mySAP(TM) Product Lifecycle Management Enables Proactive Maintenance
Processes to Drive Efficiency
PITTSBURGH, March 11 /PRNewswire-FirstCall/ -- SAP AG (NYSE: SAP) today
announced that NOVA Chemicals, a leading global supplier of commodity
chemicals, is achieving annual savings of approximately $10 million through
improved business processes enabled by mySAP(TM) Product Lifecycle Management
(mySAP PLM) and SAP enterprise resource planning software.
Using mySAP PLM, the company is making significant progress toward
delivering on its strategy to be the low-cost provider of commodity chemicals.
NOVA Chemicals' global World Class Reliability (WCR) program for improving
plant operating efficiencies is powered by SAP(R) solutions and the company
expects to continue reducing annual maintenance costs through the use of
standardized maintenance work processes and mySAP PLM software.
"The commodity chemicals market is dynamic and extremely competitive,"
said Larry MacDonald, chief financial officer, NOVA Chemicals. "With mySAP
PLM, we have been able to standardize our business processes, establish
measured performance indicators and maintain accurate data. Improving the
reliability of our manufacturing operations through a proactive maintenance
approach helps us realize significant savings and contributes to our strategy
of being the low-cost provider of commodity chemicals."
mySAP PLM enables NOVA Chemicals to monitor and maintain equipment assets,
plan and schedule routine and preventive repairs, purchase maintenance repair
parts and services and track costs. SAP specifically designed enterprise asset
management applications to help asset-intensive enterprises standardize
business processes, reduce operating costs and improve utilization of assets
while ensuring data integrity. In addition, a comprehensive set of metrics is
used by NOVA Chemicals' leadership team to monitor company operations, compare
past and present performance and set future targets.
"With more than 30 years of experience providing business software
solutions for the chemicals industry, SAP is able to offer an unmatched
combination of industry-specific expertise and a thorough knowledge of best
practices," said Claus Heinrich, member of the executive board, SAP. "SAP
solutions have enabled NOVA Chemicals to effectively manage and maintain its
plants around the world to ensure availability and reliability of equipment
and production lines to drive supply chain efficiency."
SAP will present its solutions together with its service, technology and
small and midsize business (SMB) partners at SAP's main booth in hall 4 at
CeBIT 2004, being held in Hanover, Germany, March 18-24.
About NOVA Chemicals
NOVA Chemicals is a focused, commodity chemical company that produces
ethylene, polyethylene, styrene monomer and styrenic polymers, which are used
in a wide range of consumer and industrial goods. NOVA Chemicals manufactures
its products at 18 operating facilities located in the United States, Canada,
France, the Netherlands and the United Kingdom. The company also has five
technology centers that support research and development initiatives. NOVA
Chemicals Corporation shares trade on the Toronto and New York stock exchanges
under the trading symbol NCX.
About mySAP(TM) Product Lifecycle Management (mySAP PLM)
mySAP(TM) Product Lifecycle Management (mySAP PLM), part of mySAP(TM)
Business Suite, creates a collaborative environment for users to manage,
track, and control all product-related information over the complete product
and asset lifecycle. In addition to providing a holistic view of all
product-related business processes and information, mySAP PLM helps companies
better manage physical assets and equipment over their complete life cycles,
offering all components of an enterprise asset management (EAM) system. EAM
capabilities in mySAP PLM include technical assets management, preventative
maintenance, supplier collaboration and work-order cycle. More than
3,200 organizations worldwide use key elements of mySAP PLM throughout their
engineering, manufacturing, quality management, regulatory compliance and
maintenance processes. (Additional information at http://www.sap.com/plm )
About SAP
SAP is the world's leading provider of business software solutions. SAP(R)
solutions are designed to meet the demands of companies of all sizes-from
small and midsize businesses to global enterprises. Powered by the SAP
NetWeaver(TM) open integration and application platform to reduce complexity
and total cost of ownership and empower business change and innovation,
mySAP(TM) Business Suite solutions are helping enterprises around the world
improve customer relationships, enhance partner collaboration and create
efficiencies across their supply chains and business operations. The unique
core processes of various industries, from aerospace to utilities, are
supported by more than 25 industry-specific SAP solution portfolios. Today,
more than 21,600 customers in over 120 countries run more than
69,700 installations of SAP(R) software. With subsidiaries in more than
50 countries, the company is listed on several exchanges, including the
Frankfurt stock exchange and NYSE under the symbol "SAP." (Additional
information at http://www.sap.com )
Any statements contained in this document that are not historical facts
are forward-looking statements as defined in the U.S. Private Securities
Litigation Reform Act of 1995. Words such as "anticipate," "believe,"
"estimate," "expect," "forecast," "intend," "may," "plan," "project,"
"predict," "should" and "will" and similar expressions as they relate to SAP
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For customers interested in learning more about SAP products:
Global Customer Center: +49-180-534-34-24 United States Only:
1-800-872-1SAP (1-800-872-1727).
For more information, press only:
Sonja Filser, +49-6227-74-74-27, sonja.filser@sap.com, CET
Bill Wohl, +1-610-661-3311, william.wohl@sap.com, EST
SAP Press Office, +1-610-661-3200, press@sap.com, EDT
Jason Wyse, Burson-Marsteller, +1-305-347-4327, Jason_Wyse@mia.bm.com,
EDT
Alla Ruggaber-Mast, Burson-Marsteller, +49-69-2-38-09-54,
alla_ruggaber-mast@de.bm.com, CET
SOURCE SAP AG
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CONTACT:
press only, Sonja Filser, +49-6227-74-74-27,
or sonja.filser@sap.com, CET, or Bill Wohl, +1-610-661-3311, or
william.wohl@sap.com, EST, or SAP Press Office, +1-610-661-3200,
or press@sap.com, EDT, all of SAP; or Jason Wyse,
+1-305-347-4327, or Jason_Wyse@mia.bm.com, EDT, or Alla
Ruggaber-Mast, +49-69-2-38-09-54, or
alla_ruggaber-mast@de.bm.com, CET, both of Burson-Marsteller, for
SAP
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