QualityStocks would like to highlight QAD Inc. (OTCBB: QADA). QAD is a leading provider of enterprise applications for global manufacturing companies specializing in automotive, consumer products, electronics, food and beverage, industrial and life science products. QAD applications provide critical functionality for managing manufacturing resources and operations within and beyond the enterprise, enabling global manufacturers to collaborate with their customers, suppliers and partners to make and deliver the right product, at the right cost and at the right time.
In the company’s news yesterday,
QAD Inc. announced that German-Korean-owned Pearl Stream, an electronic components manufacturer, has implemented QAD Enterprise Applications as part of the recent roll-out of its new plant in Poland.
Founded earlier this year, Pearl Stream’s plant began production in April, manufacturing more than 10,000 electronics components per day, for use in televisions, home appliances and the automotive market.
Pearl Stream began implementing QAD Enterprise Applications to support its aggressive production targets as part of its two-phased deployment strategy. The company said it chose QAD’s system for its scalability, rapid deployment capabilities and strong manufacturing focus.
“We had only four months to build a factory and start production. Selecting the right ERP provider was critical to minimizing our risk and maximizing our workflow, quickly,” Krzysztof Jarzyna, plant manager at Pearl Stream stated in the press release. “QAD Enterprise Applications meets our expectations perfectly. It is a transparent and easy-to-use system. We are convinced it will contribute to the success and further development of our company.”
The first phase of Pearl Stream’s two-phased deployment strategy utilized QAD modules as a means to support its business and management processes, as well as for purchasing, finance, inventory management and distribution.
Phase two of the strategy was completed in mid-July 2011 with the deployment of QAD Manufacturing. Pearl Stream says it is now properly positioned to increase production.
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