Business Services Industry

Lawson QuickStep Enterprise Asset Management Helps Companies Speed Improvements in Asset Reliability and Availability

Business Wire, May 29, 2007

Swedish manufacturer Hoganas deployed solution to satisfy urgent issues with preventive maintenance and downtime

ST. PAUL, Minn. -- Lawson Software (Nasdaq:LWSN) today announced the general availability of Lawson QuickStep Enterprise Asset Management, a pre-configured enterprise software package created to address the business needs of a wide range of asset-reliant companies. It is designed to help cut traditional implementation times by up to 50 percent. This helps reduce the cost of implementation, diminish the risk of disruptions to customer operations and improve return on investment with a faster time to benefit.

QuickStep Enterprise Asset Management speeds implementation time by pre-configuring 70 to 90 percent of the key processes required by asset-reliant companies. Lawson customers can access comprehensive core asset management functionality combined with Lawson's industry knowledge and implementation skills.

Hoganas, based in Sweden, manufactures iron and metal powders for products in various industries, including automotive, home appliances, lawn and garden tools, and hand tools. It recently implemented Lawson QuickStep Enterprise Asset Management to improve work order management and preventive maintenance capabilities in its high alloy powder plant in Ath, Belgium. Hoganas faced a critical need to implement a system to improve the asset management and maintenance at its production unit. Speed and cost were major considerations for the company in determining the right solution. QuickStep Enterprise Asset Management will help Hoganas more quickly pursue an optimal maintenance strategy and manage maintenance work requests in a way that directly helps maximize equipment uptime and delivery performance.

"We needed to improve the efficiency of our preventive maintenance and repair activities, and with QuickStep Enterprise Asset Management, we expect we'll decrease our unnecessary preventive maintenance by 50 percent," said Per Westman, maintenance coordinator for Hoganas. "In addition, the Lawson solution has made it simple to set up and track our maintenance jobs, which means we can keep our downtime levels in check."

Lawson QuickStep Enterprise Asset Management helps asset-reliant companies meet a number of challenges, including:

* Capturing and managing complex asset information

* Tracking assets for compliance with legal and financial legislation

* Managing compliance with a wide variety of environmental and safety regulations

* Maximizing the use of maintenance technicians within resource- and skills-constrained environments

* Planning and managing work order spare parts requirements

* Coordinating the competing demands between maintenance and operations

* Minimizing procurement costs in an environment where purchase demands can be generated on short notice

* Carrying out detailed reliability, performance and cost analysis

Lawson QuickStep Enterprise Asset Management enables organizations to take a more strategic approach to asset management and maintenance without the risk, time or cost often involved. A recent study sponsored by Lawson Software highlighted the benefits of a strategic, integrated solution approach and how it can help companies address challenges they may have with their current asset management software. According to the global study conducted by Industry Direct Ltd., 38 percent of respondents are not satisfied with their returns on their current asset management software. Sixty percent of respondents who do not feel their current solution delivers measurable return on investment are likely to agree that lack of integration throughout the organization is a major inhibitor to successful asset management. A copy of the report "Strategic Asset Management Across the Organization Delivers a Compelling Return" is available for download at www.lawson.com/IOB.> "The need for organizations to take a more strategic approach to asset management is evident. This change requires technology solutions that can be integrated across the organization and implemented quickly, but companies also need a solution that's flexible and can scale with their needs," said John Gledhill, global director of product development for Lawson. "QuickStep Enterprise Asset Management delivers both the stability of standard software and the flexibility to incorporate additional functionality. And the pre-configured processes help deliver a faster return on investment."

Lawson QuickStep Enterprise Asset Management can be extended to include integrated support for techniques such as Reliability Centered Maintenance, which helps companies evaluate the cost of asset failure versus the cost of prevention to develop the most economically beneficial maintenance strategy for individual critical assets.

This new solution is the latest release in an ongoing roll out of QuickStep solutions designed around the specific markets that Lawson serves. Since November 2006, Lawson has introduced industry-specific QuickStep solutions for food and beverage producers, apparel manufacturers, distribution companies and hospitals.


 

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