Sierra Atlantic launches ECO Lens Application Networks set

New Delhi: Sierra Atlantic, the Application Networks company, today announced the release of ECO Lens, the latest solution in its Application Networks solution set.

Developed at the Global Development Centre located in Hyderabad, India, ECO Lens is a sophisticated, configurable, browser-based, cost-management analytic solution that saves manufacturing companies millions of dollars in inventory write-offs and vendor cancellation fees by optimising Engineering Change Order (ECO) timings.

ECO Lens provides superior value that is scalable and affordable with immediate cash benefits. Easy implementation, maintenance and compatibility with existing ERP systems make it unique in the industry.

"With ECO Lens, manufacturing companies dramatically decrease outdated material and inventory costs at the same time streamlining and optimising the new product introduction process," says Joga Ryali, CTO and senior vice-president of products, Sierra Atlantic. "ECO Lens allows companies to realise significant cost savings in a matter of weeks by continuously identifying changes across the extended supply chain, analysing the business impact of those changes, and simulating multiple cost scenarios. It takes action based on their business rules and corporate objectives."

ECO Lens users can expect a return on their investment within two quarters. For example, a $500-million company with $15 million of annual material obsolescence and excess inventory costs can save at least 10 per cent using ECO Lens, adding $1.5 million to the operating margin. The tool can be implemented within weeks using existing application infrastructure without disruption to any existing business processes.

Says Paul Fu, vice-president (strategy) Agile Software: "One of the biggest issues enterprises face today is a lack of visibility of their supply chains — both upstream and downstream. With ECO Lens, Sierra Atlantic has developed a solution that focuses on providing this visibility for global manufacturers, and thus improving their manufacturing execution. Agile provides solutions for companies to bring their products to market more effectively and more profitably; and we are excited that Sierra Atlantic has built a solution that leverages the Agile PLM platform to further improve the product profitability of our customers."