Global solenoids manufacturer Kendrion streamlines processes with IFS Applications

Global solenoids manufacturer Kendrion streamlines processes with IFS
Applications

IFS, the global enterprise applications company, today announces that
Kendrion, a global provider of electromagnetic components, has selected
IFS Applications to improve turnaround times, enhance quality, optimize
inventory and process standardization. The agreement, which includes IFS
Applications licenses, maintenance and services, is valued at more than
SKr 20 million. The contract was signed March 31, 2011.

Headquartered in Germany, Kendrion has chosen IFS Applications to
replace outdated legacy solutions and an array of disparate business
software solutions. IFS Applications will enable Kendrion to improve
turnaround times in its configure-to-order (CTO) processes, enhance
quality while minimizing waste, and reduce inventory by optimizing
medium-term demand planning. The solution includes IFS Applications
components for manufacturing, engineering, maintenance, distribution,
sales & service, web services, quality management, document management
and human resource management. Also included is the IFS Enterprise
Explorer user- interface that is designed to increase usability and
productivity.

“We selected IFS because the IFS team understood the business needs and
the demands of our industry. The IFS team was clearly the best, and the
product, IFS Applications, is a perfect match for our requirements as a
medium-sized company,” said Günter Köster, Program Director at Kendrion.
“We selected IFS Applications as the best “package” for us. This does
not only involve software since our collaboration with IFS is centered
on a business solution, including software, process know-how and
innovations that relate to our customer focus. We are sure, IFS is our
best choice - this solution will be more than just a piece of software.”

“We are pleased to welcome Kendrion to our growing list of high-tech
customers within Automotive and Industrial Solutions, which is one of
our targeted industries. Like Kendrion, we work close to our customers
and value them as partners. We look forward to building a long-term
relationship with the company,” said Peter Höhne, Vice President Sales &
Marketing, IFS Central Europe.

The high-tech industry is one of IFS' targeted vertical markets. IFS
offers industry-specific solutions for companies in the electronic
equipment, electronic component and semiconductor industries. These
solutions support all business processes from design and mixed-mode
manufacturing to after-sales support and warranty management. IFS'
high-tech customers include NEC, Eltek, PartnerTech, Wolfson
Microelectronics, Kitron, maxon motor, Beijer Electronics, and Olympus
Keymed.

Contact Information
Anne Vandbakk
Telefon: 46 8 58 78 45 00
Corporate Communications Director
anne.vandbakk@ifsworld.com (anne.vandbakk@ifsworld.com)

Frédéric Guigues
Telefon: 46 8 58 78 45 00
Investor Relations
frederic.guigues@ifsworld.com (frederic.guigues@ifsworld.com)