Lockheed Adopts PolyDyne’s QuoteWin Solution for Supply Chain Management
June 27, 2000; Austin, Texas: PolyDyne Software (PolyDyne), the global market leader in supply chain management software for the electronics industry, and Lockheed Martin, a leader in the aerospace/ defense and related civil/commercial markets, today announced an agreement for Lockheed Martin to implement QuoteWin, an enterprise quoting, procurement and commodity management tool for contract manufacturers.
QuoteWin has been installed at Lockheed Martin’s Tactical Defense Systems division, which plays a vital role in Lockheed Martin’s Electronics Sector and its Electronics Platform Integration Group. QuoteWin will enable the division to improve the efficiency of their quoting process and supply chain management tasks with its material sourcing system, extensive reporting capabilities and simplified bill of materials (BOM) data entry.
With QuoteWin’s value add, Lockheed Martin will reduce time to market, make significant material cost reductions, and increase throughput.
“After we implemented QuoteWin, we quickly realized how much better PolyDyne’s quoting solution was than our previous system,” said Regan Miller, Acquisition Manager, Purchasing at the Tactical Defense Systems division. “It quickly imported data, and exported BOMs in under one minute. The speed improvements alone have significantly enhanced our productivity, and that’s before savings due to material cost reductions are considered.”
“QuoteWin will allow Lockheed Martin to maximize their productivity – a key challenge for any electronics manufacturer,” said David Tabb, president and CEO of PolyDyne. “We are very excited to be adding this global leader in the aerospace and defense markets to our customer base. It continues to solidify PolyDyne’s position as the preferred supply chain management solution in the electronics industry.”
About PolyDyne Software
PolyDyne Software is a leading provider of business to business, supply chain software tools for strategic sourcing. Founded in 1994 and headquartered in Austin, Texas, the company’s eWin Solution Suite includes DesignWin, QuoteWin, and SupplyWin, a series of quote processing software tools designed specifically for OEMs, contract manufacturers, and component suppliers. These solutions simplify and enhance the critical elements in the quoting process from quoting materials to delivering proposals. This streamlined process reduces RFQ cycle time for bills of material to 3 days or less, reduces costs on direct material by as much as 5%, maximizes the use of eBusiness technology, increases supply chain operational efficiencies by 50%, and creates barriers to entry leading to a competitive advantage. PolyDyne’s worldwide customer base includes more than 50% of the leading contract manufacturers and 90% of component suppliers in North America. PolyDyne has also established key business relationships with PTC, Oracle Corporation, FACSys, and Centura Software to enhance their product offering and add value to their supply chain management tools. For more information, please visit www.polydyne.com or call (512) 343‑9100.
About Lockheed Martin
Lockheed Martin, the parent of Tactical Defense Systems, is a diversified global enterprise engaged in designing, developing, manufacturing and integrating advanced technology systems and services. It is a leader in the aerospace/ defense and related civil/commercial markets. Its core businesses: aeronautics; electronics; information and services; space systems, launch vehicles and missiles; command, control, communication and intelligence; systems integration; and energy and environment.
Headquartered in Bethesda, Maryland, Lockheed Martin employs approximately 170,000 people worldwide and has sales of $28 billion. For more information, visit the Lockheed Martin Tactical Defense Systems division Web site at www.ldsa.com.
Company Contact
Mike Pallarino
PolyDyne Software
9390 Research Boulevard
Suite 415
Austin, Texas 78759
Tel: (512) 343-9100
Fax: (512) 343-9297
Email: pallarino@PolyDyne.com
Editorial Contact
Erin Hassell
Protean Marketing Inc
9020 Capital of Texas Highway North
Building 1, Suite 220
Austin, Texas 78759
Tel: (512) 418 9059
Fax: (512) 418 9135
Email: erin.hassell@proteanmarketing.com