QAD INC.
QAD INC.
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Stocks
Ticker: QADA
ISIN:

QAD and Quistem Help Automotive Customers with Operational Restart Readiness Checklist

  • 44

QAD and Quistem have teamed up to develop specific guidelines to help automotive manufacturers prepare for the restart of their operations during the COVID-19 pandemic. These guidelines feature 13 key topics that automotive suppliers will need to address in order to align their operational restart with their customers in the automotive supply chain.

"With our focus on automotive manufacturing customers, we teamed up with Cathy Fisher, president of Quistem, a global expert in automotive management systems, to put together specific guidelines to help automotive suppliers get their facilities up and running during the COVID-19 pandemic," said QAD Director, Automotive Terry Onica. "We recognize organizations are currently receiving a lot of guidance about protecting their employees from the COVID-19 virus. However, for quality product and delivery to their customers, additional detailed focus on 13 key aspects of their business will contribute to a successful restart."

The Operational Restart Readiness Checklist covers the following topics and provides detailed checkpoints related to each:

  1. Contingency plans
  2. Inventory
  3. Immediate customer delivery requirements
  4. Immediate delivery plan including transportation
  5. Supplier inventory and near-term delivery plan
  6. Availability of outsourced processes
  7. Temporary process changes due to virus risk reduction actions
  8. Product/process requalification plan
  9. Accuracy of work instructions
  10. Workforce availability and training
  11. Equipment, tooling and gauging restart risks and maintenance
  12. Facility infrastructure
  13. Communication plans to all stakeholders

OEMs and suppliers interested in learning more can access the checklist here.

In addition to offering the Operational Restart Readiness checklist, QAD and Quistem recorded a webinar in conjunction with the Automotive Industry Action Group (AIAG) outlining a three-step plan for automotive suppliers to follow when preparing to restart their operations. This plan includes: 1) managing the COVID-19 virus at the facility; 2) restarting manufacturing operations; and 3) recovering operational stability. The webinar can be viewed here.

About Quistem

Quistem helps global automotive manufacturers transform their management systems into “Money-making Machines.” We simplify the complex through our integrated approach to management systems development and implementation, enabling our clients to consistently satisfy their customers while fulfilling stringent automotive industry requirements. Over the past 25 years, Quistem has helped automotive manufacturers, from OEMs to Tier 1 thru Tier n, achieve and maintain certification to international management systems standards including ISO 9001, IATF 16949, ISO 14001, ISO 45001. Quistem is at the forefront of standards development to support the transition of the automotive industry towards new mobility solutions.

About QAD – Enabling the Adaptive Manufacturing Enterprise

QAD Inc. is a leading provider of adaptive, cloud-based enterprise software and services for global manufacturing companies. Global manufacturers face ever-increasing disruption caused by technology-driven innovation and changing consumer preferences. In order to survive and thrive, manufacturers must be able to innovate and change business models at unprecedented rates of speed. QAD calls these companies Adaptive Manufacturing Enterprises. QAD solutions help customers in the automotive, life sciences, packaging, consumer products, food and beverage, high tech and industrial manufacturing industries rapidly adapt to change and innovate for competitive advantage.

Founded in 1979 and headquartered in Santa Barbara, California, QAD has 29 offices globally. Over 2,000 manufacturing companies have deployed QAD solutions including enterprise resource planning (ERP), demand and supply chain planning (DSCP), global trade and transportation execution (GTTE) and quality management system (QMS) to become an Adaptive Manufacturing Enterprise. To learn more, visit www.qad.com or call +1 805-566-6000. Find us on Twitter, LinkedIn, Facebook, Instagram and Pinterest.

"QAD" is a registered trademark of QAD Inc. All other products or company names herein may be trademarks of their respective owners.

Note to Investors: This press release contains certain forward-looking statements made under the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995, including, but not limited to, statements regarding projections of revenue, income and loss, capital expenditures, plans and objectives of management regarding the company's business, future economic performance or any of the assumptions underlying or relating to any of the foregoing. Forward-looking statements are based on the company's current expectations. Words such as "expects," "believes," "anticipates," "could," "will likely result," "estimates," "intends," "may," "projects," "should," "would," "might," "plan" and variations of these words and similar expressions are intended to identify these forward-looking statements. A number of risks and uncertainties could cause actual results to differ materially from those in the forward-looking statements. These risks include, but are not limited to: risks associated with the COVID-19 (novel coronavirus) pandemic or other catastrophic events that may harm our business; adverse economic, market or geo-political conditions that may disrupt our business; our cloud service offerings, such as defects and disruptions in our services, our ability to properly manage our cloud service offerings, our reliance on third-party hosting and other service providers, and our exposure to liability and loss from security breaches; demand for the company's products, including cloud service, licenses, services and maintenance; pressure to make concessions on our pricing and changes in our pricing models; protection of our intellectual property; dependence on third-party suppliers and other third-party relationships, such as sales, services and marketing channels; changes in our revenue, earnings, operating expenses and margins; the reliability of our financial forecasts and estimates of the costs and benefits of transactions; the ability to leverage changes in technology; defects in our software products and services; third-party opinions about the company; competition in our industry; the ability to recruit and retain key personnel; delays in sales; timely and effective integration of newly acquired businesses; economic conditions in our vertical markets and worldwide; exchange rate fluctuations; and the global political environment. For a more detailed description of the risk factors associated with the company and factors that may affect our forward-looking statements, please refer to the company's latest Annual Report on Form 10-K and, in particular, the section entitled "Risk Factors" therein, and in other periodic reports the company files with the Securities and Exchange Commission thereafter. Management does not undertake to update these forward-looking statements except as required by law.

View source version on businesswire.com: https://www.businesswire.com/news/home/20200602005368/en/

Business Wire
Business Wire
Business Wire, acquired by Berkshire Hathaway in 2006, is the global market leader in commercial news distribution. Thousands of member companies and organizations depend on Business Wire to transmit their full-text press releases, regulatory filings, photos and other multimedia content to journalists, financial professionals, investor services, regulatory authorities and consumers worldwide.