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Leading Industrial Distributor ADOX/OKI Selects TECSYS' WMSTECSYS' Streamline(R) and WMS Forge an End-To-End Solution For Industrial Distributors (December 08, 2011)
MONTREAL, QUEBEC -- (Marketwire) -- 12/08/11 -- TECSYS Inc. (TSX:TCS), an industry-leading supply chain management software company announced today that ADOX/OKI, Canada's market leading industrial distributor, has selected TECSYS' Warehouse Management Software (WMS) to drive increased efficiency and accuracy in the warehouse and heightened service levels to the Company's resellers across the country.
ADOX/OKI (OKI Bering Canada) has been serving manufacturers and distributors of industrial, safety, and welding products since 1979. The Company sells through recognized/authorized distributors; experts in integrated supply of multiple quality product lines with the most complete solutions and services available to the industrial distribution market today.
ADOX/OKI has built its reputation on providing a large inventory of quality products at competitive prices along with excellent service to meet the ever-changing needs of its customers. With over 100,000 products in inventory, 4000 sales orders per month to some 3500 dealers across Canada, service is a key differentiator in a very competitive market. The Company needed to further streamline its supply chain and improve the efficiency and costs of its logistics' processes in the warehouse; move from paper-based to system-directed processes with RFID technology.
"We are bringing together the industry's best industrial distribution software with a top tier warehouse management system (WMS) from the same supplier," commented John Leclair President of ADOX/OKI "We already have been benefiting from TECSYS' Streamline in the past couple of years, helping us achieve a 20% reduction in inventory, 10% improvement in fill rate and a hefty 50% reduction in administrative man hours. With the addition of TECSYS' WMS, we are leaping forward to achieve our goal of 100% order accuracy and ship complete in the same day, plus we will be able to do a lot more with the same number of people. With TECSYS we will be at the leading edge of our industry in productivity, efficiency and customer service."
TECSYS' WMS is a market-leading, robust and feature-rich solution that empowers logistics managers to reduce warehouse inefficiencies, increase order accuracy, improve inventory management, and at the same time deliver stellar customer service. TECSYS' WMS key advantages include: Visual Logistics(TM), real scalability, accessibility from anywhere at any time and extended supply chain execution capabilities beyond the warehouse.
TECSYS' Streamline is a suite of enterprise software for the SMB industrial distribution sector. The product line includes: Sales Order Management, Inventory Management, Customer Service Inquiry, Job Costing, Financials, Price Book Integration, e-Commerce, and Executive Management applications.
TECSYS is a leading supply chain management software provider that delivers powerful enterprise distribution, warehouse and transportation logistics software solutions. The company's customers include more than 500 mid-size and Fortune 1000 corporations in healthcare, heavy equipment, third-party logistics, and general wholesale high-volume distribution industries. TECSYS' shares are listed on the Toronto Stock Exchange under the ticker symbol TCS.
The statements in this news release relating to matters that are not historical fact are forward looking statements that are based on management's beliefs and assumptions. Such statements are not guarantees of future performance and are subject to a number of uncertainties, including but not limited to future economic conditions, the markets that TECSYS Inc. serves, the actions of competitors, major new technological trends, and other factors beyond the control of TECSYS Inc., which could cause actual results to differ materially from such statements. More information about the risks and uncertainties associated with TECSYS Inc.'s business can be found in the MD&A section of the Company's annual report and annual information form for the fiscal year ended April 30th, 2011. These documents have been filed with the Canadian securities commissions and are available on our website (www.tecsys.com) and on SEDAR (www.sedar.com).
Copyright ?? TECSYS Inc. 2011. All names, trademarks, products, and services mentioned are registered or unregistered trademarks of their respective owners.
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