SAP Drives Integrated Efficiencies for PEAK Technologies
Supply Chain Solutions Provider Poised for Rapid Growth Expects to Realize More Than $1 Million in Near-Term Efficiencies
COLUMBIA, Md - July 31, 2008 - SAP today announced that PEAK Technologies, a mid-market systems integrator of supply chain automation and inventory management solutions, projects more than $1 million in efficiencies the first year after going live on SAP® ERP. PEAK offers a wide range of supply chain products and solutions to a diverse customer base across numerous industries. The company selected SAP ERP in 2007 for its long-term scalability and ability to leverage common business processes within a multi-functional and very diverse operation.
“As a mid-market company faced with the global pressures of a Fortune 500 company, we knew that SAP ERP was a smart choice to enable us to address dynamic business processes and ever-changing customer requirements,” said Ross Young, president & CEO, PEAK Technologies. “SAP ERP provides PEAK the unique opportunity to leverage efficiencies with our suppliers as well as our customers; it allows us to truly maximize our own supply chain.”
One efficiency gain realized by PEAK is through the elimination of disparate programs and procedures that exposed daily operations to a certain level of inefficiency. SAP ERP gives PEAK deep visibility into daily operations, enabling more than 200 users to more effectively respond to business requirements and customer needs. The new SAP ERP solution has also provided PEAK visibility into purchasing trends, customer buying patterns and additional information that empowers the company to be more proactive in increasing market share and growing revenue. A service-based e-commerce portal and a standalone ordering engine were also integrated into PEAK’s SAP ERP solution in order to better serve customers.
While PEAK expects to immediately realize $1 million in near-term efficiencies with SAP ERP, a multitude of growth opportunities now exist that were not possible under the company’s prior legacy system.
“SAP ERP allows our business goals to align with our IT goals,” said Michele Adams, senior vice president, Finance and IT for PEAK Technologies. “We are now positioned to make proactive decisions based on real-time information and company data. Thanks to SAP, we now have a system that can scale to our ambitious growth strategy, which includes acquisitions.”
“As midsize companies look to enhance their competitiveness in a global business environment, they have come to realize that quickly adapting to business and customer needs are key to success,” said Philip Say, vice president, ERP Solution Marketing, SAP. “SAP is committed to empowering companies of all sizes with an end-to-end solution that drives efficiencies and powerfully manages the totality of customer relationships in all business areas.”
About PEAK Technologies
PEAK Technologies, a Platinum Equity Company, is a systems integrator of supply chain automation and inventory management solutions delivering tangible return on investment to some of the world’s largest corporations. PEAK’s primary applications include solutions for warehousing, manufacturing, and distribution operations. PEAK’s portfolio of solutions and services include business process consulting, enterprise resource planning (ERP) systems integration, wireless professional services, project management, printing/media solutions, and life-cycle support services. PEAK Technologies has locations throughout North America providing a comprehensive “foot print” for national, multi-site life cycle service and support.
SAP is the world’s leading provider of business software(*), offering applications and services that enable companies of all sizes and in more than 25 industries to become best-run businesses. With approximately 75,000 customers (includes customers from the acquisition of Business Objects) in over 120 countries, the company is listed on several exchanges, including the Frankfurt stock exchange and NYSE, under the symbol “SAP.” (For more information, visit www.sap.com)
(*) SAP defines business software as comprising enterprise resource planning and related applications.
Any statements contained in this document that are not historical facts are forward-looking statements as defined in the U.S. Private Securities Litigation Reform Act of 1995. Words such as “anticipate,” “believe,” “estimate,” “expect,” “forecast,” “intend,” “may,” “plan,” “project,” “predict,” “should” and “will” and similar expressions as they relate to SAP are intended to identify such forward-looking statements. SAP undertakes no obligation to publicly update or revise any forward-looking statements. All forward-looking statements are subject to various risks and uncertainties that could cause actual results to differ materially from expectations. The factors that could affect SAP’s future financial results are discussed more fully in SAP’s filings with the U.S. Securities and Exchange Commission (“SEC”), including SAP’s most recent Annual Report on Form 20-F filed with the SEC. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of their dates.
This news content was configured by WebWire editorial staff. Linking is permitted.
News Release Distribution and Press Release Distribution Services Provided by WebWire.