Friday, April 25, 2008

Shipbuilder selects IFS Applications for increased visibility of costs and inventory

IFS, the global enterprise applications company, announced today that Austal USA has chosen to implement IFS Applications to support its growing ship manufacturing business.

Austal USA, located in Mobile, Ala., manufactures aluminum vessels, such as commercial high speed passenger and vehicle-passenger ferries, cruise ships, freight and offshore support ships, and high performance military vessels.

“Our recent significant growth has caused a need to reduce the amount of manual processes within our business and create more visibility of our costs and inventory,” Austal USA Director of Supply Chain Management Terry Schroeder said. “We chose IFS Applications to aid in the automation of tracking our costs and project schedules. We were impressed with what IFS Applications could do for our business, such as increase our visibility of costs, material lead time, and inventory, as well as provide us a reliable process for tracking project schedules.”

“IFS Applications has been adopted by naval shipyards that are facing government mandates to adopt leaner project centric manufacturing processes,” IFS North America President and CEO Cindy Jaudon said. “Commercial shipyards like Austal USA will not only benefit from adopting the technology behind these lean practices, but also optimize IFS Applications for their own business purposes rather than for regulatory compliance.”

IFS Applications offers project-centric capabilities that have proven to be a good fit for shipbuilders around the globe. IFS functionality for project-driven manufacturing, earned value management, and service management allow shipbuilders to leverage lean manufacturing and financial processes and comply with government mandates. IFS’ shipbuilder customers include Akers Yards, Todd Pacific Shipyards, Ursa Shipyards, Uzmar Denizcilik and Stocznia Marynarki Wojennnej S.A.

About IFS

IFS (OMXS: IFS), the global enterprise applications company, provides ERP solutions that enable organizations to respond quickly to market changes. The solutions allow resources to be used in a more agile way to achieve better business performance and competitive advantage.Founded in 1983, IFS has 2,600 employees worldwide. With IFS Applications™, now in its seventh generation, IFS has pioneered component-based ERP software. The component architecture provides solutions that are easier to implement, run, and upgrade. IFS Applications is available in 54 countries in 22 languages.IFS has more than 600,000 users across seven key vertical sectors: aerospace & defense; automotive; high-tech; industrial manufacturing; process industries; construction, contracting, service & facilities management; and utilities & telecom. IFS Applications provides extended ERP functionality, including CRM, SCM, PLM, CPM, enterprise asset management, and MRO capabilities. For more information, visit www.IFSWORLD.com.

Contact Information

Kristy Mills

Phone: +1 262 317 7476

Contact Kristy Mills