SANTA BARBARA, Calif. -- June 7, 2018 -- QAD Inc. (Nasdaq: QADA) (Nasdaq: QADB), a leading provider of flexible, cloud-based enterprise software and services for global manufacturing companies, today announced that it will exhibit at the AIAG 2018 Supply Chain Summit June 19. QAD will demonstrate QAD Cloud ERP Automotive Edition at booth #2. In addition, QAD Automotive Director Terry Onica will be part of a panel titled SCM Succession Planning and Mentorship Best Practices which will discuss effective mentorship models and succession-planning best practices.
AIAG will host this year's summit, titled "Is Your Supply Chain Ready?" at the Laurel Manor Banquet and Conference Center in Livonia, Michigan. The agenda features sessions focused on a variety of automotive supply chain-focused issues including:
- The current status of the Third Party Information Security Committee's project to develop a consistent set of cybersecurity guidelines for the supply chain
- The need to attract and retain the next generation of industry professionals
- Using big data and analytics to improve projects and streamline processes
- The concept of "Industry 4.0" in relation to this new era of manufacturing characterized by the physical and digital technologies driving significant changes in manufacturing
"The AIAG Supply Chain Summit is an extremely important event and I look forward to participating," said Onica. "One of QAD's unique strengths is that that we work with industry groups like AIAG to help refine industry processes via global standards development and best practices. AIAG brings together an important collection of industry experts and there is no better place than an AIAG event to meet with your peers, discuss ideas and learn the latest trends."
QAD Cloud ERP Automotive Edition is a solution that effectively addresses automotive industry requirements. Its automotive-specific processes and built-in industry best practices help automotive suppliers reduce costs, mitigate supply chain risk and improve supply chain planning and visibility. In addition, it helps automotive manufacturers comply with the automotive industry standard ISO/TS 16949 on the quality front, Materials Management Operations Guideline/Logistics Evaluation (MMOG/LE) on the delivery side, and electronic data interchange (EDI) for transacting and communicating across the supply chain.
Established in 1982, AIAG is a not-for-profit association where professionals from a diverse group of stakeholders - including retailers, suppliers of all sizes, automakers, manufacturers, service providers, academia and government - work collaboratively to streamline industry processes via global standards development and harmonized business practices. To learn more about AIAG, visit www.aiag.org.
About QAD – The Effective Enterprise
QAD Inc. (Nasdaq: QADA) (Nasdaq: QADB) is a leading provider of flexible, cloud-based enterprise software and services for global manufacturing companies. QAD Cloud ERP for manufacturing supports operational requirements in the areas of financials, customer management, supply chain, manufacturing, service and support, analytics, business process management and integration. QAD's portfolio includes related solutions for quality management software, supply chain management software, transportation and global trade management software and B2B interoperability. Since 1979, QAD solutions have enabled customers in the automotive, consumer products, food and beverage, high tech, industrial manufacturing and life sciences industries to better align operations with their strategic goals to become Effective Enterprises.
To learn more, visit https://www.qad.com or call +1 805-566-6000.
"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, including, but not limited to, statements regarding projections of revenue, income and loss, capital expenditures, plans and objectives of management regarding the company's business, future economic performance or any of the assumptions underlying or relating to any of the foregoing. Forward-looking statements are based on the company's current expectations. Words such as "expects," "believes," "anticipates," "could," "will likely result," "estimates," "intends," "may," "projects," "should," "would," "might," "plan" and variations of these words and similar expressions are intended to identify these forward-looking statements. 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: risks associated with our cloud service offerings, such as defects and disruptions in our services, our ability to properly manage our cloud service offerings, our reliance on third-party hosting and other service providers, and our exposure to liability and loss from security breaches; demand for the company's products, including cloud service, licenses, services and maintenance; pressure to make concessions on our pricing and changes in our pricing models; protection of our intellectual property; dependence on third-party suppliers and other third-party relationships, such as sales, services and marketing channels; changes in our revenue, earnings, operating expenses and margins; the reliability of our financial forecasts and estimates of the costs and benefits of transactions; the ability to leverage changes in technology; defects in our software products and services; third-party opinions about the company; competition in our industry; the ability to recruit and retain key personnel; delays in sales; timely and effective integration of newly acquired businesses; economic conditions in our vertical markets and worldwide; exchange rate fluctuations; and the global political environment. For a more detailed description of the risk factors associated with the company and factors that may affect our forward-looking statements, please refer to the company's latest Annual Report on Form 10-K and, in particular, the section entitled "Risk Factors" therein, and in other periodic reports the company files with the Securities and Exchange Commission thereafter. Management does not undertake to update these forward-looking statements except as required by law.