Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

New Strategic Partnership: APICS Introduces Enterprise Accessibility To Global Supply Chain Framework Through Software AG

SIEGY

New Strategic Partnership: APICS Introduces Enterprise Accessibility To Global Supply Chain Framework Through Software AG

New exclusive global partnership optimizes supply chain processes to lower organizational costs and boost customer satisfaction

Today APICS, the premier professional association for supply chain management, announced a strategic partnership with Software AG (Frankfurt TecDAX: SOW) to incorporate APICS’s Supply Chain Operations Reference (SCOR) model and other frameworks into Software AG’s process analysis solution, ARIS, – part of the company’s Digital Business Platform. The exclusive collaboration will enable organizations to analyze their global supply chain operations using SCOR, the world’s leading supply chain framework, and easily take action on recommendations, using the ARIS platform as the underlying technology. It also gives enterprise access to process-level benchmarking and performance management tools, and process-based supply chain talent development opportunities.

Peter Bolstorff, executive vice president, APICS said: “As supply chains continue to become increasingly complex, businesses need meaningful insights into the dynamics of business processes, supply chain management systems, and systemic knowledge development. Furthermore, once inefficiencies are identified, they need access to tools that make refining those business processes possible. By incorporating SCOR’s global framework into the ARIS Business Process Analysis platform, businesses can easily measure, manage, and make improvements to their global supply chain performance using the SCOR framework.”

A core part of Software AG’s Digital Business Platform, ARIS Business Process Analysis (BPA) Platform documents, analyzes and optimizes processes to achieve business process excellence across departments, disciplines, systems and geographies. The platform leverages existing IT investments to lower total costs while offering integrated products to speed implementation. The SCOR framework links business processes, performance metrics, practices and people skills into a unified structure.

The Software AG and APICS SCOR framework enables organizations to:

  • Increase supply chain flexibility to enable informed reactions to changing conditions, business models, and customer requirements
  • Reduce the time to design and implement new supply chain processes by building on existing best-practice processes from the SCOR model
  • Improve the performance of supply chains by analyzing and simulating processes to remove bottlenecks, and identify and remove inefficiencies and duplication
  • Enhance process and IT quality through better definition of processes, avoidance of system breaks and better communication

Sean Riley, global industry director, manufacturing, supply chain and logistics, Software AG noted: “We have seen many positive effects that the partnership between Software AG and APICS has on customers around the world – for instance, some have reduced inventory by up to 30 percent. Our Digital Business Platform is a critical enabler for this partnership and we’re proud to offer it to APICS Supply Chain Council affiliates. Both organizations are at the forefront of innovation and leadership in the supply chain industry and we can’t be more proud to combine forces with APICS to offer the most comprehensive solution on the market.”

Bolstorff added: “With more than 45 years of technology leadership, Software AG is held to high industry standards, much like APICS. Our partnership is one of the many ways APICS continues to deliver unmatched industry resources and offerings to our affiliates, sponsors and the industry at large.”

About APICS

APICS is the premier professional association for supply chain management and the leading provider of research, education and certification programs that elevate supply chain excellence, innovation and resilience. APICS Certified in Production and Inventory Management (CPIM), APICS Certified Supply Chain Professional (CSCP), APICS Certified in Logistics, Transportation, and Distribution (CLTD) and APICS Supply Chain Operations Reference Professional (SCOR-P) designations set the industry standard. With over 45,000 members and more than 300 channel partners, APICS is transforming the way people do business, drive growth and reach global customers. For more information, visit apics.org.

About APICS Supply Chain Council

APICS Supply Chain Council (APICS SCC) is a nonprofit organization that advances supply chains through unbiased research, benchmarking and publications. APICS SCC maintains the Supply Chain Operations Reference (SCOR) model, the supply chain management community’s most widely accepted framework for evaluating and comparing supply chain activities and performance. APICS SCC enables corporations, academic institutions and public sector organizations to address the ever-changing challenges of managing a global supply chain to elevate supply chain performance. APICS SCC is part of APICS, the premier professional association for supply chain management. Visit apicsscc.org to learn more.

About Software AG

Software AG empowers customers to innovate, differentiate and win in the digital world. Its products help companies combine existing systems on-premise and in the cloud into a single platform to optimize and digitize their businesses. The combination of process management, data integration and real-time analytics in one Digital Business Platform enables customers to drive operational efficiency, modernize their systems and optimize processes for smarter decision-making. Building on over 45 years of customer-centric innovation, Software AG is ranked a leader in many innovative IT categories. Software AG has more than 4,300 employees in 70 countries and had total revenues of €873 million in 2015. Learn more at www.softwareag.com

Software AG, 11700 Plaza America Drive, Reston, VA, 20190

Detailed press information about Software AG including a picture and multimedia database are available under: www.softwareag.com/press

Follow us on Twitter: Software AG Global

Media contacts:
Software AG
John Stewart
+1 978-289-3185
John.Stewart@softwareag.com
Twitter: @johncorpcomms
or
LEWIS for Software AG – North America
Zachary Berger
+1 781-761-4500
SoftwareAGUS@teamlewis.com
or
INK Public Relations for APICS
Kris Johnston
512-964-0398
kris@ink-pr.com