Exel News Stories
Exel Expands Activities in China with Sigma Precision Components Implementation
Exel Computer Systems plc is pleased to announce a significant new order for Exel's China Office.
Sigma Precision Components, whose major shareholder is Avigtrans Plc, have signed a contract with Exel to implement EFACS E/8 at their new manufacturing facility in the People's Republic of China. The new 3,000m2 facility is located in the prestigious Export Processing Zone in the western suburbs of Chengdu.
The facility has started operations at the end of 2006 producing component parts for aerospace and high technology industries worldwide.
To operate at the highest levels of performance in global markets, Sigma have adopted a 'green field' approach, blending western management and quality control systems, with the benefits of a low cost economy and access to emerging markets. EFACS E/8 will be implemented as part of the management, business control and quality systems.
Mark Johnson, Sigma's Managing Director said "Sigma Management team has a wide experience in blue-chip aerospace companies and we wanted to choose a system which has a strong pedigree in the aerospace sector, to support our business. EFACS E/8 not only provides all the core functionality, but it can grow into other areas such as CRM and Document Management within the same package."
The implementation kicked off at the end of 2006 and will go live on the first phase in little over two months. The project is being supported and implemented by Exel's consultants from Exel's office in Suzhou near Shanghai, overseen by the support and implementation teams in the UK.
Johnson adds "Because EFACS E/8 can run in simplified or traditional Chinese and English concurrently, and will support the Chinese accounting requirements, it was a clear choice out of the packages we looked at. Another key factor was that Exel employs Chinese consultants who are able to implement and support the system and are more able to relate to our own Chinese staff."
As part of the implementation of the EFACS E/8 financials, the nominal ledger analysis codes and group code will have code descriptions in Chinese, as part of the statutory requirements, with secondary analysis codes in English via the EFACS E/8 Nominal Ledger report writer.
About Sigma Components
Sigma Components moved to their new factory in September 2006 with their first batch of CNC machine tools arriving in October. The first production run for UMECO Plc took place in December 2006. Supported by its major shareholder Avingtrans, Sigma will invest over $2.5m in its facility in the coming years.
As specialists based in the UK and China, Sigma delivers improvement through developing business and supply chains into emerging world markets. With specialist tools, Sigma can provide guidance and strategy, sourcing and procurement and market development for any business looking to take advantage of the rapidly growing market in China.
About Exel China
Exel opened an office in China in August 2004.
