Baan Delivers Comprehensive Solution For Heavy Equipment and Project Services Industry Supply Chains.MENLO PARK Menlo Park. 1 Residential city (1990 pop. 28,040), San Mateo co., W Calif.; inc. 1874. Electronic equipment and aerospace products are manufactured in the city. Menlo College and a Stanford Univ. research institute are there. 2 Uninc. , Calif./EDE, The Netherlands--(BUSINESS WIRE)--June 4, 1996--The Baan Company (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :BAANF; Amsterdam Stock Exchange
The Amsterdam Stock Exchange is the former name for the stock exchange based in Amsterdam. :BAAN) today announced a program to provide a comprehensive solution for heavy equipment and project services supply chains. This program includes optimization of the Baan software, new Enterprise Reference Models based on best-in-class practices, industry-focused Solution Centers, and strategic partnerships. The announcement underscores Baan's commitment to delivering product optimized for key vertical markets, including the automotive and electronics industries. Available today, the new offering is based on Baan's many years of experience working with premier international companies in the heavy equipment and project services space, such as ABB n. 1. Among weavers, yarn for the warp. Hence, Noun 1. ABB - an urban hit squad and guerrilla group of the Communist Party in the Philippines; formed in the 1980s , CAP Gemini Sogeti Group, Grontmij Group, Hanjung, Philips, SASIB, The Boeing Company, and Transfield. "Demand for increased visibility into costs, schedules, materials, and resources at every step of the project lifecycle are pushing companies to streamline operations with standard and integrated client/server information systems," said Hans Grunditz, Baan Company vice president of supply chain programs. "BAAN IV's unique capabilities will enable heavy equipment and project services suppliers to control their operations more effectively and adapt easily to changing business conditions." "In the heavy equipment and heavy engineering industries, operations are built around processes which support an engineer-to-order environment. Control at every level is critical to reducing lead-times and improving cash flow," explained Bruce Richardson vice president at Advanced Manufacturing Research, a leading industry analyst. "Based on its history of delivering robust solutions for this market, Baan has a significant jump on the competition in providing unique product capabilities." Enthusiastic Customer Response ABB is a global electrical engineering electrical engineering: see engineering. electrical engineering Branch of engineering concerned with the practical applications of electricity in all its forms, including those of electronics. company with more than 1,300 independent companies operating in 40 countries. In order to adapt to changing market conditions and compete effectively on a global basis, ABB needs information technology solutions that can help optimize its core business by reducing project cycle time and improving quality and customer service. "We are using Baan's software to support our diverse worldwide operations," said Anders Nordin Anders Nordin is a Brazilian drummer (adopted by Swedish parents), best known for his work with seminal progressive death metal band Opeth. Nordin was asked to join Opeth by Mikael Åkerfeldt, having previously played with him in another death metal band, Eruption. , IT vice president of business area transformers at ABB. "Baan's support for `Engineer-to-Order' manufacturing methodologies offers a significant advantage to ABB, enabling each of our companies to tailor its information systems to its particular manufacturing and project requirements." BAAN IV An integrated family of client/server applications from Baan. It included manufacturing, distribution, finance, transportation, service, project and features enterprise modeling via its Orgware modules. Earlier versions of the software were named TRITON. Optimized BAAN IV is the first client/server, enterprise-wide solution optimized to meet the requirements of the heavy equipment and project services market. Baan offers integrated applications for the supply chain to link design, engineering, manufacturing, procurement sales management Sales Management Role and Goal Importance of sales management is critical for any commercial organization. Expanding business in not possible without increasing sales volumes, and effective sales management goal is to organize sales team work in such a manner that ensures a , billing, cost accounting, and progress reporting. In addition, with Orgware, Baan's key differentiator, companies in this segment can rapidly adapt systems to changing organizational structures, business practices, and operational procedures The detailed methods by which headquarters and units carry out their operational tasks. . Baan brings the following unique capabilities to this market: -0- -- Project Requirements Planning (PRP) that integrates planning, scheduling, and procurement activities -- Project estimating and budgeting at any level, with simulation and roll-up capabilities -- Project change management to track changes to costing, billing, schedules, and resources -- Project billing; including advance payments, progress payments, milestone payments, cost-plus contracts, contract extensions, and date-driven payments -- Multi-dimensional project control that links schedules and costs in various dimensions across different work and cost-breakdown structures-0- Additionally, BAAN IV's hybrid manufacturing capabilities support engineer-to-order, make-to-order, assemble-to-order, and make-to-stock operations within one system. Enterprise Reference Models: Developed as a component of Baan's Orgware solution, reference models provide "templates" of business processes for specific industries. These customizable models speed implementation by providing a starting point Noun 1. starting point - earliest limiting point terminus a quo commencement, get-go, offset, outset, showtime, starting time, beginning, start, kickoff, first - the time at which something is supposed to begin; "they got an early start"; "she knew from the for quickly mapping Baan applications to a business. Available now is the heavy equipment industry reference model (Engineer to Order), co-developed with Ernst & Young LLP LLP - Lower Layer Protocol . The project services industry reference model, co-developed with CAP Gemini, will be available later this year, as will the model for the engineer-procure-construct (EPC (1) (Entertainment PC) See HTPC. (2) (Electronic Product Code) A standard code for RFID tags administered by EPCglobal Inc. (www.epcglobalinc.org). ) market segment. Industry Expertise: Central to Baan's commitment to customers within these supply chains is the establishment of Solution Centers. Located in Toronto, Canada; Reston, Va.; Sydney, Australia; and Barneveld, The Netherlands, the Centers are staffed by Baan support personnel and Solution Partners with expertise in these markets. In addition to supporting customers, these experts will help incorporate new functionality into the software. Industry Partners: Baan also announced today partnerships with software vendors to provide a complete solution set for the industry. Baan will build a standard interface to exchange project information between BAAN IV and project management applications from suppliers such as Primavera pri·ma·ve·ra 1 or pri·ma ve·ra n. 1. A tree (Cybistax donnellsmithii) of Mexico and Guatemala, having opposite, palmately compound leaves, yellow flowers, and close-grained, light-colored wood. 2. Systems Inc. and Welcom Software Technology. Baan has also developed an interface for Manta, a product data management (PDM (1) (Product Data Management) An information system used to manage the data for a product as it passes from engineering to manufacturing. The data includes plans, geometric models, CAD drawings, images, NC programs as well as all related project data, notes and ) application from B.A. Intelligence Networks Ltd. This interface enables customers to manage the entire project lifecycle of engineering data. Additionally, BAAN IV's integration with Berclain's MOOPI scheduling and synchronization software will help customers manage critical resources at the plant level. About The Baan Company The Baan Company is a leading provider of enterprise-wide business software applications and consulting services. The company offers the Baan family of integrated, open-systems based applications and tools developed for the client/server architecture. The foundation for the products is Orgware, a suite of tools and methodologies which reduce the time and costs of implementation and continuous improvement. With Orgware, Baan is enabling a new paradigm New Paradigm In the investing world, a totally new way of doing things that has a huge effect on business. Notes: The word "paradigm" is defined as a pattern or model, and it has been used in science to refer to a theoretical framework. called Dynamic Enterprise Modeling Dynamic Enterprise Modeling is the approach the Baan company uses for the Baan Enterprise Resource Planning system to align and implement it in the organizational architecture of the end-using company. , which delivers a framework for insuring that enterprise applications are in close alignment with changing processes and business models. The Baan Company, founded in 1978, has more than 1,750 employees, 1,700 customers, and 1,900 installations world-wide. Customers include global industry leaders such as ABB, The Boeing Company, GEC GEC Gaseous Electronics Conference GEC Gigabit EtherChannel GEC Geriatric Education Center (US government; HRSA) GEC General Electric Co. GEC Google Earth Community (online community) Alsthom, NORTEL, and Philips. CONTACT: The Baan Company Annette Shimada or Doug Sallen, 415/462-4949 World Wide Web: http://www.baan.com. or Copithorne & Bellows Heather Staples or Alissa Bushnell, 415/284-5200 |
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