QAD DynaSys, a leading provider of digital supply chain planning
solutions, announced today that Huhtamaki Flexible Packaging
Europe, part of the Huhtamaki Group, a key global provider of
sustainable packaging solutions for consumers around the world, has
selected the QAD DynaSys DSCP (Digital Supply Chain Planning)
solution, including demand planning and production planning
capabilities, to support S&OP (Sales & Operations Planning)
and improve end-to-end supply chain visibility. QAD DynaSys is a
division of QAD Inc. (Nasdaq: QADA) (Nasdaq: QADB).
"We are updating our S&OP tools to help us make and execute
decisions that are best for our organization," said Huhtamaki
Flexible Packaging Europe Business Process Manager Andreas Kropp.
"The implementation of a robust, flexible and modern digital supply
chain planning solution will allow us to orchestrate our S&OP
process, improve forecast accuracy, optimize supply planning and
improve end-to-end supply chain visibility.”
Packaging plays a significant role in securing hygiene, food
availability and food safety for consumers around the globe.
Huhtamaki’s ambition is to become the first choice in sustainable
packaging solutions, and the company embeds sustainability into
everything it does to achieve carbon-neutral production. It designs
all of its products to be recyclable, compostable or reusable by
2030. With 100 years of history and a strong Nordic heritage,
Huhtamaki operates in 36 countries and at 81 sites around the
world. The company has 18,100 employees working to deliver smart,
next-generation packaging. Huhtamaki net sales in 2020 were €3.3
billion.
Improve End-to-end Supply Chain Visibility
Huhtamaki Flexible Packaging Europe realized that to further
improve its competitiveness, it needed to make its supply chain
more agile and collaborative. In late 2020, the business launched a
review that included many of the market's prominent software
vendors. In 2021, it selected QAD DynaSys' cloud-based demand
planning and production planning solutions.
“The goal of this project is to improve our demand plan by
introducing statistical and collaborative forecast processes in
order to generate and enhance the sales forecast,” added Kropp.
“The demand plan will incorporate relevant business intelligence
from the commercial team as well as customer vendor-managed
inventory (VMI) forecasts to deliver an agreed-on, long-term plan
that is used as the MRP input to drive upstream supply planning
activities. At the end of the day, we will visualize demand and
supply balancing and make informed and intelligent decisions during
our S&OP meetings.”
Huhtamaki Flexible Packaging Europe selected QAD DynaSys to
improve the end-to-end visibility of its supply chain. It chose the
QAD DynaSys solution for several specific reasons including:
- Its comprehensive, integrated and collaborative end-to-end
digital supply chain planning features
- Its ability to support S&OP execution and
decision-making
- Its easy-to-use and modern Adaptive User Experience (UX)
- Cloud delivery matches the company's business strategy
- The extensive expertise of the QAD DynaSys project team
- QAD DynaSys’ ability to support Huhtamaki business in the
future
"We are pleased to welcome Huhtamaki 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 global packaging companies like
Huhtamaki. We are delighted to help them build the future of their
supply chain with confidence and sustainability."
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.
About Huhtamaki
Huhtamaki is a key global provider of sustainable packaging
solutions for consumers around the world, enabling wellbeing and
convenience. Our innovative products protect on-the-go and
on-the-shelf food and beverages, ensuring hygiene and safety, and
help prevent food waste. We embed sustainability in everything we
do. We are committed to achieving carbon-neutral production and
designing all our products to be recyclable, compostable or
reusable by 2030.
We are a participant in the UN Global Compact and as of 2020, we
received an MSCI ESG Rating of A, on a scale of AAA ─ CCC. To play
our part in managing climate change, we have committed to set
science-based targets through the Science Based Targets initiative.
Huhtamaki has been awarded the Gold medal by EcoVadis for
performance in sustainability.
With 100 years of history and a strong Nordic heritage we
operate in 36 countries and 82 sites around the world. Our values
Care Dare Deliver guide our decisions and help our team of 18,100
employees make a difference where it matters. Our 2020 net sales
totaled EUR 3.3 billion. Huhtamaki Group is headquartered in Espoo,
Finland and our parent company, Huhtamäki Oyj, is listed on Nasdaq
Helsinki Ltd. Find out more about how we are protecting food,
people and the planet on www.huhtamaki.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.
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version on businesswire.com: https://www.businesswire.com/news/home/20210831005259/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 or Evan Quinn Analyst Relations
617-869-7335 industryanalyst@qad.com
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