Press Release Summary:
Material Management module for company's Vantage eManufacturing software provides control over inventory and related costs. Module allows manufacturers to manage electronic requests, dispatches, movement and location tracking from plant floor screen. It supports inventory moves such as stock-to-stock transactions, WIP, and multi-plant shipments. Sales order allocation allows manufacturers to prioritize customers and allocate inventory.
Original Press Release:
Epicor Announces Enhanced Version of Vantage to Give Midmarket Manufacturers Greater Visibility into Vital Business Operations
Epicor's eManufacturing Solution Streamlines Supply Chain Management, Financial Reporting and eCommerce
IRVINE, Calif., November 14, 2001 Epicor Software Corporation (NASDAQ: EPIC), a leading provider of integrated enterprise, eBusiness and collaborative commerce software exclusively for midmarket companies, today announced enhancements to Vantage, Epicor's comprehensive, integrated eManufacturing solution. Aimed at giving midmarket manufacturers more visibility into their operations, the enhanced Vantage solution features an Advanced Material Management module that provides tighter control over inventories and related costs. Enhanced accounting features make analyzing the bottom line easier, and tighter integration with Epicor's eCommerce solutions allows for expanded use of the Web for interacting with customers and suppliers.
Real Time Inventory Tracking
With its new Advanced Material Management module, Vantage enables real- time tracking of inventory, increasing visibility across the supply chain. The enhanced capabilities are ideal for manufacturers requiring complete control and visibility of products on the shop floor. The module allows manufacturers to manage electronic requests, dispatches, movement and location tracking directly from the plant floor screen. In addition, this module supports inventory moves such as stock-to-stock transactions, WIP moves, and multi-plant shipments. The sales order allocation feature allows manufacturers to prioritize customers and allocate inventory accordingly.
Integration Across the Supply Chain
Integration to Vantage StoreFront and Customer ePortal has been enhanced to make it even easier for midmarket manufacturers to conduct eCommerce. Vantage StoreFront is a powerful solution that allows customers and business partners to order goods and services online.
With the new integration enhancements, it is now easier for manufacturers to provide customers and partners with Web access to account information in real-time, including order, shipment or payment status. Because the online ordering process is completely automated, customers and suppliers are able to receive consistent, up-to-date pricing information and view inventory availability in real-time.
Better Control Over Costs in the Field
Many manufacturers have service employees that work in the field fixing and detecting problems with equipment and parts. New features in Vantage allow for more visibility into actual and billable cost elements, giving managers more control over cost containment. Companies like Neon Products Ltd., a premiere manufacturer of illuminated signage for the Canadian market, have implemented Vantage to streamline and optimize the manufacturing process. Neon is the largest electrical sign company in the world with over 800 employees; the company uses Vantage across its manufacturing facilities in five locations.
"As our company grew, we needed a more comprehensive solution that would integrate easily with our existing systems and be up and running fast," said Ron Newell, Network Administrator for Neon Products. "With the added visibility that Vantage provides, we are able to streamline our business operations and make more effective use of our existing resources. The Field Service module increases communication between our field workers and our manufacturing facilities which allows us to provide faster, better service to our customers."
Comprehensive Financial Accounting Integration
Vantage now features tighter integration to Active Planner, a financial planning tool that helps manufacturers simplify the exporting of budget data into different formats. Integration with FRx, a component of Epicor's eIntelligence Suite, and the Vantage Financial Report Writer allows accounting and finance staff to create financial reports that use sophisticated design techniques and automatically email them to key staff members. A new interface between Vantage and FRx enables the export of general ledger information into SQL tables for more advanced reporting.
"Vantage enables midmarket manufacturers to further streamline business processes, gain better control over quality, productivity and costs, and work more collaboratively with their customers and suppliers," said Rick Borg, senior vice president and general manager of Epicor eManufacturing Group. "By automating processes and increasing visibility from the plant floor across the entire value chain, we're helping manufacturers move their operations to the e-business mainstream."
About Epicor Software Corporation
Founded in 1984, Epicor is a leading provider of end-to-end integrated enterprise, eBusiness and collaborative commerce software solutions exclusively for midmarket companies. Epicor helps businesses around the world build eBusiness into their entire organization by integrating their systems and operations with the Internet to focus their entire enterprise on their customers. By integrating leading edge eBusiness applications with advanced front office customer relationship management (CRM) applications and proven back office enterprise applications, Epicor provides midmarket companies with the complete solution they need to compete in the new Internet economy. Epicor is headquartered at 195 Technology Drive, Irvine, California, 92618, and the main phone is (949) 585-4000. More information about Epicor, its products and services is available at www.epicor.com.
Epicor is a trademark of Epicor Software Corporation and Vantage is a registered trademark of Epicor Software Corporation. Microsoft SQL server is a registered trademark of Microsoft Corp. in the United States and/or other countries. Progress is a registered trademark of Progress Software Corporation. All other trademarks referenced are the property of their respective owners. The product and service offerings depicted in this document are produced by Epicor Software Corporation.