Automotive Process Software promotes streamlined operations.

Press Release Summary:



Automotive Process Library includes process models that organize information and distribute role-based views of correct information at correct times of processes. Models for Coordinated Network Procurement, Product Sourcing, and Order and Supply Synchronization address specific requirements of how Purchasing, Engineering, Manufacturing, and Finance interact, enabling real-time dissemination of information to multi-tier and globally distributed production and supply base.



Original Press Release:



Newview Technologies Introduces Process Models for Automotive Solutions Create Bridge to Align Organizations with Design For Supply and Commonization Objectives



Chicago, IL - Manufacturing Week Trade Show - March 4, 2003 - Newview Technologies, an innovative software company that helps its clients effectively coordinate and extract value from their internal and external business networks, announced today the introduction of new process models to its Automotive Process Library.

The Automotive Industry is at a critical juncture to demonstrate the ability to dramatically reduce costs while maintaining design innovation. With an increasingly distributed network of supply and manufacturing locations, the industry is seeking creative ways to leverage their relationship network to drive down total cost and achieve a new level of operational effectiveness.

Newview's automotive process models offer a new approach to organizing information and distributing role-based views of the right information at the right time of a process. Models for Coordinated Network Procurement, Product Sourcing and Order & Supply Synchronization address the specific requirements of how Purchasing, Engineering, Manufacturing and Finance interact to create a lean network of operations.

Coordinated Network Procurement aligns procurement execution across internal divisions and through the supplier network to ensure strategic sourcing decisions are carried out and measured during volume production.

Product Sourcing helps Product Development, Operations and Finance share information and consistently execute processes early in the design stage to optimize technical, cost and quality tradeoffs.

Order and Supply Synchronization enables real-time dissemination of information to a multi-tier and globally distributed production and supply base to stabilize schedules and address the network inventory levels that burden the automotive industry.

To find out more about Newview's solutions call 212.527.9997 or 877.447.8335; or email sales@newview.com.

About Newview
Newview Technologies Inc. develops innovative Process Management Technology solutions that coordinate and streamline processes across business platforms. With its flexible Network Business Process Architecture(TM), Newview helps clients achieve "true fit" business processes that connect customers, partners and suppliers throughout the business network. Newview's building block architecture is easily configurable, works with existing business applications and can be deployed in 90 days.

Founded in September 1998, Newview Technologies, Inc. is headquartered in New York, NY and delivers value for customers that include Ford Motor Company and BHP Steel. The company is supported by strategic investors led by Goldman, Sachs & Co; Kleiner Perkins Caufield & Byers; Bessemer Venture Partners and Greylock.

(c) 1998-2003 Newview Technologies Inc. Newview Technologies, the Newview logo, and Network Business Process Architecture are trademarks of Newview Technologies Inc.

Susan Bruder
Director, Marketing Communications
240-333-2305 (office) 571-216-1414 (cell)
1-781-394-8425 (efax)
sbruder@newview.com www.newview.com

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