RYCO Hydraulics Invests in Lawson QuickStep Manufacturing
Sydney, Australia, 26 August 2009 – Lawson Software, a global provider of enterprise resource planning (ERP) software, announced today that RYCO Hydraulics, a leading manufacturer and global distributor of quality hydraulic hoses and fittings, will implement Lawson QuickStep Manufacturing. The Lawson QuickStep solution is a pre-configured ERP package designed to help manufacturers achieve faster business results. RYCO Hydraulics will use it to help address its manufacturing industry-specific business needs, including visibility across global supply chains. The solution will also give the company the ability to manage a diverse range of products, as well as support a variety of product delivery and supply methods. The contract was signed during Lawson’s fourth quarter of fiscal 2009, which ended May 31, 2009.
Headquartered in Footscray, Victoria, Australia, RYCO Hydraulics commenced manufacturing operations in 1946. Since then, it has continued to invest in the expansion of its product range, particularly in the area of quality high-pressure hydraulic hoses and fittings. It has manufacturing centres based in Melbourne in Australia, as well as Dalian in China and Kuala Ketil in Malaysia. A network of distributors, as well as original equipment manufacturers (OEMs) and defence organisations, support the company’s product range across the globe.
The contract with Lawson follows RYCO Hydraulics’ decision to upgrade to a fully integrated, enterprise-wide information system capable of supporting future expansion and increasing business complexity across its global operations.
“RYCO Hydraulics has a simple belief that better technology equals greater performance,” Glenn Allen, group operations manager at Hydraulics. “This ethos applies right throughout our organisation and it’s one of the reasons we decided to select Lawson as our preferred technology partner after an extensive evaluation. We’re confident that this decision will give us an even greater edge over our competitors.”
Under the contract, RYCO Hydraulics purchased several add-on applications including Lawson M3 Sales and Marketing Automation, Lawson e-Sales, Lawson Business Intelligence (including the Business Performance Warehouse module), Lawson Learning Accelerator, Lawson Demand Planner, Lawson Multisite Planner and Lawson Warehouse Mobility.
According to David Hope, general manager and regional managing director of Lawson Software, Asia Pacific, “Our deep understanding of RYCO Hydraulics’ business compared to that of our competitors was key to this important and strategic win in the manufacturing and distribution sector. Furthermore, our solution is a proven low risk option based on our QuickStep template approach, which is designed to make customers stronger in minimal time. The Lawson solution will provide RYCO Hydraulics with a platform for growth as it is an excellent fit for the company’s business needs.”
The Lawson Professional Services team will commence the Lawson implementation project at RYCO Hydraulics immediately and will work on a phased approach to roll out. The new Lawson solution will be built on an IBM System i platform provided in conjunction with Synergy Plus, which will replace a legacy HP 3000/ix system.
About Lawson Software
Lawson Software provides software and service solutions to 4,500 customers in equipment service management and rental, fashion, food & beverage, healthcare, manufacturing & distribution, public sector (United States), service industries, and strategic human capital management across 40 countries. Lawson Software is a global provider of enterprise software, services and support to customers primarily in three sectors: services, trade and manufacturing/distribution. Lawson’s solutions include Enterprise Performance Management, Human Capital Management, Supply Chain Management, Enterprise Resource Planning, Customer Relationship Management, Manufacturing Resource Planning, Enterprise Asset Management and industry-tailored applications. Lawson solutions assist customers in simplifying their businesses or organizations by helping them streamline processes, reduce costs and enhance business or operational performance. Lawson is headquartered in St. Paul, Minn., and has offices around the world. Visit Lawson online at www.lawson.com. For Lawson’s listing on the First North exchange in Sweden, Remium AB is acting as the Certified Adviser.
Forward-Looking Statements
This press release contains forward-looking statements that contain risks and uncertainties. These forward-looking statements contain statements of intent, belief or current expectations of Lawson Software and its management. Such forward-looking statements are not guarantees of future results and involve risks and uncertainties that may cause actual results to differ materially from the potential results discussed in the forward-looking statements. The company is not obligated to update forward-looking statements based on circumstances or events that occur in the future. Risks and uncertainties that may cause such differences include but are not limited to: uncertainties in uncertainties in the software industry; uncertainties as to when and whether the conditions for the recognition of deferred revenue will be satisfied; increased competition; general economic conditions; the impact of foreign currency exchange rate fluctuations; continuation of the global credit crisis; global military conflicts; terrorist attacks; pandemics, and any future events in response to these developments; changes in conditions in the company's targeted industries and other risk factors listed in the company's most recent Quarterly Report on Form 10-Q and Annual Report on Form 10-K filed with the Securities and Exchange Commission. Lawson assumes no obligation to update any forward-looking information contained in this press release.
About RYCO Hydraulics
RYCO Hydraulics commenced manufacturing hoses, fittings and filters in 1946. As the hydraulic industry evolved so did the company. Under the direction of Mr W.J.K. Morrison and Mr W.J. Hayward, the company expanded the product range and the main product line soon became quality high-pressure hydraulic hose and fittings. Over the years, RYCO Hydraulics has established a commitment to quality, extensive research and product development, placing RYCO Hydraulics at the forefront of the hydraulic industry. Positive direction and growth has seen the company expand its horizon and develop its manufacturing and distribution business on a global scale.
RYCO Hydraulics is continually improving and enhancing its product range, meeting and surpassing the most stringent of industry requirements. The company strives for innovative design and technological advancement. RYCO Hydraulics Research & Development centres are dedicated to improving product and pioneering new technologies and processes in fluid conveying systems. RYCO Hydraulics quality range of hydraulic hose and fittings is supported by a network of loyal and committed distributors as well as Original Equipment Manufacturers and defence organisations across the globe. For more information, please visit: www.ryco.com.au.
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