Skip to main content

Search

Announcement
IDC Marketscape Midmarket Business ERP Leaders

Plex Named a Leader

in the IDC MarketScape ERP Applications 2020 Vendor Assessment.

Argent Tape and Label Accelerates Growth with Plex Systems

May 15, 2018

Argent Tape & Label, which fabricates unique adhesive solutions, leverages Plex Manufacturing Cloud on the path to $10 million in sales in next 2 years.

TROY, Mich., May 15, 2018 – Plex Systems, the leader in cloud ERP for manufacturing, today announced at annual conference PowerPlex that Argent Tape & Label, which fabricates unique adhesive solutions, is leveraging the Plex Manufacturing Cloud on their path to $10 million in sales within the next two years.

Argent creates a range of products, from tamper proof and pressure sensitive labels, to RFIDs and bar codes, for customers in various industries, such as automotive, pharmaceutical, industrial, and food and beverage.

In 2010, Argent initiated an ambitious growth plan. As part of the company’s transformation strategy, leadership selected the Plex Manufacturing Cloud, including ERP and MES capabilities, as its system of record to connect people, systems, materials, processes and products. Plex enables Argent to utilize an open book management model, with each employee taking ownership and responsibility for company operating metrics. Employees are also tied directly to company’s financial performance, with a gainsharing program that returns a portion of profits to the workforce.

Since implementation, Argent has boosted inventory accuracy to 98 percent, reduced scrap by 23 percent, dropped overall down time by 34 percent, and achieved nearly 100 percent on-time product delivery to customers. For more on Argent’s unique approach to success, read the case study here.

Comments on the News

“Our open book management approach gives every employee access to our books, entrusting them with complete transparency and ownership responsibility,” said Lynn Perenic, president and CEO of Argent Tape & Label. “We rely on Plex for real-time, accurate information across the company, and the ongoing visibility Plex provides is essential to our long-term growth goals.”

About Plex Systems

Plex Systems, Inc.® delivers the first smart manufacturing platform that empowers the world’s leading innovators to make awesome products. Plex gives process and discrete manufacturers the ability to connect, automate, track and analyze every aspect of their business—from the shop floor to the top floor —to drive business transformation. Built in the cloud, the Plex Smart Manufacturing Platform includes MES, ERP, supply chain planning, Industrial IoT, and analytics to connect people, systems, machines, and supply chains, enabling them to lead with precision, efficiency and agility in an ever-changing market.

©2020 Plex Systems, Inc. All rights reserved. Plex Manufacturing Cloud and the Plex logo are registered trademarks of Plex Systems, Inc.

Contact Information

Kaitlin Rebella
Sr. Manager, Corporate Communications
Plex Systems
248.318.4303
krebella@plex.com

Plex_BG_Footer_SolutionFinder

Ready to start solving problems before they become problems?