QAD Enterprise Applications running at 48-of-Top-100 global automotive suppliers
SANTA BARBARA, Calif. — December 2, 2014 — QAD Inc. (NASDAQ:QADA) (NASDAQ:QADB), a leading provider of cloud enterprise resource planning (ERP) solutions and services for global manufacturers, announced today that eight out of the top ten, and 48 of the top 100, global automotive suppliers use QAD ERP.
A recent report from Automotive News revealed that 48 of the top 100 global automotive suppliers listed use QAD solutions. These QAD customers generated revenue of approximately $400 billion in 2013, more than half of the estimated market total revenue of $720 billion. QAD ERP is currently deployed at automotive supplier facilities in 60 countries.
QAD Enterprise Applications includes industry-specific functionality for automotive suppliers such as OEM specific EDI and bar coding in addition to standard web-based supplier communications, release management, business process management, business intelligence, supply chain management, lean manufacturing and financials.
QAD is an industry leader in sharing manufacturing best practices and collaborates with the Automotive Industry Action Group (AIAG) in the U.S. and with Odette in Europe to develop methods and systems to support the global Materials Management Operations Guidelines/Logistics Evaluation (MMOG/LE) standard; a critical program that ensures that global manufacturers are operating at maximum efficiency.
“The vast majority of all cars on the road have components manufactured by QAD customers,” said QAD Automotive Director Terry Onica. “Our penetration in this most demanding and competitive of industries is a testament to the effectiveness of QAD ERP.”