FDBusiness.com

Drinks company consolidates ERP systems in its bid to grow

 Breaking News
  • Nomad Foods to Acquire Goodfella’s Pizza UK-based Nomad Foods, Europe’s largest frozen food producer, has agreed to acquire the Goodfella’s Pizza business of Green Isle Foods from Boparan Holdings (incorporating 2 Sisters Food Group) for approximately €225 million on a debt free, cash free basis. Green Isle Foods is Ireland’s largest frozen food producer and is headquartered in Naas, County Kildare. The [...]...
  • CMA Accepts Refresco’s Remedy Proposal The UK Competition and Markets Authority (CMA) has in principle accepted the remedy proposed by Refresco regarding the acquisition of Cott’s bottling activities. Completion of the acquisition is now anticipated on 30 January 2018. On 3 January 2018, the CMA decided that the acquisition of Cott’s bottling activities by Refresco raises potential competition concerns in the [...]...
  • Dairy Crest Appoints Tom Atherton as Deputy Chief Executive Dairy Crest has appointed Tom Atherton as Deputy Chief Executive with immediate effect. He retains his responsibilities as Group Finance Director. Tom Atherton. Since his appointment to the Board in 2013, Tom Atherton has taken on additional responsibilities including the chairmanship of Frylight, the strategic leadership of Dairy Crest’s Butters, Spreads and Oils business, and more recently [...]...
  • European Strategy on Plastic Waste Adopted The first-ever Europe-wide strategy on plastics, has been adopted. It is a part of the transition towards a more circular economy. It is designed to protect the environment from plastic pollution whilst fostering growth and innovation, turning a challenge into a positive agenda for the Future of Europe. There is a strong business case for transforming the way [...]...
  • Nestlé to Sell US Confectionery Business to Ferrero Nestlé has agreed to sell its US confectionery business to Ferrero, the third-largest company in the global chocolate confectionery market, for SFr2.8 billion ($2.8 billion) in cash. Nestlé’s 2016 US confectionery sales reached about SFr900 million. The transaction is expected to close around the end of the first quarter of 2018 following the completion of [...]...

Drinks company consolidates ERP systems in its bid to grow

June 29
07:57 2012

William Grant & Sons was using 11 different ERP systems across all of its global offices, making it very difficult to retrieve accurate, reliable information

Spirits company William Grant & Son has embarked on a programme to standardise its business processes and applications as it tries to double its £1bn revenues in the next five years.

To reach its goals the company, which produces well-known brands such as Glefiddich single malt whiskey and Hendrick’s Gin, selected ERP systems provider IFS.

William Grant & Sons was using 11 different ERP systems across all of its global offices, making it very difficult to retrieve accurate, reliable information about the business as a whole.

This was a significant obstacle to resource planning and forecasting on a global scale, due to there being no standardised set of processes in place across all its locations.

After performing a series of internal reviews at each of its global offices, IFS was included in the selection process. John Brown, programme director for the Global Business Model at William Grant & Sons, said: “We really put the vendors through their paces by asking them to demonstrate how their software would cope with a series of 20 real scenarios from our business. This helped us to judge who had the best understanding of our goals and objectives.”

The drinks company employs 1,600 people worldwide, although most of its operations are based in the UK. The phased project will go live across all of William Grant & Sons’ UK businesses in July, and then across its global operations over a period of 18 months.

Its finance department has already been transitioned onto IFS applications, citing it as a key driver for stock now being perfectly reconciled and the business achieving a clean accounts audit only four months after implementation.

In addition to providing William Grant & Sons with a single view of its business operations and data, the IFS system will give the company a complete view of customer actions and behaviour. It will also enable advertising and promotional spend to be tracked more accurately.

Looking ahead to potential future developments, Brown continued: “Now we can relate the cost of advertising to the business, tracking per customer and even to part level, which gives us a unique advantage within the industry.”

About Author

colin

colin

Related Articles



Food & Drink Business Conference & Exhibition 2016

Upcoming Events

  • January 17, 2018Anfas Food Product
  • January 19, 2018International Green Week
  • January 20, 2018Sigep Rimini
  • January 24, 2018International Bulk Wine and Spirits Show (IBWSS)
AEC v1.0.4

find food jobs

The Magazine

F&D Business Preferred Suppliers

New Subscriber





Subscribe Here



Advertisements