Precision Software Helps Jabil after Market Services Save $1.8 Million Annually with Global Shipping Solution : Electronics Company Creates Scalable and Centralized System to Drive Continued Growth

Share Article

Precision Software, a leading provider of supply chain execution software for importers, exporters, domestic shippers, transportation providers and business services companies, and a division of QAD Inc. (Nasdaq: QADI), announced today that Jabil After-Market Services (AMS) has successfully deployed the PRECISION Parcel Shipping solution to manage its global shipping requirements. Jabil AMS is a division of Jabil Inc, which provides electronic design, manufacturing and repair services to original equipment manufacturers (OEMs). Since implementing the PRECISION solution, Jabil AMS has seen a significant reduction in the processing time per shipment, enabling them to control costs during high growth and resulting in a go-forward annual savings of $1.8 million in shipment processing costs.

The ability to streamline processes and transition employees into more value-added activities by implementing this solution has helped Jabil AMS controls costs in the unpredictable logistics environment.

Jabil AMS was faced with the challenge of becoming more responsive, adaptive and accountable to their OEM customers' needs to ship to end consumers around the world via a variety of small parcel carriers. They needed a single, global transportation system that could flexibly support their growing domestic and international business while keeping up with existing and new customer programs.

Jabil chose Precision Software because of the agility and flexibility of PRECISION Parcel Shipping, which allowed for the solution to be centrally located, globally deployed in a rapid timeframe, and easily integrated with their existing enterprise software and warehouse management solutions. The company saw an almost immediate return on investment when processing time per shipment dropped from 90 seconds on average to 10 seconds per shipment. Additionally as their business grew, the savings have also continued to increase to a current level of approximately $7,000 per day. Jabil has already scaled its use of the Precision parcel solution to support more than 20 customers with over 30,000 packages per day.

"PRECISION Parcel Shipping has allowed Jabil to keep direct labor in the shipping area efficient and lean, while supporting a centralized solution that can be rapidly deployed to take on new customer programs and activity," said Erik Carlson, Senior Director of IT for Jabil AMS. "The ability to streamline processes and transition employees into more value-added activities by implementing this solution has helped Jabil AMS controls costs in the unpredictable logistics environment."

PRECISION Parcel Shipping is part of the PRECISION suite of collaborative supply chain solutions from Precision Software. The suite offers an integrated platform for supply chain visibility, global trade management, transportation management, multi-carrier parcel and desktop shipping and freight forwarding infrastructure, and enables companies to move their goods within their domestic and global logistics operations. Based on a Service Oriented Architecture platform, the PRECISION suite allows for simple integration with existing enterprise resource planning (ERP), warehouse management system (WMS) and legacy systems. The PRECISION suite is valued for its business process driven design and helps companies to reduce costs and order to cash cycles, avoid delays at trans-border crossings, and mitigate risks associated with international trade.

About Precision Software

Established in 1984, Precision Software, a wholly owned subsidiary of QAD Inc develops collaborative global supply chain execution software that allows companies to optimally manage their global trade and transportation from a single platform. Precision Software's integrated suite of logistics and visibility solutions increases supply chain velocity, improves profitability and maximizes control of goods as they move throughout the organization and around the world. The PRECISION solution is system agnostic and its open architecture allows for easy integration with leading Enterprise Resource Planning (ERP), Warehouse Management Systems (WMS) and existing legacy solutions. Precision Software's customers span multiple verticals including life sciences, consumer packaged goods, retail, industrial products, food & beverage, 3rd party logistics providers and freight forwarding. For more information about Precision Software, visit http://www.precisionsoftware.com or email info@precisionsoftware.com.

About QAD

QAD is a leading provider of enterprise applications for global manufacturing companies. 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. Manufacturers of automotive, consumer products, electronics, food and beverage, industrial and life science products use QAD applications at approximately 6,100 licensed sites in more than 90 countries and in as many as 27 languages. For more information about QAD, telephone +1 805 684 6614, or visit the QAD Web site at http://www.qad.com.

"QAD" is a registered trademark of QAD Inc. All other products or company names herein may be trademarks of their respective owners.

Note to Investors:

This press release contains certain forward-looking statements made under the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. A number of risks and uncertainties could cause actual results to differ materially from those in the forward-looking statements. These risks include, but are not limited to, evolving demand for the company's software products and products that operate with the company's products; the company's ability to sustain license and service demand; the company's ability to leverage changes in technology; the company's ability to sustain customer renewal rates at current levels; the publication of opinions by industry and financial analysts about the company, its products and technology; the reliability of estimates of transaction and integration costs and benefits; the entry of new competitors or new offerings by existing competitors and the associated announcement of new products and technological advances by them; delays in localizing the company's products for new or existing markets; the ability to recruit and retain key personnel; delays in sales as a result of lengthy sales cycles; changes in operating expenses, pricing, timing of new product releases, the method of product distribution or product mix; timely and effective integration of newly acquired businesses; general economic conditions; exchange rate fluctuations; and, the global political environment. In addition, revenue and earnings in the enterprise resource planning (ERP) software industry are subject to fluctuations. Software license revenue, in particular, is subject to variability with a significant proportion of revenue earned in the last month of each quarter. Given the high margins associated with license revenue, modest fluctuations can have a substantial impact on net income. Investors should not use any one quarter's results as a benchmark for future performance. For a more detailed description of the risk factors associated with the company and the industries in which it operates, please refer to the company's Annual Report on Form 10-K for fiscal 2008 ended January 31, 2008.

Share article on social media or email:

View article via:

Pdf Print

Contact Author

John Sawyer
QAD Inc.
+1 303-290-7341
Email >
Visit website