Downers Grove, IL -- March 10, 2005 -- Integrated Warehousing Solutions, LLC, a leading provider of Supply Chain execution solutions, announced today that Finland-based Elcoteq Network Corporation (Helsinki Stock Exchange: ELQAV) has selected the IRMS Warehouse Management System as their Global Supply Chain Management solution.
Elcoteq Network Corporation is a leading Global Electronics Manufacturing Services (EMS) company with Original Design Manufacturing (ODM) capabilities in the communications technology field. They provide global end-to-end solutions, including design, NPI, manufacturing, supply chain management and after-sales services for the lifecycle of its customers' products, everything from mobile phones to microwave radios.
Nearing a scheduled summer Go-Live, IRMS is being implemented at multiple Elcoteq facilities beginning in North America for global inventory visibility throughout the manufacturing process, including Vendor Managed Inventory and Consignment Inventory at both the raw materials and finished goods levels.
IRMS will be seamlessly integrated with BaaN and TIBCO as well as Elcoteq's own manufacturing execution solutions, to provide total item-level inventory control, including lot control for management of inventory aging (shelf life), as well as improve inventory accuracy, supplier support and customer service.
"Very few industries drive innovation in the Global Supply Chain like Electronic Manufacturing does," noted Integrated Warehousing Solutions President, Carl Brewer. "It is a great honor and challenge to have our Global Supply Chain solution selected by one of the leading EMS providers. This extremely complex project will lift our solution, thinking and execution to new levels of excellence in providing demand-driven Supply Chain solutions."
About Elcoteq Network Corporation
Elcoteq Network Corporation is one of the largest electronics manufacturing services companies in the communications technology field. Elcoteq provides globally end-to-end solutions consisting of design, NPI, manufacturing, supply chain management and after-sales services for the whole lifecycle of its customers' products. The company operates on three continents in 11 countries and has approximately 12,300 employees. Elcoteq's consolidated net sales for 2003 totaled MEUR 2,235.7 (2.9 Billion Euros). Elcoteq Network Corporation is listed on the Helsinki Exchanges. More information on the company is available at www.elcoteq.com.
About Integrated Warehousing Solutions
Integrated Warehousing Solutions is a global supplier of industry-leading supply chain execution, distribution and inventory control solutions. Their award-winning IRMS Warehouse Management System delivers the lowest cost-of-ownership application that is rapidly implemented and easily integrated with all industry-leading enterprise applications.
With the expertise of more than 150 industry and systems experts, Integrated Warehousing Solutions supports a worldwide account base in more than 20 countries with supply chain solutions deployed in four different languages. Integrated Warehousing Solutions, an operating unit of UPP Business Holdings, Inc., is headquartered in Downers Grove, Illinois, and can be reached at 800-682-2910 or on the web at www.irmswms.com.
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