Lawson demonstrates latest analysis tool and reveals findings from ‘Supply Chain Performance in the Sports Apparel Industry’ survey
(STOCKHOLM, SWEDEN, APRIL 06 2009) Lawson Software announces that it will attend the IMB 2009 Global Trade Fair for the Clothing and Textile Processing Industry, which will be held in Köln (Germany) April 21-24, 2009.
Lawson will demonstrate its industry solutions including Lawson Product Lifecycle Management (PLM), QuickStep Fashion, Fashion Planning Workbench, and in particular recently announced Lawson M3 Analytics. This solution helps manufacturing companies in the clothing industry simplify deployment of a complete package of business intelligence tools without having to develop analytics tools in-house. The application includes a specific set of pre-configured key performance indicators (KPIs) and pre-built scorecards providing companies with a more complete, measurable view of their operations in only a few weeks. “Now more than ever, management needs timely information to make better decisions fast,” said Andrew Dalziel, marketing director Fashion at Lawson.
At IMB 2009 Lawson will also make public the findings of a newly commissioned survey on sourcing strategies and performance of sportswear companies called ‘The Supply Chain Performance in the Sportswear Sector: Analysis of Key Performance Metrics’. This report helps identifying the hidden costs of outsourcing, the key performance metrics that can help sportswear companies benchmark themselves and how IT can help attain both right quality and low costs.
“IMB is the world’s leading trade fair for the clothing and textile industry. It provides us with an excellent opportunity to interact with our customers, discuss the current challenges the industry is facing, offer an appropriate infrastructure and a good business process platform,” Dalziel continued. “These times favor those companies who can reduce time-to-market, manage inventories better, and respond faster to changing market conditions.”
Lawson is well positioned in the fashion industry serving over 350 customers in the apparel, footwear, home textiles and accessories industry around the globe.
About Lawson Software
Lawson Software provides software and service solutions to 4,500 customers in manufacturing, distribution, maintenance and service sector industries across 40 countries. Lawson’s solutions include Enterprise Performance Management, Human Capital Management, Supply Chain Management, Enterprise Resource Planning, Customer Relationship Management, Manufacturing Resource Planning, Enterprise Asset Management and industry-tailored applications. Lawson solutions assist customers in simplifying their businesses or organizations by helping them streamline processes, reduce costs and enhance business or operational performance. Lawson is headquartered in St. Paul, Minn., and has offices around the world. Visit Lawson online at www.lawson.com.
Forward-Looking Statements This press release contains forward-looking statements that contain risks and uncertainties. These forward-looking statements contain statements of intent, belief or current expectations of Lawson Software and its management. Such forward-looking statements are not guarantees of future results and involve risks and uncertainties that may cause actual results to differ materially from the potential results discussed in the forward-looking statements. The company is not obligated to update forward-looking statements based on circumstances or events that occur in the future. Risks and uncertainties that may cause such differences include but are not limited to: uncertainties in uncertainties in the software industry; uncertainties as to when and whether the conditions for the recognition of deferred revenue will be satisfied; increased competition; general economic conditions; the impact of foreign currency exchange rate fluctuations; continuation of the global credit crisis; global military conflicts; terrorist attacks; pandemics, and any future events in response to these developments; changes in conditions in the company’s targeted industries and other risk factors listed in the company’s most recent Annual Report on Form 10-K filed with the Securities and Exchange Commission. Lawson assumes no obligation to update any forward-looking information contained in this press release.