Randy Richel at Trakware Helps to Define Engineer-to-Order Market

Released on: February 13, 2008, 5:42 am

Press Release Author: Thomas R. Cutler

Industry: Software

Press Release Summary: Randy Richel at Trakware Helps to Define Engineer-to-Order

Press Release Body: The term engineer-to-order (ETO) denotes a style of
manufacturing rather than a specific industry segment. Other synonymous terms are
"project-based" or "custom" manufacturers. ETO companies typically have distinct
characteristics about the way they conduct business that differentiate them from
discrete or repetitive manufacturers.

According to Richel, P.Eng., CEO and General Manager of Trakware, "The vast majority
of companies rely on ERP and database management capabilities to accomplish
enterprise tasks today, emerging technologies, such as next generation MES
(manufacturing execution systems) manufacturing intelligence, and business analytics
are playing an increasingly important role. Since ETO manufacturers have always
been slower adopters of new technology it is not surprising that over the next three
years project-based manufacturers will pursue rapid adoption of manufacturing
intelligence solutions, business analytics, and real-time KPIs enabling continuous
improvement and provide the fuel for future innovation."

Randy Richel, joined Trakware (www.trakware.com) in August, 2004. Previous to
Trakware, he held senior positions in global product development, software delivery,
software quality, product management, strategic partnering, while at
MessagingDirect/ACI Worldwide.

ETO companies build unique products designed to customer specifications. Each
product requires a unique set of item numbers, bills of material, and routings.
Estimates and quotations are required to win business. Products are complex with
long lead times, typically months or even years. Unlike standard products, the
customer is heavily involved throughout the entire design and manufacturing process.
Engineering changes are a way of life. Material is purchased not for inventory but
for a specific project. All actual costs are allocated to a project and tracked
against the original estimate. Once complete, the product is typically installed at
the customer's site. In most cases, aftermarket services continue throughout the
life of the product.

TRAKware provides an integrated solution for Manufacturing, Planning, and Control
(MPC) functions such as:

. estimating
. order entry
. project execution
. scheduling
. shop floor data collection
. purchasing/receiving
. shipping/invoicing
. job costing
. financial analysis
. accounting

Trakware Systems is the worldwide leader in manufacturing execution system (MES)
solutions for engineer-to-order (ETO) and project-based manufacturers maximizing
both profitability and productivity. Trakware specializes in lean business-critical
functions such as estimating, advanced scheduling, job costing, production
management and labor as well as material shop floor data collection. TRAKware
software fully integrates with existing ERP systems, as well as major software
providers for financials, engineering design, optimization, payroll and wireless
interaction for mobile workers. Trakware recognizes ETO manufacturing as a process
and includes a wide range of industry sectors including Architectural Woodworking,
Cabinets, Store Fixtures, Doors and Windows, Furniture, Oil and Gas Fabrication,
Solid Surface, Metal Fabrication, Yachts-building, and Custom Electronics.

Founded in 1995, Trakware's partners include Microsoft, Oracle, ADP, Sage, and
SolidWorks, Dell and TouchSystems. TRAKware software allows any manufacturer with
unique requirements of a custom engineered-to-order business, in any industry, to
have total control of each and every order through the plant. Trakware is the
leader in delivering innovative Manufacturing, Planning, and Control (MPC) solutions
for project-based manufacturers.

TRAKware Systems Inc.
Randy Richel, CEO

Web Site: http://www.trakware.com

Contact Details: TRAKware Systems
1120-13 Mission Ave.
St.Albert, Alberta, Canada

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