Apexon Releases Apexon3: Supplier Relationship Management Redefined for Manufacturing Plants and Suppliers.Business Editors/High-Tech Writers SAN JOSE San Jose, city, United States San Jose (sănəzā`, săn hōzā`), city (1990 pop. 782,248), seat of Santa Clara co., W central Calif.; founded 1777, inc. 1850. , Calif.--(BUSINESS WIRE)--Oct. 7, 2002 Apexon3 Delivers an Integrated Solution Suite Spanning Supplier Quality, Execution and Performance Management Apexon, Inc. today announced the launch of Apexon3, the only integrated operational Supplier Relationship Management (SRM (1) (Storage Resource Management) The management of the storage resources in an organization in order to avoid duplication of files and to determine space utilization across all servers. ) suite spanning the critical functions of quality and execution coupled with real-time performance management. Apexon3 automates closed-loop business processes between manufacturing plants and their suppliers, and includes the following product lines: Apexon Quality, Apexon Execution and Apexon Performance. Apexon3 delivers significant bottom-line results by driving measurable improvements in total supplier costs, inventory and supplier response times. "The current economic climate is driving interest in increasing the value that suppliers provide to the organization," said David Hope-Ross of Gartner. "Increasing supplier value transcends price reduction, requiring organizations to take a cross discipline, multi-enterprise approach to increase operational efficiency, flexibility, and quality." Proven at Honeywell "Honeywell-Garrett Engine Boosting Systems' suppliers use Apexon3 daily because there is significant value for them to be part of our quality and supply chain processes on-line," said Jerry Rockstroh, Vice President Worldwide Supply Management at Honeywell Garrett. "These suppliers are located in more than ten countries and will represent in excess of 80% of our direct material spend worldwide upon final roll-out. Apexon3 enables us to standardize stan·dard·ize v. 1. To cause to conform to a standard. 2. To evaluate by comparing with a standard. our business processes across operations and suppliers and allows suppliers to see inventory, orders and other information, and collaborate on a real-time basis." About Apexon3 Apexon Execution manages the fulfillment ful·fill also ful·fil tr.v. ful·filled, ful·fill·ing, ful·fills also ful·fils 1. To bring into actuality; effect: fulfilled their promises. 2. processes with suppliers across multiple replenishment replenishment the addition of an appropriate quantity of properly prepared solution containing the correct concentration of chemicals to the developer solutions used in radiography. modes, effectively reducing inventory and mitigating risk of line shut down. Apexon3 includes new functionality in Vendor Managed Inventory Vendor Managed Inventory (VMI) is a family of business models in which the buyer of a product provides certain information to a supplier of that product and the supplier takes full responsibility for maintaining an agreed inventory of the material, usually at the buyer's with adaptive inventory target management and Advanced Shipping Notification with integrated shipment planning and in-transit inventory management and reporting. Apexon Quality provides rapid response to supplier quality issues and automated compliance with QS-9000 and Six-Sigma quality initiatives. Apexon3 offers new capabilities in Corrective Action A corrective action is a change implemented to address a weakness identified in a management system. Normally corrective actions are instigated in response to a customer complaint, abnormal levels if internal nonconformity, nonconformities identified during an internal audit or to identify and resolve the root cause of supplier quality problems and Cost Recovery to link financial recovery to material non-conformances. Apexon Performance provides an integrated solution for monitoring and evaluating performance across the entire supplier relationship. Apexon3 now offers industry specific pre-configured supplier scorecards that are tightly integrated with the Apexon Execution and Apexon Quality product lines. Apexon3 Architecture The foundation of the Apexon3 SRM suite is the Apexon Asynchronous Refers to events that are not synchronized, or coordinated, in time. The following are considered asynchronous operations. The interval between transmitting A and B is not the same as between B and C. The ability to initiate a transmission at either end. Response engine, a pure Internet architecture designed to provide the performance, scalability and access control required by large global enterprises. Built purely on open industry standards 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 Java, the Apexon Asynchronous Response engine allows rapid development of bi-directional integration with existing IT systems while enabling closed-loop processes across enterprises. "Our customers face major challenges managing thousands of transactions a day across multiple worldwide plants and suppliers," said David Rosenberg, Apexon Vice President of Engineering. "We designed a truly unique architecture based on persistent business objects and asynchronous reliable messaging to handle large-scale data flows in a highly distributed, cross-firewall environment. The Apexon3 architecture has been proven in production at customers with thousands of users and suppliers on a global basis." About Apexon Apexon, Inc. is a leading provider of operational Supplier Relationship Management (SRM) solutions that manage the day-to-day business processes between manufacturing plants and their suppliers. Its Apexon3 SRM suite enables manufacturers to synchronize See synchronization. the efforts of their global supply base to drive down total supplier costs, reduce inventories and improve supplier response times. Apexon is privately held with investments from Accel Partners, Foundation Capital, Menlo Ventures, Rolling Thunder Rolling Thunder Inc., established in 1987, is a veterans advocacy organization that works for the return of prisoners of war and missing in action from all of the conflicts of the United States. Network and David A. Stamm, co-founder and former CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Clarify, Inc. The company is based in San Jose, Calif. and can be reached via the Internet at www.apexon.com or by calling 408/573-2500. Apexon and the Apexon logo are registered trademarks of Apexon. Other product or service names mentioned herein are the trademarks of their respective owners. |
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