CDC Software's Ross ERP Helps U.K. Food Manufacturer Grow Net Profit 82 Percent and Increase Revenue 73 Percent in 2007
May 28 2008 - 5:30AM
Business Wire
CDC Software (NASDAQ: CHINA), a wholly-owned subsidiary of CDC
Corporation and a provider of industry-specific enterprise software
applications and business services, announced today that its ROSS
ERP applications have helped KK Fine Foods achieve an 82 percent
increase in net profit before tax and achieve a 73 percent increase
in revenue in 2007. KK Fine Foods also cites Ross ERP for helping
them accomplish better alignment between the strategic direction of
the company and daily operations throughout the company. Prior to
deploying ROSS ERP, KK Fine Foods lacked an integrated real-time
view of its operations. A significant volume of valuable
information was being collected from orders, raw material planning
and production scheduling, however, these disparate systems
rendered the information virtually useless in support of
centralized coordination. The challenge was further compounded by
the complexity of the food manufacturing business, where KK Fine
Foods had more than 60 products at the time (more than 290 now),
each with multiple components. Managing this manufacturing process
was difficult and the information output was often inaccurate. As a
result, KK Fine Foods was not able to react competitively to rapid
changes in demand, seasonal modifications or changes to recipe
content. ROSS ERP helped enable KK Fine Foods to gain
enterprise-wide visibility and a clear view of supply chain,
inventory and forecasting functions, as well as the ability to
execute fast and effective track and trace exercises. According to
Graham Jackson, chairman, KK Fine Foods Plc, �Our enterprise
resource planning solution is now at the core of our company,
underpinning our entire organization from financial and sales order
processing to production and distribution. In addition to achieving
the highest grade of British food safety traceability
accreditation, we have cut overhead costs and reduced product
wastage. The system has also enabled us to minimize errors in
production, streamline planning and has given us the ability to
more effectively manage our expensive cold storage facilities.� The
company now has a fully integrated ERP system. The primary result
is that there is now improved alignment between the strategic
direction of the company and what is actually happening from an
operational standpoint. Additionally, profitability and day-to-day
operational efficiency can be monitored; duplication of effort,
resources and data has been largely eliminated; visibility has been
gained across the company�s supply chain; and key performance
indicators can be more clearly defined and monitored. The company
can also identify the yields and profitability from each recipe in
order to assess margins and streamline operations, while at the
same time continuing to meet the stringent demands of supermarkets
and wholesalers who are demanding the best service, accountability
and traceability from their suppliers. Since implementing Ross ERP,
KK Fine Foods has realized true end-to-end online visibility of its
products, minimizing the risks associated with food safety and
reducing the impact of product recalls on the customer. The company
has also achieved the prestigious Grade A BRC Food Safety
Traceability Accreditation. According to KK Fine Foods, Ross ERP
has directly contributed to the following performance improvements:
A three-fold increase in revenue since the Ross ERP implementation
15 percent reduction in production wastage 73 percent increase in
revenue in 2007 82 percent increase in net profit before tax in
2007 Increased product production portfolio from 60 products in
2003 to 290 products today Achieved the prestigious Grade A BRC
Food Safety Traceability Accreditation Overall, the business
processes at KK Fine Foods have been significantly streamlined
across the entire organization and the system has helped KK Fine
Foods move a step further towards its goal of being a
�just-in-time� production facility. �We were delighted when we
learned of our client reaping such significant rewards since
implementing our software solutions,� said Bruce Cameron, senior
vice president, Global Sales,CDC Software. �We are now working with
KK Fine Foods to implement our CDC Factory solution that is
expected to help further improve KK Fine�s profitability by
enabling performance improvements on the factory floor.� With
annual revenue of more than ?12 million (U.S.$23.7 million), KK
Fine Foods is now one of the largest innovative frozen foods
manufacturers in the U.K. The company has grown almost six fold
since 2000, from producing 60 products in 2003, to now having 10
production lines producing more than 290 different types of product
every month for its customers across the UK and Europe. About ROSS
Enterprise ERP for Food and Beverage Ross Enterprise is CDC
Software's comprehensive suite of applications for food and
beverage manufacturers. The suite of applications includes
enterprise resource management (ERP), supply chain management
(SCM), warehouse management, customer relationship management, real
time performance management and business analytics. Together, these
systems address the unique challenges in food and beverage
including the need for detailed product costing and profitability
analysis, management of pricing and promotions, optimized
forecasting and scheduling, improved order fulfillment and customer
service, inventory optimization with minimal spoilage, and
compliance with food safety regulations and mock recalls. Ross
Enterprise is used worldwide by over 1,200 companies including
Boar's Head, Kerry Ingredients, Cheesecake Factory, Pez Candies,
Nellson Nutraceuticals, Hilmar Cheese, Michael Angelo's and
Litehouse Foods. For more information, visit www.rossinc.com. About
CDC Software CDC Software, The Customer-Driven Company�, is a
provider of enterprise software applications designed to help
organizations deliver a superior customer experience while
increasing efficiencies and profitability. CDC Software's product
suite includes: CDC Factory (manufacturing operations management),
Ross ERP (enterprise resource planning) and SCM (supply chain
management), CDC Supply Chain (supply chain management ,warehouse
management and order management), Pivotal CRM and Saratoga CRM
(customer relationship management), Respond (customer complaint and
feedback management), c360 CRM add-on products, industry solutions
and development tools for the Microsoft Dynamics CRM platform,
Platinum HRM (human resources) and business analytics solutions.
These industry-specific solutions are used by more than 6,000
customers worldwide within the manufacturing, financial services,
health care, home building, real estate, and wholesale and retail
distribution industries. The company completes its offerings with a
full continuum of services that span the life cycle of technology
and software applications, including implementation, project
consulting, outsourced business services, application management
and offshore development. CDC Software is the enterprise software
unit of CDC Corporation and is ranked number 12 on the MBT 2007
Global 100 List of Enterprise and Supply Chain Management
Application vendors. For more information, please visit
www.cdcsoftware.com. About CDC Corporation The CDC family of
companies includes CDC Software focused on enterprise software
applications and services, CDC Games focused on online games, and
China.com focused on portals for the greater China markets. For
more information about CDC Corporation (NASDAQ: CHINA), please
visit www.cdccorporation.net. Cautionary Note Regarding
Forward-Looking Statements This press release includes
"forward-looking statements" within the meaning of the United
States Private Securities Litigation Reform Act of 1995, including
statements relating to the ability of our products to help, and our
beliefs with respect to, increases in turnover, efficiency, achieve
goals, and awards and accreditations, our beliefs regarding the
ability of our products to help accomplish the alignment of
strategy and operations, reduce waste, introduce more products,
help enable enterprise-wide visibility and clearly view the supply
chain, inventory and forecasting functions, execute fast and
effective track and trace exercises, our beliefs regarding the
functionality of our products and the effects thereof on our
customers� businesses, including their ability to monitor
operations, reduce duplication of efforts, data and resources,
establish performance factors, help reduce overhead, minimize
errors in productions, stream-line planning, manage cold storage
facilities, identify yields and profitability, assess margins, meet
customer demands and realize end to end visibility, our beliefs
regarding the ability of our customers to attract new business that
would otherwise not be attainable without our applications, the
ability to increase cost accuracy and audit performance, the
ability to handle large volume of information, to handle recalls
quickly, to make better decisions and to grow a customer's
business, statements relating to our customers' plans to expand
functionality and purchase new applications from us, the ability to
provide improved recipe management, solve business and regulatory
challenges successfully, the ability to take full advantage of IT
investment, produce a higher quality product and improve the way
our customer's do business, the ability of Ross Enterprise reducing
time for mock recalls, improved quality audits, meeting regulatory
requirements and other statements that are not historical fact, the
achievement of which involve risks, uncertainties and assumptions.
These statements are based on management's current expectations and
are subject to risks and uncertainties and changes in
circumstances. There are important factors that could cause actual
results to differ materially from those anticipated in the forward
looking statements including, among others: the conditions of the
process manufacturing industry; the continued support of our
existing customers; the continued ability of Ross Enterprise
solutions to address industry-specific requirements of companies in
the process manufacturing industry; demand for and market
acceptance of new and existing Ross Enterprise solutions;
development of new functionalities which would allow process
manufacturers to compete more effectively and changes in the type
of information required to compete in the process manufacturing
industry. Further information on risks or other factors that could
cause results to differ is detailed in filings or submissions with
the United States Securities and Exchange Commission made by CDC
Corporation in its Annual Report for the year ended December 31,
2006 on Form 20-F filed on July 2, 2007. All forward-looking
statements included in this press release are based upon
information available to management as of the date of the press
release, and you are cautioned not to place undue reliance on any
forward looking statements which speak only as of the date of this
press release. The company assumes no obligation to update or alter
the forward looking statements whether as a result of new
information, future events or otherwise.
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