Hershey Software Purchases and Digital Transformation Initiatives

Discover the latest software purchases and digital transformation initiatives being undertaken by Hershey and its business and technology executives. Each quarter our research team identifies on-prem and cloud applications that are being used by the 22000 Hershey employees from the public (Press Releases, Customer References, Testimonials, Case Studies and Success Stories) and proprietary sources.

During our research, we have identified that Hershey has purchased the following applications: SAP S/4 HANA for ERP Financial in 2016, SAP S/4 HANA Finance for ERP Financial in 2014, SAP Travel and Expense Management for Expense Management in 2007 and the related IT decision-makers and key stakeholders.

Our database provides customer insight and contextual information on which enterprise applications and software systems Hershey is running and its propensity to invest more and deepen its relationship with SAP or identify new suppliers as part of their overall Digital and IT transformation projects to stay competitive, fend off threats from disruptive forces, or comply with internal mandates to improve overall enterprise efficiency.

We have been analyzing Hershey revenues, which have grown to $7.40 billions in 2019, plus its IT budget and roadmap, cloud software purchases, aggregating massive amounts of data points that form the basis of our forecast assumptions for Hershey intention to invest in emerging technologies such as AI, Machine Learning, IoT, Blockchain, Autonomous Database or in cloud-based ERP, HCM, CRM, EPM, Procurement or Treasury applications.

About the Customer

The Hershey Company, and commonly called Hershey's is an American company and one of the largest chocolate manufacturers in the world. It also manufactures baked products, such as cookies. Its headquarters are in Hershey, Pennsylvania.

Scope and Challenges

Hershey’s tradition of innovation goes beyond creating new products; it also involves reimagined systems and processes.

The company relies on knowledge and insights to drive business decisions in order to win in the marketplace. Hershey started a journey to provide an uninterrupted flow of information to employees across the company.

J.P. Bilbrey, Chairman, President, and CEO of The Hershey Company stated that Enterprise connectivity is going to be the single most important thing to be able to win in the marketplace. And they want to win.

Outcome and Implications

In 2016, Hershey implemented SAP S/4 HANA in order to achieve insights which helped Hershey fine-tune its recipe for market success.

"We use SAP S/4HANA in our supply chain where we’ve been able to influence how we think about inventory, how we procure goods, and how they move through our system.” - said J.P. Bilbrey, Chairman, President, and CEO of The Hershey Company. 

Quotes

“An organization needs to be well-connected to take advantage of all the data that is available. Tear down the silos and get that information to as many people as possible. You’ll discover some great insights from some surprising places.” - said J.P. Bilbrey, Chairman, President, and CEO of The Hershey Company.