Last kr214.00 SEK
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indust & financial system-b (IFSB) Details

Industrial and Financial Systems, IFS AB develops, supplies, and implements component-based extended enterprise resource planning (ERP) suite built on service oriented architecture technology. It offers IFS Applications, an integrated application suite that enables global and demanding businesses to handle four core processes, including service and asset management, manufacturing, supply chain management, and projects. The company's IFS Applications include financials, human resources, quality management, document management, customer relationship management, business intelligence, sustainability management, and other functionality to facilitate full lifecycle management of products, assets, customers, projects, and others. Its solutions include Project ERP software, an ERP for project management-related environments; enterprise asset management software; IFS enterprise service management software, including field service management, mobile workforce management, and service management; and IFS field service management software. The company’s solutions also comprise reverse logistics software; integrated enterprise project management software for various aspects of the project lifecycle; batch, repetitive, and project manufacturing software; mobile enterprise software; and supply chain management software for ERP environments. It serves various industries, including aerospace and defense, asset intensive, automotive, construction and contracting, energy and utilities, high tech, industrial manufacturing, oil and gas, process manufacturing, retail, service providers, and others. It operates in Europe, the Americas, Africa, Asia, and the Pacific region. Industrial and Financial Systems, IFS AB was founded in 1983 and is headquartered in Linköping, Sweden.

Founded in 1983

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indust & financial system-b (IFSB) Key Developments

Grandweld Shipyards Selects IFS Applications

IFS announced that Grandweld Shipyards will implement IFS Applications(TM) to enhance operational efficiency, and increase business agility, transparency and uniformity of information. Grandweld Shipyards will implement IFS Applications to create a single information system encompassing project-based manufacturing, project management, asset management, work order, scheduling, and document management, among others. The initial phase of implementation will begin in September 2014 in the new headquarters in Dubai Maritime City and is expected to be completed by April 2015.

NOVA WERKE Selects IFS Applications to Optimize Business Processes throughout the Company

IFS announced that NOVA WERKE will implement IFS Applications as its corporate ERP solution. As a high-tech component manufacturer supplying predominantly to the automotive industry, transport and energy generation industries, NOVA WERKE needed an ERP solution that would deliver clear operational and business benefits. As NOVA WORKE expanded over the years in size and competence, its legacy software was no longer able to meet the company’s high quality standards and ambitions. As part of a competitive selection process, IFS’s solution stood out and was selected because many of NOVA WERKE’s requirements,in particular the automotive-related ones, were built in as standard. Moreover, IFS Applications was seen to be flexible enough to evolve in line with NOVA WERKE’s future requirements. On implementation, no customizations were necessary, apart from some interfaces that were integrated with third-party systems. By rolling out IFS Applications at its Swiss and German sites, NOVA WERKE will achieve better transparency in its business processes and will benefit from improved integration of individual business areas. Therefore, the software will be fully used throughout the company. The key components being used by NOVA WERKE include project and supply chain management, production planning and control, maintenance, quality management, accounting and human resource management, sales ands upport, and CRM.

Mid West Ports to Implement IFS Applications as an Integrated Enterprise Resource Planning Solution to Replace a Number of Separate Existing Systems

Mid West Ports will implement IFS Applications as an integrated Enterprise Resource Planning (ERP) solution to replace a number of separate existing systems. The ERP solution will integrate information across its marine and landside operations to support more efficient operational and financial processes, real-time decision making and mobile information access. IFS will give real-time information on a dashboard to make decisions when they are needed rather than having to wait for end of month reports. A key area for improved efficiencies will be in the precise coordination of marine and landside operations. IFS Applications will improve productivity, so Mid West Ports can handle increased cargo volumes without more staff. With an integrated ERP, double handling of information through the use of spreadsheets will be avoided. Staff will be able to use their time more constructively in the business rather than entering information into a system. Financial processes will be automated, freeing up staff resources and improving customer service. IFS will drive efficiencies through improved coordination of asset maintenance and associated staff resources. With IFS Touch Apps, maintenance crew can access and update work order asset management and service management information while on the move, further increasing productivity. Mid West Ports selected IFS after an extensive evaluation of ERP and best-of-breed solutions. Compared with other ERP solutions, IFS demonstrated the best fit for Mid West Ports requirements without extensive customization. Selecting multiple best-of-breed vendors was ruled out because of the additional integration risks and software licensing costs involved.


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