22.08.2007 13:02:00
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QAD Offers Global MMOG/LE Training to Automotive Suppliers in Russia, China and India Through Partnership with AIAG
In an effort to help automotive suppliers assess and improve materials
management – a criterion for world-class
automotive production -- QAD Inc. (NASDAQ: QADI), a leading provider of
enterprise software solutions for global manufacturers, today announced
it is offering Materials Management Operation Guideline Logistics
Evaluation (MMOG/LE) training to automotive suppliers in Russia, China
and India – the top emerging markets in the
automotive industry today. QAD is offering this important training
through a partnership with the Automotive Industry Action Group (AIAG).
Issued by the AIAG in North America and Odette International Limited in
Europe, the MMOG/LE guidelines are a global set of principals for
materials processes, incorporating AIAG's Materials Management
Operations Guidelines (MMOG) and Odette Logistics Evaluation (OLE)
documents. The MMOG/LE guidelines automatically score and rate suppliers’
compliance levels and identify necessary actions to satisfy requirements.
"The real challenge in making global sourcing
work is developing a world-class materials management plan and logistics
management system. The MMOG/LE guidelines and complementary training are
effective tools to help suppliers get there faster,”
said J. Scot Sharland, executive director of AIAG. "We
chose QAD as a partner for this training because of their longstanding
commitment and support of AIAG’s efforts to
reduce cost and complexity via global standards development and
harmonized business practices; especially in emerging markets.”
The MMOG/LE training provides a series of exercises and electronic
resources that enable trainees to assemble a team and acquire the tools
necessary to effectively implement the Global MMOG/LE standards when
they return to their facility. Coursework covers:
The requirements for completing an MMOG/LE self-assessment
A gap analysis identifying action items
Communication strategies for the MMOG/LE throughout an organization
MMOG/LE implementation planning guidance
Ideas about motivating change and dealing with resistance
"After completing the MMOG/LE training, I now
fully understand how to meet the requirements of global OEMs, and what
we have to change in order for our company to meet their export and
sequencing requirements,” said Sobolev Roman,
Director of Logistic Department, Standartplast, Ivanovo, Russia.
QAD has trained 140 people in Shanghai, Beijing and Chongqing to date,
and plans to train another 180 people in China by the end of this year.
Training in Russia was started in late spring, and will begin in India
in the fall.
"Providing MMOG/LE training in these emerging
markets further reflects our commitment to the automotive sector and
improving global supply chain performance through what we call the ‘Perfect
Lean Market,’”
said Pamela Lopker, QAD president and chairman of the board. "This
training will help automotive suppliers in Russia, China and India
better meet requirements of their OEM customer by teaching them to
proactively review their materials practices, ensure compliancy to the
industry standard and attain the support needed for a first-rate
materials management system.”
MMOG/LE training is offered world-wide; on-site training is available.
Classes in the United States are regularly held at AIAG’s
offices in Southfield, Michigan. Schedule and class information can be
viewed at http://www.aiag.org/staticcontent/education/trainingindex.cf
m?classcode=MMOG (Due to its length, this URL may need to be
copied/pasted into your Internet browser's address field. Remove the
extra space if one exists.) Dates and registration information for
classes in Asia and other emerging markets are available at http://www.aiag.org/staticcontent/education/06MMOGTraining.pdf.
Companies in Europe interested in obtaining training should work through
their appropriate national organization in Odette.
About AIAG
Founded in 1982, AIAG is a globally recognized organization where OEMs
and suppliers unite to address and resolve issues affecting the
worldwide automotive supply chain. AIAG’s
goals are to reduce cost and complexity through collaboration; improve
product quality, health, safety and the environment; and optimize speed
to market throughout the supply chain. Headquartered in the metro
Detroit area, its member companies include North American, European and
Asia-Pacific OEMs and suppliers to the automotive industry. Additional
information is available on the Internet at www.aiag.org.
About QAD
QAD is a leading provider of enterprise applications for global
manufacturing companies. QAD applications provide critical functionality
for managing manufacturing resources and operations within and beyond
the enterprise, enabling global manufacturers to collaborate with their
customers, suppliers and partners to make and deliver the right product,
at the right cost and at the right time. Manufacturers of automotive,
consumer products, electronics, food and beverage, industrial and life
science products use QAD applications at approximately 5,800 licensed
sites in more than 90 countries and in as many as 27 languages. For more
information about QAD, telephone +1 805 684 6614, or visit the QAD Web
site at: www.qad.com.
"QAD” is a
registered trademark of QAD Inc. All other products or Company names
herein may be trademarks of their respective owners.
Note to QAD Investors:
This press release contains certain forward-looking statements made
under the "safe harbor”
provisions of the Private Securities Litigation Reform Act of 1995. A
number of risks and uncertainties could cause actual results to differ
materially from those in the forward-looking statements. These risks
include, but are not limited to, evolving demand for the company's
software products and products that operate with the company's products;
the company's ability to sustain license and service demand; the
company's ability to leverage changes in technology; the company's
ability to sustain customer renewal rates at current levels; the
publication of opinions by industry and financial analysts about the
company, its products and technology; the reliability of estimates of
transaction and integration costs and benefits; the entry of new
competitors or new offerings by existing competitors and the associated
announcement of new products and technological advances by them; delays
in localizing the company's products for new or existing markets; the
ability to recruit and retain key personnel; delays in sales as a result
of lengthy sales cycles; changes in operating expenses, pricing, timing
of new product releases, the method of product distribution or product
mix; timely and effective integration of newly acquired businesses;
general economic conditions; exchange rate fluctuations; and, the global
political environment. In addition, revenue and earnings in the
enterprise resource planning (ERP) software industry are subject to
fluctuations. Software license revenue, in particular, is subject to
variability with a significant proportion of revenue earned in the last
month of each quarter. Given the high margins associated with license
revenue, modest fluctuations can have a substantial impact on net
income. Investors should not use any one quarter's results as a
benchmark for future performance. For a more detailed description of the
risk factors associated with the company and the industries in which it
operates, please refer to the company's Annual Report on Form 10-K for
fiscal 2007 ended January 31, 2007.
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