STOCK TITAN

American Woodmark Carving Out Improved Supply Chain Efficiency with Tecsys' Elite™ WMS

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Positive)
Tags
Rhea-AI Summary

American Woodmark Corporation has initiated a national supply chain transformation by implementing Tecsys' Elite™ WMS software across its distribution facilities. This project, begun in April 2021, aims to enhance operational efficiency amid rising material and logistics costs. The rollout will optimize logistics resources, improve business intelligence, and ensure better inventory visibility. The initiative is vital as the company seeks to adapt to market fluctuations and improve operational costs.

Positive
  • Initiation of national supply chain transformation aims to enhance efficiency.
  • Implementation of Tecsys' Elite™ WMS software to improve logistics resources.
  • Project supports better inventory visibility and benchmarking of industry KPIs.
Negative
  • Industry faces margin pressures due to materials, logistics, and labor costs.

Operating 17 manufacturing facilities in the United States and Mexico, kitchen and bath cabinet manufacturer and distributor American Woodmark Corporation leverages Tecsys software to operate its centralized distribution in Lincolnton, North Carolina.

MONTREAL, Jan. 27, 2022 /PRNewswire/ --Tecsys Inc. (TSX: TCS), an industry-leading supply chain management software company, is delighted to announce that Winchester Virginia-based kitchen and bath cabinet manufacturer and distributor American Woodmark Corporation (NASDAQ: AMWD) has begun a national supply chain transformation initiative to drive operational efficiency across its major warehousing and distribution facilities by leveraging Tecsys' warehouse management software, Elite™ WMS. Having initiated the supply chain execution system overhaul in April 2021, the company seeks to expand the Tecsys environment in order to optimize logistics resources and provide a platform for continued growth.

"Our industry faces margin pressure by way of materials, logistics and labor, so it is incumbent on us to seek out ways to control operational costs," explains Mike Feighery, VP Supply Chain at American Woodmark Corporation. "Addressing supply chain inefficiencies with Tecsys software gives us a means to optimize our operations in response to the shifting conditions. It gives us better flexibility, visibility, and the platform to be able to scale in size or complexity depending on the market."

The Tecsys solution will be progressively deployed across all American Woodmark distribution facilities, optimizing intra-network logistics and streamlining warehouse and delivery management. This supply chain transformation project improves business intelligence for benchmarking industry KPIs, breaks down warehousing and distribution silos, and provides end-to-end asset and inventory visibility. The comprehensive rollout will afford American Woodmark the functionality to be effective stewards of supply chain resources in the context of market and global volatility.

"An effective national distribution strategy combines buildings, technology, people, infrastructure, and everything in between," explains Bill King, chief revenue officer at Tecsys. "As we work with American Woodmark, we are delighted that our robust and scalable Elite™ WMS solution is part of this formula for success. The scope of this project will provide significant operational and financial benefit as it rolls out, and we look forward to supporting American Woodmark's supply chain optimization journey."

Stay up to date with the latest news from Tecsys on LinkedIn, Twitter and Facebook.

About American Woodmark Corporation
American Woodmark celebrates the creativity in all of us. With over 10,000 employees and more than a dozen brands, we're one of the nation's largest cabinet manufacturers. From inspiration to installation, we help people find their unique style and turn their home into a space for self-expression. By partnering with major home centers, builders, and independent dealers and distributors, we spark the imagination of homeowners and designers and bring their vision to life. Across our service and distribution centers, our corporate office, and manufacturing facilities, you'll always find the same commitment to customer satisfaction, integrity, teamwork, and excellence. Visit americanwoodmark.com to learn more and start building something distinctly your own.

About Tecsys
Tecsys is a global provider of supply chain solutions that equip the borderless enterprise for growth. Organizations thrive when they have the software, technology and expertise to drive operational greatness and deliver on their brand promise. Spanning healthcare, retail, service parts, third-party logistics, and general wholesale high-volume distribution industries, Tecsys delivers dynamic and powerful solutions for warehouse management, distribution and transportation management, supply management at point of use, retail order management, as well as complete financial management and analytics solutions. Tecsys' shares are listed on the Toronto Stock Exchange under the ticker symbol TCS. For more information on Tecsys, visit www.tecsys.com.

Copyright © Tecsys Inc. 2022. All names, trademarks, products, and services mentioned are registered or unregistered trademarks of their respective owners.

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/american-woodmark-carving-out-improved-supply-chain-efficiency-with-tecsys-elite-wms-301469368.html

SOURCE Tecsys Inc.

FAQ

What is the purpose of American Woodmark's supply chain transformation initiative?

The initiative aims to enhance operational efficiency and control costs by implementing Tecsys' Elite™ WMS software.

When did American Woodmark start its supply chain execution system overhaul?

The overhaul began in April 2021.

How will Tecsys software benefit American Woodmark?

The software will optimize logistics, improve inventory visibility, and support business intelligence.

What challenges is American Woodmark facing in its industry?

The company is facing margin pressures from rising materials, logistics, and labor costs.

What does the Tecsys Elite™ WMS software provide American Woodmark?

It provides a platform for improved supply chain management and operational scalability.

American Woodmark Corp

NASDAQ:AMWD

AMWD Rankings

AMWD Latest News

AMWD Stock Data

1.54B
15.85M
1.21%
100.78%
2.61%
Furnishings, Fixtures & Appliances
Millwood, Veneer, Plywood, & Structural Wood Members
Link
United States of America
WINCHESTER