본문바로가기

VMS Solutions acquired Haesung TNS and accelerates the market to the next generation

Explore more of our latest
press releases and announcements.

VMS Solutions acquired Haesung TNS and accelerates the market to the next generation

April 30, 2022



VMS_SCM.png



 

VMS Solutions acquired Haesung TNS and accelerate market invasion to the next generation of the SCM(supply chain management) market.

 

VMS Solutions plans to take a two-track approach to large enterprises and mid-sized companies by putting 'MOZART SCM', a newly released next-generation SCM solution, to the fore.

 

VMS Solutions has a proclamations ceremony for integration with Haesung TNS and released 'MOZART SCM' in Oct 6.

VMS Solutions CEO Byung-hee Kim said “In terms of advancement of the existing SCM, using artificial intelligence (AI) will establish the optimization planning and scheduling system centered on the large company. And for the mid-sized company market will provide packaged products that can be built with low cost and low unit price as packaged products.”

 

The next-generation SCM solution combines the Mozart engine of VMS Solution, which has been building production plans and scheduling systems(APS) for more than a decade in Samsung Semiconductor and LG Display, etc, with Haesung TNS' SCM framework.

 

The next-generation SCM requires a foreseeable future simulation platform and an intelligent engine capable of optimal utilization of resources. Mozart SCM's simulation engine is built on the concept of a Virtual Manufacturing System (VMS). It is a system with the global competition that is being used by Micron's semiconductor plant in the US.

 

Haesung TNS CEO Yo-seop Joo said "If the existing SCM was to create a static framework, it is important how agile the next generation of SCM can react dynamically and derive intelligently optimal alternatives.”

 

Next-generation SCM stands for agile and optimized decision-making for a fluid environment. In the U.S. market, the existing SCM is being renewed as a new next-generation SCM. Large manufacturing and distribution companies such as Walmart and Nike are scrambling to discard the existing SCM and replace it with a new SCM system.

 

Major conglomerates such as Samsung Electronics and LG Group have announced the transition from the existing SCM to the next-generation SCM. The industry forecasts that the size of the domestic SCM market will grow from 111.9 billion won last year to 214.3 billion won in 2027, growing at a CAGR of 9.7%.

 

Yo-seop said "I will work with CEO Byeong-hee Kim to upgrade Korea's SCM by putting all my experiences and know-how into Mozart SCM."

 

Meanwhile, SCM is a representative enterprise software (SW) that has continued to grow along with enterprise resource planning (ERP). Since Samsung Electronics implemented SCM in 2000, many South Korean companies have been building SCM solutions and used them to streamline the entire process of ordering, procurement, and production. If ERP value on management efficiency, SCM aims to improve operational efficiency.

 

In particular, in the manufacturing industry, the goal of SCM was to streamline the operation process from sales forecasting to material procurement and production planning and to standardize data.

A characteristic of the recent changes in the manufacturing industry after 20 years is the ' Routinization of volatility'. Volatility requires companies to make quick decisions. This means that the operational process requires adaptation to a flexible environment.

 

For more information, visit https://www.fnnews.com/news/202110061329556157

 

Media Contact:

FinancialNews



List

Get in touch

Our global team helps you innovate to another level.

Contact Us
LOGO

SITEMAP