Lawson Software Helps IKEA Components Achieve Company-Wide Goals
Lawson Opportunity Analyzer helped IKEA prioritize and set targets for successful ERP implementation and related business process improvements
ST. PAUL, Minn.--(BUSINESS WIRE)--Aug. 20, 2008--IKEA Components, a wholesale distribution part of The IKEA Group that is focused on developing, distributing and trading components, fittings and raw materials for the IKEA product range, recently used Lawson Opportunity Analyzer to help optimize its enterprise software implementation. The use of Lawson Opportunity Analyzer, from Lawson Software (Nasdaq: LWSN) helped IKEA Components identify the most significant opportunities for business process improvements and set company-wide strategic goals.
Lawson Opportunity Analyzer is a business modeling tool designed to help companies analyze the financial and operative effects of various business scenarios. IKEA Components developed its business strategy and identified its Key Performance Indicators (KPIs). It then conducted continuous measurement of these KPIs.
IKEA Components was then able to use the information gained through tracking these KPIs to help it enhance customer service and improve profitability. Specifically, the company reports an improvement in product availability, a reduction in customer complaints and a reduction in time required to process orders. In addition, IKEA Components reports reductions in the time required to produce inventories and order execution costs.
The recently published Gartner Inc. report "IKEA Components Achieves Success in Leveraging Technology to Evaluate Strategy and Manage Its Execution" by John E. Van Decker; dated March 12, 2008 evaluated Lawson's role at IKEA Components, a subsidiary of the IKEA Group. The entire complimentary report can be accessed at: http://forms.lawson.com/forms/ikeareport
About Lawson Software
Lawson Software provides software and service solutions to 4,000 customers in manufacturing, distribution, maintenance and service sector industries across 40 countries. Lawson's solutions include Enterprise Performance 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.
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 Lawson's ability to realize synergies and revenue opportunities anticipated from the Intentia International acquisition; uncertainties in the software industry; uncertainties as to when and whether the conditions for the recognition of deferred revenue will be satisfied; increased competition; uncertainty regarding potential future deterioration in the market for auction rate securities which could result in additional permanent impairment charges, 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 the most recent 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.
SOURCE: Lawson Software
Lawson Software
Joe Thornton, 651-767-6154
joe.thornton@us.lawson.com
or
Weber Shandwick
Jenny Myers, 217-649-2965
jmyers@webershandwick.com
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