Syncron, a global leader in supply chain software solutions, today announced that Finland-based Konecranes PLC, one of the world’s largest manufacturers of cranes and lifting equipment, will implement both Syncron Global Inventory Management and Syncron Global Price Management solutions to optimize and integrate its critical service parts processes and strengthen its global aftermarket strategy.
Syncron Global Inventory Management supports manufacturers and distributors with advanced planning, replenishment and optimization of parts inventory across a global supply chain to eliminate excess and obsolete inventory, raise customer service levels, and operate significantly more efficient inventory management processes.
The Syncron Global Price Management solution delivers effective price strategies and structured processes for the service parts business. The solution supports each step of the service parts pricing process with a defined framework for price setting, execution, communication and analysis providing advanced analytical capabilities, multiple pricelist and multiple currency capabilities. The functionality enables companies to adopt a smarter, more sophisticated parts pricing approach to support global sales and distribution channels.
“Creating one single integrated system for parts planning and pricing enables us to effectively optimize inventory levels and raise customer service to ensure parts are available and correctly priced across each sales channel and in each market that we support,” said Juha Pankakoski, VP and Head of Business Unit Parts, Konecranes. “With improved parts availability and optimized pricing we will be even more competitive in growing market share and revenue for the service parts business.
“We are very pleased that Konecranes selected Syncron Global Inventory Management and Global Price Management solutions to support their service parts objectives,” said Anders Grudén, CEO, Syncron International.
About Konecranes
Konecranes is a world-leading group of Lifting Businesses™, serving a broad range of customers, including manufacturing and process industries, shipyards, ports and terminals. Konecranes provides productivity-enhancing lifting solutions as well as services for lifting equipment and machine tools of all makes. In 2010, Group sales totaled EUR 1,546 million. The Group has 11,200 employees at 578 locations in 46 countries. Konecranes is listed on the NASDAQ OMX Helsinki (symbol: KCR1V).
About Syncron
Syncron is a global software company focused on supporting corporations in the manufacturing and distribution industry with leading edge, process centric applications to make significant improvements to customer experience and financial performance. Syncron’s ERP-independent software solutions for global inventory management, global order management, global price management and master data management are implemented faster and at lower cost than other solutions. Syncron clients are market-leading companies within the industries of aerospace and defense, automotive, consumer and industrial products, industrial equipment, and mining and construction equipment. Syncron has offices around the world. Visit http://www.syncron.com for more information.
For more information, please contact:
Anders Grudén, CEO Syncron International AB
Mobile: +46 (0)70 834 59 10
E-mail: anders.gruden@syncron.com
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