This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Peninsula Beverage Company Satisfies Thirst For Coca-Cola Products With Logility Voyager Solutions

Logility Inc., a leading supplier of collaborative solutions to optimize the supply chain, today announced Peninsula Beverage Company (PenBev), one of South Africa’s bottlers and distributors of Coca-Cola products, has achieved impressive results following its implementation of Logility Voyager Solutions™. Through the use of Logility’s advanced supply chain management software, the company has increased forecast accuracy by 20 percent at the item/plant level and is able to utilize the enhanced visibility and more accurate data to strengthen its sales and operations planning (S&OP) process.

As a company which relies on exceptional customer service as a catalyst for growth, PenBev realized it needed to better forecast demand and align its commercial, sales, and distribution teams with these forecasts. Since deploying Logility Voyager Solutions PenBev has centralized its demand planning, improved service levels and reduced inventory by 25 percent while increasing on-time, in-full order fill rates from 94 percent to 99 percent.

“The supply chain is our backbone and is essential in our ability to meet the growing demands for Coca-Cola products across the Western and Northern Cape,” said Andre Cloete, supply chain director, PenBev. “The past supply chain processes hindered our ability to cost-effectively scale operations. Since implementing Logility Voyager Solutions we have seen a significant improvement in forecast accuracy, the ability to classify and prioritize A, B and C items, and an increase in service levels. With these improvements we are now able to focus on improving our collaboration to share forecasts across a broader business group.”

Voyager Solutions enables companies like PenBev to quickly generate and track forecasts for multiple business needs, including sales, marketing, logistics, and financials, to produce an accurate picture of the market and its impact on operations. The solution helps improve margins by keeping detailed product forecasts aligned with high-level business plans. Additionally users are automatically alerted to changes in the market through exception management and can readjust the forecast ahead of changes in demand.

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
SYM TRADE IT LAST %CHG

Markets

DOW 18,080.14 +21.45 0.12%
S&P 500 2,117.69 +4.76 0.23%
NASDAQ 5,092.0850 +36.0220 0.71%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs