Centric Software Signs Partnership Agreement with Lidington Technologies; Partnership Expedites Rapid Adjustment of Packaging Machines to Meet Fast Changing Consumer Packaging Requirements.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. -- Centric Software, the leading provider of Product Intelligence solutions for the extended enterprise, announced today a partnership agreement with Lidington Technologies, a strategic business consulting firm Noun 1. consulting firm - a firm of experts providing professional advice to an organization for a fee consulting company business firm, firm, house - the members of a business organization that owns or operates one or more establishments; "he worked for a for package machinery manufacturers and users. Lidington works with executives to optimize packaging costs, product volume and throughput, compressed product development and launch schedules, and continually changing packaging designs in the food, pharmaceutical and consumer goods consumer goods Any tangible commodity purchased by households to satisfy their wants and needs. Consumer goods may be durable or nondurable. Durable goods (e.g., autos, furniture, and appliances) have a significant life span, often defined as three years or more, and industries. Historically, packaging machines were built to run one package size for long periods; however, the continual market drive for more new products and outlets has caused consumer goods companies to demand more flexible, lower-cost packaging machines that can speed time-to-market and optimize equipment use. To meet these demands, packaging machinery manufacturers are introducing new machines as rapidly as possible at lower cost, in order to pass cost and time savings on to their customers. Through this partnership, Lidington Technologies and Centric Software will now offer packaging machine manufacturers a templated, software-based Product Intelligence solution designed to optimize modular design In the context of systems engineering, modular design — or "modularity in design" — is an approach aiming to subdivide a system into smaller parts (modules) that can be independently created and then used in different systems to drive multiple functionalities. of packaging machines that can adapt easily to changing packaging requirements. In addition, the software solution enables a 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. environment. Centric's Product Intelligence provides a secure, online, interactive decision-support environment that empowers manufacturers to build new modularized mod·u·lar·ized adj. Having or made up of modules: modularized housing. packaging machine designs to market-driven targets. "Centric's Product Intelligence solutions, together with proprietary processes developed over 20 years in the packaging industry, will enable packaging machine manufacturers to realize significant bottom line benefits -- an average savings of 30 percent on machine cost reduction, 50 percent on delivery time reduction and 50 percent on operations personnel savings," said Rick Lidington, chief executive officer of Lidington Technologies. "Maintaining profitability is extremely difficulty when companies must constantly change to meet the evolving requirements of the marketplace and capture market attention through packaging," said Chris Groves, chief executive officer at Centric Software. "With the combined Lidington packaging approach and Centric's Product Intelligence solutions, packaging machine manufacturers benefit by offering better machines that meet their customer's requirements for design re-use, reduced costs and increased machine uptime; while food, pharmaceutical, and consumer goods companies benefit by getting products to market more quickly at lower cost." With an innovative design and manufacture-to-cost approach, Lidington's business transformation process improves cost structure and cycle time through modular packaging machines. The joint solution accelerates parallel processing parallel processing, the concurrent or simultaneous execution of two or more parts of a single computer program, at speeds far exceeding those of a conventional computer. of design, sourcing, assembly and fabrication fabrication (fab´rikā´sh  n),n the construction or making of a restoration. processes. About Centric Software, Inc. With Product Intelligence solutions from Centric Software, global executives and multidisciplinary teams collect all relevant information for any product or capital program initiative, decide on the appropriate action, execute on the initiatives, and assess progress against business goals. Global enterprises, such as Bristol-Myers Squibb Bristol-Myers Squibb (NYSE: BMY), colloquially referred to as BMS, is a pharmaceutical corporation, formed by a 1989 merger between pharmaceutical companies Bristol-Myers Company, founded in 1887 by William McLaren Bristol and John Ripley Myers in Clinton, NY (both were , Coleman, Emerson, Moen, Hamilton Sundstrand, Siemens, Timex, Volvo, Iowa State University Academics ISU is best known for its degree programs in science, engineering, and agriculture. ISU is also home of the world's first electronic digital computing device, the Atanasoff–Berry Computer. and others, use Centric's solutions to achieve top line revenue growth, direct cost reductions and insight into capital programs. Customers represent multiple industries, including aerospace, automotive, consumer goods, AEC/owner operator, life sciences, consumer electronics and universities. |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion