Datacraft Solutions Reaches Settlement in Shareholder Litigation
Released on: June 30, 2008, 12:08 pm
Press Release Author: Thomas R. Cutler
Industry: Management
Press Release Summary: Datacraft Solutions Reaches Settlement in Shareholder Litigation
Press Release Body: Datacraft Solutions, Inc. and Matthew Marotta, who has not been with the company since September of 2006, announced, Monday, June 23rd, that they have reached a mutually agreeable resolution of the shareholder litigation pending between them and certain other shareholders of Datacraft Solutions. Both Datacraft Solutions and Mr. Marotta expressed satisfaction with the settlement, the terms of which are confidential and not disclosed.
Datacraft Solutions is the leader in providing digital demand driven supply chain solutions to manufacturers that are managing a supply chain of many suppliers with varying lead times. These are typically assembly line manufacturers that have typically carried higher levels of safety stock due to the costs associated with stock outs on an assembly line. Digital Kanban solutions within the demand-driven supply chain impact profit margins in several ways, by decreasing expense side tangible cost associated with legacy forecast management solutions and by increasing profit margins through efficiency gains. Automated Kanban can dramatically reduce inventory, increase turns, and eliminate stock outs while enhancing supplier relations and customer satisfaction. Datacraft Solutions delivers their solution as Software as a Service (SaaS). SaaS is a rapid, efficient and cost effective approach to implementing Automated Kanban.
Datacraft Solutions (www.datacraftsolutions.com) delivers a revolutionary digital kanban process of automation solutions to lean manufacturers through a secure Internet gateway, eliminating the need to install and maintain a complex IT infrastructure. The company has experienced significant growth in the past two years by eliminating complicated, expensive, time-intensive software implementations as well as extensive training regimens and the need for internal support. Datacraft Solutions’ replenishment supply chain digital kanban system allows customers to access and utilize powerful lean benefits immediately for a low, predictable monthly fee. Services are scalable so manufacturers can design an appropriate digital kanban solution.
2010
