Logility Inc., supplier of collaborative solutions to optimise the supply chain, has 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 per cent at the item/plant level and is able to utilise 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 realised it needed to better forecast demand and align its commercial, sales, and distribution teams with these forecasts. Since deploying Logility Voyager Solutions PenBev has centralised its demand planning, improved service levels and reduced inventory by 25 per cent while increasing on-time, in-full order fill rates from 94 per cent to 99 per cent.
"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 prioritise 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.
"PenBev saw an opportunity to improve its operations and create a more efficient supply chain through deploying Logility Voyager Solutions," said Mike Edenfield, president and CEO, Logility. "We are helping PenBev build a strong and flexible S&OP process that is capable of boosting visibility and supporting their long-term business strategy. PenBev's 25 per cent inventory reduction combined with the ability to better serve its customers demonstrates how the right combination of people, process and technology can significantly impact operations and the bottom line."
Recognised industry-wide for its rapid implementation, quick ROI and ease-of-use, Logility Voyager Solutions is a comprehensive supply chain management solution suite which features performance monitoring capabilities to increase supply chain visibility and operational efficiency in key areas including demand, inventory and replenishment planning, sales and operations planning (S&OP), manufacturing planning and scheduling, supply and inventory optimisation, transportation planning and management, and warehouse management.