Hindustan Aeronautics Limited Selects IFS Applications(TM) for New-Generation Business Applications
LINKOPING, Sweden, July 23 /PRNewswire/ -- Hindustan Aeronautics Limited (HAL), a leading aerospace and defense technology company, will deploy IFS Applications across its enterprise, which consists of 17 sites with more than 3,000 users. The first phase of implementation, covering its corporate office, aircraft division, and helicopter division in Bangalore, is expected to be completed by July 2005, followed by its 14 remaining divisions. The contract was signed in July. (Logo: http://www.newscom.com/cgi-bin/prnh/20030320/IFSLOGO) HAL will be using an IFS solution covering engineering, MRO (maintenance, repair, and overhaul), manufacturing, materials management, financial management, project management, workforce management, quality management, document management, supply chain management, and corporate performance management. With the IFS solution, HAL will consolidate a number of separate systems into a single integrated system. This will enable HAL to enhance productivity and profitability through adoption of best business practices across the organization, resulting in optimized project management, improved manufacturing planning, reductions in inventory, and improved turnaround times of aircraft. In addition, HAL will be able to analyze up-to-the-minute business information to continuously improve performance and customer satisfaction. "The implementation of IFS Applications is aimed at improving HAL's profitability by substantially reducing inventory, decreasing delivery cycle times, reducing operational costs, and improving manpower productivity," said HAL chairman N. R. Mohanty. "By implementing IFS Applications at HAL, IFS India can demonstrate to other Indian businesses how component-based business applications can help them achieve significant business benefits through the easy-to-use, flexible and open architecture of IFS technology," said Dr. Chandan Chowdhury, chief executive officer of IFS India. BAeHAL Software Limited (a joint venture of HAL and BAE SYSTEMS) and IFS India, partners in offering IFS Applications to the Indian aerospace and defense market, will jointly execute the implementation. IFS Defense in the United Kingdom will supply its global defense expertise to support this customer account as well as to support the growth of IFS' defense business across India. The Indian defense industry will benefit from the technical advances made by IFS Defense on its various worldwide development programs. With aerospace and defense being one of IFS' targeted market segments, IFS Applications includes advanced standard functionality that meets the demanding requirements of defense manufacturers. IFS' fully integrated project tracking and product data management (PDM) capabilities, combined with other IFS Applications components, make it easier to operate while managing the design, manufacturing, and ongoing spare parts logistics and maintenance support of complex products throughout the product lifecycle. IFS customers within aerospace and defense include the British, French, Norwegian, Greek, and South African defense organizations as well as the Eurofighter consortium. Commercial MRO shops and operators include Finnair, Bristow Helicopters, Aero-Dienst GmbH, Hawker Pacific, and Jet Turbine Services. In addition, IFS provides solutions to original equipment manufacturers (OEMs) such as General Dynamics, Lockheed Martin, BAE SYSTEMS, Saab Aerosystems, and GE Aircraft Engines. About Hindustan Aeronautics Limited Hindustan Aeronautics Limited is a premier aerospace and defense company in Southeast Asia, engaged in the design, development, manufacturing, repair, maintenance, and overhaul of fighter, trainer, transport aircraft, helicopters, aeroengines, avionics and accessories. In addition, HAL manufactures complex products for aerospace programs. HAL strives for continuous improvement and growth in research and development and other high-tech manufacturing areas. HAL has 16 production units and nine R&D centers spread across several locations in India. About IFS and IFS Applications IFS develops and supplies component-based business applications for medium and large enterprises and organizations. IFS Applications, which can be implemented step by step, is based on web and portal technology. The solution offers 60+ enterprise application components used in manufacturing, supply chain management, customer relationship management, service provision, financials, product development, maintenance and human resource administration. IFS offers customers an easier, more open alternative. IFS is a leading global business applications supplier with sales in 45 countries and more than 350,000 users worldwide. The company is listed on the Stockholm Stock Exchange (XSSE: IFS). IFS Applications is a trademark of IFS Industrial and Financial Systems. All other referenced company or product names are trademarks or registered trademarks of their respective owners. For additional information, contact: John Bridges, VP Marketing, IFS North America Phone: +1 520 512-2000 Fax: +1 520 512-2001 E-mail: firstname.lastname@example.org Chris Jensen, President, Jensen Market Relations Phone: +1 714 847-7846 Fax: +1 714 847-4856 E-mail: email@example.com IFS' Web: www.ifsworld.com
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