Wednesday, March 25, 2009
Finnish paint manufacturer Teknos chooses IFS Applications to modernize its business processes
Teknos, one of leading paint manufacturers in the Nordic region, has chosen IFS Applications to increase visibility, integration and collaboration between companies and countries within the group. The solution will be implemented in Teknos’ operations in Finland, Scandinavia, Germany, the United Kingdom, Poland, Slovenia and Russia.
IFS Applications will replace several ERP systems, reducing IT cost as a result of economies of scale by supporting all of Teknos’ operations and processes in a single modern ERP solution. Operations will also benefit from the standardization of data structures and processes throughout the group. Teknos will use IFS Applications components for financials, supply chain, manufacturing, sales and marketing, service and maintenance, document management, quality management, e-invoice and business analytics, as well as an interface to Atrion Intelligent Authoring, to handle regulatory requirements and product compliance specific to the chemical industries.
IFS was chosen based on its strong functionality, references, and knowledge of the paint manufacturing industry:
“We evaluated several solutions and vendors in our industry, but no one came close to the experience and successful implementations that IFS could demonstrate,” said Raimo Anjala, CFO of Teknos. “IFS Applications offers deep functionality for the specific processes of the paint industry. By using a standard application with a large customer base in the industry, we will get the benefit of ongoing development of new industry-specific functionality and technologies in the future.”
The process industry is one of IFS’ seven targeted markets. IFS provides industry-specific functionality for enterprises in paint and ink, 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 and product lifecycle management solution. IFS customers in the chemicals industry include DuPont, Jotun, Dyrup, Flint Group, Willamette Valley Company, Akzo Nobel, and Becker Industrial Coatings.
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 2008 was SKr 2.5 billion.The information is that which IFS is required to declare by the Securities Business Act and/or the Financial Instruments Trading Act. The information was submitted for publication on March 25, 2009, at 11.00