Apps Run The World

Quorn Foods Software Purchases and Digital Transformation Initiatives

Last updated on 2018-10-26 09:01:00
Apps Run The World

Discover the latest software purchases and digital transformation initiatives being undertaken by Quorn Foods and its business and technology executives. Each quarter our research team identifies on-prem and cloud applications that are being used by the 650 Quorn Foods employees from the public (Press Releases, Customer References, Testimonials, Case Studies and Success Stories) and proprietary sources.

During our research, we have identified that Quorn Foods has purchased the following applications: SAP S/4 HANA for Enterprise Resource Planning in 2017, BOARD for EPM in 2017, SAP S/4 HANA Finance for Enterprise Resource Planning in 2017 and the related IT decision-makers and key stakeholders.

Our database provides customer insight and contextual information on which enterprise applications and software systems Quorn Foods is running and its propensity to invest more and deepen its relationship with SAP, Board International 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 Quorn Foods revenues, which have grown to $100.0 millions 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 Quorn Foods 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

Quorn Foods is an independent FMCG company, focused on bringing people delicious and exciting food that is good for them and good for the planet, through our market-leading Quorn and Cauldron brands. Quorn Foods was recently acquired by a leading food manufacturing company Monde Nissin Corporation.

Scope and Challenges

Quorn Foods Started its Digital Transformation by replacing SAP ERP R/3 to SAP S/4 HANA using migration cockpit. Faced with a storm of market volatility and forecasting tools that had been stretched to breaking point, Quorn Foods embarked on an ambitious project to put in place an integrated demand and financial planning solution, in one hit, and within very tight timescales.

Outcome and Implications

In the past, Quorn Foods had been forecasting their sales data using spreadsheets, a process that was becoming more and more laborious and prone to errors. This sparked the search for a solution which would offer them the ability to analyze, forecast and report accurately and efficiently and help them to make faster and more informed business decisions.

Simpson Associates worked collaboratively with Quorn Foods to implement BOARD’s performance management and forecasting system in a business critical project that touched people, processes and data.

Quorn Foods chose the Board product to enable them to produce regular and up to date forecasts to allow the business to respond quickly to issues and opportunities. It also provides an integrated forecasting and reporting tool.

BOARD now provides direct integration with Quorn’s SAP ERP system. It provides reliable forecasting data, deeper insight and enhanced ability to measure the return on investment from promotional activity.

Quotes

"Last year we found that the volatility of our markets really increased. Competitors upped their promotional activity and there was a blurring in categories with retailers switching space with adjacent categories. Our old way of forecasting simply couldn’t cope. All of this meant that it was very challenging to forecast performance and to explain variances"- said Martin Lofnes, Finance Director at Quorn Foods.

"We believe Board will allow us to improve the speed and efficiency of decision making and provide a robust database containing ‘one version of the truth” - said Martin Lofnes, Finance Director at Quorn Foods.


Station Rd
Stokesley, TS9 7AB , x
United Kingdom
441642710803
https://www.quorn.co.uk/
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Enterprise Software and Cloud Applications being used by Quorn Foods


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Board International Legacy Applications BOARD EPM EPM n/a n/a 2017 2017
Subscribe Subscribe Subscribe Enterprise Resource Planning ERP Financial Management Subscribe Subscribe 2017 2017
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IT Decision Makers and Key Stakeholders at Quorn Foods


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