ImpactECS Centralizes Costing for GLOBALFOUNDRIES
24 January 2011
FOR IMMEDIATE RELEASE
Headquartered in Sunnyvale, California, with manufacturing centers in Germany, Singapore and coming soon to New York, GLOBALFOUNDRIES is a leading producer of semiconductor chips for some of the world’s largest technology companies. The company has selected ImpactECS from 3C Software to provide an enterprise-wide view of production costs along with analysis tools to help business leaders make informed decisions.
To achieve their goals, GLOBALFOUNDRIES finance and operations teams will use ImpactECS to construct a centralized cost system that computes costs based on how they manufacture chips. As a contract manufacturing firm with over 150 customers worldwide, accurate cost analysis is paramount to their success. By integrating financial data from their Oracle ERP system and operations data from PROMIS with the logic built in ImpactECS, they can calculate standard and actual costs by individual product SKU and perform sophisticated variance analysis to support their operations, sales, and account management departments. The rigorous costing models designed during implementation will also support GLOBALFOUNDRIES’ ability to analyze and forecast scenarios to improve budgets and predict company performance in future periods.
“While Chartered Semiconductor Manufacturing has been a long-time customer, ImpactECS’ acceptance was not guaranteed when they were acquired by GLOBALFOUNDRIES ,” shared 3C Software Director of Sales, Scott Adams. “But, we were able to demonstrate the value that ImpactECS provides to semiconductor companies and that our team understands the intricacies of costing in their environment.”
About 3C Software
3C Software, developers of ImpactECS™ and Impact3C®, was founded in 1988 and is a leader in detailed cost management systems for process manufacturers. Headquartered in Atlanta, Georgia, 3C Software serves clients in several manufacturing industries including textile and apparel, pulp and paper, semiconductor, chemicals, plastics, and food and beverage. 3C Software’s rapidly implemented solutions work with all accounting methods, are simple to maintain, and handle unlimited calculations and variables. For more information about 3C Software or ImpactECS™, visit www.3csoftware.com or call 800-226-2036.