Ventures News: RiverOne Celebrates 18 Month Anniversary with SMART Modular Technologies
Westlake Village, Calif. and Freemont, Calif. February 18, 2003 RiverOne, Inc., a leading provider of supply chain software and services to the manufacturing industry, today announced that SMART Modular Technologies, part of the Technology Solutions Business Unit of Solectron Corporation (NYSE: SLR) has reached the eighteen month anniversary of successfully deploying and utilizing RiverOnes INTERACTIVE product suite to help manage its e-commerce and strategic supply chain initiatives.
SMART Modular is the worldwide leading manufacturer of independent memory modules, cards, and I/O products for the computer and telecommunications industries. SMART is a complete custom turnkey product solution to its customers, offering design, manufacturing, test and worldwide logistics support.
In this market, the most responsive value chain wins, said Ajay Birla, Chief Information Officer of SMART Modular Technologies A Solectron Company. We believe the ability to ease the complexity of the supply chain while providing cost savings and increasing customer satisfaction is essential to achieve success. The implementation of RiverOnes technology has helped value engineer some of our B2B processes and proven valuable to SMART, as well as our customers and suppliers.
RiverOnes INTERACTIVE product suite provides SMART a private, collaborative environment designed to manage inventory levels, improve response times and increase efficiency while delivering enhanced visibility for SMARTs customers and suppliers.
Deployment of INTERACTIVE at SMART began in August of 2001 and the first waves of implementation success were realized within one month. Key customers to SMART were brought live and additional programs and trading partners have been added rapidly by RiverOnes professional services team.
Maury Friedman, CEO and president of RiverOne stated: RiverOnes INTERACTIVE solutions suite is key to improving supply chain efficiency for manufacturers. We pride our solution on its ability to create immediate value for our customers and are pleased to be working closely with SMART to promote efficiency throughout its supply chain.
About SMART
SMART Modular Technologies, Inc. is a wholly owned operating company within the Technology Solutions Business Unit of Solectron Corporation (NYSE: SLR). SMART, a leading independent manufacturer of memory and I/ O products, offers more than 500 products to leading OEMs in the computer, networking and telecommunications industries. The memory product line includes specialty and standard DRAM, Flash memory and SRAM modules and Flash memory cards. The I/O product line includes standard and custom wireless and wireline communications devices and modular I/O sub-systems for client-side and central office applications. SMART operates several specialized manufacturing and design facilities and has access to the worldwide manufacturing operations of Solectron Corporation. More information on SMART can be obtained on the Internet at http://www.smartmodulartech.com.
About RiverOne
RiverOne provides supply chain management software and services for manufacturers to control processes between customers and suppliers. Customers realize immediate value by deploying the industrys only complete Supply Chain Control System with integrated connectivity, planning, execution, metrics and exception management capabilities. RiverOne customers have complete control over all customer and supplier interactions including demand management, Multi-Site Fulfillment & Replenishment, sales and operations planning, material co-planning and automated procurement, resulting in dramatic improvements in fulfillment performance, procurement efficiency and inventory control.
Contact: Matt Paye, RiverOne Marketing
949.856.1500 or corpcom@riverone.com
SMART Modular is the worldwide leading manufacturer of independent memory modules, cards, and I/O products for the computer and telecommunications industries. SMART is a complete custom turnkey product solution to its customers, offering design, manufacturing, test and worldwide logistics support.
In this market, the most responsive value chain wins, said Ajay Birla, Chief Information Officer of SMART Modular Technologies A Solectron Company. We believe the ability to ease the complexity of the supply chain while providing cost savings and increasing customer satisfaction is essential to achieve success. The implementation of RiverOnes technology has helped value engineer some of our B2B processes and proven valuable to SMART, as well as our customers and suppliers.
RiverOnes INTERACTIVE product suite provides SMART a private, collaborative environment designed to manage inventory levels, improve response times and increase efficiency while delivering enhanced visibility for SMARTs customers and suppliers.
Deployment of INTERACTIVE at SMART began in August of 2001 and the first waves of implementation success were realized within one month. Key customers to SMART were brought live and additional programs and trading partners have been added rapidly by RiverOnes professional services team.
Maury Friedman, CEO and president of RiverOne stated: RiverOnes INTERACTIVE solutions suite is key to improving supply chain efficiency for manufacturers. We pride our solution on its ability to create immediate value for our customers and are pleased to be working closely with SMART to promote efficiency throughout its supply chain.
About SMART
SMART Modular Technologies, Inc. is a wholly owned operating company within the Technology Solutions Business Unit of Solectron Corporation (NYSE: SLR). SMART, a leading independent manufacturer of memory and I/ O products, offers more than 500 products to leading OEMs in the computer, networking and telecommunications industries. The memory product line includes specialty and standard DRAM, Flash memory and SRAM modules and Flash memory cards. The I/O product line includes standard and custom wireless and wireline communications devices and modular I/O sub-systems for client-side and central office applications. SMART operates several specialized manufacturing and design facilities and has access to the worldwide manufacturing operations of Solectron Corporation. More information on SMART can be obtained on the Internet at http://www.smartmodulartech.com.
About RiverOne
RiverOne provides supply chain management software and services for manufacturers to control processes between customers and suppliers. Customers realize immediate value by deploying the industrys only complete Supply Chain Control System with integrated connectivity, planning, execution, metrics and exception management capabilities. RiverOne customers have complete control over all customer and supplier interactions including demand management, Multi-Site Fulfillment & Replenishment, sales and operations planning, material co-planning and automated procurement, resulting in dramatic improvements in fulfillment performance, procurement efficiency and inventory control.
Contact: Matt Paye, RiverOne Marketing
949.856.1500 or corpcom@riverone.com