Cargill Turkey Products Selects Formation Systems to Manage Product Development within Rapidly Expanding Business.Business Editors/High-Tech Writers SOUTHBOROUGH, Mass.--(BUSINESS WIRE)--Feb. 18, 2003 Leader in Food and Agricultural Products Will Leverage Optiva to Integrate New Organization, Additional Products Into Turkey Products Division Formation Systems, a leading provider of product lifecycle Product lifecycle or product life cycle is the course of a product's sales and profits over time. The five stages of each product lifecycle are product development, introduction, growth, maturity and decline. management (PLM (Product Life cycle Management) A comprehensive information system that coordinates all aspects of a product from initial concept to its eventual retirement. Sometimes called the "digital backbone" of a product, it includes the requirements phase, analysis and design ) solutions, today announced that Cargill Turkey Products, a leading turkey supplier to grocers, delis and foodservice operators has purchased Optiva to maximize manufacturing flexibility while maintaining the highest quality of production. With the acquisition of Rocco, Inc., Cargill Turkey Products quickly doubled its sales. The combined companies saw the opportunity to cross-leverage information and contacts, to further increase sales, while also consolidating business processes. Cargill's Cargill Turkey Products existing systems were not flexible enough to support this level of collaboration. As a result, they turned to Formation Systems to streamline process within product development and increase collaboration. "When we quickly doubled our sales with the acquisition of Rocco, we needed new methods of collaboration and a system that would help us quickly integrate the two companies and maximize our efficiencies," said Cory Archbald, manager of Information Systems at Cargill Turkey Products. "Optiva provides us with the technology needed to eliminate redundancies and increase workflow, ensuring a rapid integration of the two companies' product teams." Leveraging Optiva for product lifecycle management, Cargill Turkey Products plans to reduce time to market for new products, eliminate manual processes in specification development, increase accessibility of specifications, support the sales team and enable product development to optimize costs and rationalize ra·tion·al·ize v. 1. To make rational. 2. To devise self-satisfying but false or inconsistent reasons for one's behavior, especially as an unconscious defense mechanism through which irrational acts or feelings are made to appear formulas and raw materials. To accomplish this, Cargill Turkey Products will leverage two of Optiva's modules. Optiva Formulation will allow Cargill Turkey Products to identify product development issues and react more quickly. Formulation will serve as the system of record for new product development, approved products, obsolete product history, and raw material specifications. In addition to Formulation, Cargill Turkey Products also purchased Optiva Adapters to use in constructing integration components that will link Optiva with their existing applications. "When companies merge, it often creates a great deal of redundancies in products and data, even while dramatically increasing revenues and sales," said Dan Keelan, president and 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. of Formation Systems. "With Optiva, companies like Cargill Turkey Products are easily managing the redundancies and streamlining business, to create greater efficiencies in product development and sales." About Cargill Turkey Products Cargill Incorporated, headquartered in Minnesota, is a worldwide leader in food and agricultural products and ranks among the largest meat processors in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. . Cargill Turkey Products, with processing facilities in Arkansas, Missouri, Texas, North Carolina North Carolina, state in the SE United States. It is bordered by the Atlantic Ocean (E), South Carolina and Georgia (S), Tennessee (W), and Virginia (N). Facts and Figures Area, 52,586 sq mi (136,198 sq km). Pop. , and Virginia produce a broad variety of high-quality turkey products for the supermarket meat case, supermarket deli, and the foodservice operator. Brand names include Honeysuckle honeysuckle, common name for some members of the Caprifoliaceae, a family comprised mostly of vines and shrubs of the Northern Hemisphere, especially abundant in E Asia and E North America. White, Shady Brook, Plantation, Riverside and numerous private label products. As a recognized leader in food safety, Cargill has earned industry-wide recognition and a number of supplier awards. About Formation Systems Formation Systems develops Optiva, a suite of product development software for process industries. Their mission is to ensure a company's best ideas become the world's greatest products. Formation customers include large global Fortune 500 companies such as The Coca-Cola Company, GE Plastics, Akzo Nobel Akzo Nobel is a multinational company, active in the fields of healthcare products, coatings and chemicals. Headquartered in Amsterdam, the Netherlands, the company has activities in more than 80 countries, and employs approximately 62,000 people. , Kerry Group Kerry Group LSE: KYGa, is a major quoted food company headquartered in the Republic of Ireland. It is quoted on the Dublin ISEQ and London stock exchanges. It evolved initially from a local dairy co-op in the Munster region of Ireland. plc, Golden State Foods, Parfums Christian Dior Parfums Christian Dior is the make-up and perfumery line of Christian Dior SA, based on the company created by twentieth-century fashion designer Christian Dior. It was created in 1947 with the launch of Miss Dior perfume. , Yves Rocher, RPM International and The Valspar Corporation. Formation's software offers customers high return, low risk and quick time to benefit. Founded in 1995, Formation Systems is privately held and headquartered in Southborough, Massachusetts Southborough is a town in Worcester County, Massachusetts, United States. The population was 8,781 at the 2000 census. Like several neighboring "boro" towns, the spelling of its name is often abbreviated to Southboro. . For more information visit the corporate web site at www.formationsystems.com. |
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