As Food Industry Recalls Surge, Companies Require Improved Technology to Protect Their Brands.Business Editors NOTE TO MEDIA: Multimedia assets available WAUKESHA, Wis.--(BUSINESS WIRE)--Oct. 24, 2002 RedPrairie(TM) Solutions Deliver Real-Time Inventory Visibility and Control in Face of Mounting Recalls and Increased FDA FDA abbr. Food and Drug Administration FDA, n.pr See Food and Drug Administration. FDA, n.pr the abbreviation for the Food and Drug Administration. Regulation In a time of surging, well-publicized food recalls and increasingly stringent Food and Drug Administration (FDA) quality control regulation, food, beverage and other consumer goods consumer goods Any tangible commodity purchased by households to satisfy their wants and needs. Consumer goods may be durable or nondurable. Durable goods (e.g., autos, furniture, and appliances) have a significant life span, often defined as three years or more, and companies require a new generation of technology to enable them to better manage inventory control, quality assurance and product recalls across their networks. There have been nearly 400 food-related recalls in the first eight months of 2002, and more than 1,800 recalls across all food, drug and other products. Recent regulatory changes, in response to the threat of bio-terrorism, include a new law mandating that by the end of 2003 the FDA create requirements for food companies to improve product tracking up and down their supply chain1. These requirements will necessitate ne·ces·si·tate tr.v. ne·ces·si·tat·ed, ne·ces·si·tat·ing, ne·ces·si·tates 1. To make necessary or unavoidable. 2. To require or compel. greater supply chain visibility and product control for most consumer goods companies. In response to these new requirements, RedPrairie has delivered a comprehensive set of supply chain solutions that enable consumer-focused companies to meet their brand protection and inventory control challenges, driving out costs and significantly decreasing a company's risk from product quality issues. RedPrairie's consumer-related customers include such leaders as: ConAgra Foods ConAgra Foods, Inc. (NYSE: CAG) is one of North America's largest packaged foods companies. ConAgra's products are available in supermarkets, as well as restaurants and food service establishments. Its headquarters are located in Omaha, Nebraska. ; Foster Farms; Hershey Foods; Keebler; Kellogg Company For other uses, see Kellogg. Kellogg Company (often referred to as simply Kellogg or Kellogg's) is an American multinational producer of breakfast foods, snack foods, cookies, and crackers, with corporate headquarters in Battle Creek, Michigan, USA. ; Kimberly-Clark; Labatt; Procter & Gamble; Schering-Plough; Swiss Colony The Swiss Colony is a mail-order catalog gift company that is known for its cheese, chocolates, fruitcakes, and other confections. The company has been family-owned since 1926, when an entrepreneur from Monroe, Wisconsin, a town known for its Swiss immigrants and Swiss cheese, Ray ; The Quaker Oats Company; and Unilever HPC (Handheld PC) A palmtop computer that weighs less than one pound and runs specialized versions of popular applications. Microsoft coined the term for its Windows CE operating system, which is an abbreviated version of Windows. See Pocket PC. . According to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. Larry Hilgert, Manager of Warehouse Information Systems, Logistics Capabilities and Technologies for Quaker Food and Beverages F&B is a common abbreviation in the United States and Commonwealth countries, including Hong Kong. F&B is typically the widely accepted abbreviation for "Food and Beverage," which is the sector/industry that specializes in the conceptualization, the making of, and delivery of foods. , "With RedPrairie, we can accomplish in minutes brand protection processes that use to take days. RedPrairie systems enable us to control inventory and protect our brands across a large and complex distribution network." John Jazwiec, RedPrairie Company Results Leader, commented, "The greatest asset of consumer-focused companies is their brands. These companies have huge amounts invested in inventories. RedPrairie is helping leading consumer companies significantly improve their management of brand and inventory assets across the supply chain with tools unavailable from anyone else in the marketplace." RedPrairie's capabilities for Brand Protection and Inventory Control Include: -- The industry's most comprehensive data model to manage the complex inventory control attributes of consumer-focused companies. -- Real-time visibility to inventory by lot, batch and pallet anywhere across the extended network, enabling companies to reduce inventory levels and improve control and deployment. -- Tools to automate quality assurance and product recall processes across the network, providing a level of control previously unachievable and enabling these functions to be completed in a fraction of the time. -- Integrated warehouse management functionality that provides out of the box support for complex consumer-focused industry requirements. -- Collaborative solutions that enable visibility and control of inventory across the supply network, including at the contract manufacturers and co-packers prevalent in consumer industry supply chains, enabling these third parties to operate as if part of the consumer company's own network. -- Powerful integration technology and certified adapters to SAP, Oracle and other leading ERP solutions that enable RedPrairie logistics solutions to easily complement existing enterprise applications. ARC Advisory's Director of Supply Chain Steve Banker said, "Visibility and process control are increasingly important components of supply chain excellence. RedPrairie has delivered supply chain process management (SCPM SCPM Supply Chain Process Management SCPM Supply Chain Performance Management SCPM Stanford Certified Project Manager (Stanford Advanced Project Management) SCPM Smart Card Personalization Manager SCPM Stars Composite Process Model ) solutions that support the growing needs of consumer-focused companies to manage inventory and execution processes across their networks. We expect demand for these types of solutions to increase based on external market forces and their ROI (Return On Investment) The monetary benefits derived from having spent money on developing or revising a system. In the IT world, there are more ways to compute ROI than Carter has liver pills (and for those of you who never heard of that expression, it means a lot). ." About RedPrairie Corporation. RedPrairie delivers superior logistics results by driving out more logistics costs than anyone in the industry, and enabling customers to consistently achieve their supply chain objectives. This is accomplished through an integrated suite of DigitaLogistix(TM) solutions that provide the industry's leading transportation, productivity, and distribution management capabilities, enhanced with action-oriented components for real-time control Real-time control is a popular term for a certain class of digital controllers. For effective digital control, it is critical that sample time be constant. Real-time control achieves nearly constant sample time. See also
For additional information, call 1.888.624-8448, or access www.RedPrairie.com. (1) FDA, Public Health Security and Bioterrorism bi·o·ter·ror·ism n. The use of biological agents, such as pathogenic organisms or agricultural pests, for terrorist purposes. Bioterrorism Preparedness and Response Act of 2002 (Section 306). RedPrairie and DigitaLogistix are trademarks, and DLx is a registered trademark of RedPrairie Corporation. (c) 2002 RedPrairie Corporation. All Rights Reserved. Note: A spreadsheet is available at URL URL in full Uniform Resource Locator Address of a resource on the Internet. The resource can be any type of file stored on a server, such as a Web page, a text file, a graphics file, or an application program. : http://www.businesswire.com/cgi-bin/photoblob.sh?pw.102402/bb3 |
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