Monday, June 02, 2008

Jotun expands collaboration with IFS

The Jotun Group, one of the world’s leading suppliers of paint, coatings and powder coatings, is expanding its use of IFS Applications by adding new functionality, including the Trade Management component. At the same time, Jotun will upgrade its entire enterprise applications to IFS Applications 7.5. The agreement includes software and consulting services and is valued at NKr 20 million. The project is also part of the preparation for a larger, global roll-out project in Jotun.

The Jotun Group has been an IFS customer since 2003 and has implemented IFS Applications components for financials, manufacturing, logistics, and maintenance in its Scandinavian operations. Now Jotun is expanding the solution with the addition of a new component, Trade Management, which is part of IFS’ solution for the retail and wholesale industry. The component will replace the customized functionality in Jotun’s current system.

Morten Fon, Jotun’s CEO, points out that Jotun has already benefited from collaborating with IFS. “We have standardized our business processes and achieved better control, efficiency and collaboration in Scandinavia. With IFS Applications 7.5, more of the solution will be based on standard functionality. This will enable us to further streamline and prepare for the planned global roll-out of the solution,” Fon said.

The aim of the upgrade project is to improve Jotun’s competitive position by utilizing the latest technology and functionality from IFS and enhancing processes and work flows.

“IFS has shown itself to be a competent supplier, with a culture that fits well with ours. Our experience of IFS Applications has been very good—in terms of both learning and use. Now we are looking forward to going live with the new version of the applications,” said Fon.
 
”Collaboration with Jotun has played a critical role in our ability to provide a standard solution for the paint industry, and we continue to add to our customer base in this segment. We appreciate the fact that Jotun is expanding its enterprise applications and preparing to become an IFS Global Partner,” said Glenn Arnesen, managing director of IFS Scandinavia.

The process industry is one of IFS’ seven targeted markets. IFS provides industry-specific functionality for enterprises in food and beverage, chemicals, pulp and paper, and metals segments. IFS Applications for the chemicals industry provides support for all critical business processes, including batch balancing, recipe management, quality management, and demand planning. The application suite includes a complete asset as well as product lifecycle management solution. IFS customers in the chemicals industry include DuPont, Jotun, Flint Group, Willamette Valley Company, Akzo Nobel and Becker Industrial Coatings.

About IFS

IFS is a public company (OMX STO: IFS) founded in 1983 that develops, supplies, and implements IFS Applications™, a fully-integrated, component-based extended ERP suite built on SOA technology. The company has more than 2,000 customers in 54 countries and focuses on seven main industries: aerospace & defense, utilities & telecom, manufacturing, process industries, automotive, retail & wholesale distribution, and construction contracting & service management. IFS has 2,600 employees and net revenue in 2007 was SKr 2.4 billion.

Contact Information

Vice President Corporate Communications Oliver Pilgerstorfer

Phone: +44 1494 428900

Contact Oliver Pilgerstorfer

Vice President, Corporate Communications Oliver Pilgerstorfer

Phone: 44 1494 428900

Contact Oliver Pilgerstorfer