QAD Delivers Powerful Demand Planning with Single-Click Collaborative Budget Planning and Forecasting

Mon Jan 7, 2013 10:07am EST

* Reuters is not responsible for the content in this press release.

http://pdf.reuters.com/htmlnews/8knews.asp?i=43059c3bf0e37541&u=urn:newsml:reuters.com:20130107:nBw075061a

QAD Demand Planning Calculates Optimal Inventory Levels Based on Demand
Variability
SANTA BARBARA, Calif.--(Business Wire)--
QAD Inc. (NASDAQ:QADA) (NASDAQ:QADB), a leading provider of enterprise software
and services for global manufacturing companies, today announced new Demand
Planning capabilities as an add-on to QAD Enterprise Applications. 

The QAD Demand Planning module supports collaborative forecasting and budget
planning. QAD Demand Planning allows business users to access a suite of tools
that enables effective collaboration while simplifying analysis across the
extended enterprise. 

Memory-resident planning and simulation enable rapid evaluation of the forecast
including the effect of planned promotions or new product introductions. QAD
Demand Planning helps customers enhance response to demand fluctuations. 

QAD Demand Planning Enables Manufacturers to Gain the Following Capabilities:

* Maximize sales by optimizing inventory 
* Reduce space and investment required by lowering inventories 
* Reduce overstock and stock-outs by planning for demand fluctuations 
* Generate realistic plans by recognizing past promotional activities

Of particular interest to food and beverage, pharmaceutical, consumer product
goods and other manufacturing companies, QAD Demand Planning empowers managers
to measure the accuracy of sales forecasts, which can lead to critical focus on
forecast accuracy. 

"QAD Demand Planning provides forecast visibility throughout your global supply
chain," said Gordon Fleming, chief marketing officer at QAD. "It enables
managers to smooth out unpredictable and seasonal peaks in demand." 

Improve Customer Service and Increase Revenue

Visibility into supply and demand fluctuations enables companies to meet
customer expectations and service-level goals. Rapid response can help reduce or
prevent backorders and stock-outs, which can improve performance against
important strategic key performance indicators (KPIs) such as delivered
in-full-on-time(DIFOT) or excess inventory. 

"Accurate demand planning capabilities allow customers to effectively manage the
right inventory at the right time at the right place," added Fleming. "Operating
with greater inventory accuracy translates into operating at peak performance
during peak season for peak customer satisfaction." 

Integration-Ready

QAD Demand Planning is a stand-alone module which imports from and exports data
into the QAD ERP system. It also integrates with SAP, Oracle JDE, Oracle
e-Business Suite and Lawson. 

For more information about QAD Enterprise Applications and QAD Demand Planning,
visit www.qad.com. 

About QAD

QAD is a leading provider of enterprise applications for global manufacturing
companies specializing in automotive, consumer products, electronics, food and
beverage, industrial and life sciences products. QAD applications provide
critical functionality for managing manufacturing resources and operations
within and beyond the enterprise, enabling global manufacturers to collaborate
with their customers, suppliers and partners to make and deliver the right
product, at the right cost and at the right time. For more information about
QAD, telephone +1 805-566-6000, or visit the QAD web site at www.qad.com. 

"QAD" is a registered trademark of QAD Inc. All other products or company names
herein may be trademarks of their respective owners. 

Note to Investors: This press release contains certain forward-looking
statements made under the "safe harbor" provisions of the Private Securities
Litigation Reform Act of 1995. Words such as "expects", "believes",
"anticipates", "could", "will likely result", "estimates", "intends", "may",
"projects", "should", and variations of these words and similar expressions are
intended to identify these forward looking statements. Forward-looking
statements are based on the company`s current expectations and assumptions
regarding its business, the economy and future conditions. A number of risks and
uncertainties could cause actual results to differ materially from those in the
forward-looking statements. These risks include, but are not limited to,
evolving demand for the company's software products and products that operate
with the company's products; the company's ability to sustain license and
service demand; the company's ability to leverage changes in technology; the
company's ability to sustain customer renewal rates at current levels; the
publication of opinions by industry and financial analysts about the company,
its products and technology; the reliability of estimates of transaction and
integration costs and benefits; the entry of new competitors or new offerings by
existing competitors and the associated announcement of new products and
technological advances by them; delays in localizing the company's products for
new or existing markets; the ability to recruit and retain key personnel; delays
in sales as a result of lengthy sales cycles; changes in operating expenses,
pricing, timing of new product releases, the method of product distribution or
product mix; timely and effective integration of newly acquired businesses;
general economic conditions; exchange rate fluctuations; and, the global
political environment. In addition, revenue and earnings in the enterprise
resource planning (ERP) software industry are subject to fluctuations. Software
license revenue, in particular, is subject to variability with a significant
proportion of revenue earned in the last month of each quarter. Given the high
margins associated with license revenue, modest fluctuations can have a
substantial impact on net income. Investors should not use any one quarter's
results as a benchmark for future performance. For a more detailed description
of the risk factors associated with the company and the industries in which it
operates, please refer to the company's Annual Report on Form 10-K for fiscal
2012 ended January 31, 2012, and in particular, the section entitled "Risk
Factors" therein, and in other periodic reports the company files with the
Securities and Exchange Commission.

QAD Inc.
Ashley DeVan
Sr. Director of Marketing Communications
+1 805-566-6126
ashley.devan@qad.com
or
QAD Inc.
Heidi Wieland
Media Relations
+1 805-565-2452
Heidi.wieland@qad.com



Copyright Business Wire 2013