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Cargill Pork Joins Cargill Beef with a 5-Year Commitment to SignalDemand for Pricing and Profitability Management Software.


SAN FRANCISCO San Francisco (săn frănsĭs`kō), city (1990 pop. 723,959), coextensive with San Francisco co., W Calif., on the tip of a peninsula between the Pacific Ocean and San Francisco Bay, which are connected by the strait known as the Golden  -- SignalDemand, the leader in pricing and profitability management software solutions for process manufacturers, today announced that Cargill Pork, a division of Cargill Meat Solutions Cargill Meat Solutions is one of the numerous platforms of Cargill Incorporated. The corporate office is located in Wichita, Kansas. The meat products included in operation are pork, turkey, beef, further processing and case ready.  and the global food manufacturer Cargill, has selected its Price and Response 3.0[TM] solution. This selection represents an expansion of Cargill Meat Solution's long-term relationship with SignalDemand, as well as Cargill's further commitment to extending science and optimization-based pricing into other areas of their business.

SignalDemand delivers patent-pending software solutions and advisory services advisory services

advisory services provided to the public, in their capacity as owners and managers of animals, are an important part of veterinary science. They may be provided by government bureaux, by commercial companies who deal in pharmaceuticals or animals or animal
 that help process manufacturers determine optimal margins, prices and product mix while aligning production capacity to accelerate revenues, profit and market share growth.

Cargill Pork has selected SignalDemand to guide them in the complex process of pricing in the highly competitive short-, mid-, and long-term markets in which they compete. SignalDemand's Price and Response 3.0[TM] solution will allow them to see how pricing decisions on every SKU (StockKeeping Unit) The number of one specific product available for sale. If a hardware device or software package comes in different versions, there is an SKU for each one.

SKU - stock-keeping unit
 in their business impact revenue and customer demand.

"Based on the strong success at Cargill Beef, we are excited to bring SignalDemand's pricing and mix capabilities to our pork business," said Dirk Jones, President, Cargill Pork. "Given the increasingly dynamic nature of our business, the SignalDemand solution presents an opportunity for us to better partner with our customers by providing fair and accurate pricing for all our pork products. And, by institutionalizing the pricing process, we are able to reduce volatility in our business and simplify price discovery with our customers."

SignalDemand solutions will work in concert with the team of pricing experts at Cargill Pork. Users are able to view optimized price ranges for every SKU, every day - derived from advanced algorithms and demand and supply modeling - while still having the flexibility to incorporate experience and relationships into final pricing decisions.

"We are thrilled that Cargill has once again selected SignalDemand software and services," said Michael Neal, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board.  and founder of SignalDemand. "Cargill has a reputation as one of the most innovative and successful companies in the global food industry, and we are delighted they have decided to expand our partnership by deploying SignalDemand into new businesses. Cargill's success demonstrates how applying rigor rigor /rig·or/ (rig´er) [L.] chill; rigidity.

rigor mor´tis  the stiffening of a dead body accompanying depletion of adenosine triphosphate in the muscle fibers.
 and science to process manufacturer pricing can enable significant returns in even the most competitive margin environments. We are eager to generate similar results for Cargill Pork."

About Cargill

Cargill is an international provider of food, agriculture and risk management products and services. With 153,000 employees in 66 countries, the company is committed to using its knowledge and experience to collaborate with customers to help them succeed. For more information, please visit www.cargill.com.

About SignalDemand

SignalDemand delivers margin optimization software Free and Open Source software
  • ASCEND — mathematical modelling system
  • OpenOpt (license: BSD) — toolbox with connections to lots of solvers, for Python language programmers
  • COIN-OR SYMPHONY — integer programming, Common Public License
 that enables process manufacturers to maximize profitability, even as costs and markets change around them. The company's applications rely on the latest econometric models Econometric models are used by economists to find standard relationships among aspects of the macroeconomy and use those relationships to predict the effects of certain events (like government policies) on inflation, unemployment, growth, etc. , optimization optimization

Field of applied mathematics whose principles and methods are used to solve quantitative problems in disciplines including physics, biology, engineering, and economics.
 algorithms and activity-based costing In a business organization, Activity-based costing (ABC) is a method of allocating costs to products and services. It is generally used as a tool for planning and control. This is a necessary tool for doing value chain analysis.  techniques. Customers include Cargill Meat Solutions, Hormel, National Frozen Foods, Rich Products, and Ventura Foods. For more information, please visit www.signaldemand.com.
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Publication:Business Wire
Date:Sep 17, 2007
Words:489
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