[October 07, 2015] |
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Australian Aerospace Engineering Firm TAE Selects IFS Applications 9 for Integrated ERP
IFS (STO:IFSA) (STO:IFSB)
IFS (http://www.ifsworld.com/),
the global enterprise applications company, today announced that TAE (http://media.ne.cision.com/l/uscefbmq/www.tae.com.au/),
Australasia's number one provider of turbine engine maintenance, repair
and overhaul services, is implementing IFS Applications™ 9 (http://media.ne.cision.com/l/uscefbmq/www.ifsworld.com/en/solutions/ifs-applications/ifs-applications-9/)
to integrate the TAE group of companies under a single enterprise
resource planning (ERP) solution after a management buy-out from Air New
Zealand earlier this year.
TAE had previously purchased IFS Applications as an engineering
management solution to comply with International Traffic in Arms
Regulations (ITAR). It had a different ERP system at its Brisbane
facility and another ERP system and financial package in Adelaide.
Replacing them with IFS Applications will improve business visibility
with real-time reporting to support growth and reduce costs.
After evaluating existing software suppliers and potential new
solutions, TAE selected IFS Applications because it best met the
company's requirements in a single integrated solution. IFS's proven
implementation capability was also a major factor as TAE had only 12
months to replace the ERP system it shared with Air New Zealand.
"The functionality was key-IFS is in our market and knew what we needed
at a maintenance level," said Andrew Sanderson, CEO of TAE. "We spoke
with other users-some of them are our customers-and IFS had the
reliability and the credibility we were looking for. IFS also has a
competency and proven performance in implementation that derisked the
process in what is a very tight time frame to manage."
Complete visibility across its operations will quickly benefit TAE with
the IFS Lobby, a configurable and role-based dashboard environment
facilitating real-time business reporting. "With IFS, we can see what is
happening in each location, it is a much more robust management
framework. There will be a few aha! moments-if we are doing something
smart in Adelaide for example, why not do it here in Brisbane as well?"
said Sanderson.
Supporting a single set of accounts, IFS Applications will lower TAE's
financial reporting costs. It will also reduce the effort and delays
involved in manually combining information sources using Excel
spreadsheets.
"IFS Applications will give us ready visibility of our supply chain, for
example," said Sanderson. "That will help our vendor management, putting
us in a position to negotiate deals based on volume without having to
glue together information from different systems."
IFS Applications will also support TAE's growth as it looks to develop
its business in South East Asia and the U.S. with better customer
communication and coordination of activities across different locations.
TAE will initially implement IFS Applications for financials, human
resources, maintenance, manufacturing, supply chain, and sales &
service. Later, it will deploy IFS project management capabilities
within the integrated ERP solution. TAE also plans to use IFS
Applications to underpin new mobile apps to streamline operations,
potentially enabling customers to see and approve work orders, for
example.
IFS Australia and New Zealand managing director Rob Stummer said, "TAE
understands how having a single source of business information can
contribute to its success. IFS is proud to be helping this innovative
Australian engineering company to further improve its competitiveness
and grow its export business with a modern and agile ERP solution."
About TAE
TAE is Australasia's No. 1 provider of turbine engine MRO services. We
also provide industry-leading services in aerospace engineering,
advanced manufacturing, avionics, fuel and electrical component
maintenance, aircraft wheels & brakes and materials sales.
About IFS
IFS™ (http://www.ifsworld.com/en/)
is a globally recognized leader in developing and delivering enterprise
software for enterprise resource planning (ERP), enterprise asset
management (EAM) and enterprise service management (ESM). IFS brings
customers in targeted sectors closer to their business, helps them be
more agile and enables them to profit from change. IFS is a public
company (XSTO: IFS) founded in 1983 and currently has over 2,700
employees. IFS supports more than 2,400 customers worldwide from its
network of local offices and through a growing ecosystem of partners.
For more information visit: www.ifsworld.com (http://www.ifsworld.com/en/).
Follow us on Twitter (News - Alert): @ifsworld (http://www.twitter.com/ifsworld)
Visit the IFS Blogs on technology, innovation and creativity: http://blogs.ifsworld.com
This information was brought to you by Cision http://news.cision.com
View source version on businesswire.com: http://www.businesswire.com/news/home/20151007005529/en/
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