�鶹ԭ�� Offers Nedspice Transparent Supply Chain for Sustainable Growth

�鶹ԭ�� News — Fri, 03 Mar 2023 07:47:01 +0000

Standardisation ensures transparency, efficiency and easier compliance

When sustainability is central to your strategy, transparency in your supply chain is indispensable. This is impossible without an IT system that ensures traceability from the local grower to sales. Nedspice can talk about that. With the help of �鶹ԭ�� partner NTT DATA Business Solutions Benelux, it replaced an ‘Excel-heavy’ way of working with a standardised �鶹ԭ�� environment based on �鶹ԭ�� S/4HANA.

�� is a global and sustainable producer of herbs, spices and dried vegetables. Its business activities include sourcing, cleaning, sterilization, grinding, packing and distribution of single spices, herbs and dehydrated vegetables. Nedspice is headquartered in the Netherlands and operates processing facilities in India and Vietnam. Sales offices, warehouses and distribution facilities are located in the Netherlands, India, Vietnam, the United States of America, the United Kingdom, South Africa, and China.

Sustainability is a crucial core value for Nedspice throughout its operations. For instance, it has been supporting local farmers in Vietnam and India in environmentally friendly cultivation and sustainable livelihoods since 2013. The company is also involved in that works to make the sector more sustainable. Recently, Nedspice opened an eco-friendly onion drying plant at Mahuva in India.

��Fragmented environment

Transparency and direct insight into all processes of all production, sales and warehouse locations; this was not possible with Nedspice’s old IT system. In addition, the various branches each had their own processes and master data. This made analyses across locations very difficult. These different systems also made it a challenge to guarantee the quality and sustainability of the products worldwide.

“Where sales and administration might still have been recordable well enough with the old software, in too many places more and more Excel sheets were tied together to create the required functionality. This was no longer sustainable,” says Jos van Gulick, general director Vietnam at Nedspice.

��Standardisation on �鶹ԭ��

The company put an end to that situation by switching to a standardised �鶹ԭ�� environment. This consists of and , , and a scanning solution.

This standardisation soon bore fruit. All branches now work according to the same processes via one integrated system, with a ‘single source of truth’ for all company data. This gives the company more control over quality processes and better insight into their progress.

In addition, Nedspice now also has the ability to analyse data from all international production, warehousing, and sales locations. Among other things, it does so to gain direct insight into profitability and its current international position.

��The right insight

According to Van Gulick, that insight is crucial. “In our market, raw material prices can fluctuate a lot. If you don’t have the right insight immediately – a few working days later, for example – you quickly run a financial risk. With this new system, we make all data transparent and that is hugely valuable. We can make the right decisions at the right time.”

Nedspice also benefits from substantial time and cost savings. By linking the �鶹ԭ�� environment to a scanning solution, data entry at order picking is more efficient and less error-prone. Finally, the company benefits from full traceability of raw materials and products from farm to distribution. This makes complying with changing laws and regulations in the sector much easier.

The post �鶹ԭ�� Offers Nedspice Transparent Supply Chain for Sustainable Growth appeared first on �鶹ԭ�� Africa News Center.

�鶹ԭ�� Recognized by Top Research Firms as a Leader in Supply Chain Management

�鶹ԭ�� News — Wed, 02 Sep 2020 10:48:34 +0000

WALLDORF — (NYSE: �鶹ԭ��) today announced that once again it has been named as a leader in Gartner Magic Quadrants for Warehouse Management Systems and Transportation Management Systems. Moreover, by worldwide market share, �鶹ԭ�� was ranked by Gartner Inc. to be among the top supply chain management (SCM) software providers. �鶹ԭ�� also was ranked number one in overall supply chain management market share by IDC.

�鶹ԭ�� believes the recognition demonstrates its ability to help global businesses stay resilient in times of supply chain disruption with its customer-centric products.

According to recent reports, �鶹ԭ�� has been:

Placed in the Leaders Quadrant of the Gartner “Magic Quadrant for Warehouse Management Systems” for the sixth time in a row
Placed in the Leaders Quadrant of the Gartner “Magic Quadrant for Transportation Management Systems” for the sixth year in a row
Ranked by Gartner as the number one market share leader in supply chain management software, worldwide, for the 18th year in a row
Ranked by IDC as number one by market share for supply chain management applications

Additionally, all of the and all four of the Gartner Supply Chain Masters are �鶹ԭ�� customers.

“As 2020 has shown us, supply chain disruptions can present immediate and long-lasting threats without warning,” said Franz Hero, head of development for �鶹ԭ�� Digital Supply Chain. “Companies must operate resilient supply chains that are agile, predictive and intelligent in order to make informed decisions quickly and confidently. These third-party recognitions show �鶹ԭ��’s leadership in helping organizations continue moving forward — even in times of disruption.”

According to Gartner: “The supply chain management software market grew 8.6% in 2019, exceeding $15 billion in vendor revenue. Cloud revenue grew 2.5 times faster than the overall market, accounting for nearly 34% of the market as all leading vendors transitioned their new product strategy to cloud.”* In the same report, �鶹ԭ�� ranked as the number one market share leader in supply chain management software, worldwide.

Gartner’s 2020 “Magic Quadrant for Warehouse Management Systems”** report lists �鶹ԭ�� in the Leaders Quadrant for its SCM extended warehouse management solution. The application covers all the facets of warehouse and distribution management, including multichannel fulfillment and distribution, inventory management and control, cross-docking, labor management and billing for companies of all sizes and industries.

Gartner’s 2020 “”† report lists �鶹ԭ�� in the Leaders Quadrant for its transportation management solution. The application, which experienced significant revenue growth in 2019, reduces transportation complexity dramatically by integrating fleet and logistics management throughout networks.

In its “IDC Semiannual Software Tracker 2019H2,”†† published in April 2020, IDC again ranked �鶹ԭ�� number one in supply chain management revenue and overall market share.

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Media Contact:
Angela Feher, +1 (347) 882-1689, angela.feher@sap.com, ET
�鶹ԭ�� 鶹ԭ�� Room; press@sap.com

Gartner Disclaimer: Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner’s research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

*Gartner, “,” Hai Swinehart, Balaji Abbabatulla, June 2020.
**Gartner, “Magic Quadrant for Warehouse Management Systems,” Simon Tunstall, Dwight Klappich, May 2020.
†Gartner, “,” Bart De Muynck, Brock Johns, Oscar Sanchez Duran, March 2020.
††IDC Semiannual Software Tracker 2019H2 Final Historical, April 2020. Supply Chain Management Applications is an IDC secondary market. Based on 2019 Worldwide Revenues. IDC declares a statistical tie in the worldwide software market when there is a difference of 0.5 percentage-point or less in rounded revenue market share among two or more vendors.

Any statements contained in this document that are not historical facts are forward-looking statements as defined in the U.S. Private Securities Litigation Reform Act of 1995. Words such as “anticipate,” “believe,” “estimate,” “expect,” “forecast,” “intend,” “may,” “plan,” “project,” “predict,” “should” and “will” and similar expressions as they relate to �鶹ԭ�� are intended to identify such forward-looking statements. �鶹ԭ�� undertakes no obligation to publicly update or revise any forward-looking statements. All forward-looking statements are subject to various risks and uncertainties that could cause actual results to differ materially from expectations. The factors that could affect �鶹ԭ��’s future financial results are discussed more fully in �鶹ԭ��’s filings with the U.S. Securities and Exchange Commission (“SEC”), including �鶹ԭ��’s most recent Annual Report on Form 20-F filed with the SEC. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of their dates.
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