Patapsco Selects PolyDyne to Manage Sourcing Process, Improve Efficiency, and Achieve Cost Reductions
December 12, 2001; Austin, Texas: PolyDyne Software, a leading provider of strategic eSourcing software, announced today that Patapsco Designs, a fully owned subsidiary of Circuit City, Stores, Inc., has successfully implemented PolyDyne® to manage its entire strategic sourcing process and reduce costs within its supply chain. PolyDyne’s QuoteWin eSourcing system has been successfully implemented at Patapsco’s headquarters in Frederick, MD.
The PolyDyne solution will help reduce the costs of good sold, the cycle time needed to source direct materials, and the manual processes involved with the quoting procedure. Patapsco will automate and optimize the sourcing of direct material by using PolyDyne for their quoting process. The QuoteWin system will facilitate an automated sourcing process that streamlines communications, standardizes internal quoting processes, and provides accurate procurement data to Patapsco’s extended supply chain.
Patapsco specializes in custom electronics design and manufacturing and is focused on developing systems for process control companies, consumer electronic companies, retailers, systems integrators, major manufacturers, broadcasters and many other industries. Circuit City acquired Patapsco Designs in 1987, providing them with the financial strength, stability and reputation essential for leadership in the volatile high-technology market.
“We expect a quick return on our investment. PolyDyne is a leader in its field, and its systems will help us optimize the sourcing, quotation, and NPI processes. We believe QuoteWin will provide significant value to our company’s success by increasing operating efficiencies and reducing direct material costs,” said Charles Alvarado, Director of Production Services.
David Tabb, CEO of PolyDyne Software said, “As a leading manufacturer of custom electronics, Patapsco continues to maintain an uncompromising commitment to quality. PolyDyne is proud to provide one of the key elements to manage and drive Patapsco’s growing success.”
QuoteWin is used by over 75 customers in the high tech, medical device, and manufacturing fields, including such industry leaders as Lockheed Martin, Flextronics, Celestica, and Sanmina.
About Patapsco
Patapsco Designs, Inc. is a wholly owned subsidiary of Circuit City Stores, Inc., specializing in custom electronic design and manufacturing as well as video surveillance.
Patapsco Designs is a progressive custom electronics design and manufacturing company focused on developing systems for process control companies, consumer electronic companies, retailers, systems integrators, major manufacturers, broadcasters and many other industries. You can learn more about Patapsco by visiting its web site at www.patapsco.com or calling Rick Hood at 301-694-8744.
About PolyDyne® Software
PolyDyne Software is a leading provider of B2B, supply chain software tools for strategic eSourcing. Founded in 1994 and headquartered in Austin, Texas, the company’s 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. Customer feedback has validated that 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%, increases supply chain productivity by 30% and maximizes the use of eBusiness technology.
PolyDyne’s worldwide customer base includes over 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.
Company Contact
Mike Pallarino
PolyDyne® Software
9390 Research Blvd.
Suite 415
Austin, Texas 78759
Tel: 512/343-9100
Fax: 512/343-9297
Email: pallarino@polydyne.com