QAD DynaSys, a leading provider of digital supply chain planning
solutions, announced today that CERP Rhin Rhône Méditerranée, a
French leader in pharmaceutical distribution, has selected the QAD
DynaSys Retail Planning solution including demand planning,
distribution planning, procurement planning, and advanced analytics
capabilities to optimize its supply chain. QAD DynaSys is a
division of QAD Inc. (Nasdaq: QADA) (Nasdaq: QADB).
"We are in a permanent quest for continuous improvement of our
processes. Acquiring an APS (Advanced Planning Systems) solution
for our supplies and forecasts is fully in line with our approach,"
said Céline Querry, procurement manager at CERP Rhin Rhône
Méditerranée. "In addition, our market's globalization,
relocalization of production and variations in demand made the
pharmaceutical supply chain more complex. In this context, we
decided to structure our planning process, including sales
forecasting, supply planning and inventory optimization. After
undergoing a review process that included several prominent
advanced planning systems providers, we selected QAD DynaSys."
Created in 1921 by a group of pharmacists, CERP Rhin Rhône
Méditerranée is a leader in the pharmaceutical distribution
industry, and works closely with pharmacies and dispensaries in
France. It is a public limited company whose customers are also
shareholders and directors. It has an annual revenue of 2.125€
billion and employs 1,700 people throughout 25 different sites.
From a specific solution to an agile supply chain
CERP Rhin Rhône Méditerranée realized that to compete in the
face of the historic disruption affecting the pharmaceutical
market, it needed to make its supply chain more collaborative and
flexible. At the beginning of 2019, CERP Rhin Rhône Méditerranée
launched a call for tender, focusing on the market's prominent
software vendors. In 2020, it selected QAD DynaSys' cloud-based
retail planning solution. QAD DynaSys Retail Planning includes the
DynaSys Demand Planning, Distribution Planning, Procurement
Planning and Advanced Analytics solutions.
"We are an essential intermediary between laboratories, which
have their own priorities and supply problems, including the
globalization in the supply of active ingredients, and pharmacists
who must serve a wide range of public health concerns," said Marc
Hoeschen, director of logistics at CERP Rhin Rhône Méditerranée.
"We also have a legal duty to deliver prescription medicine within
24 hours, or guarantee 15 days of available inventory of sales in
our distribution area. We must anticipate difficulties that may
occur on one side of the supply chain and balance that with the
needs of those on the other side, while taking into account our
costs. To accomplish all this, we must have the most agile and
reliable supply chain possible."
CERP Rhin Rhône Méditerranée selected QAD DynaSys to improve
customer service and satisfaction levels while optimizing its
costs. It chose the QAD DynaSys solution for several specific
reasons including:
- The comprehensive nature of the QAD DynaSys end-to-end digital
supply chain planning solution
- QAD DynaSys' leading-edge technology
- The solution's easy-to-use Adaptive User Experience (UX)
- QAD DynaSys' robust and evolving use of machine learning within
its supply chain solutions
- Hosting the solution in the cloud matches the company's
business strategy
- The deep expertise of the QAD DynaSys project team and QAD
DynaSys’ ability to support CERP Rhin Rhône Méditerranée’s business
in the future
- The financial stability of QAD and its continuous investment in
research and development
"The choice of QAD DynaSys and its cloud-based solution is fully
aligned with our quest for continuous improvement," said Hoeschen.
"Customer satisfaction is our only objective. Our commitment to
pharmacists, who are also shareholders and administrators of the
company, is unwavering. We owe them the best. It is a fraternal and
common vision that makes up the DNA of our organization."
"We are pleased to welcome CERP Rhin Rhône Méditerranée into the
growing QAD DynaSys community," said QAD DynaSys President Ariel
Weil. "We know that our end-to-end digital supply chain planning
solutions can support the challenges faced by life sciences
companies like CERP Rhin Rhône Méditerranée. Our team of experts is
ready to implement the solution, and customize it to their business
activities and information technology environment. We are delighted
to help them build the future of their supply chain with confidence
and sustainability."
About CERP Rhin Rhône Méditerranée
- One of the leading pharmaceutical wholesalers and distributors
in the French market with an 11.5% market share
- A leader in its geographic sector with a 32.15% market
share
- 24 sites to support daily deliveries to pharmacies
- Over 4,000 customers (pharmacies)
- 1,700 reactive employees to serve them
Learn more: www.cerp-rrm.com/
About QAD DynaSys – Digital Supply Chain Planning
Solutions
QAD DynaSys, a division of QAD Inc. (Nasdaq: QADA) (Nasdaq:
QADB), provides Digital Supply Chain Planning solutions. With 35
years of experience, QAD DynaSys provides an integrated and
collaborative planning solution that allows businesses to optimize
their supply chains, including sales and operations planning,
demand planning, network and inventory and business resources
optimizations. QAD DynaSys software enables customers and partners
in the food and beverage, consumer packaged goods, life sciences,
apparel, luxury, high tech, automotive, distribution and retail
verticals to meet their goals of better managing Demand and Supply
Chain Planning, and building the future of their supply chain.
For more information about QAD DynaSys, visit www.dys.com or
email contact@dys.com.
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, including,
but not limited to, statements regarding projections of revenue,
income and loss, capital expenditures, plans and objectives of
management regarding the company's business, future economic
performance or any of the assumptions underlying or relating to any
of the foregoing. Forward-looking statements are based on the
company's current expectations. Words such as "expects,"
"believes," "anticipates," "could," "will likely result,"
"estimates," "intends," "may," "projects," "should," "would,"
"might," "plan" and variations of these words and similar
expressions are intended to identify these forward-looking
statements. 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: risks
associated with our cloud service offerings, such as defects and
disruptions in our services, our ability to properly manage our
cloud service offerings, our reliance on third-party hosting and
other service providers, and our exposure to liability and loss
from security breaches; demand for the company's products,
including cloud service, licenses, services and maintenance;
pressure to make concessions on our pricing and changes in our
pricing models; protection of our intellectual property; dependence
on third-party suppliers and other third-party relationships, such
as sales, services and marketing channels; changes in our revenue,
earnings, operating expenses and margins; the reliability of our
financial forecasts and estimates of the costs and benefits of
transactions; the ability to leverage changes in technology;
defects in our software products and services; third-party opinions
about the company; competition in our industry; the ability to
recruit and retain key personnel; delays in sales; timely and
effective integration of newly acquired businesses; economic
conditions in our vertical markets and worldwide; exchange rate
fluctuations; and the global political environment. For a more
detailed description of the risk factors associated with the
company and factors that may affect our forward-looking statements,
please refer to the company's latest Annual Report on Form 10-K
and, in particular, the section entitled "Risk Factors" therein,
and in other periodic reports the company files with the Securities
and Exchange Commission thereafter. Management does not undertake
to update these forward-looking statements except as required by
law.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20201202005120/en/
QAD DynaSys Arnaud Hédoux Marketing Director +33 (0)3 88 19 14
14 contact@dys.com
QAD Inc. Scott Matulis Public Relations 818-451-8918
publicrelations@qad.com
Evan Quinn Analyst Relations 617-869-7335
industryanalyst@qad.com
QAD (NASDAQ:QADA)
Historical Stock Chart
From Sep 2024 to Oct 2024
QAD (NASDAQ:QADA)
Historical Stock Chart
From Oct 2023 to Oct 2024