Business Services Industry

MatrixOne Extends Product Collaboration Capabilities Into Supplier Relationship Management

Business Wire, May 30, 2002

Business/Technology Editors

WESTFORD, Mass.--(BUSINESS WIRE)--May 30, 2002

Strategy Links Strategic Sourcing and Supplier Collaboration Directly

to Product Development Processes and Data

MatrixOne, Inc. (NASDAQ: MONE), the leading provider of product collaboration solutions for the value chain, today announced a strategy for Supplier Relationship Management (SRM), extending its strength and position across the entire product lifecycle. MatrixOne's robust set of sourcing and supplier tools enables enterprises to collaborate with suppliers during the innovation phase of a product's life cycle to make key profitable decisions in design, strategic sourcing, supplier development, and quality management processes. With the announcement, MatrixOne advances product collaboration by empowering enterprises to leverage the processes involved with product development and program management.

MatrixOne's SRM solution will allow enterprises to:

-- Accelerate time-to-market by leveraging the PLM capabilities including product data and specifications further across the product lifecycle into Sourcing and Supplier quality management;

-- Increase innovation by allowing supplier involvement from the earliest stages of the product design phase;

-- Lower sourcing costs by providing buyers streamlined strategic sourcing, negotiation and decision support capabilities;

-- Improve the quality of suppliers and products through collaborative supplier development, monitoring, and quality management capabilities;

-- Decrease cost through content management that enables search for alternative parts and suppliers for standard components; and

-- Extend supplier enablement through Web Services.

For a detailed discussion on the products behind MatrixOne's SRM strategy, please read today's associated press release, "MatrixOne Launches Supplier Relationship Management Application Suite."

"An enterprise's ability to gain competitive advantage and quickly develop innovative products includes strong process management across the product lifecycle and early, tight interaction with suppliers. The integration of supplier relationship management functionality into product lifecycle management solutions will support these process changes," said Karen Peterson, vice president and research director for supply chain management at Gartner Group.

MatrixOne's SRM solution is differentiated from competitive offerings as it extends from the company's established strengths in collaborative product development and program management throughout the product lifecycle. Leveraging MatrixOne's industry-leading, proven Value Chain Portfolio applications for more tightly managed relationships with suppliers enables improved sourcing practices that result in enhanced efficiency. As a result, organizations are empowered to bring more innovation into the product lifecycle and reduce the time and costs associated with bringing better, more competitive products to market. Further, MatrixOne's standards-based and native support of XML provides easy integration to other enterprise systems, enabling a company to maximize installed infrastructure.

"The auto industry is transitioning from an era of structural alignment to one of holistic execution based on value chain collaboration, speed and value. MatrixOne's supplier collaboration tools and SRM applications are central to Johnson Controls' ability to design, develop, and deliver totally integrated interiors to our automaker customers, while building a strong supply base," said John Waraniak, executive director of eBusiness Speed for Johnson Controls.

"MatrixOne's approach to SRM offers a unique and differentiated value proposition as it is based around products that seamlessly interoperate with our collaborative product development and program management solutions. The solution offers improved buyer-supplier relationships and interactions with a real-time view into dynamic product requirements that lead to sourcing decisions resulting in higher-quality, less expensive to manufacture products," said Sam Zawaideh, vice president of products and solutions of MatrixOne.

About MatrixOne

MatrixOne, Inc. is changing the way the world brings products to market(TM). The Company's eMatrix(TM) product collaboration platform and out-of-the-box Value Chain Portfolio(TM) applications enable online collaboration across global value chains and secure access to independent trading communities in private and public marketplaces. A trusted partner to innovative companies, MatrixOne helps customers accelerate the right products to market. MatrixOne's approximately 600 global customers represent the aerospace/defense, apparel, automotive, consumer packaged goods, general machinery, high-technology, and medical equipment industries, including GE, Procter & Gamble, Nokia, Siemens, JDS Uniphase, and Honda. Headquartered in Westford, Massachusetts, MatrixOne (www.matrixone.com) also maintains offices in North America, Europe, and Asia, with additional distributors in Latin America and Australia.


 

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