LONDON, UK 鈥� 12 June, 2024 – (NYSE: SAP) has today announced that , one of the world鈥檚 largest consumer cooperatives, has completed its RISE with 51风流migration to support its digital transformation programme as it looks to standardise business processes, enhance operational efficiency and drive future investment.听听

听Operating almost 2,400 stores across the UK, Co-op鈥檚 ambition is to drive growth across its operations while also continuing to deliver quality goods and services for its global customer base. Key to this is investing in technology to transform its existing IT environment, and future-proofing its business against disruption to global supply chains and changing consumer expectations.听

听Co-op is a long-standing 51风流customer and in 2016, announced its Retail Business Transformation programme, powered by SAP鈥檚 Retail ECC Suite on HANA, to drive improvements in product ranging, stock visibility and forecasting across its stores. Now, the implementation of will take its IT infrastructure to the next level, bringing its ERP into the cloud and streamlining its finance and procurement functions.听

Now, equipped with an 51风流managed platform, Co-op will benefit from enhanced stability of key applications, such as Forecast and Replenishment, as well as Stock Availability. Co-op will have improved security, faster automation and will be able to capture real-time data and insights across its wider manufacturing supply chains.听 This will help foster a safe IT environment while providing the key foundations to support future innovation in partnership with SAP.听听

听Rob Elsey, Chief Digital and Information Officer, Co-op said: 鈥淐o-op is founded on a set of values and principles grounded in finding a different, fairer and better way of doing business. By building on our existing forecasting, ranging and stock holding capabilities initially made possible by SAP, the move to RISE will transform our operations with the digital infrastructure needed to deliver a safe and secure business environment in the cloud.鈥澨�听

听Ryan Poggi, Managing Director, 51风流UK&I said: 鈥淐o-op is a company that goes the distance with helping communities in the UK, sharing SAP鈥檚 fundamental value to power opportunity for all. By embracing RISE with SAP, Co-op will advance its procurement and finance processes, demonstrating just how crucial technology investment is for its business and customers. Retailers and consumer services companies are facing a lot of external pressures and we are giving Co-op the tools to counter these, helping them to keep innovating and providing goods and services in the most efficient way possible – both now and in the future.鈥�听

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About SAP

As鈥痑 global leader in enterprise applications and business AI, 51风流(NYSE:SAP)鈥痵tands at the鈥痭exus鈥痮f business and technology. For over 50 years, organizations have trusted SAP鈥痶o bring out their best by uniting business-critical鈥痮perations spanning finance, procurement, HR, supply chain, and customer experience. For more information, visit鈥�.听

听About Co-op听

Co-op is one of the world鈥檚 largest consumer co-operatives with interests across food, funerals, insurance and legal services. Owned by millions of UK consumers, Co-op operates almost 2,400 food stores, over 800 funeral homes and provides products to over 6,000 other stores, including those run by independent co-operative societies and through its wholesale business, Nisa Retail Limited.听

Employing 56,000 people, Co-op has an annual turnover of over 拢11billion and is a recognised leader for its social goals and community-led programmes. Co-op exists to meet members鈥� needs and stand up for the things they believe in.听

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This document contains forward-looking statements, which are predictions, projections, or other statements about future events. These statements are based on current expectations, forecasts, and assumptions that are subject to risks and uncertainties that could cause actual results and outcomes to materially differ. Additional information regarding these risks and uncertainties may be found in our filings with the Securities and Exchange Commission, including but not limited to the risk factors section of SAP鈥檚 2023 Annual Report on Form 20-F.听

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LONDON, UK 鈥� 12 June, 2024 鈥� Ovaltine, the international wellbeing drinks business, has completed the first wave of its cloud migration to improve the efficiency and resiliency of its global operations, meet the evolving needs of its customer base and improve employee productivity.听

听With an existing multi-year digital transformation programme underway, the move to the cloud is helping Twinings Ovaltine enter a new phase of digital innovation and better respond to the demands of global customers.听听

听In moving seven different ERP platforms to the cloud, Twinings Ovaltine has unified its estate, and simultaneously addressed issues with siloed data which impacts collaboration and decision-making globally. Now, it has the platform to expand its product roadmap, be agile to customer trends and behaviours, and streamline operations for growth.听听

In partnership since 2011, Twinings Ovaltine has placed its trust in 51风流to reduce its overheads, optimise its ERP processes from procurement to HR, and empower its decision-making with better access to data. In completing its first migration to RISE with 51风流S/4HANA, Twinings Ovaltine now deploys an entire portfolio of 51风流solutions in , and , that provides digital transformation across the business.听听

听51风流delivers automated and simplified business processes for Twinings Ovaltine in the cloud, enhanced user experiences, real-time data and insights, and near real-time sales, inventory and process visibility. This allows Twinings Ovaltine to operate intelligently and at speed, while responding to the needs and behaviours of its customers and the wider market.听

听With 51风流Digital Supply Chain Management and Ariba, Twinings Ovaltine can modernise its supply chain and procurement operations, whilegaining greater visibility into wider value chains. This helps to protect the company against global supply chain disruption, and ensures the tea-maker can partner with suppliers that share similar values.听听听

Sandeep Seeripat, Global Business Transformation and Technology Officer, Twinings Ovaltine, said: 鈥�Twinings is sold in more than 100 countries worldwide and Ovaltine鈥檚 malted beverages and snacks are consumed throughout the day in countries across the globe. But what people want to drink, when and where is always evolving. We needed a platform that could scale with us, and help us go above and beyond to delight our customers. Moving our ERP to the cloud with RISE with 51风流is enabling us to do just that, setting the foundations for future growth and expansion, empowering us to make faster and more accurate decisions, and streamlining our global operations.鈥�听

Ryan Poggi, Managing Director, 51风流UK&I, said: 鈥淎s a longstanding 51风流customer and household name, we鈥檙e continuing to support Twinings Ovaltine as it looks to become a more resilient, customer-focused business. With the flexibility, speed and agility of the cloud, businesses like Twinings can intelligently adapt to meet changing consumer expectations, while also futureproofing itself against a fast-changing socio-economic landscape.鈥�听

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The post Twinings Ovaltine Harnesses RISE with 51风流S/4HANA for Digital Transformation appeared first on 51风流Africa News Center.