Tower implements Adexa
For Growing Customer Base and Production Demand
The Horn Group
Los Angeles, CA (August 14, 2002)—Adexa, Inc. ,a leading provider of supply chain management and enterprise business planning solutions, today announced the supply and implementation of its collaborative business solutions at Tower Semiconductor Limited (NASDAQ: TSEM; TASE: TOWER). Tower uses Adexa’s solution to improve delivery performance while increasing productivity. The solution allows Tower to proactively analyse the impact of supply chain and production scenarios to ensure the most profitable and effective actions are taken.
“The Adexa solution gives us the ability to improve our capacity planning and production flexibility for the benefit of our growing customer base and production demand,“ said Ramy Langer, vice president of marketing and sales for Tower. “In order to improve our customers’ time-to-market, we can now instantly measure the impact of customers demand, both committed and forecast, on plant capacity, and make accurate planning decisions. This is particularly beneficial in today’s rapidly changing marketplace.”
The semiconductor market is rapidly changing, particularly for companies such as Tower, which have accurately forecasted the high-growth areas in the industry. Several years ago, Tower identified the Non-Volatile Memory (NVM) and the CMOS Image Sensors (CIS) segments as having high growth potential, and developed core technologies, such as microFLASH memory and CIS technologies, to capitalize on the opportunities.
“Tower’s growth has always been fuelled by its ability to anticipate where the market is going and to deliver the products and services to meet those requirements, faster and more cost-effectively than competitors,” said Cyrus Hadavi, president and CEO of Adexa. “Today, more than ever, these characteristics are highly valued by semiconductor customers, and Adexa’s role is to ensure that our customers have a competitive edge by integrating corporate business objectives with tactical execution scenarios and maximizing manufacturing asset utilization.”
Founded in 1994, Adexa delivers solutions that synchronize corporate planning with operations planning and execution, to ensure assets are utilized to achieve strategic objectives. Adexa helps companies reduce the cost of goods sold, shorten lead-times for orders and reduce inventory costs through improved supply chain collaboration and management. Adexa’s Enterprise Global Planning System (eGPS) analyzes and benchmarks enterprise performance against competitors, at a fine level of detail, to set attainable objectives that deliver the greatest return on assets. eGPS aggregates supply and demand information, measured against material and capacity constraints, for the rapid development of integrated, accurate and flexible planning and execution scenarios.
Adexa’s global customer base includes General Motors, Hitachi, Johnson & Johnson, Lucent, Maytag, Philips, Pulse, Siemens,Teijin Limited, TSMC, Unilever, Xerox, Firmenich and AMD. For more information visit www.adexa.com
About Tower Semiconductor Ltd.
Tower Semiconductor Ltd. is an independent wafer manufacturer that provides design support, manufacturing and turnkey services for integrated circuits (ICs) on silicon wafers in geometries from 1.0 to 0.18 microns. Tower is strategically focused on advanced non-volatile memory solutions, mixed-signal and CMOS image-sensor technologies.
Tower is now prototyping 0.18-micron products in its new fabrication facility, Fab 2. When complete, Fab 2 will offer 0.18-micron and below process technologies, produce up to 33,000 200mm wafers per month and employ approximately 1,100 people. Fab 2 features advanced CMOS technology licensed from Toshiba Corporation (NIKKEI: TSE), as well as foundry standard technology, which is applicable to digital, mixed signal, CMOS image-sensor and Flash memory processes. Tower maintains a Web site at www.towersemi.com.