SANTA BARBARA, Calif. — December 2, 2014 — QAD Inc. (NASDAQ:QADA) (NASDAQ:QADB), a leading provider of cloud enterprise resource planning (ERP) solutions and services for global manufacturers, announced today that eight out of the top ten, and 48 of the top 100, global automotive suppliers use QAD ERP.
A recent report from Automotive News revealed that 48 of the top 100 global automotive suppliers listed use QAD solutions. These QAD customers generated revenue of approximately $400 billion in 2013, more than half of the estimated market total revenue of $720 billion. QAD ERP is currently deployed at automotive supplier facilities in 60 countries.
QAD Enterprise Applications includes industry-specific functionality for automotive suppliers such as OEM specific EDI and bar coding in addition to standard web-based supplier communications, release management, business process management, business intelligence, supply chain management, lean manufacturing and financials.
QAD is an industry leader in sharing manufacturing best practices and collaborates with the Automotive Industry Action Group (AIAG) in the U.S. and with Odette in Europe to develop methods and systems to support the global Materials Management Operations Guidelines/Logistics Evaluation (MMOG/LE) standard; a critical program that ensures that global manufacturers are operating at maximum efficiency.
“The vast majority of all cars on the road have components manufactured by QAD customers,” said QAD Automotive Director Terry Onica. “Our penetration in this most demanding and competitive of industries is a testament to the effectiveness of QAD ERP.”
About QAD – The Effective Enterprise
QAD Inc. (NASDAQ: QADA) (NASDAQ: QADB) is a leading provider of enterprise software and services designed for global manufacturing companies. For more than 30 years, QAD has provided global manufacturing companies with QAD Enterprise Applications, an enterprise resource planning (ERP) system that supports operational requirements, including financials, manufacturing, demand and supply chain planning, customer management, business intelligence and business process management. QAD Enterprise Applications is offered in flexible deployment models as on-premise software, in the cloud with QAD Cloud ERP or in a blended environment. With QAD, customers and partners in the automotive, consumer products, food and beverage, high technology, industrial products and life sciences industries can better align daily operations with their strategic goals to meet their vision of becoming more Effective Enterprises.
For more information about QAD, call +1 805-566-6000, visit 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.
For additional information, contact:
Patrick McLaughlin
Media Relations
734.255.6466
Evan Quinn
Analyst Relations
617.869.7335
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