Kirus Chosen for Global Reverse Supply Chain Management Solution.Business/High-Tech Editors IRVINE, Calif.--(BUSINESS WIRE)--April 3, 2001 Kirus, Inc., the leading provider of dynamic, e-business applications that manage global reverse supply chains, today announced that Jabil Global Services, the largest hub service provider in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. , purchased the Kirus System to improve inventory visibility and reduce purchasing costs. The Kirus System is a modular reverse supply chain management (RSCM RSCM Royal School of Church Music RSCM Regional Supply Chain Management ) system featuring a Web-centric, Java-based architecture incorporating XML-based messaging to support application and B2B (Business to Business) Refers to one business communicating with or selling to another. See B2B e-commerce, B2C and B2G. B2B - business to business integration. Jabil Global Services (JGS) will use the Kirus System in four nationwide facilities to support more than 150 leading high technology customers. The Kirus System is designed to manage the complex processes and business rules involved in the reverse supply chain while providing real-time visibility of inventory and operations. Jabil's implementation of the system will secure its position as a market leader in outsourced service operations. "Our focus at Kirus is on increasing inventory visibility and profitability while improving inefficient processes," said Ho Kim, President, Chairman and 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 Kirus. "We are very pleased that Jabil Global Services, a successful legacy customer, has decided to further optimize their reverse supply chain operations by upgrading its operations with the Kirus System to automate processes and facilitate information exchange." "Kirus was designed to manage the reverse supply chain whereas other solutions we considered were primarily manufacturing products that had repair modules which were not optimized for our business," said Andy Hatch, Vice President of Operations at Jabil Global Services. JGS has been running its service operations on the Kirus legacy system for four years. Jabil is currently installing the new Kirus System to automate all of the process flows involved in the return and redeployment re·de·ploy tr.v. re·de·ployed, re·de·ploy·ing, re·de·ploys 1. To move (military forces) from one combat zone to another. 2. of goods. The Kirus System also offers maximum flexibility and scalability to grow with Jabil's expansion of their global footprint. After evaluating more than 15 solutions, Jabil selected the Kirus System as the application that would give them real-time inventory visibility across the reverse supply chain and enable the execution of global operations Global Operations is a first-person shooter computer game developed by Barking Dog Studios and published by both Crave Entertainment and Electronic Arts. It was released in March of 2002, following its public multiplayer beta version which contained only the Quebec map. . "Using the Kirus System will enable Jabil to effectively expand our operations globally," said Andy Hatch. "Kirus gives us amazing visibility into our inventory, from receipt of the products to returns, so we can track customer owned assets that are being repaired or refurbished. We can also monitor our perpetual inventory Perpetual Inventory An accounting method of maintaining up-to-date property records that accurately reflect the level of goods on hand. Notes: The current balance of inventory is sustained daily by the addition of inventory to the account when goods are received and the and tie inventory to actual shop floor usage. Being able to track this historical data helps us plan and forecast, and also allows us to track the cost of goods better." About Jabil Global Services Jabil Global Services, a wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. of Jabil Circuit, Inc., is the largest hub service provider in the United States. Jabil provides services from four facilities - Memphis, TN; Louisville, KY; Tampa, FL; and Dublin, Ireland. Jabil's customers include the industry's leading high-tech manufacturers and service providers. About Kirus Kirus, Inc.(TM) is the leading provider of dynamic, e-business applications that manage global reverse supply chains. Its systems enable OEMs to increase profits by effectively utilizing returns inventory and reducing operating costs. The Kirus System automates business processes, facilitates rapid information exchange, and delivers real-time visibility of data across the entire reverse supply chain. Kirus can be integrated with CRM (Customer Relationship Management) An integrated information system that is used to plan, schedule and control the presales and postsales activities in an organization. , 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 forward supply chain solutions to manage the complete product life cycle. Founded as BCTOP, Inc. in 1989, several customers such as Jabil Global Services and DecisionOne Corporation are currently upgrading from the client-server application to the Web-based solution. Kirus is headquartered in Irvine, California and is a privately held company privately held company A firm whose shares are held within a relatively small circle of owners and are not traded publicly. . For more information, contact Kirus at 949-453-4700 or on the Web at www.kirus.com. |
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