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Computer peripherals industry

Lawson Software Wins Major Contract with L.L. Bean

Strategic Insights

— 1 min read

Lawson Software, a leading provider of enterprise management solutions, has announced a significant contract with L.L. Bean, the nation's largest specialty catalog retailer of outdoor recreational equipment and apparel. The contract, valued at an undisclosed amount, enables L.L. Bean to leverage Lawson's Web-deployable solutions to manage its Year 2000 hardware and software challenges, as well as streamline its financial and procurement processes. The implementation of Lawson's solutions is expected to be completed within a year and will involve the use of Lawson's Self-Evident Applications (SEA) to virtually eliminate training time and costs for L.L. Bean's 4,500 employees.

Key Takeaways:

  • Lawson Software has won a major contract with L.L. Bean, the nation's largest specialty catalog retailer, to implement its LAWSON INSIGHT Business Management System process suites.
  • The contract is valued at an undisclosed amount and will involve the use of Lawson's Web-deployable solutions to manage L.L. Bean's Year 2000 hardware and software challenges.
  • L.L. Bean will use Lawson's LAWSON INSIGHT Financials and Procurement process suites to manage its financial and procurement processes, including budgeting, allocations, asset management, and more.
  • The implementation of Lawson's solutions is expected to be completed within a year and will involve the use of Lawson's Self-Evident Applications (SEA) to virtually eliminate training time and costs for L.L. Bean's 4,500 employees.
  • Lawson's solutions will enable L.L. Bean to streamline its financial and procurement processes, reduce costs, and improve productivity.
  • L.L. Bean has chosen Lawson Software for its innovative functionality, leading-edge Web technology, and strong implementation services.
  • The contract marks a significant win for Lawson Software, a leading provider of enterprise management solutions, and demonstrates the company's ability to deliver tailored solutions that meet the needs of its customers.

Statistics:

  • L.L. Bean is the nation's largest specialty catalog retailer, with 1997 sales of over $1 billion.
  • Lawson Software has more than 2,500 mid- to large-sized corporate customers, with sales of its healthcare and retail market solutions growing at 174 percent and 119 percent respectively.
  • Lawson has a 96 percent client retention rate over five years and has offices in 17 countries, with more than 20 distributors worldwide.

Sources:

  • "Lawson Wins Major Contract with L.L. Bean, Leading Retailer of Outdoor Recreational Equipment and Apparel." Business Wire, June 15, 1998.
  • Lawson Software Web site: http://www.lawson.com.

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