National Retail Food Chain

National Retail Food Chain

A long-time leader and one of the most widely recognized consumer brands in the food and beverage industry they have grown to over 3,500 locations with over 60,000 store and 1,200 corporate employees across North America. The chain’s commitment to maintaining a close relationship with franchisees and the communities where it operates has helped generate immense customer loyalty. They are dedicated to satisfying the changing tastes of customers through continuous product innovation. As consumer tastes grow, so do the choices. The current menu spans a broad range of categories that appeal to customers throughout the day.

They have been using Hyperion Planning (HP) and Hyperion Financial Management (HFM) for their corporate financial reporting, financial & operational planning and reporting.

Challenge/opportunity
Corporate Chain Sales Reporting, Forecasting, Budgeting Financial Planning Activities were still being done using numerous Excel spreadsheets and MS Access databases.

Solution
The GoLiveSystems team using our RAPID GoLive™ Methodology implemented and deployed Hyperion Planning for Chain Store Sales Reporting and Budgeting. Also we installed the Warehouse Sales and Financial Planning and Budgeting modules for both Operational and Financial departments. To complete the project we deployed a consolidation process using Hyperion Planning

Results
Implementing Hyperion Planning resulted in dramatic savings of time and effort in producing Weekly Chain Sales Reporting. The Chain Sales Budgeting and Planning has successfully been rolled out to 125 District Managers resulted in shortened budgeting and forecasting cycles. Warehouse Forecasting, Budgeting and Reporting efficiencies and accuracy have also been greatly improved. Centralized, Operational and Financial Forecasting and Budgeting replaced disconnected Excel and MS Access based planning. Budget Consolidations are now being done rapidly and consolidated results reviewed and reported to key executives.