USA: Cargill's North American Food Operations to Use SCT's iProcess.sct; Solution Will Standardize Internet Order Management
By the time the three-year implementation is complete, Cargill users and customers conducting business on iProcess.sct could exceed 5,000. The first license installment was recognized in SCT's second fiscal quarter, which ended March 31, 2000.
Cargill will implement iProcess.sct, which includes iOrder.sct -- a sell- side Internet B2B solution -- and SCT's Adage fully integrated sales order management solution as its transactional backbone. iProcess.sct is expected to be deployed to conduct sales transactions between Cargill and all its North American food customers. iProcess.sct also includes the Fygir Supply Chain Suite, which is utilized in several areas of Cargill, including North America, Latin America and Europe.
"We know that being an e-business takes more than just opening an Internet storefront," said Lloyd Taylor, CIO for Cargill, Inc. "To reliably meet Internet commitments, B2B e-commerce requires solutions tied to the transactional backbone and supply chain optimizers. SCT is the only vendor currently delivering these functionally rich, integrated components to the process manufacturing marketplace. Standardizing these vital operations with the integrated SCT solution will improve our customer service and increase sales both through traditional and e-business channels." Taylor added, "With this implementation, we will quickly build upon our success with SCT to deliver added benefit to our customers."
"Cargill has been a terrific partner over the last 16 months and this agreement brings the partnership to a new, long-term, strategic level. We are delighted to have been chosen as their sell-side solution," said Roy Zatcoff, president of SCT's global manufacturing & distribution solutions. "Our enterprise agreement with Cargill is a powerful validation of success and expanded commitment to SCT solutions, and also indicates the momentum of SCT's e-business solution for large-scale process manufacturers."
Zatcoff explained that the market requires industry-focused e-business, supply chain planning and execution solutions that enable companies to reliably meet Internet commitments and provide outstanding service to customers. Process industry manufacturers and distributors are faced with increasing pressure to develop new markets, open new distribution channels and strengthen supply chain partnerships. In addition, these organizations must address a layer of unique requirements caused by product availability, variability, seasonality, quality and shelf life.
Cargill, headquartered in Minneapolis, is an international marketer, processor and distributor of agricultural, food, financial and industrial products and services with some 82,000 employees in more than in 59 countries. In 1999, Cargill's egg-processing subsidiary, Sunny Fresh Foods, became the first food company to win the Malcolm Baldrige National Quality Award.
SCT offers iProcess.sct, a unique combination of e-business supply chain management solutions, to serve the special requirements of process manufacturers and distributors in industries such as food & beverage, chemicals, pharmaceuticals, and consumer packaged goods. The advantage of the iProcess.sct solution comes from its fundamental process industry functionality and the tight integration of the following components: SCT Internet Business Suite (including iOrder.sct), Fygir Supply Chain Planning Suite and Adage ERP Supply Chain Execution Suite.
SCT enables clients to achieve breakthrough results by leveraging their key relationships. Relationship leverage initiatives -- from CRM and supply chain management to e-commerce and distance learning -- require organizations to use information in fundamentally different ways. SCT's unique and powerful relationship leverage solutions combine application software and services to deliver benefits rapidly. SCT operates globally, providing specific solutions for four industry markets: education; energy, utility & communications; process manufacturing & distribution; and courts and state & local government. SCT has more than 3,400 employees and serves approximately 2,500 clients worldwide. The company is headquartered in Malvern, Pa. For more information, browse the SCT Web site at www.sctcorp.com.
The matters discussed in this press release that are forward-looking statements are based on current management expectations that involve risks and uncertainties that could cause actual results to differ materially from those anticipated. Potential risks and uncertainties include, without limitation, a continued slowdown in the ERP market; the extent to which demand for the Company's products and services are affected as organizations move past their efforts to address the year 2000 problem; Cargill's financial condition; the extent to which Cargill ultimately determines to implement iProcess.sct in its North American Food Operations; the impact on the Company of emerging areas such as the Internet, on-line services and electronic commerce; the timing of the receipt of software licenses; competitive and pricing pressures in the markets that the Company serves; the Company's ability to develop and market innovative products and enhancements cost-effectively and on a timely basis; the Company's ability to attract and retain highly skilled technical, managerial, sales and marketing personnel; general economic conditions; and other risks and uncertainties more specifically set forth in the Company's filings with the Securities and Exchange Commission.
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