Monday, August 19, 2013

Leading South Asian footwear retailer and manufacturer goes live with IFS Applications 8

IFS, the global enterprise applications company, announces that APEX Adelchi Footwear Ltd (AAFL), the largest shoe manufacturer, exporter and leading leather product retailer in Bangladesh, has deployed IFS Applications 8™. The solution was rolled out to 174 retail stores in only 12 months and supports AAFL’s entire value chain, from manufacturing to retail. 

IFS, the global enterprise applications company, announces that APEX Adelchi Footwear Ltd (AAFL), the largest shoe manufacturer, exporter and leading leather product retailer in Bangladesh, has deployed IFS Applications 8™. The solution was rolled out to 174 retail stores in only 12 months and supports AAFL’s entire value chain, from manufacturing to retail. 

In 2012, following a thorough evaluation involving nine leading business software vendors such as SAP and Oracle, AAFL chose to implement IFS Applications to support its varied value chain. 

The solution, which covers retail, manufacturing, financials, distribution, and human resources, was subsequently implemented across the AAFL organization, seamlessly integrating some 174 retail stores all over the country, in only 12 months.

“We are pleased with the rapid deployment of the IFS solution, which helps us ensure a short time to value,” AAFL General Manager—Operations, Masood Nizam said. 
“By implementing a comprehensive business solution, we expect to leverage benefits in reducing our present stock level and at the same time improving the replenishment performance for over 15,000 SKUs in our country-wide retail stores. In IFS, we have found an IT partner that can deliver the right competence and functionality while keeping up with our growth.” 

“We are pleased to announce the successful implementation across AAFL’s diverse organization,” stated IFS Bangladesh Director Asanga Marasinghe. “IFS has a long and proven track record of delivering best-practice industry solutions to retailers and manufacturers all over the world. We look forward to supporting AAFL’s continued growth in this very dynamic market.”

About Apex Adelchi Footwear

AAFL pioneered the export of value added finished products in the leather sector of Bangladesh and is also involved in the local footwear retail business with the second largest shoe retail network in the country. AAFL has strategic, technical and marketing alliances with Italy. Public listed and traded since 1993, AAFL is professionally managed and currently employs 8,000 persons and is in full compliance with Corporate Governance Compliance.

More information on is available at www.apexadelchi.com

About IFS

IFS™is a public company (XSTO: IFS) founded in 1983 that develops, supplies, and implements IFS Applications™, a component-based extended ERP suite. IFS focuses on industries where management of any of the following four core processes is strategic: service & asset, manufacturing, supply chain, and projects. The company has 2,100 customers and is present in approximately 60 countries with 2,800 employees in total. Net revenue in 2012 was SKr 2.7 billion.

More information on IFS is available at www.IFSWORLD.com  
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Visit the IFS Blogs on technology, innovation and creativity: http://blogs.ifsworld.com/

Contact Information

Chief Marketing Officer Mark Boulton

Phone: +44 1494 428900

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Head of IR Frédéric Guigues

Phone: +46 8 58 78 45 00

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