DENVER, July 16, 2003 – The increasingly tight clamp on capital budgets continues to force heavily capitalized organizations to extend and optimize every aspect of their plant and equipment performance.
Delivering on its commitment to develop industry-specific software solutions, J.D. Edwards & Co. announced the global, cross-industry adoption of its Asset Lifecycle Optimization solutions, including a uniquely rich set of tailored solutions for companies that count on reliable and efficient performance of their equipment.
J.D. Edwards 5 Asset Lifecycle Optimization solutions rapidly deliver value throughout all phases of its users’ asset lifecycle. The breadth of the newly announced solution addresses strategic planning and acquisition, daily operations, maintenance and vendor management through end-of-life planning and disposal.
Customers using or implementing J.D. Edwards Asset Lifecycle Optimization software include mining companies Teckcominco and Meridian Gold, paper and packaging companies Mondi and Emin Leydier, industrial gas companies Praxair and Caribbean Nitrogen, as well as Farmer Brothers Coffee Company, Eaton Automotive and the Honolulu Board of Water Supply.
“Recognition of the need for closer management of all classes of capital assets across all lifecycle stages is clearly gaining momentum in the asset-intensive industries,” said Sid Snitkin, ARC Advisory Group. “J.D. Edwards’ broad solution set provides an easy way for asset-focused organizations to manage their current business needs and prepare for future growth.”
J.D. Edwards Asset Lifecycle Optimization can help companies optimize assets by:
– Increasing financial & operational visibility into all areas of production
– Reducing capital expenditures and extending asset life
– Improving ROI of capital expenditures
– Increasing collaboration among independent business units
– Improving decision making at all levels of the organization
With J.D. Edwards 5 EAM (Enterprise Asset Management), SNO (Strategic Network Optimization), Project Management and Financials as core products in the Asset Lifecycle Optimization offering, the complete solution incorporates functionalities relevant for asset-intensive, project and service, industrial manufacturing and consumer-focused companies.
“Our Asset Lifecycle Optimization ties together the strengths of EAM and SNO. SNO manages the overall network of assets, while EAM manages each asset individually, then delivers operating information back to the decision makers,” said Bill Allen, vice president and general manager, asset intensive industries, J.D. Edwards. “The unique functionality in J.D. Edwards 5 supplies the balance needed to monitor the entire process.”
As part of the Asset Lifecycle Optimization offering, the J.D. Edwards Asset Intensive services organization helps to ensure customers achieve quick time to benefit by establishing asset lifecycle optimization processes leveraging the J.D. Edwards solution. Together as a team, J.D. Edwards’ products and services help customers realize measurable benefits in productivity, quality, availability, efficiency, deferred capital investment, and reduced unit costs.
“With Asset Lifecycle Optimization, organizations now have the complete solution to improve operating efficiencies, regardless of external influences in the market,” said Jim Upton, senior product marketing manager, EAM, at J.D. Edwards. “J.D. Edwards stands out as the leading provider of a full solution set for optimizing assets. The detailed visibility into all areas of the organization enhances decision making and enables execution of key strategies.”
About J.D. Edwards & Company
J.D. Edwards (Nasdaq: JDEC) makes customers stronger, enabling them to solve their most important business challenges. The company designs, develops and markets collaborative enterprise software and consulting, education and support services. J.D. Edwards’ offerings are differentiated by a deeply ingrained attitude of listening to customers, innovating on their behalf, and delivering solutions as part of a results-oriented relationship. Founded in 1977 and headquartered in Denver, Colo., J.D. Edwards focuses on long-term business partnerships and helping its 6,700 customers in more than 110 countries manage their business processes, supply chains, enterprise assets, and supplier and customer relationships. For more information: www.jdedwards.com or 1-800-727-5333.