24 January, 2013
IFS releases CPM Lite, Corporate Performance Management solution to optimize A&D supply chain
IFS™, the global enterprise applications company, has released CPM Lite, a pre-configured version of its Corporate Performance Management (CPM) solution designed specifically to optimize strategic supply chain performance in the aerospace and defense (A&D) value chain.
CPM Lite can be set up to run alongside existing business systems in just a few days, and is of particular importance in the A&D sector, where contracts increasingly demand business performance metrics.
CPM Lite offers a user-defined ‘cockpit’ display where key performance indicators can be viewed and measured using easy-to-read displays, such as dials and graphs. It works through a portal interface which draws data from applications and data warehouses to provide end-to-end visibility across the entire supply chain. The solution avoids “strategy leakage” across the organization by linking corporate strategy to supply chain business execution. Users can view metrics specific to six different management roles including operations, customer, supplier, procurement, and buyer. The packaged metrics are based on the internationally recognized best practice guidance of the Supply Chain Council's SCORTM (Supply Chain Operations Reference) model.
“We believe that CPM Lite offers a unique approach to strategy and performance that a standard BI tool cannot deliver,” commented Brendan Viggers, IFS Defence Head of Product Management. “CPM Lite is designed to give businesses a plug-and-play mechanism to monitor and execute on their supply chain initiatives. This is a solution we can install in days to deliver rapid value return to organizations. The standard package also delivers industry best practices and metrics to improve performance and helps organizations demonstrate added value to customers.”
IFS is a public company (XSTO: IFS) founded in 1983 that develops, supplies, and implements IFS Applications™, a component-based extended ERP suite built on SOA technology. IFS focuses on industries where any of four core processes are strategic: Service & asset management, manufacturing, supply chain and projects. The company has 2,000 customers and is present in approximately 60 countries with 2,800 employees in total. Net revenue in 2011 was SKr 2.6 billion.
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About IFS Defence
IFS™, the global enterprise applications company, through its component-based product IFS Applications™ offers off-the-shelf functionality to support the needs of organizations operating in the Aerospace and Defense (A&D) sector including Performance-Based Logistics (PBL) and Fleet Operator programs, Defense Manufacturing, Maintenance Repair & Overhaul (MRO), Fleet & Asset Management, Supply Chain Management, and Product Lifecycle Management (PLM).
Via its specialist A&D industry organization, IFS supports its customers all over the world. IFS’s global defense customers include Navy, Army and Air Force users and organizations such as the Eurofighter consortium. Commercial aviation MRO shops and service operators include Aero-Dienst GmbH, Alitalia Maintenance Systems, Dyncor, K&L Microwave, Hawker Pacific, Ensign Bickford and Todd Pacific Shipyards. In addition, IFS provides solutions to the major original equipment manufacturers (OEMs) and integrators such as General Dynamics, Lockheed Martin, BAE SYSTEMS, SAAB and GE Aircraft Engines.
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