Peoplesoft has announced that it will enter into a partnership with the Vista Technology Group to develop an end-to-end solution that allows consumer-product firms to manage their business from product demand, all the way through the supply chain.
This is the word from Jan Coetzee, local managing director of the global e-business solutions provider, Peoplesoft. "The Internet solution will integrate Vista`s trade promotion event management software, VistaCPG, with Peoplesoft`s supply chain management capabilities."
The union will allow manufacturers of consumer-goods to manage their supply chains, based on product demand. The solution, being an industry first, will deliver maximum return on investment in trade promotion management, trade fund management control and product mix management.
Coetzee goes on to explain that once the integration of VistaCPG and Peoplesoft`s application is completed, the solution will pave the way for a truly customer-driven supply chain. "Customer-level sales and marketing will have a direct influence on the planning and execution of production and distribution. This critical function will allow companies to be prepared for any unexpected twists in retailer merchandising plans," he says.
He maintains that the strategy to partner with Vista Technology Group focuses on delivering customer benefits such as opportunity to create comprehensive customer account management solutions that will enable Peoplesoft to add significant value to their offerings in the consumer product industry.
"It is anticipated that VistaCPG will be embedded in several of Peoplesofts proven solutions including order management, call centre fulfilment, customer service and demand forecasting. The VistaCPG event management software will be powered by the Peoplesoft Internet architecture, an XML-based open integration platform," he concludes.
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Vista
Vista is a provider of CRM technology solutions for the consumer package goods (CPG) industry. Vista`s systems address the sales, marketing, and financial functions through a closed-loop process and focus on the areas of trade promotions, forecasting, funds management, and deduction management. Clients using Vista`s current integrated systems include Heinz USA, Heinz Frozen Foods, Borden Foods Corp, J.M Smuckers, Bestfoods Inc and Sara Lee L`eggs Hosiery. Additional information on The Vista Technology Group, Ltd. can be found at www.vistacpg.com.
PeopleSoft
PeopleSoft is a world leader in enterprise application software. PeopleSoft provides eBusiness applications for customer relationship management, human resource management, financials, and supply chain, along with a range of industry-specific solutions. For more than 4, 000 customers, PeopleSoft applications offer greater flexibility, rapid implementation, scalability across multiple databases and operating systems, and lower cost of ownership. Customers include some of the largest multi-national organisations in the world, as well as small- and medium-sized businesses. In addition to software, it offers PeopleSoft Advantage Customer Service, a comprehensive consulting, education and technical support programme. Headquartered in Pleasanton, California, PeopleSoft (www.peoplesoft.com) employs 7, 000 people and had 1999 revenues of $1.4 billion.