PolyDyne Announces Major Release for Strategic Sourcing Suite
iX 2.0 Broadens PolyDyne’s Strategic Sourcing Solution Beyond Material Costing
January 29, 2003 ; Austin , Texas : PolyDyne® Software, a leading provider of strategic sourcing solutions for electronics manufacturing, today announced a new release of the iXchange sourcing solution platform— iX version 2.0. The iX technology enhancements deliver increased functionality to QuoteWin® and DesignWin™ to set these widely accepted solutions apart from traditional material costing systems.
This latest release further enables PolyDyne customers to drastically improve their visibility of manufacturing costs across the enterprise. The addition of a Labor Estimation Module complements the highly functional direct material costing capabilities of QuoteWiniX and DesignWiniX to provide a complete product costing for manufacturers and designers. “Our customers have embraced the labor estimation module due to the benefits of a standardized methodology applied to both labor and material costing across a global enterprise. Standardizing the process improves executives’ control over total manufacturing costs, increases consistency of costing process in engineering as well as procurement ultimately leading to increased customer satisfaction by streamlining proposal costs” said David Tabb, CEO of PolyDyne.
Additional functionality in this release includes a new Contract Workflow Module. This module eases the process, and reduces the cycle time, of developing and negotiating supplier contracts. Completed contracts can then be used in the current RFQ engine provided by QuoteWin and DesignWin. This systematic approach to contract generation and management allows PolyDyne’s customers to synchronize their supply contracts more often with their supply chain and to react quickly to market changes.
Commodity and Spend Analysis enhancements delivered in this release make these areas of procurement focus another key differentiation for the iX solutions. PolyDyne has provided unparalleled visibility to commodity specialists with the ease of commodity mapping and nesting tools, as well as dynamic reporting of spend dollars across the enterprise’s regional geographies or divisions.
PolyDyne’s QuoteWin and DesignWin solutions are used by leading electronic manufacturers, including CEMs and OEMs, to optimize the sourcing of direct materials and manage costing processes. Companies such as Celestica, Flextronics, Lockheed Martin and others have utilized PolyDyne solutions to globally manage and optimize the efficiencies in their strategic sourcing processes. iX release 2.0 builds on this success by delivering unprecedented visibility through the new and enhanced capabilities.
About PolyDyne Software
PolyDyne Software Inc. provides strategic sourcing solutions utilized by companies to optimize strategic sourcing decisions. Celestica, EMC, Flextronics International, HP, Lockheed Martin, and Siemens are among PolyDyne’s worldwide customer base that includes the leading electronic manufacturing companies and their supply base. PolyDyne’s QuoteWin, DesignWin and SupplyWin suite of solutions streamline the product costing processes and thereby reduce material costs, substantially improve productivity and reduce time to market. For more information, call (512) 343‑9100 or visit PolyDyne at www.polydyne.com
Company Contact
Linda Elkins
PolyDyne Software Tel: (512) 343-9100
Email: Elkins@PolyDyne.com