TAKE Solutions’ ‘iPoint’ achieves SAP Integration Certification
April 7th, 2009 Leave a comment Visited 29 times, 1 so far today
To leverage SAP customer base globally
Chennai, April 7, 2009 — TAKE Solutions Ltd. (BSE: 532890), leaders in Supply Chain Management (SCM) and Life Sciences products, have now been granted a certification by SAP for their product iPoint, which is a Trading and Accounting Process Automation Solution.
Mr. Sridharan Sivan, Managing Director, TAKE Solutions said that, “The new version of the product, iPoint, which is slated for release in May 2009, is a smart solution to cut cost and drive efficiencies in the supply chain. iPoint’s SAP certification validates TAKE Solutions’ capabilities to provide professional Supply Chain Management solutions to customers worldwide. This confirms our continuous endeavour to provide the best in class SCM solutions to our clients and increases our credibility with them because of quick sales and rapid deployment of the product.”
When the clients have to cut cost and drive efficiencies in their supply chain, they need to get a 360-degree view of demand and the capability to replenish the channel with the right inventory at the right time, to capitalize on the market opportunity. Businesses that sell their products through distributors rely on market level product off-take data that may be 4 to 13 weeks old. The forecast is inaccurate since sales to distributors are often used as a surrogate to market level off-take. Replenishments are consequently on a push mode and opportunities for market interventions are not made best use of.
“The iPoint is a smart solution for secondary sales visibility, demand forecasting, automatic channel replenishment and market interventions. With iPoint our clients can look at the market level sales and inventory data across multiple dimensions – products, geographies, customers and sales organizations to sense any changes that may require immediate intervention. This certification furthers our ability to work with our clients to enable them to further optimize their IT investments. They can now integrate our product with SAP with no data redundancy and hence lead to better supply chain execution,” Mr. Sridharan Sivan, Managing Director, TAKE Solutions added.
This is the second product in the last 6 months to be certified by SAP. CLM, TAKE’s product for managing compliance to product labeling statutes and mandates, was certified in December 2008.
About TAKE Solutions
TAKE Solutions is a leading international business technology company with products backed by a strong domain expertise in Life Sciences and Supply Chain Management – to provide cost-effective, comprehensive solutions for businesses. The vision of the company is to drive industry best practices through our proprietary, in-depth product know-how and solutions that enable business efficiencies for our clients. Since its inception in 2000, TAKE has been serving marquee clients in the Life Sciences and SCM arena. TAKE Solutions conducts business today in 16 countries with more than 300 customers.
Headquartered in Chennai, TAKE primarily drives its SCM Domain Excellence Centre and Global Delivery Centre from India. Company has strong presence in the USA with Life Sciences Domain Excellence centres located in Princeton, New Jersey.
TAKE Solutions is assessed at Level 5 of the Capability Maturity Model Integration (CMMI) & Level 3 of the People Capability Maturity Model, Software Engineering Institute, Carnegie Mellon University, USA. TAKE Solutions is a Microsoft Gold Certified Partner, a Charter Member of the Microsoft BioIT Alliance, and is a Registered CDISC Solution Provider.
www.TAKESolutions.com
Contacts:
Arpita Mukherjee Deepa Jayakumar
Adfactors, New Delhi TAKE Solutions Ltd.
Tel: +91 97113 06353 Tel: +91 44 6696 4276
Email: arpita.mukherjee {at} adfactorspr(.)com Email: deepajayakumar {at} takesolutions(.)com
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