PLEASANTON, Calif.--(BUSINESS WIRE)--Aug. 27, 2003--PeopleSoft Inc. (Nasdaq:PSFT - News) (Company
Profile, Past
Stories, Case
Studies) today announced that Calderon Textiles selected its industry-leading Supplier Relationship Management (SRM), Customer Relationship
Management (CRM) and Financial Management products in the second quarter. The PeopleSoft solution will enable Calderon Textiles to gain real-time visibility into product
demand and inventory levels. As a result, sales professionals can provide up-to-date product availability and the company can minimize supply costs.
Calderon Textiles is a leading distributor of quality linens for healthcare, hospitality and consumer use. The company distributes products to leading retailers such as
WalMart and hotel chains such as Choice Hotels International. "Efficient distribution is critical to the profitability of our business, so inventory must be closely aligned
with demand," said Paul Stokes, chief financial officer of Calderon Textiles. "PeopleSoft's products will enable us to tightly integrate front and back office
operations. With real time visibility of production data and customer demand, we can make rapid adjustments to supply plans. In addition, our sales force can strategically
manage customers based upon product availability."
Calderon Textiles will deploy PeopleSoft's award-winning SRM product to tightly align its global network of suppliers. The company currently uses a combination of
telephone calls, faxes, emails, and manual spreadsheets to coordinate material shipments from Pakistan, Bangladesh, Nepal, Egypt, Mexico, and other countries. This
results in untimely, inefficient, and inaccurate processing of Calderon's material requirements. PeopleSoft's internet-based supplier portal will enable Calderon's suppliers and
contract manufacturers to respond instantly to meet changes in Calderon's material requirements. As a result, Calderon will be able to update shipment dates and
quantities, improve order accuracy and mitigate availability risk for products with long lead times.
PeopleSoft Sales, a module within the PeopleSoft CRM suite, will enable Calderon's sales management to gauge the growth of each of its businesses, measure sales
performance by geographic region, and gain visibility into specific products that are selling most quickly. Sales executives will be able to track a customer's order history,
enabling them to see the results of their sales efforts. In addition, tight integration with PeopleSoft SRM will ensure that sales executives make delivery promises with
greater accuracy.
The company will also deploy PeopleSoft's Financial Management products including General Ledger, Accounts Payable and Accounts Receivable to gain real-time visibility
into supplier payments and customer credit activity. The products will enable Calderon to obtain a more accurate view of its financial position.
"Companies today are striving to gain a competitive edge by increasing productivity, reducing costs and quickly responding to customer needs," said Patrick
Quirk, general manager of PeopleSoft Manufacturing and Supplier Relationship Management. "The PeopleSoft solution provides enterprise-wide visibility into multiple
business processes, enabling the delivery of real-time information to improve business efficiency and greater responsiveness to the customer."
About PeopleSoft
PeopleSoft (Nasdaq:PSFT - News) is the world's leading provider of application software for the real-time enterprise. PeopleSoft pure internet software enables organizations
to reduce costs and increase productivity by directly connecting customers, suppliers, partners and employees to business processes on-line, in real time. PeopleSoft's
integrated, best-in-class applications include Customer Relationship Management, Supply Chain Management, Human Capital Management, Financial Management and
Application Integration. Today more than 5,200 organizations in 140 countries run on PeopleSoft software. For more information, visit us at www.peoplesoft.com.
PeopleSoft and the PeopleSoft logo are registered trademarks. All other company and product names may be trademarks of their respective owners.
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