PolyDyne Announces DesignWin iX 1.0
Powerful New Web-Based eSourcing Tool for OEMs Delivers Enhanced Performance,
Seamless Integration and Flexible Reporting
Austin, TX – Aug 31, 2001: PolyDyne Software®, a leading provider of strategic eSourcing solutions, today announced the release of DesignWiniX, its next-generation web-based solution for direct materials sourcing designed specifically for OEMs.
DesignWiniX accelerates supply chain communications, simplifies quote and procurement tasks, and enhances commodity management for OEMs. The new release adds Internet speed and efficiency, powerful integration technology, and dynamic reporting capabilities to the DesignWin solution.
DesignWiniX is powered by iXchange, PolyDyne’s new web-based architecture. The iXchange technology provides DesignWin with a secure, Internet-based infrastructure that delivers rapid deployment and scalability to meet a company’s global supply chain requirements.
Utilizing the latest eSourcing technology, iXchange manages the complexities of format translation and transformation, supply chain partner integration and maintenance, and system efficiency. As an automation tool, iXchange enables OEMs to develop tight cross-departmental business process integration substantially improving the design, source and quote process.
“We have been working with our OEM customers to develop an eSourcing solution that specifically meets the requirements of the OEM for several years now. DesignWiniX is the result of customer feedback from some of the largest OEMs in the world,” said David Tabb, CEO of PolyDyne Software.
OEMs demanded features that delivered quick and easy software implementation, and a fast return on investment. DesignWiniX is easy to install and requires minimal IT assistance because of the software’s fluid and efficient communication protocols. DesignWiniX integrates directly with ERP and legacy systems using XML technology, therefore maximizing the use of existing IT infrastructure. DesignWiniX also provides for “Any-to-Any Translation” allowing OEMs to communicate with their supply chain partners in their preferred format such as web, email, XML, or EDI.
In today’s market environment of intense competition and short product lifecycles, cost reduction and time-to-market become critical issues for market success and profitable sales. DesignWiniX delivers a web enabled sourcing process that significantly reduces material and design costs. DesignWin’s reporting capabilities provide OEMs access to archived pricing history and current market figures allowing probable costs to be tracked during the design process. It also gives them the ability to accurately determine material and labor costs before production begins, maximizing margins on new product introductions. Knowing actual cost allows management to make better, more accurate plans which control costs and strengthen sales margins.
DesignWin’s reporting suite delivers comprehensive costing analysis on material, labor and overhead for new or existing product designs resulting in increased velocity in time to market and improved profit margins for OEMs. By minimizing component shortages up front and excess volume at the back end, DesignWiniX helps OEMs manage risk associated with product life cycles.
DesignWiniX allows OEMs to receive accurate, real-time market prices and lead-time data on parts and components. This market-sensitive information enables them to make better decisions on materials and contract manufacturing sourcing. As a result, OEMs are able to forecast variations in market conditions and react to them ahead of schedule.
DesignWiniX is available today. To learn more about the DesignWiniX software call PolyDyne at (512) 343‑9100 for details.
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