Jewelry company to use Lawson M3 applications to help improve supply chain efficiency, reduce costs, drive growth
ST. PAUL, Minn., May 19, 2008 -- Lawson Software (Nasdaq: LWSN) today announced that Bijoux Terner licensed multiple Lawson M3 applications, including Lawson Business Intelligence, Assortment Replenishment Planner and Demand Planner. Bijoux Terner will use the applications to help reduce operational costs by automating many store inventory and replenishment processes. The contract was signed during Lawson`s third quarter of fiscal 2008, which ended Feb. 29, 2008. Lawson Professional Services will provide implementation services for the system rollout.
Based in Miami, Fla., Bijoux Terner designs and sells affordable high-end costume jewelry. Bijoux Terner operates 400 luxury boutiques in 60 countries on six continents, specializing in both men`s and women`s fashion accessories.
"We wanted a proven, fashion-centric business system that would help us simplify inventory management and reduce supply chain costs," said Roger Betancourt, chief information officer, Bijoux Terner. "We chose Lawson based on its comprehensive business intelligence capabilities, industry expertise and rapid deployment model. No other vendor offered all three."
The Lawson applications will replace Bijoux Terner`s legacy business system, which could no longer support the company`s growth. Specifically, Bijoux Terner will use the Lawson system to help achieve its operational growth goals with little change to its administrative staff due to improved supply chain efficiency.
The Lawson Assortment Replenishment Planner and Demand Planner applications will help the company more accurately forecast product demand at each point-of-sale and streamline replenishment to help minimize inventory costs. In addition, Lawson Business Intelligence will help Bijoux Terner improve profits by providing better supply chain insights that managers need to reduce stock-outs, evaluate promotional activities and optimize the portfolio of categories carried at each point-of-sale.
"Challenged with managing complex global supply chains and evolving consumer demand, the fashion industry needs business software that delivers meaningful visibility and actionable information," said Bob McKee, fashion industry strategy director, Lawson Software. "Lawson helps fashion companies improve their business processes so they can focus more attention on customer service."
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.
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
Joe Thornton, 651-767-6154
Jenny Myers, 217-649-2965