Paso Robles, CA August 9, 2001 Bucking the trend this rocky earnings season, IQMS, a provider of enterprise resource planning (ERP) and supply chain management solutions for the plastics industry, this week reported its 50th consecutive profitable quarter.
The company has finished every quarter in the black since Q1 1989. Privately held IQMS did not release financial details for the quarter but attributed its continued profits to sales of its new system, EnterpriseIQ ERP II, and sales of new modules to existing customers.
New additions to the company's customer base in the second quarter included tier-one automotive supplier Injectronics, Donnelly Custom Manufacturing, Scientific Molding Corp., Blue Star Plastics, Venture Plastics, Fisher Mold and JATCO.
Jon Adams, director of IT at Injectronics, a multi-plant manufacturer supplying Ford, DaimlerChrysler and GM, cited ease of implementation, module integration and ease of use as reasons for his company's decision to invest in EnterpriseIQ. "In the end it came down to EnterpriseIQ providing the most benefit the soonest, and being the best solution to help us grow in the long term," Adams said. "Integration of RF scanning (warehouse management) and real-time monitoring of our presses are key to helping us reach our corporate objectives."
Within the past year, IQMS has released several new modules to keep up with the manufacturing and supply chain needs of its plastics and repetitive manufacturing customers. Additions include a customer relationship management module, an enhanced suite of human resources modules, an automated voice alert system for large plants and expanded Internet portals for customer and vendor collaboration.
Randy Flamm, president of IQMS, said his company's growth could be attributed in part to simple economics. "Manufacturers need an efficient management system in place no matter how the economy is performing," he said.