IBS announces global commitment to electrical wholesale industry

News & Events 2007-06-18

As part of its strategy to focus on key global industries, IBS has appointed Davide Spada as Vice President of electrical wholesale industry. Spada will manage IBS worldwide activities for this industry, creating knowledge around IBS products, consultancy and services, increasing revenues within the sector and developing strategic relationships with national and international electrical distribution associations and business partners.

Spada comments, “IBS is focusing on the global market for electrical product distribution to the construction, electronics manufacturing and utilities markets. Companies that distribute cables, switches, lights and other electrical products have their own particular business issues for which IBS can provide a comprehensive and dedicated solution.”

The electrical products market is defined by complex pricing structures, restricted margins and a need for tight control of inventory and warehouse management. IBS has a solution that has been developed in conjunction with distributors in the market to ensure it meets the specific needs of the industry. In addition, IBS consultants are experienced in this market and have a real understanding of the issues and challenges facing electrical product distributors.

Spada continues, “IBS already has a very strong presence in the global electrical distribution market, with global customers that include Maxell, Rexel and Mayflex. Our software can transform companies’ bottom lines - reduce inventory and costs while increasing profits. IBS Enterprise is powerful enough to handle ever-changing orders, intricate pricing, and other complex challenges. It enables a warehousing system that is fast and efficient to cut, scrap, control and track inventory, provide kitting and meet job-by-job demands. It also provides pricing, forecasting and product information that interacts with e-commerce technology.”

IBS Enterprise for electrical products distribution – IBS Electro – contains high level functionality that has been specifically designed for electrical products distributors. It offers project quotation handling and control that enables customization and expedition of orders. It also allows for flexible pricing, supply and billing options, streamlining the flow of goods to customers. The powerful warehouse management tools - such as lot and serial number tracking, bar coding/RF and workflow management - help save space, time and costs. IDX/IDW and EDI/XML compatibility lets companies procure the best goods at the best prices and comprehensive Business Intelligence capability helps maximize profits with analyses of financials, targets, customers, job management and more.

Spada concludes, “Our products have been developed in line with the electrical products distribution industry for many years and we now have a comprehensive solution with dedicated functionality that no other software vendor can match. In addition, we are making significant investment in research and development to keep IBS Enterprise at the forefront of the industry, with new functionality to handle key issues, such as Eco-Taxes, available very soon. The re-structuring of our business to dedicate resources to key global industries means we can be even more focused and responsive to their challenges and demands.”

For further information, please contact:

Henrik Stache
SVP Sales and Marketing
IBS CORPORATE HEADQUARTERS
+46 (0) 8 627 23 40 
henrik.stache@ibs.se   

John Womack,
SVP Communications & IR
IBS CORPORATE HEADQUARTERS
+46 (0)8 627 24 99
john.womack@ibs.net  

Jack Gocher
JGC PR
+44 (0) 1494 724113
jack@jgc-pr.co.uk