QAD Inc. (NASDAQ:QADA) (NASDAQ:QADB), leading provider of enterprise business software and services for global manufacturing companies, today announced Marshall Electric Corporation, a provider of automotive ignition coils, utilized the QAD On Demand enterprise resource planning (ERP) solution to help earn Ford Q1 status, a key automotive OEM compliance certification. As a result of achieving Ford Q1, Marshall Electric has more than doubled its business from $12 million to $26 million since implementation of QAD in 2010.
“We investigated other ERP systems, like SAP and other mid-level software but QAD offered the only solution that met our specific requirements such as China-ready internationalization,” said Dan Miller, president of Marshall Electric Corporation. “Recommended by another QAD customer as a solution with superior support to achieve Ford Q1 status, the decision to move forward with QAD On Demand was easy.”
QAD On Demand with its built-in process maps enabled Marshall Electric to efficiently meet Materials Management Operations Guidelines/Logistics Evaluation (MMOG/LE) Level A requirements. This is a mandatory requirement that proves to Ford that the supply chain management processes in use at Marshall Electric follow best practices and are deemed world-class. With Ford Q1, Marshall Electric is viable to gain business from Ford and from other automotive manufacturers as well.
Grows Business without the Need to Invest in ITQAD On Demand allows Marshall Electric to continue to simplify operations and communications between their Chinese manufacturing facility and their U.S. warehouse. As a result of these efficiencies with QAD On Demand, and implementation of MMOG/LE best practices, Marshall Electric has been able to sustain continued growth and productivity, adding only one new full-time employee to their office staff and requiring no IT in-house staff. “For more than 20 years, QAD has worked with automotive suppliers, the Automotive Industry Action Group (AIAG) in the U.S. and with Odette in Europe, to develop the methods and systems that help automotive manufacturers become more effective,” said Terry Onica, QAD senior director, automotive vertical. “Our customers have come to rely on QAD to help them discover low-cost solutions with fast implementation for opportunities in key markets, such as Brazil, Russia, India and China.”
Select the service that is right for you!COMPARE ALL SERVICES
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
- Real Money + Doug Kass + 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV