SANTA BARBARA, Calif.,
Dec. 7, 2017 /PRNewswire/ -- DynaSys,
a leading provider of demand & supply chain planning (DSCP)
solutions, today announced that CURIUM, formerly IBA Molecular, has
implemented DynaSys Cloud Demand Planning to optimize its sales
forecasts. This is the first step in instituting a complete
cultural turnaround for the company, establishing comprehensive
planning solutions, augmenting the current S&OP (Sales &
Operations Planning) process and supporting CURIUM's supply chain
development. DynaSys is a division of QAD Inc. (Nasdaq:QADA)
(Nasdaq:QADB).
Headquartered in Paris, CURIUM
is a leader in the field of nuclear medicine. It sells radioactive
products for the diagnosis of a variety of illnesses, as well as
several therapeutic medicines. CURIUM was formed by the merger of
IBA Molecular and Mallinckrodt Nuclear Medicine LLC. CURIUM
operates in 70 countries, generating turnover of $600 million with 1,500 employees.
Until 2016, CURIUM forecast based on information from the prior
year which was then interpreted by the CURIUM teams. This process
may suffice in a business area considered to be "stable," but falls
short of optimizing a company's supply chain. "We needed the
ability to keep up with subtle differences in behavior or changes
in the market," said Nicolas Gruel, CURIUM's central demand
manager. Radioactive products are costly and with delivery lead
times averaging two months, CURIUM was determined to ensure
reliable procurement management. That determination led to the
company's decision to implement a sales forecast solution. CURIUM
chose a cloud-based solution to prevent overloading the existing
infrastructure, enabling CURIUM to focus its efforts on its core
business and not on its IT systems.
"We were looking for an agile solution tailored to our needs,
and cloud-based with comprehensive functional coverage," added
Gruel. "After researching the providers in the marketplace, there
were only two solutions that really met our specifications. We
chose DynaSys because of its proven, flexible and robust
technology, its expertise in our industry, its experience with the
cloud, and its all-encompassing support in setting up our
project."
The DynaSys solution has been implemented in all former IBA
Molecular entities and will soon be set up in all CURIUM group
facilities. "Not only does DynaSys provide us with indispensable
input for our sales forecasts, the collaborative aspect of demand
planning is essential for us to be responsive as a global
organization," added Gruel.
Despite DynaSys Cloud Demand Planning only being in place for
two months, CURIUM has already received several benefits:
- Optimized structuring of in-house processes based on sales
forecasts via demand planning
- Training of forecasting specialists to refine and escalate
information, and the addition of a central forecaster handling
international activity and the wider distributor network
- Increased medium and long-term visibility helping to anticipate
production capacities and procurement requirements
- Reliable statistics for radioactive products
- Improved collaboration between facilities
- Optimized network infrastructure management
- Business processes have been structured to match the CURIUM
S&OP approach
"Tomorrow, we will go even further," said Gruel. "We expect a
return on investment in less than one year. As soon as demand
planning is standardized across the group, we will look at how to
improve our procurement processes. Finally, the major effort from
now on will be the implementation of our S&OP process, which
will be a significant aid to support our growth."
About CURIUM
CURIUM is a world-class nuclear medicine solutions provider with
over 100 years of industry experience. Formed through the union of
IBA Molecular and Mallinckrodt Nuclear Medicine LLC, CURIUM has one
of the largest vertically integrated radiopharmaceutical
manufacturing networks in the industry.
With manufacturing sites in Europe and United
States, CURIUM services over 14 million patients worldwide
with SPECT, PET and therapeutic radiopharmaceuticals to provide
potential vital diagnostics. The brand CURIUM is inspired by the
radiation scientists Marie and Pierre
Curie and is focused on nuclear medicine. Learn more, visit
www.curiumpharma.com.
About DynaSys – Effective Enterprise Demand and Supply Chain
Planning
DynaSys, a division of QAD Inc., provides Demand and Supply
Chain Planning solutions. With 30 years of experience, DynaSys
provides an integrated and collaborative planning solution that
allows businesses to optimize their supply chains. The DynaSys
suite includes sales and operations planning, demand planning and
network, inventory and business resources. DynaSys software enables
customers and partners in the consumer goods, life sciences, food
and beverage, high tech, automotive, distribution and wholesale
verticals to meet their goals of better managing Demand and Supply
Chain Planning, and becoming more Effective Enterprises.
For more information about DynaSys,
visit www.dys.com or
email contact@dys.com.
About QAD – The Effective Enterprise
QAD Inc. (Nasdaq:QADA) (Nasdaq:QADB) is a leading provider of
enterprise software and services designed for global manufacturing
companies. For more than 35 years, QAD has provided global
manufacturing companies with QAD Enterprise Applications, an
enterprise resource planning (ERP) system that supports operational
requirements, including financials, manufacturing, demand and
supply chain planning, customer management, business intelligence
and business process management. QAD Enterprise Applications is
offered in flexible deployment models in the cloud, on-premise or
in a blended environment. With QAD, customers and partners in the
automotive, consumer products, food and beverage, high technology,
industrial products and life sciences industries can better align
daily operations with their strategic goals to meet their vision of
becoming more Effective Enterprises.
For more information about QAD, call +1 805-566-6000,
visit 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 Investors: This press release contains certain
forward-looking statements made under the "safe harbor" provisions
of the Private Securities Litigation Reform Act of 1995, including,
but not limited to, statements regarding projections of revenue,
income and loss, capital expenditures, plans and objectives of
management regarding the Company's business, future economic
performance or any of the assumptions underlying or relating to any
of the foregoing. Forward-looking statements are based on the
company's current expectations. Words such as "expects,"
"believes," "anticipates," "could," "will likely result,"
"estimates," "intends," "may," "projects," "should," "would,"
"might," "plan" and variations of these words and similar
expressions are intended to identify these forward-looking
statements. 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: risks
associated with our cloud service offerings, such as defects and
disruptions in our services, our ability to properly manage our
cloud service offerings, our reliance on third-party hosting and
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including cloud service, licenses, services and maintenance;
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transactions; the ability to leverage changes in technology;
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detailed description of the risk factors associated with the
company and factors that may affect our forward-looking statements,
please refer to the company's latest Annual Report on Form 10-K
and, in particular, the section entitled "Risk Factors" therein,
and in other periodic reports the company files with the Securities
and Exchange Commission thereafter. Management does not undertake
to update these forward-looking statements except as required by
law.
Contacts
DynaSys
Arnaud Hédoux
03 88 19 42 33 / 06 09 01 82 56
arnaud_hedoux@dys.com
or
Symphony Communication
Françoise Fouquet
01 30 64 14 20 / 06 08 25 27 74
ffouquet@symphony-communication.fr
or
QAD Inc.
Evan Quinn, 617-869-7335
Analyst Relations
industryanalyst@qad.com
or
Scott Matulis, 818-451-8918
Public Relations
publicrelations@qad.com
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SOURCE DynaSys