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CDC Software (NASDAQ: CHINA), a wholly-owned subsidiary of CDC
Corporation and a provider of industry-specific enterprise software
applications and business services, announced today that its ROSS ERP
applications have helped KK Fine Foods achieve an 82 percent increase in
net profit before tax and achieve a 73 percent increase in revenue in
2007.
KK Fine Foods also cites Ross ERP for helping them accomplish better
alignment between the strategic direction of the company and daily
operations throughout the company.
Prior to deploying ROSS ERP, KK Fine Foods lacked an integrated
real-time view of its operations. A significant volume of valuable
information was being collected from orders, raw material planning and
production scheduling, however, these disparate systems rendered the
information virtually useless in support of centralized coordination.
The challenge was further compounded by the complexity of the food
manufacturing business, where KK Fine Foods had more than 60 products at
the time (more than 290 now), each with multiple components. Managing
this manufacturing process was difficult and the information output was
often inaccurate. As a result, KK Fine Foods was not able to react
competitively to rapid changes in demand, seasonal modifications or
changes to recipe content.
ROSS ERP helped enable KK Fine Foods to gain enterprise-wide visibility
and a clear view of supply chain, inventory and forecasting functions,
as well as the ability to execute fast and effective track and trace
exercises.
According to Graham Jackson, chairman, KK Fine Foods Plc, “Our
enterprise resource planning solution is now at the core of our company,
underpinning our entire organization from financial and sales order
processing to production and distribution. In addition to achieving the
highest grade of British food safety traceability accreditation, we have
cut overhead costs and reduced product wastage. The system has also
enabled us to minimize errors in production, streamline planning and has
given us the ability to more effectively manage our expensive cold
storage facilities.”
The company now has a fully integrated ERP system. The primary result is
that there is now improved alignment between the strategic direction of
the company and what is actually happening from an operational
standpoint. Additionally, profitability and day-to-day operational
efficiency can be monitored; duplication of effort, resources and data
has been largely eliminated; visibility has been gained across the
company’s supply chain; and key performance
indicators can be more clearly defined and monitored. The company can
also identify the yields and profitability from each recipe in order to
assess margins and streamline operations, while at the same time
continuing to meet the stringent demands of supermarkets and wholesalers
who are demanding the best service, accountability and traceability from
their suppliers.
Since implementing Ross ERP, KK Fine Foods has realized true end-to-end
online visibility of its products, minimizing the risks associated with
food safety and reducing the impact of product recalls on the customer.
The company has also achieved the prestigious Grade A BRC Food Safety
Traceability Accreditation.
According to KK Fine Foods, Ross ERP has directly contributed to the
following performance improvements:
A three-fold increase in revenue since the Ross ERP implementation
15 percent reduction in production wastage
73 percent increase in revenue in 2007
82 percent increase in net profit before tax in 2007
Increased product production portfolio from 60 products in 2003 to 290
products today
Achieved the prestigious Grade A BRC Food Safety Traceability
Accreditation
Overall, the business processes at KK Fine Foods have been significantly
streamlined across the entire organization and the system has helped KK
Fine Foods move a step further towards its goal of being a “just-in-time”
production facility.
“We were delighted when we learned of our
client reaping such significant rewards since implementing our software
solutions,” said Bruce Cameron, senior vice
president, Global Sales,CDC Software.
“We are now working with KK Fine Foods to
implement our CDC Factory solution that is expected to help further
improve KK Fine’s profitability by enabling
performance improvements on the factory floor.”
With annual revenue of more than ?12 million
(U.S.$23.7 million), KK Fine Foods is now one of the largest innovative
frozen foods manufacturers in the U.K. The company has grown almost six
fold since 2000, from producing 60 products in 2003, to now having 10
production lines producing more than 290 different types of product
every month for its customers across the UK and Europe.
About ROSS Enterprise ERP for Food and Beverage
Ross Enterprise is CDC Software's comprehensive suite of applications
for food and beverage manufacturers. The suite of applications includes
enterprise resource management (ERP), supply chain management (SCM),
warehouse management, customer relationship management, real time
performance management and business analytics. Together, these systems
address the unique challenges in food and beverage including the need
for detailed product costing and profitability analysis, management of
pricing and promotions, optimized forecasting and scheduling, improved
order fulfillment and customer service, inventory optimization with
minimal spoilage, and compliance with food safety regulations and mock
recalls. Ross Enterprise is used worldwide by over 1,200 companies
including Boar's Head, Kerry Ingredients, Cheesecake Factory, Pez
Candies, Nellson Nutraceuticals, Hilmar Cheese, Michael Angelo's and
Litehouse Foods. For more information, visit www.rossinc.com.
About CDC Software
CDC Software, The Customer-Driven Company™,
is a provider of enterprise software applications designed to help
organizations deliver a superior customer experience while increasing
efficiencies and profitability. CDC Software's product suite includes:
CDC Factory (manufacturing operations management), Ross ERP (enterprise
resource planning) and SCM (supply chain management), CDC Supply Chain
(supply chain management ,warehouse management and order management),
Pivotal CRM and Saratoga CRM (customer relationship management), Respond
(customer complaint and feedback management), c360 CRM add-on products,
industry solutions and development tools for the Microsoft Dynamics CRM
platform, Platinum HRM (human resources) and business analytics
solutions.
These industry-specific solutions are used by more than 6,000 customers
worldwide within the manufacturing, financial services, health care,
home building, real estate, and wholesale and retail distribution
industries. The company completes its offerings with a full continuum of
services that span the life cycle of technology and software
applications, including implementation, project consulting, outsourced
business services, application management and offshore development. CDC
Software is the enterprise software unit of CDC Corporation and is
ranked number 12 on the MBT 2007 Global 100 List of Enterprise and
Supply Chain Management Application vendors. For more information,
please visit www.cdcsoftware.com.
About CDC Corporation
The CDC family of companies includes CDC Software focused on enterprise
software applications and services, CDC Games focused on online games,
and China.com focused on portals for the greater China markets. For more
information about CDC Corporation (NASDAQ: CHINA), please visit www.cdccorporation.net.
Cautionary Note Regarding Forward-Looking Statements
This press release includes "forward-looking statements" within the
meaning of the United States Private Securities Litigation Reform Act of
1995, including statements relating to the ability of our products to
help, and our beliefs with respect to, increases in turnover,
efficiency, achieve goals, and awards and accreditations, our beliefs
regarding the ability of our products to help accomplish the alignment
of strategy and operations, reduce waste, introduce more products, help
enable enterprise-wide visibility and clearly view the supply chain,
inventory and forecasting functions, execute fast and effective track
and trace exercises, our beliefs regarding the functionality of our
products and the effects thereof on our customers’
businesses, including their ability to monitor operations, reduce
duplication of efforts, data and resources, establish performance
factors, help reduce overhead, minimize errors in productions,
stream-line planning, manage cold storage facilities, identify yields
and profitability, assess margins, meet customer demands and realize end
to end visibility, our beliefs regarding the ability of our customers to
attract new business that would otherwise not be attainable without our
applications, the ability to increase cost accuracy and audit
performance, the ability to handle large volume of information, to
handle recalls quickly, to make better decisions and to grow a
customer's business, statements relating to our customers' plans to
expand functionality and purchase new applications from us, the ability
to provide improved recipe management, solve business and regulatory
challenges successfully, the ability to take full advantage of IT
investment, produce a higher quality product and improve the way our
customer's do business, the ability of Ross Enterprise reducing time for
mock recalls, improved quality audits, meeting regulatory requirements
and other statements that are not historical fact, the achievement of
which involve risks, uncertainties and assumptions. These statements are
based on management's current expectations and are subject to risks and
uncertainties and changes in circumstances. There are important factors
that could cause actual results to differ materially from those
anticipated in the forward looking statements including, among others:
the conditions of the process manufacturing industry; the continued
support of our existing customers; the continued ability of Ross
Enterprise solutions to address industry-specific requirements of
companies in the process manufacturing industry; demand for and market
acceptance of new and existing Ross Enterprise solutions; development of
new functionalities which would allow process manufacturers to compete
more effectively and changes in the type of information required to
compete in the process manufacturing industry. Further information on
risks or other factors that could cause results to differ is detailed in
filings or submissions with the United States Securities and Exchange
Commission made by CDC Corporation in its Annual Report for the year
ended December 31, 2006 on Form 20-F filed on July 2, 2007. All
forward-looking statements included in this press release are based upon
information available to management as of the date of the press release,
and you are cautioned not to place undue reliance on any forward looking
statements which speak only as of the date of this press release. The
company assumes no obligation to update or alter the forward looking
statements whether as a result of new information, future events or
otherwise.