Business Wire

PANDORA Partners with Quintiq for Implementation of a Production Planning Solution

Jaa

Quintiq, a Dassault Systèmes company and global leader in supply chain planning and optimization (SCP&O), announced today that its software will be used to support PANDORA’s capacity expansion program. PANDORA, the world’s largest jewelry manufacturer by production volume, aims to have doubled its production capacity from 2015 level to end of 2019 to meet rising consumer demand from 7,800 points of sale in more than 100 countries where its products are sold.

This press release features multimedia. View the full release here: http://www.businesswire.com/news/home/20180301005638/en/

PANDORA Partners with Quintiq for Implementation of a Production Planning Solution (Photo: Business  ...

PANDORA Partners with Quintiq for Implementation of a Production Planning Solution (Photo: Business Wire)

PANDORA will implement Quintiq for tactical and operational production planning in its three crafting facilities in Thailand, where over 95% of their jewelry was produced in 2017. The Quintiq solution will enable PANDORA to optimize its production planning, which will play a key role in improving utilization of existing and future production capacity, and increase productivity.

“With Quintiq’s advanced planning system supporting our capacity expansion program, we will be able to scale up manufacturing capacity, increase our efficiency and increase agility to satisfy the demands of our valued customers,” said Thomas Touborg, SVP Group Operations of PANDORA.

New production capabilities to support retail expansion and increased demand

It is a constant challenge for PANDORA to meet the demand from its increasing number of retail stores. The company added 376 concept stores last year, bringing the total to over 2,400 stores. It recently launched its Chinese eSTORE, together with Tmall.com by China’s Alibaba Group.

PANDORA produces more than 120,000,000 pieces of jewelry yearly distributed across approximately 1,500 designs and launches more than 500 new designs every year to fulfil product campaigns and seasonal demand. The Quintiq solution will optimize utilization of production equipment as well as human resources by ensuring that the specialized craftsmen have the correct mix of skills to execute the planned production. The solution will provide the agility needed to achieve high utilization and on-time delivery while considering peaks in seasonal customer demand. By doing so, Quintiq will support PANDORA in significantly reducing production lead time enabling them to serve the market with exciting new products faster, keeping up with demand spikes and build customer interest in its modern jewelry.

“We are proud to work with a global brand like PANDORA,” said Rob van Egmond, Quintiq CEO. “Quintiq will support PANDORA’s growth and market ambitions with a solution that aligns with its lean production efforts and can scale up to meet increasing demand. We are confident that PANDORA will soon be reaping the business benefits of its strategic capacity expansion program.”

About PANDORA

PANDORA designs, manufactures and markets hand-finished and contemporary jewelry made from high-quality materials at affordable prices. PANDORA jewelry is sold in more than 100 countries on six continents through approximately 7,800 points of sale, including more than 2,400 concept stores.

Founded in 1982 and headquartered in Copenhagen, Denmark, PANDORA employs more than 27,300 people worldwide of whom approximately 13,200 are located in the three crafting facilities in Thailand, where the company manufactures all its jewelry. PANDORA is publicly listed on the NASDAQ Copenhagen stock exchange in Denmark. In 2017, PANDORA’s total revenue was DKK 22.8 billion (approximately EUR 3.1 billion). For more information, please visit pandoragroup.com.

About Quintiq

Every business has its supply chain planning puzzles. Some of those puzzles are large, some are complex and some seem impossible to solve. Since 1997, Quintiq has been solving each of those puzzles using a single supply chain planning and optimization software. Today, industry-leading companies across the globe rely on Quintiq software to plan and optimize workforces, logistics and production. Quintiq is part of Dassault Systèmes (Euronext Paris: #13065, DSY.PA) and has headquarters in the Netherlands and the USA, and offices around the world.

For more information, visit quintiq.com or follow Quintiq on Twitter, Facebook, LinkedIn and YouTube.

Contact information

North America Enquiries
Caitlin Noah
Quintiq
Tel: +1 484 586 3232
caitlin.noah@3ds.com
or
EMEA Enquiries
Richard Ratcliffe
Weber Shandwick
+44 207 067 0846
quintiq@webershandwick.com

Tietoja julkaisijasta

For more than 50 years, Business Wire has been the global leader in press release distribution and regulatory disclosure.

Tilaa tiedotteet sähköpostiisi

Haluatko tietää asioista jo ennen kuin ne uutisoidaan? Kun tilaat tiedotteemme, saat ne sähköpostiisi yhtä aikaa suomalaisen median kanssa. Tilauksen voit halutessasi perua milloin tahansa.

Lue lisää julkaisijalta Business Wire

Global IBC Future Zone and IABM Future Trends Theatre to Explore the Latest Tech Shaping the Industry20.8.2018 14:18Tiedote

IBC2018, the world’s most influential media, entertainment and technology show, today announces the line-up for the IBC Future Zone and IABM Future Trends Theatre. Well established as part of the IBC Exhibition, from 14-18 September, the Future Zone brings together the very latest ideas, innovations and concept technologies from international industry and academia and showcases them in a single specially-curated area sitting alongside exhibition Hall 8. This year, the focus is on showing how new technologies grow from their first inception and progress through to research, development, and validation projects; right through to maturing into the ground-breaking applications and future product standards. Major industry trail-blazers presenting their visions of the future, include Japan’s NHK and BBC R&D from the UK. Both companies will demonstrate a number of technology advances, including: Web-VR applications; object-based media scenarios; pathways to 8K resolution for UHD; and Artifici

Ocean Ambassador of the Netherlands Joins Endowment for Clean Ocean’s Entrepreneur Judges Committee20.8.2018 14:07Tiedote

The Endowment for Clean Oceans (ECO) announced Willemijn Peeters, Ocean Ambassador of the Netherlands and the Founding Director of Searious Business has joined ECO’s Entrepreneur Committee that will vet contestants’ plans to remove macro and micro plastics from the world’s oceans. “I am working to solve the problem of what to do with the plastic once it is removed from the ocean, by helping to create a market for plastic recovered from the ocean,” said Peeters. “Just like we need to end the use of single use plastic, we need to replace the manufacture of virgin plastic and replace it with recycled plastics, and as much as possible needs to be plastic recovered from the ocean.” View source version on businesswire.com: https://www.businesswire.com/news/home/20180820005004/en/ Contact information The Endowment for Clean Oceans Daniel Perrin Daniel.Perrin@endowmentforcleanoceans.org or connect@seariousbusiness.com

HeartSciences Showcases MyoVista® Wavelet ECG at 2018 European Society of Cardiology Congress (ESC)20.8.2018 14:00Tiedote

HeartSciences, a medical device company developing next generation ECG devices using continuous wavelet transform (CWT) signal processing and artificial intelligence, is proud to announce its participation as an exhibitor at the upcoming 2018 European Society of Cardiology Congress (ESC). The Congress will take place at Messe Munich International in Munich, Germany and will run from August 25 to August 29, 2018. HeartSciences will highlight its MyoVista® Wavelet ECG (wavECG™) Cardiac Testing Device as well as recent clinical study results published in the Journal of the American College of Cardiology (JACC) This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20180820005047/en/ MyoVista Wavelet ECG 12-Lead Cardiac Testing Device (Photo: Business Wire) The JACC article titled “Prediction of Abnormal Myocardial Relaxation from Signal Processed Surface ECG” presented the results from the investigator-initiated clinical study that focus

Murata Invests in MEMS Sensor Manufacturing in Finland20.8.2018 13:00Tiedote

Murata Manufacturing Co., Ltd. (TOKYO:6981) (ISIN:JP3914400001) expands its MEMS sensor manufacturing by building a new factory in Vantaa, Finland to increase the sensor production capacity. Total value of the investment is five billion yen. With the expansion, the company estimates to create 150–200 new jobs in 2018–2019. The MEMS sensors manufactured by Murata in Finland are used in applications such as car safety systems and pacemakers. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20180820005108/en/ New factory of Murata Electronics Oy (Graphic: Business Wire) Murata, a world leading manufacturer of electronic components, is significantly increasing global production capacity, including most recently its factory located in Finland. After having recently purchased the previously leased buildings, the company will construct a new building of approximately 16,000 square meters. The new facility is scheduled to be completed b

JAPANILAISYHTIÖ INVESTOI 42 MILJOONAA EUROA SUOMEEN20.8.2018 13:00Tiedote

Murata Manufacturing Co., Ltd. (TOKYO: 6981) (ISIN: JP3914400001) Maailman johtava elektroniikkakomponenttien valmistaja Murata lisää tuotantokapasiteettiaan Suomessa rakentamalla kokonaisalaltaan 16 000 neliön tehdaslaajennuksen Vantaalle. Investoinnin arvo on 42 miljoonaa euroa, ja yhtiö rekrytoi sen myötä 150–200 uutta työntekijää vuosina 2018–2019. Muratan Suomessa valmistamia MEMS-antureita käytetään esimerkiksi itseohjautuvissa autoissa ja sydämentahdistimissa. Tämä lehdistötiedote sisältää multimediaa. Katso koko julkaisu täällä: https://www.businesswire.com/news/home/20180820005165/fi/ New factory of Murata Electronics Oy (Graphic: Business Wire) Japanilaisen Murata-konsernin suomalaisyhtiö Murata Electronics rakentaa merkittävän tehdaslaajennuksen Vantaalle. Investoinnin arvo on 42 miljoonaa euroa. Nykyisen tuotanto- ja tuotekehitysyksikön kylkeen nousee kolmannes lisätilaa, minkä lisäksi yhtiö on ostanut itselleen nykyiset rakennukset sekä lisää tonttimaata uusille parkkipaik

Veristat is Recognized on the Inc. 5000 List of America’s Fastest-Growing Private Companies for the 4th Consecutive Year20.8.2018 11:00Tiedote

Veristat, a full service Clinical Research Organization (CRO), proudly announces its recognition once again by Inc. Magazine as one of the 5000 fastest-growing private companies in the United States. Since its first appearance on the list in 2015, Veristat has accelerated its growth in size, geographic reach and ability to successfully guide clinical trials through the development process to regulatory approval. “Veristat’s ability to achieve this national recognition and to remain on this list for 4 consecutive years highlights our sustainability, innovation and unfaltering commitment to consistently delivering the highest quality clinical development and regulatory submission services to our clients,” stated Patrick Flanagan, Chief Executive Officer at Veristat. “The meaningful impact that our teams provide to our clients and to lives of the patients their programs benefit is astounding. In 2018, our teams supported five regulatory submissions that were submitted to the US Food & Dru

Uutishuoneessa voit lukea tiedotteitamme ja muuta julkaisemaamme materiaalia. Löydät sieltä niin yhteyshenkilöidemme tiedot kuin vapaasti julkaistavissa olevia kuvia ja videoita. Uutishuoneessa voit nähdä myös sosiaalisen median sisältöjä. Kaikki STT Infossa julkaistu materiaali on vapaasti median käytettävissä.

Tutustu uutishuoneeseemme