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September 27, 2011
MIAMI, September 27, 2011 - Answerthink, a division of The Hackett Group, Inc. (NASDAQ: HCKT) and a premier developer, provider, and supporter of SAP® solutions, today announced the successful go-live implementation of EzLifeSciences™, a qualified SAP Business All-in-One partner solution for the life sciences industry, at LifeNet Health.
LifeNet Health, a non-profit global leader in regenerative medicine, is the world's largest provider of bio-implants and organs for transplantation, with a mission of saving lives and restoring health. They help thousands of patients each year. LifeNet is a trusted provider of transplant solutions ranging from organs procurement to new innovations in bio-implant technologies and cellular therapies. LifeNet Health always honors the donors and the healthcare professionals that allow the healing process. As a leader in engineering and processing tissue, LifeNet Health distributes more than 400,000 orthopedic, neurosurgical cardiovascular, skin and sports medicine, and dental bio-implants across the globe every year.
In order to lay a solid foundation for business growth and continuous improvement, LifeNet Health decided to replace its existing legacy system with a flexible and integrated enterprise resource planning (ERP) solution. LifeNet Health selected to implement the SAP ERP Release 6.0 application and contracted with Answerthink to lead and co-manage the implementation. The SAP implementation project focused on LifeNet Health's core business functions of finance, sales, procurement, planning, production, quality, logistics and warehouse management. In an effort to meet the scope and level of design during this implementation timeline, LifeNet Health selected Answerthink to leverage its qualified SAP Business All-in-One partner solution, EzLifeSciences, along with its expertise in the life sciences industry. LifeNet Health went live with a validated solution, on-time and on-budget.
"This project required many business areas to come together to achieve a common goal," stated Gordon Berkstresser, CFO, LifeNet Health. "The resulting teamwork and collaboration became an added benefit. Answerthink proved to be exactly the right partner for this project to succeed."
EzLifeSciences is an industry-specific offering from Answerthink based on best practices from SAP and customized for growing companies in pharmaceutical manufacturing industries. It is part of Answerthink's family of preconfigured solutions that are designed specifically to help life sciences companies achieve goals such as streamlined product development, manufacture reporting automation, regulatory compliance, and supporting critical business processes.
"The integrated nature of the system has brought users closer together to make faster decisions," said Raymond Pinto, director, Business Applications, LifeNet Health. "Master data is completely owned and managed by the business. We could not have done the implementation without a strong partner - Answerthink."
According to John McGrath, principal, SAP Solutions Group, Answerthink, "SAP will provide LifeNet Health the needed platform to maximize their operations. With the use of this new SAP solution, LifeNet Health began processing business activities on day one of the deployment. By the end of week all areas, including the start of production, were online, processing at high levels. The closed-loop solution with complete tracking of every individual item throughout the process is exactly what was required at LifeNet Health. Our EzLifeSciences solution is proving superior value to LifeNet Health, a growing, innovative customer. Many small and midsize companies are coming to the conclusion that they can take on world-class software from SAP if a preconfigured, industry-based approach is used."
Answerthink is a strategic business and technology consulting firm that enables companies to achieve world-class business performance. Qualified SAP Business All-in-One partner solutions are industry-specific software, implementation, and training solutions developed by SAP partners using SAP applications.
Answerthink (www.answerthink.com) is an SAP gold channel partner that develops and offers qualified SAP Business All-in-One partner solutions - industry-specific software, implementation and training packaged solutions. By leveraging the best practices database of The Hackett Group, Answerthink helps clients improve performance and maximize returns on investments in SAP software. Answerthink is a division of The Hackett Group and has offices in the United States, Europe and India.
The Hackett Group (NASDAQ: HCKT) is an intellectual property-based strategic consultancy and leading enterprise benchmarking and best practices implementation firm to global companies. Services include business transformation, enterprise performance management, working capital management, and global business services. The Hackett Group also provides dedicated expertise in business strategy, operations, finance, human capital management, strategic sourcing, procurement, and information technology, including its award-winning Oracle EPM and SAP practices.
The Hackett Group has completed more than 11,000 benchmarking studies with major corporations and government agencies, including 93% of the Dow Jones Industrials, 86% of the Fortune 100, 87% of the DAX 30 and 52% of the FTSE 100. These studies drive its Best Practice Intelligence Center™ which includes the firm's benchmarking metrics, best practices repository, and best practice configuration guides and process flows, which enable The Hackett Group's clients and partners to achieve world-class performance.