| |
The Douglas Stewart Company to Implement Acorn Systems Profit Optimization Software Enterprise-WideLeading Educational Marketplace Distributor to Implement Acorn's Profit Increasing SoftwareHouston, Texas — January 28, 2003 — The Douglas Stewart Company has selected Acorn Systems Profit Analyzer™ software to implement on an enterprise-wide basis. The Douglas Stewart Company expects to significantly increase profits through using Acorn's software to identify causes of missed profit opportunities, sustainable ways to capture these missed opportunities and how the company can maximize profits without compromising on its customer service. Acorn's software enables clients to optimize the profitability of any customer, supplier, product or order dynamically and on an ongoing basis. The Douglas Stewart Company will gain new visibility into net operating profits and profit drivers enabling them to identify and expand best practices, negotiate for "win-win" profitability increases with customers and suppliers, optimize incoming orders, identify and grow the most profitable products and customer segments, and empower employees to drive profitability. "What attracted us to Acorn was their unique combination of next generation profitability software and implementation methodology that is focused on the how and why of improving profits for their clients," said Scott Bukolt, President of The Douglas Stewart Company. "What really convinced us we were making the right decision was the strong endorsements and confirmations of value received from the installed customers we talked to. We look forward to telling our success stories in the very near future." "The Douglas Stewart Company is a recognized leader in developing profitable business solutions for educational resellers," said J. Alex Fernandez, COO of Acorn Systems. "We are very pleased to have this opportunity to work with such a visionary leader. By leveraging The Douglas Stewart Company's IT systems data, and empowering their employees with accurate and actionable order level profit and loss information, The Douglas Stewart Company will operate more efficiently, consistently and profitably." Acorn Systems solution leverages Douglas Stewart's extensive ERP and General Ledger data from its ERP, and therefore does not require the regular manual updating required by traditional Activity Based Costing systems. In turn, the solution will deliver actionable data on demand without end-of-the-period delay, at a lower price point, and with fewer maintenance resource requirements for The Douglas Stewart Company. With Acorn Systems Profit Analyzer, The Douglas Stewart Company will have rules-based enterprise-wide access to costing data without delay, so profit and loss information is available to the employees who can most benefit from it, when and where they need this information, not after the fact. The Douglas Stewart Company P&L and sales executives will be able to use Acorn Systems Profit Analyzer Software to view accurate costing information of each customer, supplier and product down to the individual line item level of each order. About The Douglas Stewart Company About Acorn Systems, Inc.
|
|
| |
