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Technology Stocks : J.D. Edwards debut! (JDEC)

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To: Kamen Rider who started this subject8/2/2000 3:29:02 PM
From: bob zagorin   of 583
 
Royal Vopak Turns to J.D. Edwards for Complete Internet and E-Business

World's Largest Chemical/Oil Logistics and Distribution Provider to Streamline Global Operations Using J.D. Edwards' Active Supply Chain

DENVER, Aug. 2 /PRNewswire/ -- J.D. Edwards & Company (Nasdaq: JDEC), a leading provider of agile, collaborative solutions for the Internet economy, today announced that Royal Vopak, a world leader in chemical/oil logistics and distribution, has selected its OneWorld(TM) solution to align global supply chain operations and strengthen its presence on the Internet. OneWorld will provide Vopak customers the ability to track and trace product movement and availability, and to place orders via the Internet.

The result of a 1999 merger between Dutch-based companies Royal Van Ommeren and Royal Pakhoed, Royal Vopak determined that it needed to unify its logistics and distribution businesses under a single enterprise software system to best exploit economies of scale and corporate best practices. Additionally, J.D. Edwards' Active Supply Chain, powered by OneWorld, will enable Royal Vopak to integrate systems across the supply chain, an achievement which could significantly decrease worldwide operating costs by increasing collaboration among key participants throughout the supply chain.

"J.D. Edwards allows us to apply a single worldwide standard across the entire company, making it easier for us to conduct business transactions and service customers," said Menno Vlietstra, senior vice president at Royal Vopak. "The OneWorld solution, with its full Internet and e-business capabilities, provides us the flexibility to collaborate across our supply chain and seamlessly integrate additional applications in the future."

With 9,900 employees and over 300,000 customers throughout the world, Royal Vopak needed to become more unified in its business processes. With a network of tank terminals, distribution centers, a tanker fleet and a barge fleet for servicing the chemical and oil industries, Royal Vopak decided to adopt a corporate-wide standard and turned to J.D. Edwards. Royal Vopak's fully integrated enterprise solution will include OneWorld financials, foundation, distribution, manufacturing and customer self-service, as well as Active Supply Chain, part of J.D. Edwards ActivEra(TM) Solutions.

About Royal Vopak

Headquartered in The Netherlands, Royal Vopak offers logistics and distribution services to the chemical and oil industries and end-users of chemicals throughout the world. The organization has a global logistics network of terminals, tankers and tank containers, and a North American and European distribution network of warehouses, customers and end-users. As a result, Royal Vopak is the link between producer and end-user of chemicals and oil products.

About J.D. Edwards

J.D. Edwards is a leading provider of agile, collaborative solutions for the Internet economy. The Company's integrated ActivEra(TM) Solutions deliver supply chain collaboration and fulfillment, and enable business-to-business trading communities in the consumer products, industrial and services industries. The Company's solutions are web-enabled and operate in multiple computing environments.

Founded in 1977, J.D. Edwards is headquartered in Denver and posted fiscal 1999 revenues of $944.2 million. Additional information can be obtained by contacting the Company via the Internet at www.jdedwards.com or at 800-727-5333.

SOURCE J.D. Edwards & Company

CO: J.D Edwards & Company; Royal Vopak

ST: Colorado, California, Netherlands

IN: CPR MLM CHM

SU: LIC

08/02/2000 13:47 EDT prnewswire.com
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