COSTA MESA, Calif. --
December 5, 2002 -- SYSPRO announced that the company is the proud
recipient of a "best-of-breed" award from customer Tri-Star
Plastics Corp. Tri-Star chose to honor SYSPRO for the company's
development of the Materials Yield System. The award, consisting
of a glass-encased, folded American flag, symbolizes the August 5, 2002,
"go-live" date of the Materials Yield System at Tri-Star
headquarters in the Boston, Mass., suburb of Shrewsbury.
On this same date, the
encapsulated flag actually flew over the United States Capitol Building
in Washington, D.C. The accompanying plaque reads, "The hard
work and dedication in the creation of this revolutionary module
distinguishes SYSPRO and its development team as "Best of
Breed."
Brian Stein, SYSPRO USA
President, said of the award, "We are indeed proud and very
flattered by this honor. It's extremely rare, if not unheard of,
for a customer to honor a software company for the development of a
software solution. We accept this award graciously and look upon
it as a standard against which to measure our future efforts."
Richard Cedrone,
President of Tri-Star Plastics Corp., noted, "We worked with SYSPRO
on developing a software solution to solve one of the cut-shape market's
most pressing problems, that of dealing with remnants. Not only
did the breadth and depth of the resulting solution exceed our
expectations, but we were also awed by the outstanding cooperation and
enthusiasm of the SYSPRO development team. The uniqueness of the
award, an American flag that actually flew over our nation's capitol, is
meant to symbolize the uniqueness of the software solution and the
company which developed it. The implications of the Materials
Yield System to the Plastics Industry, as well as other industries
involved in custom cutting, are significant. I know that SYSPRO
spent thousands of man-hours in developing the software, and it is this
type of focus that elevates them way above the others in the software
industry."
The Materials Yield
System also prompted Start Magazine to bestow its "2001 Vision
Award" to SYSPRO and to name SYSPRO a "2002 Hot
Company." Additionally, SYSPRO has been nominated for a
number of other prestigious industry awards for the Materials Yield
System.
The SYSPRO Materials
Yield System (MYS) is an optional extension to the in-depth inventory
capabilities of the SYSPRO enterprise software solution. The MYS,
which enables cut-shape suppliers to fill orders to customer-specific
dimensional requirements, automatically calculates yields from full
sheets and remnants and returns remnants to inventory, creating a
new part number.
The system accommodates
orders from existing inventory, another branch's inventory and the
purchasing of material from a vendor, or a combination of each.
Moreover, the MYS enables salespersons to easily calculate the most
efficient yields from existing inventory, including scraps, while on the
phone with customers, thereby eliminating extensive hand calculations
and delays in order confirmations. The calculations take into
account such factors as shapes and blade widths.
The SYSPRO Materials
Yield System is specifically designed for suppliers, such as Tri-Star,
that sell custom cut materials. Rather than purchasing standard
size items, customers can order materials that are cut to specific
measurements. However, custom cutting typically leads to the
creation of remnants during the cutting process. Many suppliers
consider these remnants "waste," since they cannot justify the
time and effort necessary to physically measure, value and assign
inventory numbers for their return to stock.
Custom cut orders
require suppliers to determine how the cuts can best be made from
standard size sheets, rods and tubes in order to maximize yields and
minimize scraps. Blade widths must also be considered. Prior
to the SYSPRO MYS, this procedure required significant labor time to
gauge: if the order could be filled from existing inventory, if
additional materials had to be secured from another branch's inventory,
made or purchased in order to satisfy the order, how to make the
required cuts to maximize yields and how to allow for blade
widths.
In other words,
numerous calculations and decisions were necessary to determine how to
best fill orders in the most expeditious and cost-effective
manner. The Materials Yield System automates this process, greatly
saving time and eliminating costly miscalculations that can adversely
affect profitability. Furthermore, when the system places remnants
back into inventory, it automatically creates new inventory codes and
updates the cost of goods sold on that line item. Remnants
returned to stock can be put back at zero cost or have a value placed
according to needs.
The Materials Yield
System produces savings in numerous ways. Waste is significantly
reduced with remnants returned to stock. Remnants can become
first-line inventory from which new orders are calculated. With
the system's ability to make yield calculations automatically, the
training time for new employees is minimized and sales professionals can
devote more time to selling. Resources spent on mismanaging
remnants are also greatly minimized.
SYSPRO is a world
leader in providing manufacturing, distribution and financial accounting
software solutions with thousands of installations in more than 50
countries. SYSPRO is one of the world's most honored software
companies.
Recent milestones
include:
-
Premier K2 Quality
Award for "Installation Channel/Methodology" for the
SYSPRO Stars Implementation Methodology
-
Voted Number 1 in
2002 Middle Market ERP Software Survey conducted by Accounting
Research
-
Recipient of Start
Magazine's First Annual Vision Award (2001) and "Hottest
Company" designation for 3 years
-
Finalist for
Developer of the Year (2002) by Software Council of Southern
California
-
Ranked among
World's Top Software Companies by MSI Magazine, Managing Automation
Magazine, Logistics Management Magazine and Software Magazine
-
Given highest
ratings in Accounting and Manufacturing Software Reviews by CPA
Software News for 10 consecutive years
SYSPRO software is
marketed worldwide through offices in the US, Canada, Africa, Australia
and the UK. SYSPRO headquarters for the Americas are located in
Costa Mesa, CA, from which the company markets SYSPRO supply chain
software to established and emerging companies in the US, Mexico,
Central America, South America and the Caribbean.
Tri-Star Plastics
Corp., headquartered in Shrewsbury, MA, is a world-class supplier
of innovative plastic applications. With facilities nationwide,
Tri-Star is a complete plastics source, providing stock shapes,
self-lubricating plane bearings and custom machine components.
back
to SYSPRO
