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- Created on Thursday, 22 January 2009 07:57
- Published on Thursday, 22 January 2009 07:57
TriStar Plastics Reports Huge Dollar Savings, Drastically Reduced Environmental Waste Using Visionary Material Yield System
COSTA MESA, Calif. - January 22, 2009 - SYSPRO, a provider of visionary ERP software for the manufacturing pragmatist, announced today that its award-winning Material Yield System continues to drive major cost and environmental resource efficienciesfor customers like TriStar Plastics in Massachusetts. An early adopter of SYSPRO's pioneering "green" enterprise resource planning (ERP) approach some five years ago, Tri-Star Plastics reports the company has saved "hundreds of thousands of dollars" and has eliminated the need to send "thousands of pounds" of plastic remnants to land fills.
Aware of the vacuum that existed in the Plastics Industry with regard to the reclamation of remnants and the vast remnant piles being relegated to land fills, Richard Cedrone, CEO of TriStar Plastics urged SYSPRO to develop the Material Yield System (MYS) six years ago. At the time, Cedrone estimated that approximately 40% of TriStar's inventory consisted of cut-sheet remnants. The company's attempt to return remnants to stock for consideration in filling future orders was very costly and time consuming.
"It used to be a time consuming process of calculations and decisions to determine how to best fill custom cut orders in the most expeditious and cost-effective manner," Cedrone said. "As a result, suppliers like me often found it more cost-efficient just to send their remnants directly to land fills. Today we've eliminated that environmental concern, and we're getting a great financial return. Since we implemented SYSPRO ERP and MYS we have more than doubled our revenues while maintaining our head count because of the efficiencies we gained."
The SYSPRO Material Yield System accommodates customer specific dimensional requirements and makes automatic yield calculations. In the Plastics Industry, this involves factoring the yield from full plastic sheets, rods or tubes, and then facilitating the return of remnants to inventory for re-use. The system automatically creates new part numbers and pricing for the returned remnants, filling custom orders from existing inventory or inventory from another branch, if possible.
"We continue to be the leading choice for pragmatic, but visionary manufacturers and distributors in smaller and mid-market companies who want to seize opportunities to promote best practice Lean manufacturing," said Joey Benadretti, president, SYSPRO USA. "This is another example of where SYSPRO innovation is on the cutting edge for cut-share suppliers that readily want to eliminate waste, save money and be responsible environmental leaders in their communities."
The SYSPRO Material Yield System was previously honored with a Governor's Environmental and Economic Leadership Award Certificate of Recognition from the State of California. The certificate was presented to SYSPRO "in recognition of meritorious contributions to environmental protection and resource conservation in the State of California."
SYSPRO's more thoughtful approach to adopting new technology, such as web services and SOA platforms, also reflects the desires of its buyers who are driven by business needs and not by the latest headlines. This exemplifies SYSPRO's ongoing strategy of helping to simplify the success of its customers. SYSPRO calls its buyer landscape "PragmaVision," consisting of pragmatic, visionary ERP executives that are driven by a desire for smart, but aggressive market growth.
Since its inception in 1978, SYSPRO has been delivering state-of-the-art business solutions to some of the world's leading companies. As a global leader in the production of world-class ERP software, the company now caters to the specialized needs of 14,000 licensed companies in more than 60 countries worldwide. SYSPRO is marketed globally through regional territory distribution centers and a global reseller network in the US, Canada, Africa, Asia Pacific, Australia and the UK.
SYSPRO is a fully integrated business software solution that provides complete control over the planning and management of all facets of business including accounting, manufacturing and distribution operations in a variety of industries.
All company names and products mentioned in this release are trademarks or registered trademarks of their respective holders.