STOCKHOLM, Sweden, Nov. 26, 2003 (PRIMEZONE) -- IBS has received the Supply-Chain Council European Award for "Development Excellence" for developing and launching IBS Business Intelligence -- a stand-alone software product for managing and analysing enterprise and supply chain performance based on the SCOR model. The award was delivered to IBS recently at the European Supply Chain World Conference in Dusseldorf.
"There is a strong demand for this type of software," commented Magnus Wastenson, CEO at IBS. "As far as I know, IBS is the first software vendor to fully integrate and utilise the SCOR model in this type of business application. It enables our customers to get an efficient and coherent measurement and benchmarking across their whole supply chain, regardless of which ERP or supply chain software used."
The Supply-Chain Council is a global organisation, aiming at improving the supply chain efficiency of its practitioner members. The SCOR (Supply Chain Operations Reference) model is designed to improve users' efficiency and productivity by offering uniform definitions and an international reference database for supply chain performance. The model is organised around management processes, such as Plan, Source, Make, Deliver and Return, and has a proven track record of significant process optimisation and cost reduction. The SCOR model is widely used by large international corporations in industries where supply chain management is crucial.
"For a number of years, IBS has developed strong solutions for supply chain management. The latest software from IBS, Business Intelligence, is an advanced business performance tool that benefits our members and other users of ERP-solutions based on the SCOR model", comments Jo Vegheim, MD of the European Supply-Chain Council.
For further details, please contact:
Mark Cockings, John Womack, Global Business Development Director, Director Corporate IBS AB Communications, IBS AB Tel: +46 (0)8 627 2460 Tel. +46 (0)8 627 2401 Mobile: +46 (0)70 2460 Mobile: +46 (0)70 188 5017 mark.cockings@ibs.se john.womack@ibs.se
IBS, International Business Systems, is a leading provider of businesssoftware for supply chain management, business intelligence, financialcontrol, and demand-driven manufacturing. IBS' primary focus is mid-sized and large wholesale distributors as well as sales andmanufacturing companies in international groups, especially inpharmaceuticals, electronic parts and equipment, automotive parts andsupplies, machinery, industrial supplies and consumer durables. For moreinformation, please visit www.ibs.net
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