Lawson Software (Nasdaq: LWSN)
today announced the general availability of Lawson
M3 Graphical Lot Tracker, a pre-configured supply chain traceability
solution. Designed for rapid implementation and ease of use, the new
solution can help food & beverage companies gain greater control over food
supply chain safety and quality and help them address compliance and
traceability regulations introduced by U.S. and European regulatory
agencies. The new product is generally available today.
Lawson M3 Graphical Lot Tracker is an enhanced version of the previous
Lawson M3 Trace Engine. It helps improve supply chain visibility and
helps food & beverage producers track production processes from raw
materials, through production, and to the point of sale. It can also
help companies manage potential product recalls, which can ultimately
help protect their brands during a crisis. Designed primarily for the
food and beverages industry, Lawson M3 Graphical Lot Tracker can also be
used in manufacturing and fashion environments where companies need to
track and trace the links between different lots in their various supply
chains.
This latest offering from Lawson includes powerful search capabilities
to help companies quickly trace backwards to identify potentially
tainted raw material lots – or forward to determine the potential scope
of product or safety issues. Customer recall lists can be generated to
identify affected end-products. In addition, "lots in stock” reports
identify products remaining inside an organization’s supply chain with
the option to stop the product lots from further delivery. A grouped
search function makes it possible to search multiple and combined
product lots at the same time, which can be helpful when processing a
large number of lots or conducting root cause analysis.
To assist with crisis planning, Lawson M3 Graphical Lot Tracker allows
companies to create ‘what if’ scenarios, so they can simulate, test and
audit likely scenarios before they happen. This dry run capability can
help companies identify inefficiencies and gaps in their processes and
helps prepare them for real-life situations before it’s too late.
In addition to supporting reactive recalls, Lawson M3 Graphical Lot
Tracker can help companies streamline audits by providing proof of
safety procedures, product quality, and sourcing strategies. An
intuitive web-based user interface helps simplify use for internal and
external parties. Regulators and key-customers can have online access to
traceability data, which can help build trust and confidence in a
company’s products and brand.
"Food companies and consumers alike are much more aware of product
safety issues today, which is driving greater need for traceability and
product safety capabilities in the production and distribution of
products,” said Patrik Sjöberg, director of product management at
Lawson. "Traceability, transparency and trust are critical for companies
to retain their market position and protect their reputation. In the age
of globalization, goods are moving quickly across borders and through
complex supply chains, so traceability are getting more challenging.
Lawson M3 Graphical Lot Tracker provides enhanced capabilities that can
go beyond simple tracking and tracing, ultimately helping our customers
focus on product quality and brand protection.”
About Lawson Software
Lawson Software is a global provider
of enterprise software. We provide business application software,
maintenance and consulting to customers primarily in specific services,
trade and manufacturing/distribution industries. We specialize in and
target specific industries including healthcare, services, public
sector, equipment service management & rental, manufacturing &
distribution and consumer products industries. Our software solutions
include Enterprise Financial Management, Human Capital Management,
Business Intelligence, Asset Management, Enterprise Performance
Management, Supply Chain Management, Service Management, Manufacturing
Operations, Business Project Management and industry-tailored
applications. Our applications help automate and integrate critical
business processes, which enable our customers to collaborate with their
partners, suppliers and employees, reduce costs and enhance business or
operational performance. Lawson is headquartered in St. Paul, Minn., and
has offices around the world. Visit Lawson online at www.lawson.com.
For Lawson’s listing on the First North exchange in Sweden, Remium AB is
acting as the Certified Adviser.
Forward-Looking Statements
This press release contains
forward-looking statements that contain risks and uncertainties. These
forward-looking statements contain statements of intent, belief or
current expectations of Lawson and its management. Such forward-looking
statements are not guarantees of future results and involve risks and
uncertainties that may cause actual results to differ materially from
the potential results discussed in the forward-looking statements. Risks
and uncertainties that may cause such differences include but are not
limited to: the risk that the pending merger with GGC Software Holdings,
Inc., an affiliate of Golden Gate Capital and Infor, may not be
completed on a timely basis, if at all; the risk that the conditions to
the consummation of the merger may not be satisfied; the risk that the
merger may involve unexpected costs, liabilities or delays; the risk
that expected benefits of the merger may not materialize as expected;
the risk that, prior to the completion of the merger, Lawson's business
may experience significant disruptions, including loss of customers or
employees, due to transaction-related uncertainty or other factors; the
fact that legal proceedings that have been instituted and the
possibility that additional legal proceedings may be instituted against
Lawson, its directors and/or others relating to the merger and the
outcome of such proceedings; the possible occurrence of an event, change
or other circumstance that could result in termination of the merger
agreement; uncertainties in the software industry; uncertainties as to
when and whether the conditions for the recognition of deferred revenue
will be satisfied; increased competition; the impact of foreign currency
exchange rate fluctuations; changes in conditions in Lawson's targeted
industries; the outcome of pending litigation; and other risk factors
listed in Lawson's most recent Annual Report on Form 10-K and subsequent
Quarterly Reports on Form 10-Q filed with the Securities and Exchange
Commission. Lawson assumes no obligation to update any forward-looking
information contained in this press release.
