At the 2013 AIAG Supply Chain Summit taking place at the Inn at St. John’s in Plymouth, Michigan, today, representatives from QAD Inc. (NASDAQ:QADA) (NASDAQ:QADB), Ford, Chrysler and GM will discuss use of the Materials Management Operations Guidelines/Logistics Evaluation ( MMOG/LE) as a tool to support supplier assessment. Dave Doyle, a business consultant from QAD’s Global Automotive Team, will join other expert automotive manufacturing panelists to speak about the value of using the tool based on case studies and supplier feedback. MMOG/LE supports automotive manufacturers in assessing, improving and benchmarking materials management and logistics processes. This tool from the AIAG (Automotive Industry Action Group) and the Odette International organizations helps manufacturers uncover critical areas where automation and systems can significantly increase plant efficiency, reduce supply chain risk and streamline processes. “Our global experts from Chrysler, Ford, GM and QAD show how MMOG/LE can be used to enhance the business relationship between the supplier and their customers,” said Nancy Malo, AIAG MMOG/LE program manager. “The goal of the MMOG/LE assessment is to increase supply chain efficiency and provide quality delivery service – this can translate into better business opportunity for suppliers.” The panel will present case studies on improvements related to inventory management, capacity planning and administrative time as a result of the adoption of the MMOG/LE standard. These case studies will also show the benefits of using the assessment tool to engage senior leadership, enhance sub-supplier performance, increase employee skill sets and positively impact revenue and operational performance metrics. One case study will reveal how the supplier doubled sales in three years without increasing staff. “QAD is pleased to present with our esteemed colleagues in the AIAG Supply Chain Summit,” said Terry Onica, QAD senior director, QAD Global Automotive. “QAD focuses on helping our customers achieve the highest possible supplier ratings while aligning their business processes for peak efficiency with their strategic goals. This defines the Effective Enterprise, the QAD vision for its global manufacturing customers.” QAD Enterprise Applications and the Effective Enterprise in Automotive Manufacturing QAD has a leadership position in many automotive markets for automotive parts manufacturers. The company offers MMOG/LE support, consultation, tools and resources to help suppliers implement the required business systems and prepare for internal reviews and customer MMOG/LE audits. QAD provides effective MMOG/LE support to customers around the world. Whether in mature or emerging markets, suppliers leverage QAD’s MMOG/LE products and services to achieve preferred supplier status and improve performance as an Effective Enterprise.
To find out more about QAD tools to support the MMOG/LE process, contact: firstname.lastname@example.org.About AIAG AIAG is a unique not-for-profit organization where, for more than 30 years, OEMs, suppliers, service providers, government entities and individuals in academia have worked collaboratively to drive down costs and complexity from the supply chain via global standards development and harmonized business practices. AIAG membership has grown to more than 960 members and includes renowned global manufacturers and many of their parts suppliers and service providers. For more information, visit www.AIAG.org. About QAD QAD is a leading provider of enterprise applications for global manufacturing companies specializing in automotive, consumer products, electronics, food and beverage, industrial and life sciences products. QAD applications provide critical functionality for managing manufacturing resources and operations within and beyond the enterprise, enabling global manufacturers to collaborate with their customers, suppliers and partners to make and deliver the right product, at the right cost and at the right time. For more information about QAD, telephone +1 805-566-6000, or visit the QAD web site at www.qad.com. "QAD" is a registered trademark of QAD Inc. All other products or company names herein may be trademarks of their respective owners. Note to Investors: This press release contains certain forward-looking statements made under the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. Words such as “expects,” “believes,” “anticipates,” “could,” “will likely result,” “estimates,” “intends,” “may,” “projects,” “should,” and variations of these words and similar expressions are intended to identify these forward looking statements. Forward-looking statements are based on the company’s current expectations and assumptions regarding its business, the economy and future conditions. A number of risks and uncertainties could cause actual results to differ materially from those in the forward-looking statements. These risks include, but are not limited to, evolving demand for the company's software products and products that operate with the company's products; the company's ability to sustain license and service demand; the company's ability to leverage changes in technology; the company's ability to sustain customer renewal rates at current levels; the publication of opinions by industry and financial analysts about the company, its products and technology; the reliability of estimates of transaction and integration costs and benefits; the entry of new competitors or new offerings by existing competitors and the associated announcement of new products and technological advances by them; delays in localizing the company's products for new or existing markets; the ability to recruit and retain key personnel; delays in sales as a result of lengthy sales cycles; changes in operating expenses, pricing, timing of new product releases, the method of product distribution or product mix; timely and effective integration of newly acquired businesses; general economic conditions; exchange rate fluctuations; and, the global political environment. In addition, revenue and earnings in the enterprise resource planning (ERP) software industry are subject to fluctuations. Software license revenue, in particular, is subject to variability with a significant proportion of revenue earned in the last month of each quarter. Given the high margins associated with license revenue, modest fluctuations can have a substantial impact on net income. Investors should not use any one quarter's results as a benchmark for future performance. For a more detailed description of the risk factors associated with the company and the industries in which it operates, please refer to the company's Annual Report on Form 10-K for fiscal 2013 ended January 31, 2013, and in particular, the section entitled “Risk Factors” therein, and in other periodic reports the company files with the Securities and Exchange Commission.