Big changes in the way we live or do business do not come all at once. With a steady transformation over the last three decades, the automotive industry has witnessed a plethora of changes with regard to technological innovation in the guidance and communication systems integrated with the various devices. When it comes to the car maker supply chain and automotive sector, these changes encompass the shift from a stock production to a production based on the individual customer request. However, only a few factors have changed the automotive industry as much as globalization has. While car manufacturers get involved in a fierce global competition, suppliers also demand delocalized production to supply to the clients everywhere. In the wake of these complexities and cost pressure challenges, along with powering with environment-friendly manufacturing and the Industry 4.0 initiatives, how do car manufacturers keep up?
Sorma has the answers. With over three decades of industry experience, Sorma is on the forefront of innovation with its Si5 ERP solution, coupled with its exceptional consulting services, assisting automotive manufacturers in mitigating these shortcomings and weaving out a successful strategy in their business. Sorma supports the dimensional growth and the internationalization of its customers, thanks to its complete, powerful software with an excellent cost-benefit ratio.
Sorma’s extensive know-how in automotive components allows companies in the carmaker supply chain and automotive sector to address their specific management needs and to enhance their tasks through internationally proven practices.
Nicola Forni, CTO
The company’s uniqueness stems from its industry-leading management expertise and the ability to manage complex projects of information systems that enable companies challenged with globalization and delocalization to pull down complex projects with reliability and competence. With its advanced supply chain integration, EDI connection, web access to the application, business intelligence, Check-On MES, Industry 4.0 functions, Sorma holds a sweet spot in the market, meeting the needs of today and tomorrow. “Sorma represents the right dimensional compromise in the customer-supplier relationship, offering a powerful and flexible software solution at the right price,” adds Nicola Forni, CTO of Sorma.
The company’s core solution, Si5, is a single master data management platform that organizations can leverage to optimize a broad spectrum of their operations including production, sales, procurement, logistics, finance, and control, with an excellent cost-benefit ratio. The powerful ERP software can handle different languages, currencies, or localizations in a single installation, thereby offering productivity on any activity on the system. Along with a scalable, flexible and high parametric setup, Si5 efficiently manages technical data for designing new products or analyzing the life cycle management. “Our platform seamlessly connects with all the machinery and software within the organization so that the client can easily analyze the production or suppliers at any given point of time,” states Oscar Polato, CEO of Sorma.
In an instance, GP Tecnica, an automotive component supplier specialized in die construction, deep drawing, superforming, robot welding, and polishing, partnered with Sorma for an Industry 4.0 certification project. Sorma integrated its Si5 ERP and MES CheckOn solution in the client’s operations, thereby enabling them to deliver their products with high efficiency and low cost, and strengthen the client’s brand among its customers like Ferrari, Maserati, and Aston Martin.
With customers in 28 countries across four continents, Sorma has been developing and implementing efficient ERP and automotive projects for decades, clearly delivering effective competitiveness for customers. The company aims to enhance its winning strategy in the future through a graphical interface for the Si5 ERP on the web, and a native data analysis and business intelligence platform that let customers design their dashboard and data navigation. Sorma’s international exposure plays a crucial role in its success and popularity. Thus, the company is investing in new co-operation in the European markets, starting from Poland where Si5 is already being used in leading enterprises.
Hain Celestial Completes the Sale of Plainville Farms
LAKE SUCCESS, N.Y -- The Hain Celestial Group, Inc. (Nasdaq: HAIN) ("Hain Celestial" or the "Company"), a leading organic and natural products company with operations in North America, Europe, Asia and the Middle East providing consumers with A Healthier Way of Life™, today announced that it has completed the first step in its divestiture of the Hain Pure Protein operating segment with the sale of the Plainville Farms business to Plainville Brands, LLC, a Delaware limited liability company backed by a group of private investors. Plainville Farms did not contribute to earnings or cash flow in fiscal year 2018. With respect to the divestiture of the remainder of its Hain Pure Protein operating segment, the process remains ongoing and the Company continues to anticipate closing in the coming months.
Safe Harbor Statement
Certain statements contained in this press release constitute "forward-looking statements" within the meaning of federal securities laws, including the Private Securities Litigation Reform Act of 1995. Forward-looking statements are predictions based on expectations and projections about future events and are not statements of historical fact. You can identify forward-looking statements by the use of forward-looking terminology such as "plan", "continue", "expect", "anticipate", "intend", "predict", "project", "estimate", "likely", "believe", "might", "seek", "may", "will", "remain", "potential", "can", "should", "could", "future" and similar expressions, or the negative of those expressions, or similar words or phrases that are predictions of or indicate future events or trends and that do not relate solely to historical matters. You can also identify forward-looking statements by discussions of the Company's potential divestiture of its Hain Pure Protein business.
Forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, levels of activity, performance or achievements of the Company, or industry results, to be materially different from any future results, levels of activity, performance or achievements expressed or implied by such forward-looking statements, and you should not rely on them as predictions of future events. Forward-looking statements depend on assumptions, data or methods that may be incorrect or imprecise and may not be able to be realized. We do not guarantee that the transactions and events described will happen as described (or that they will happen at all). Such factors, include, among others, the Company's beliefs or expectations relating to the impact of competitive products, changes to the competitive environment, changes to consumer preferences, our ability to manage our supply chain effectively, changes in raw materials, freight, commodity costs and fuel, consolidation of customers, reliance on independent distributors, general economic and financial market conditions, risks associated with our international sales and operations, our ability to execute and realize cost savings initiatives, including, but not limited to, cost reduction initiatives under Project Terra and SKU rationalization plans, our ability to identify and complete acquisitions or divestitures and integrate acquisitions, the availability of organic and natural ingredients, the reputation of our brands and the other risks detailed from time-to-time in the Company's reports filed with the United States Securities and Exchange Commission, including the Annual Report on Form 10-K for the fiscal year ended June 30, 2018, and our quarterly reports. As a result of the foregoing and other factors, the Company cannot provide any assurance regarding future results, levels of activity and achievements of the Company, and neither the Company nor any person assumes responsibility for the accuracy and completeness of these statements. All forward-looking statements contained herein apply as of the date hereof or as of the date they were made and, except as required by applicable law, the Company disclaims any obligation to publicly update or revise any forward-looking statement to reflects changes in underlying assumptions or factors of new methods, future events or other changes.