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TIE Holding N.V. (AMS:TIE) Leading Garage Door, Embossed Barrier and Breathable Plastic Film Manufacturer selects TIE's EDI Outsourcing Solution for Supply Chain Efficiency
Master Data Management Software Company TIE Holding N.V. ("TIE") listed on the NYSE Euronext Amsterdam Stock Exchange hereby announces that Clopay® has selected TIE to provide a fully integrated TIE Kinetix e-Invoicing solution to drive supply chain efficiency between the company and their customers and business partners. TIE's powerful translation capabilities have enabled Clopay to effortlessly transact business and manage more than 17000 transactions per month without error. The overall costs for data storage and software execution have been significantly reduced, and the time dedicated to both new trading partner set up and integration formats have been reduced by 75%.
As a result of Outsourcing it's EDI to TIE; Clopay has experienced an annual cost savings of over $80,000 in the first year of service. "TIE has years of experience in supporting the operation of mission-critical electronic commerce processes in the area of communications and document mapping requirements specified by our customers in the retail and manufacturing industry.", said Carmel Hierth, Director of IT for Clopay. "We have been able to keep the headcount down in our department while maintaining system integrity to support our business and meet our trading partner requirements. Outsourcing our managed EDI services to TIE has been one of the best business decisions that Clopay could have made".
"Clopay understands that technology investments outside the enterprise can deliver strategic value to their business and customers," says Jan Sundelin, CEO of TIE. "Clopay has consolidated its EDI operations with TIE and now is able to focus on improving and optimizing its business processes and customer relationships."
Clopay needed a more efficient way of managing their EDI applications and found day-to-day operations of an in-house EDI program intensive and expensive. Recognizing these needs, the Clopay technical and business teams saw the effort to consolidate EDI operations as an opportunity to utilize business process integration with all its customers and partners across the supply chain.
TIE worked very closely with Clopay to provide a fully outsourced B2B integration solution utilizing datacenter infrastructure provided by SUNGARD Availability Services®. This solution not only supported the integration of the company's internal business processes, but more importantly enabled direct connections between the business processes of Clopay and its trading partners. TIE's user interface provided Clopay with an easy-to-use system with any-to-any mapping capabilities that ensured flexibility enough for future integration efforts.
About Clopay® Building Products Division - With four manufacturing facilities and 49 distribution centers across the U.S. and Canada, Clopay is North America's leading manufacturer of residential garage doors and a leader in the industrial door market. Bringing more than 40 years of leadership to the garage door industry, Clopay is the only garage door manufacturer to hold the Good Housekeeping Seal.
Profile TIE TIE bridges the gap between online and traditional business. TIE helps industry and supply chain partners to achieve electronic business collaboration with solutions in the traditional and upcoming markets like Data Quality Management, e-Invoicing, Master Data Management and Digital Channel Communications. Our solutions are proven to lower costs, increase revenue and optimize business processes. Because we have decades of experience to share, TIE remains a key contributor to the development and implementation of global eCommerce standards. TIE is a publicly held company with offices in the United States, France, and the Netherlands.
Further information:
TIE Holding N.V.
Jan Sundelin, CEO
Antareslaan 22-24 2132 JE Hoofddorp The Netherlands Tel: +31-20-658 93 33 Fax: +31-20-658 90 01
