SCT, leading the e-engineering of the process industries, announced today that Foodbrands America has licensed SCT’s iProcess.sct as its supply chain management solution. Foodbrands America is a leading manufacturer and marketer of quality frozen and refrigerated food products, and is a wholly owned subsidiary of IBP, Inc. (NYSE: IBP – news). With 1999 revenues of $14.1 billion, IBP is the world’s largest producer of fresh beef, pork and related products.
Foodbrands plans to deploy iProcess.sct to over 50 facilities to support existing business units and several recent acquisitions, and to increase visibility across the entire supply chain. The company has licensed all components of SCT’s iProcess.sct solution, which includes iOrder.sct, the Fygir Supply Chain Planning Suite and Adage ERP Supply Chain Execution Suite as its ERP transactional backbone. The contract has a total value of up to $6.4 million in license fees and services.
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“To support our rapid growth strategy, we need a flexible solution that can be quickly deployed and offers key functionality for the food industry such as quality control, lot tracking, catch weight and promotional pricing,” said R. Randolph Devening, president and chief executive officer for Foodbrands.
Foodbrands’ operational divisions planning to use the solution include the Food Service Group, the Processed Foods Group, the Deli Group, the Consumer Foods Group, Specialty Brands, Inc., KPR Foods, Inc. and DFG Foods, Inc.
“We are excited to welcome Foodbrands to our rapidly growing customer community. With this new commitment, we continue to see the momentum of SCT’s benefits for large-scale process manufacturers,” said Roy Zatcoff, president of SCT’s global manufacturing and distribution solutions unit. “Those companies that will be successful are the ones that can reliably meet Internet commitments to strengthen customer relationships. Because we are focused on the process industries, we believe we can deliver an industry-focused solution that enables companies to quickly build on the integrated underlying supply chain planning and execution solutions.”
About Foodbrands
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By GlobalDataFoodbrands America, Inc. is a leading manufacturing and marketer of quality frozen and refrigerated food products to the foodservice, retail and refrigerated convenience food industries. Company products include pepperoni, meat-based pizza toppings as well as partially baked and self-rising pizza crusts for the pizza industry, breaded and battered appetizers; Mexican and Italian foods; soups, sauces and side dishes; branded and processed meat and poultry products; highly customized, preportioned, premium cuts of steak, chops and pork; and gourmet hors d’oeuvres, upscale pastries, specialty snacks and kosher appetizers. Customers include quick service, casual dining and steakhouse restaurant chains, major foodservice distributors, warehouse clubs, hotels, convenience stores, food manufacturers, grocery stores and grocery store delicatessens. The company currently has approximately 15,000 associates located in 19 states and is a wholly owned subsidiary of IBP, Inc.
About IBP
IBP is the world’s largest producer of fresh beef, pork and related allied products and is also a high quality supplier of fully prepared meats for the retail and foodservice industries. Headquartered in South Dakota, IBP has more than 60 production sites in North America, joint venture operations in China, Ireland, and Russia, and sales offices throughout the world. The 40-year old company, which generated sales of $14.1 billion in 1999, employs 49,000 people. IBP conducts business through its Fresh Meat Company, its International Sales Company, and through Foodbrands America, Inc.
About SCT
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 and 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 and communications; process manufacturing and distribution; and courts and state and 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, including Foodbrands’ plans to deploy iProcess.sct, 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 is affected as organizations move past their efforts to address the year 2000 problem; Foodbrands financial condition; the extent to which Foodbrands ultimately determines to implement iProcess.sct in its 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.
