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Alcoa Selects Nexiant(TM) for MRO Inventory Management.


-- Nexiant Adds Another Fortune 500 Company to its Growing List of MRO MRO

In currencies, this is the abbreviation for the Mauritanian Ouguiya.

Notes:
The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion.
 Inventory Management Customers --

IRVINE, Calif. -- Nexiant, a leading provider of MRO inventory management solutions for the industrial market, today announced that Alcoa, the world's leading producer of primary aluminum, fabricated aluminum, and alumina has selected Nexiant's Smart Inventory Manager (SIM) and Nexiant Secure point-of-use (POU POU Point Of Use
POU Program Organization Unit
POU Poughkeepsie, NY, USA - Dutchess County (Airport Code)
POU Pay Own Utilities (used in housing advertisements)
POU Petrick Outsourcing Unlimited, Inc.
) technology to improve MRO management as a key component of Six Sigma Not to be confused with Sigma 6.
Six Sigma is a set of practices originally developed by Motorola to systematically improve processes by eliminating defects.[1] A defect is defined as nonconformity of a product or service to its specifications.
 and Lean Manufacturing Lean manufacturing is the production of goods using less of everything compared to mass production: less human effort, less manufacturing space, less investment in tools, and less engineering time to develop a new product.  initiatives at its Lebanon, Virginia facility.

"Nexiant is proud to see another leading Fortune 500 company like Alcoa implementing our MRO inventory management solutions," said Anton Visser, chief executive officer of Nexiant. "We are confident that Alcoa will achieve significant improvements at its Lebanon facility through automating its MRO inventory management, controlling consumption and having readily available materials for employees."

Alcoa serves the aerospace, automotive, packaging, building and construction, commercial transportation, and industrial markets, bringing design, engineering, production, and other capabilities of Alcoa's businesses as a single solution to customers. Alcoa has upgraded its existing POU system to Nexiant Smart Inventory Solutions at its Lebanon, Virginia operations facility.

Nexiant Smart Inventory Solutions combine software and hardware to provide enterprise-wide MRO management and reporting capabilities, improve control and access of MRO materials, increase productivity and reduce administrative and inventory costs. The technology can be integrated into a company's ERP (Enterprise Resource Planning) An integrated information system that serves all departments within an enterprise. Evolving out of the manufacturing industry, ERP implies the use of packaged software rather than proprietary software written by or for one customer.  and financial systems using common interfaces such as XML XML
 in full Extensible Markup Language.

Markup language developed to be a simplified and more structural version of SGML. It incorporates features of HTML (e.g., hypertext linking), but is designed to overcome some of HTML's limitations.
 and EDI (Electronic Data Interchange) The electronic communication of business transactions, such as orders, confirmations and invoices, between organizations. Third parties provide EDI services that enable organizations with different equipment to connect. .

Nexiant Secure POU technology enforces corporate access control policies, combines carousel and locker modules to provide flexible configuration options for single-item dispensing and ensures the right MRO materials are in the right place at the right time. SIM collects, analyzes and formats transactional data to automate customer-generated reordering re·or·der  
v. re·or·dered, re·or·der·ing, re·or·ders

v.tr.
1. To order (the same goods) again.

2. To straighten out or put in order again.

3. To rearrange.

v.
, improves inventory visibility and provides analysis and automation tools to improve operational efficiencies enterprise.

About Nexiant

Established in 1999 as DispenseSource, Nexiant is a leading provider of MRO solutions leveraging technology and best practices. Nexiant solutions manage MRO and indirect materials to reduce costs, improve asset utilization and increase productivity, ensuring the right materials are in the right place at the right time. Nexiant has established a strong installed base in many Fortune 500 companies throughout the United States, Canada and Mexico. www.Nexiant.com
COPYRIGHT 2006 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2006, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Nov 7, 2006
Words:364
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