TRW Creates Management Consulting Group in Integrated Supply Chain Division.Business Editors BRUSSELS--(BUSINESS WIRE)--Sept. 29, 2000 TRW TRW The Real World (TV reality show) TRW The Right Way TRW Tactical Reconnaissance Wing TRW The Retriever Weekly (University of Maryland, Baltimore, MD) TRW Thompson Ramo Wooldridge Inc ISCS ISCS International Solar Cycle Studies (study group for solar variability, climate, and space weather) ISCS International Symposium on Compound Semiconductors ISCS International Satellite Communications System (Integrated Supply Chain Solutions) has formed a management consulting Noun 1. management consulting - a service industry that provides advice to those in charge of running a business service industry - an industry that provides services rather than tangible objects practice to help manufacturing and logistics organizations improve operations, competitiveness and profitability. The management consulting service - which expands the company's core business built up over more than 20 years in the 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 supply chain systems integration - provides clients with dedicated teams in the automotive, electronics, industrial products, logistics, 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 , medical and pharmaceutical sectors. TRW is looking forward to intervene upstream of information systems implementation by optimizing resource utilization across the enterprise, making the organization more agile and aligning the company's operations with its business strategies. Beray Gerdan, TRW ISCS business development manager for management consulting, said, "Our objective is to set up new business processes that create sustainable competitive advantage and produce lasting results". TRW's management consulting practice uses the newest information technologies to both drive change and encourage innovation. TRW ISCS said its ability to combine in-depth knowledge of industrial sectors with technological expertise is one of the company's competitive advantages and cites AEP AEP - Application Environment Profile , Firmenich and Stryker as among the organizations it has helped achieve breakthrough results at implementing agile information systems to reduce cycle times and improve customer service or inventory. Pierre Spilleboudt, vice president for TRW ISCS Europe, said: "We support enterprises in creating value, spurring innovation and implementing accelerated changes. " TRW ISCS said its management consulting practice is committed to achieving sustainable results in three areas of excellence: organization, information systems, and management. The services TRW ISCS offers include consulting services Noun 1. consulting service - service provided by a professional advisor (e.g., a lawyer or doctor or CPA etc.) service - work done by one person or group that benefits another; "budget separately for goods and services" to define the business case and the roadmap to solution as well as implementation and follow-up services. Fees are charged as a function of achieved results, based on the improvement of key performance indicators Key Performance Indicators (KPI) are financial and non-financial metrics used to quantify objectives to reflect strategic performance of an organization. KPIs are used in Business Intelligence to assess the present state of the business and to prescribe a course of action. defined together with the client. TRW described its methodology as pragmatic and customer focused. It streamlines and integrates the strategic processes that drive profit and loss and cash flow. TRW builds a business model to define the target cycle time, or the shortest time in which products can be designed, sourced, manufactured and delivered and receivables collected according to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. customer execution capabilities. The business processes are redesigned to integrate all the supply chain functions and business partners required to achieve the performance goals. Once operational, maximum operating efficiency is achieved in the shortest time possible. TRW also commits with the client on further training, transferring knowledge and skills. Pierre Spilleboudt concludes: "The creation of our management consulting practice above all reflects the very high market demand for consulting services due to market pressure on e-business readiness or compliance with business certifications. We have the capacity to evaluate clients latent opportunities inherent in the operations to finance their e-business initiatives." About TRW ISCS TRW ISCS (Integrated Supply Chain Solutions), a division of the American company TRW Inc., provides total supply chain solutions that help global companies reengineer their business processes and operations rapidly in a wide range of industry sectors including: automotive, electronics, semiconductor manufacturing, consumer packaged goods Noun 1. packaged goods - groceries that are packaged for sale foodstuff, grocery - (usually plural) consumer goods sold by a grocer plural, plural form - the form of a word that is used to denote more than one , medical, third party logistics and wholesale distribution. TRW ISCS implements flexible solutions to cover the entire supply chain from management consulting to ERP, APS, MES (Manufacturing Execution Software) Software that provides real time access to plant activities that include equipment, labor, orders and inventory. An MES integrates the data with enterprise resource planning (ERP) systems so that management has complete control of and LES software integration and e-business. TRW Inc. provides advanced technology products and services for the automotive, aerospace and information technology markets worldwide. TRW's 1999 sales were $17 billion. For more information, visit http://www.trw.com . |
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