ST. PAUL, Minn., Oct 12, 2010 — Lawson Software (Nasdaq: LWSN) today announced the general availability of the latest version of Lawson QuickStep for Fashion, a pre-configured enterprise software package designed for faster implementation and faster time-to-value for Lawson fashion customers. The new release includes two variants, both featuring many enhancements for the fashion industry. The first is Lawson QuickStep for Fashion, which is designed for manufacturing companies or companies with a mix of manufacturing and sourcing business. The second variant is Lawson QuickStep for Fashion Sourcing, which is designed specifically for brand owners that design, source, and distribute – but do not manufacture their own products.
Lawson QuickStep solutions package Lawson’s industry-specific functionality with the company’s deep knowledge and understanding of sourcing, distribution, manufacturing and sales. It’s based on Lawson’s expertise gained through thousands of customer implementations worldwide. The new fashion ERP systems introduced today are based on the latest version of the Lawson M3 Enterprise Management System, Lawson M3, version 10.1. As Lawson QuickStep offerings, they are designed to support more than 70 percent of the core business processes of both fashion sourcing companies and manufacturers with little or no modification, which can help cut traditional enterprise software implementation times by up to 50 percent. By removing much of the complexity of an enterprise software deployment, Lawson helps companies save time and money, which can ultimately provide a faster return on investment.
Lawson QuickStep for Fashion Sourcing delivers industry-specific features and functions for mid-sized fashion companies. It addresses specific requirements of brand owners that design, source, and distribute – but do not manufacture their products. The solution comes with new specific roles and menus tailored to fashion sourcing product managers and planners.
Meanwhile, Lawson QuickStep for Fashion supports fashion manufacturers or companies that have a mix of manufacturing and sourcing requirements. This latest release of Lawson QuickStep for Fashion includes many application enhancements:
- An advanced costing and pricing toolbox that provides capabilities to help merchandisers source more effectively based on the cost of alternative supply methods.
- Bulk Orders, including tools to help create bulk order agreements and monitor of bulk orders.
- New processes for grouping and splitting deliveries, which gives sales and distribution more flexibility in how they create and manage deliveries.
- New resources to help support invoice matching on an aggregated level, such as matching by style.
- New package management functionality to help speed products through shipping and receiving, which helps reduce repacking, relabeling and handling costs. This new functionality allows companies to improve handling of pallets, boxes, and SKUs while providing a more accurate view of inventory.
- Additional credit limit functionality helps companies avoid blocking orders that need to be delivered immediately by improving how customer credit is managed.
“Lawson QuickStep solutions address two major challenges customers face – the need for industry-specific functionality and the need for rapid implementation,” said Frédéric Champalbert, general manager, Lawson Fashion and Food & Beverage. “Lawson QuickStep for Fashion and QuickStep for Fashion Sourcing help our customers foster operational improvements and growth in a package that is simpler to own, implement and use.”
About Lawson Software
Lawson Software provides software and service solutions to 4,500 customers in equipment service management and rental, fashion, food & beverage, healthcare, manufacturing & distribution, public sector (United States), service industries, and strategic human capital management across 40 countries. Lawson Software is a global provider of enterprise software, services and support to customers primarily in three sectors: services, trade and manufacturing/distribution. Lawson’s solutions include Enterprise Performance Management, Human Capital 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. For Lawson’s listing on the First North exchange in Sweden, Remium AB is acting as the Certified Adviser.
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 uncertainties in the software industry; uncertainties as to when and whether the conditions for the recognition of deferred revenue will be satisfied; increased competition; general economic conditions; the impact of foreign currency exchange rate fluctuations; continuation of the global credit crisis; 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 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.