CDC Software Corporation (NASDAQ: CDCS), a hybrid enterprise
software provider of on-premise and cloud deployments, announced
that Coty Inc., a leading global beauty company and one of the
world’s largest fragrance manufacturers, plans to implement CDC
Factory’s manufacturing operations management (MOM) solution to
help improve efficiencies and drive productivity at this $4 billion
company.
Following a CDC Factory Benchmark Audit, Coty identified
opportunities for significant cost savings at its Sanford, North
Carolina plant. As part of the Sanford operations’ plans to improve
plant efficiencies and utilization, Coty had already implemented
its own lean initiatives. This resulted in significant
improvements; however, Coty wanted to make these initiatives
sustainable while using its own home grown system. As a result,
Coty decided to implement CDC Factory so it could measure and drive
actions in real time to generate cost savings.
According to Brian O’Neil, vice president of Coty Operations,
“We understand the power of lean manufacturing in lowering overall
operating costs, and in engaging our work force in collecting and
using their own data to drive improvements. In our initial lean
projects, we did yield some benefits; however, we were looking to
raise performance to the next level. To accomplish that goal, we
realized the need for real-time intelligence and a better
continuous improvement structure. With the implementation of CDC
Factory, and leveraging CDC Software’s expertise in this area, we
expect to see reduced costs and increased efficiencies at our
plant, while positively impacting our employee culture.”
“We are delighted to add this global beauty company to our
expanding Consumer Packaged Goods (CPG) customer base,” said Mark
Sutcliffe, president of CDC Factory, a product line and business of
CDC Software. “More and more CPG companies are using CDC Factory to
help address today’s business challenges of rising commodity and
fuel prices and a slowly recovering economy. CDC Factory not only
helps address these high level issues, but it also provides a
system for manufacturers to execute meaningful and productive
change management and efficiency improvements that will position
them for long-term growth.”
About CDC Factory
CDC Factory is a packaged manufacturing operations management
system that transforms manufacturing performance by empowering
people to make real-time actionable decisions. CDC Factory is a
platform that is used to standardize improved daily work control
practices and formalize the continuous improvement initiatives
already in place. CDC Factory integrates the functionality of shop
floor data capture, packaged metrics like Overall Equipment
Effectiveness (OEE), analytics and scorecards, continuous
improvement capabilities and paperless quality management. The
technology is combined with a proven change method that focuses on
developing a structure of daily performance reviews to help drive
better performance every run, every shift, every day. The process
aids in the development of operator skills so they are better able
to drive their own improvements and is deployed typically in less
than six weeks per factory. For more information, visit:
www.cdcfactory.com.
About Coty Inc.
Coty was created in Paris in 1904 by Francois
Coty who is credited with founding the modern fragrance
industry. Today, Coty Inc. is a recognized leader in global beauty
with annual net sales of nearly $4 billion. Driven by an
entrepreneurial spirit, passion, innovation and creativity, Coty
Inc. has developed an unrivaled portfolio of notable brands and
delivers its innovative products to consumers in 90 markets
worldwide.
The Coty Prestige brand portfolio is distributed in prestige and
ultra-prestige stores and includes Balenciaga, Bottega Veneta,
Calvin Klein, Cerruti, Chloé, Chopard, Davidoff, Jennifer Lopez,
Jil Sander, JOOP!, Karl Lagerfeld, Kenneth Cole, L.A.M.B. fragrance
by Gwen Stefani, Lancaster, Marc Jacobs, Nikos, philosophy, Sarah
Jessica Parker, Vera Wang, Vivienne Westwood and Wolfgang Joop.
The Coty Beauty brand portfolio is more widely distributed and
includes adidas, ASTOR, Baby Phat, Beyoncé Knowles, Celine Dion,
Chupa Chups, David and Victoria Beckham, Esprit, Exclamation, Faith
Hill, GUESS?, Halle Berry, Heidi Klum, Jovan, Kate Moss, Kylie
Minogue, La Cross, Lady Gaga, Manhattan, Manhattan Clearface, Miss
Sporty, Nautica, N.Y.C. New York Color, Nicole by OPI, OPI, Pierre
Cardin, Playboy, Rimmel, Sally Hansen, Stetson, Tim McGraw, TJoy
and Tonino Lamborghini.
Coty and Puig Fashion and Beauty S.L. have a strategic
partnership for the distribution of the perfume lines of Antonio
Banderas, Carolina Herrera, Nina Ricci, Prada, Paco Rabanne and
Shakira in the United States and Canada.
About CDC Software
CDC Software (NASDAQ: CDCS), The Customer-Driven Company™, is a
hybrid enterprise software provider of on-premise and cloud
deployments. Leveraging a service-oriented architecture (SOA), CDC
Software offers multiple delivery options for their solutions
including on-premise, hosted, cloud-based Software as a Service
(SaaS) or blended-hybrid deployment offerings. CDC Software’s
solutions include enterprise resource planning (ERP), manufacturing
operations management, enterprise manufacturing intelligence,
supply chain management (demand management, order management and
warehouse and transportation management), global trade management,
e-Commerce, human capital management, customer relationship
management (CRM), complaint management and aged care solutions.
CDC Software’s recent acquisitions are part of its “integrate,
innovate and grow” strategy. Fueling the success of this strategy
is the company’s global scalable business and technology
infrastructure featuring multiple complementary applications and
services, domain expertise in vertical markets, cost effective
product engineering centers in India and China, a highly
collaborative and fast product development process utilizing Agile
methodologies, and a worldwide network of direct sales and channel
operations. This strategy has helped CDC Software deliver
innovative and industry-specific solutions to 10,000 customers
worldwide within the manufacturing, distribution, transportation,
retail, government, real estate, financial services, health care,
and not-for-profit industries. For more information, please visit
www.cdcsoftware.com.
Cautionary Note Regarding Forward-Looking Statements
This press release includes "forward-looking statements" within
the meaning of the United States Private Securities Litigation
Reform Act of 1995, and includes statements relating to our beliefs
regarding our solutions’ ability to be rapidly implemented, measure
and drive actions in real time to generate cost savings, help
address today’s business challenges, help our customers expand
business, increase capacity, reduce costs, engage workforces and
positively impact employee culture, increase line or other
efficiencies and drive productivity and operational excellence,
improve labor utilization, reduce changeover times, address
variability and minor stops, standardize metrics and data, our
beliefs regarding CDC Factory’s ability to provide real-time
workforce empowerment and real-time visibility into operating
metrics, beliefs regarding the suitability of CDC Factory for any
particular business or customer, our ability to manage change
within an organization and incorporate best practices, our beliefs
regarding the adoption of CDC Factory by manufacturers of consumer
packaged goods and the reasons therefore, our ability to continue
to grow in the future, and other statements we may make. These
statements are based on management's current expectations and are
subject to risks and uncertainties and changes in circumstances.
There are important factors that could cause actual results to
differ materially from those anticipated in the forward looking
statements including, among others: the conditions of market; the
continued ability of CDC Factory solutions to address
manufacturer's business requirements; demand for and market
acceptance of new and existing manufacturing operations management
solutions; and development of new functionalities which would allow
companies to compete more effectively. Further information on risks
or other factors that could cause results to differ is detailed in
our filings or submissions with the United States Securities and
Exchange Commission, including our Annual Report on Form 20-F for
the year ended December 31, 2009, filed with the SEC on June 1,
2010, and those of our ultimate parent company, CDC Corporation,
located at www.sec.gov. All forward-looking statements included in
this press release are based upon information available to
management as of the date of the press release, and you are
cautioned not to place undue reliance on any forward looking
statements which speak only as of the date of this press release.
Results vary from customer to customer based upon particular facts
and circumstances. The company assumes no obligation to update or
alter the forward looking statements whether as a result of new
information, future events or otherwise. Historical results are not
indicative of future performance.
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