The Frost & Sullivan Award for Customer Value Enhancement is presented each year to the company that has demonstrated excellence in implementing strategies that proactively create value for its customers with a focus on improving the return on the investment that customers make in its services or products. This award recognizes the company's inordinate focus on enhancing the value that its customers receive, beyond simply good customer service, leading to improved customer retention and ultimately customer base expansion. Based on the findings of this Best Practices research, Frost & Sullivan is proud to present the 2011 Global Customer Value Enhancement Award in Manufacturing Execution Systems (MES) Solutions in the Packaging Industry to Lighthouse Systems.
Lighthouse Systems' unique capabilities in MES solutions have enabled packaging manufacturers to operate cost effectively, produce quickly in high volume, and all while complying with stringent quality standards. The real-time access and worldwide visibility to information have helped many end users optimize their production processes to become more proactive and competitive. The solutions from Lighthouse Systems have played a dominant role in reducing the spoilage, downtime, and inventory level for many leading players in the packaging industry. Lighthouse Systems has clearly been a go-to company for packaging manufacturers as it has witnessed 40 percent growth in revenues for the packaging industry during the current year.
Frost & Sullivan is in its 50th year in business with a global research organization of 1,800 analysts and consultants who monitor more than 300 industries and 250,000 companies. The company's research philosophy originates with the CEO's 360-Degree Perspective™, which serves as the foundation of its TEAM Research™ methodology. This unique approach enables us to determine how best-in-class companies worldwide manage growth, innovation and leadership.