Calderon Textiles Selects PeopleSoft Enterprise Applications; Industry-Leading Solution Enables Strategic Selling and Supplier Management.Business Editors/High-Tech Writers PLEASANTON, Calif.--(BUSINESS WIRE)--Aug. 27, 2003 PeopleSoft Inc. (Nasdaq:PSFT PSFT PeopleSoft (stock symbol) PSFT Progressive Saturation Fourier Transform PSFT Prosoft-Technology, Inc ) today announced that Calderon Textiles selected its industry-leading 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. ), Customer Relationship Management (CRM (Customer Relationship Management) An integrated information system that is used to plan, schedule and control the presales and postsales activities in an organization. ) and Financial Management products in the second quarter. The PeopleSoft solution will enable Calderon Textiles to gain real-time visibility into product demand and inventory levels. As a result, sales professionals can provide up-to-date product availability and the company can minimize supply costs. Calderon Textiles is a leading distributor of quality linens Linens are fabric household goods, such as pillowcases and towels. Originally, many, such as bed sheets and tablecloths, were made of linen. Today, the term "linen" has come to be applied to all related products even though most are made of cotton, various synthetic for healthcare, hospitality and consumer use. The company distributes products to leading retailers such as WalMart and hotel chains such as Choice Hotels International. "Efficient distribution is critical to the profitability of our business, so inventory must be closely aligned with demand," said Paul Stokes Stokes , William 1804-1878. British physician. Known especially for his studies of diseases of the chest and heart, he expanded on the observations of John Cheyne in describing the breathing irregularity now known as Cheyne-Stokes respiration. , chief financial officer of Calderon Textiles. "PeopleSoft's products will enable us to tightly integrate front and back office operations. With real time visibility of production data and customer demand, we can make rapid adjustments to supply plans. In addition, our sales force can strategically manage customers based upon product availability." Calderon Textiles will deploy PeopleSoft's award-winning SRM product to tightly align align (  līn),v to move the teeth into their proper positions to conform to the line of occlusion. its global network of suppliers. The company currently uses a combination of telephone calls, faxes, emails, and manual spreadsheets to coordinate material shipments from Pakistan, Bangladesh, Nepal, Egypt, Mexico, and other countries. This results in untimely, inefficient, and inaccurate processing of Calderon's material requirements. PeopleSoft's internet-based supplier portal will enable Calderon's suppliers and contract manufacturers to respond instantly to meet changes in Calderon's material requirements. As a result, Calderon will be able to update shipment dates and quantities, improve order accuracy and mitigate mit·i·gate v. To moderate in force or intensity. mit  i·ga tion n. availability
risk for products with long lead times.
PeopleSoft Sales, a module within the PeopleSoft CRM suite, will enable Calderon's 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 to gauge the growth of each of its businesses, measure sales performance by geographic region, and gain visibility into specific products that are selling most quickly. Sales executives will be able to track a customer's order history, enabling them to see the results of their sales efforts. In addition, tight integration with PeopleSoft SRM will ensure that sales executives make delivery promises with greater accuracy. The company will also deploy PeopleSoft's Financial Management products including General Ledger General Ledger A company's accounting records. This formal ledger contains all the financial accounts and statements of a business. Notes: The ledger uses two columns: one records debits, the other has offsetting credits. , Accounts Payable and Accounts Receivable accounts receivable n. the amounts of money due or owed to a business or professional by customers or clients. Generally, accounts receivable refers to the total amount due and is considered in calculating the value of a business or the business' problems in paying to gain real-time visibility into supplier payments and customer credit activity. The products will enable Calderon to obtain a more accurate view of its financial position. "Companies today are striving to gain a competitive edge by increasing productivity, reducing costs and quickly responding to customer needs," said Patrick Quirk quirk n. 1. A peculiarity of behavior; an idiosyncrasy: "Every man had his own quirks and twists" Harriet Beecher Stowe. 2. , general manager of PeopleSoft Manufacturing and Supplier Relationship Management. "The PeopleSoft solution provides enterprise-wide visibility into multiple business processes, enabling the delivery of real-time information to improve business efficiency and greater responsiveness to the customer." About PeopleSoft PeopleSoft (Nasdaq:PSFT) is the world's leading provider of application software for the real-time enterprise. PeopleSoft pure internet software enables organizations to reduce costs and increase productivity by directly connecting customers, suppliers, partners and employees to business processes on-line, in real time. PeopleSoft's integrated, best-in-class applications include Customer Relationship Management, Supply Chain Management, Human Capital Management, Financial Management and Application Integration. Today more than 5,200 organizations in 140 countries run on PeopleSoft software. For more information, visit us at www.peoplesoft.com. PeopleSoft and the PeopleSoft logo are registered trademarks. All other company and product names may be trademarks of their respective owners. |
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