Food giant aims to optimize service policy and inventory for beverages in U.S. market
Boston — October 10, 2005 — Beverage and confectionary giant Cadbury Schweppes is set to use an inventory optimization solution from ToolsGroup in North America to achieve inventory and customer service performance improvements.
The project will include optimizing service policy and inventory for the Cadbury Schweppes Americas Beverages business in the U.S. market.
"Cadbury was impressed with the results ToolsGroup has already achieved at other major consumer goods manufacturers," said Rich Hubli, vice president of regional supply chain planning for Cadbury Schweppes. "The results of our detailed inventory data assessment, which indicated that we could improve service levels and reduce inventories at the same time, was the turning point in our decision to move forward aggressively."
"Based on successful implementations at numerous consumer products companies, we are confident we will be able to help Cadbury achieve near-perfect customer service levels while freeing up working capital," said Joseph Shamir, CEO of ToolsGroup. "Companies like Cadbury, with large distribution networks and global organizations, are exactly the companies ToolsGroup serves best."
Various consumer goods companies have turned to ToolsGroup for help managing inventory as their supply chains become longer and more complex. ToolsGroup said its solutions allow these companies to plan their customer service policies at very high fill rates, and then optimize the global inventory mix and allocation across the supply chain. The results can include high customer service levels with lower inventory and operating costs.
Additional Articles of Interest
— For an in-depth look at how agribusiness Syngenta is reducing inventory while maintaining customer service levels by building a demand planning process based on a collaborative forecasting solution, see the SDCExec.com article " Forecasting Processes from the Ground Up ."
— Demand planners at glove manufacturer Wells Lamont have put their finger on a way to bring new value to the company by leveraging technology that allows them to plan by exception. Read their story in the article " Planning by Exception," in the December 2004/January 2005 issue of Supply & Demand Chain Executive.
— For an in-depth look at how supplier diversity and supply chain enablement initiatives are coexisting within the enterprise today, see the article "Supplier Diversity and e-Procurement: Why Your Initiatives Are Not At Odds" in the August 2001 issue of iSource Business (now Supply & Demand Chain Executive).
Cadbury Schweppes www.cadburyschweppes.com