The wireless Kanban and Lean manufacturing functionality that SupplyWorks has delivered is exactly what many manufacturers want to implement.'"
"Our goal was to acquire a full-function SCM solution that meets the multi-location supplier collaboration requirements for our existing and future customers," Gillam said. "SupplyWorks has been recognized by industry analysts as a leader in developing this functionality and has consistently delivered measurable ROI to their customers."
Current Intuitive customers will be able to extend their Intuitive ERP with SupplyWorks functionality, as Intuitive ERP and SupplyWorks are built on the same Microsoft foundations and integration will be seamless. Intuitive is dedicated to .NET and service-oriented architecture (SOA) technology and continues to be well-positioned to leverage the benefits of next generation .NET to provide maximum value to its manufacturing customers.
In addition to actively marketing, selling and supporting the SupplyWorks solution through its existing sales channel, Intuitive is creating new agreements with selected system integrators who are supporting other legacy ERP systems. Since SupplyWorks is not dependent on a specific ERP system and has proven to be easy to integrate, these selected system integrators will be able to provide additional value to their manufacturing clients currently running older systems.
About SupplyWorks
SupplyWorks, Inc. has been a pioneer and leader in direct materials supply management software that helps discrete manufacturers improve procurement execution, optimize the flow of parts and materials into their plants and lower their parts and material costs. The SupplyWorks solution enables manufacturers to communicate and collaborate more tightly with their suppliers, increase throughput, and reduce inventories without reducing manufacturing responsiveness and flexibility. SupplyWorks was represented in the transaction by Innovation Advisors, a technology-focused investment bank. Information about SupplyWorks is available on the Web at www.supplyworks.com.
About Intuitive
Intuitive Manufacturing Systems offers intuitive and flexible enterprise solutions that help discrete manufacturers achieve greater operational efficiency and profitability by integrating business processes on an enterprise-wide level. Since 1994, Intuitive has been a technology leader, dedicated to providing our customers with software solutions that add value to their business. Intuitive's enterprise solution is designed to deliver superior functionality, rapid implementation, ease of use and a technology standard that is unmatched in the industry. Intuitive has achieved Gold Certified status in the Microsoft Partner Program with a competency in ISV/Software Solutions, recognizing Intuitive's expertise and total impact in the technology marketplace. Intuitive's enterprise solution is supported by a network of direct offices and business partners worldwide to provide the software and services to solve today's business problems. Learn more at www.intuitivemfg.com.
For Immediate Release
Contact: Ray Rebello, Intuitive
425-602-1065
ray.rebello@intuitivemfg.com
