It is an honor to welcome Plex to the past and present gallery of innovators and disruptors who sponsor the Deal Architect and the New Florence. New Renaissance. blogs. Plex is the Manufacturing Cloud, delivering industry-leading ERP and manufacturing automation across industries including aerospace and defense, food and beverage and motor vehicles with customers like Aerospace Technologies Group, Green Flash Brewing Co., JD Norman Industries’ and Sanders & Morley Candy Makers.
Many SaaS solutions are priced using an old model originally devised by the on-premise world, where modules are priced on a per item and per seat basis. Large organizations will expect to negotiate the final total and discounting is common. Plex Systems on the other hand prices using a percentage of customer revenue.
Manufacturing ERP (enterprise resource planning) company Plex has been on IPO-watch for more than a year and continues to make the kind of moves that would suggest that milestone could be coming sooner than later. Today, the company, which helps businesses optimize production, quality control, and inventory management, announced the addition of public markets veteran Don Clarke as its CFO.
Quality performance has gone from a market differentiator to an absolute requirement to attract and keep business. A company simply cannot get by, let alone thrive, without a rigorous quality improvement process.
Aerospace and defense (A&D) manufacturers manage the manufacturing sector’s most complex programs, relying upon extensive supply chains that reach around the globe while adhering to strict compliance with existing regulations. With cyclical demands and tight time-to-market expectations, manufacturing planning is both an art and a science. The industry’s precisely engineered products require close integration between engineering and manufacturing operations.
Plex saves Christmas from a failed SAP implementation. In this season of cheer, it’s all in good humor. But it had me thinking, take any of the countless other Run Better ads SAP has run and you could poke holes and make fun. What SAP runs is usually back office stuff, often only at HQ. And when you ask about the effort and economics of the SAP project, you realize the run is actually pretty sluggish.
Last week, Plex Systems put on a meeting with selected analysts to talk about the future of manufacturing technology. It was a solid event with customers talking the reality of operating in cloud environments. For me, listening to representatives from Jeni’s Splendid Ice Creams and Caterpillar on the same panel was something of an eye opener…