Wired! ImpactECS selected as Enterprise Cost System for WireCo WorldGroup
14 October 2010
FOR IMMEDIATE RELEASE
WireCo WorldGroup, based in Kansas City, Missouri, has selected the ImpactECS Enterprise Costing System by 3C Software as the centralized product costing system for its seven manufacturing facilities. For over 75 years WireCo, which produces wire rope, synthetic rope, high carbon wire and wire assemblies for a wide range of industries, has supplied high strength and long lasting wire products to small manufactures and global companies worldwide.
With ImpactECS, the finance, accounting and operations teams at WireCo will have access to a centralized costing system where they can build specific product cost models that reflect their existing manufacturing processes. ImpactECS works in concert with their existing JD Edwards ERP, shop floor, and database systems to calculate detailed costs by product, line, or location. ImpactECS also offers drill down capabilities to give access to all sub-component costs for each finished good WireCo produces. Additionally, ImpactECS users can analyze variances between standard and actual costs to evaluate performance and make better operational decisions. Using the scenario analysis capabilities of ImpactECS, WireCo will have the capability to simulate cost roll ups to forecast changes based on changing prices of raw materials or other inputs.
3C Software President and CEO, Matthew Smith, is excited about implementing ImpactECS in a new industry vertical. “Gaining WireCo WorldGroup as a customer gives us another opportunity to demonstrate the flexibility of ImpactECS for process manufacturers of all types. The fabricated metals industry has complex costing needs and we look forward to doing our part to help WireCo remain an industry leader.”
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.