Lance
Industry: Consumer Goods, Food & Beverage
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Lance produces sweet and salty snack foods, including cookies, crackers, nuts and potato chips, mostly under the Lance, Cape Cod, and Tom’s brand names.
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Company
Lance is a leading producer and distributor of snack foods. The company’s products are distributed through a direct-store-delivery system of approximately 1,400 sales routes, a network of independent distributors and direct shipments to retail customer locations.
Problem
Lance needed to increase visibility, improve forecast accuracy and increase shelf-freshness for consumers.
Solution
Lance deployed Logility Voyager Solutions™ and improved forecast accuracy, reduced inventory days-on-hand, decreased finished goods storage, and accelerated S&OP collaboration.
Bottom Line
- Improved forecast accuracy from 50% to 70%
- Reduced inventory days-on-hand by 20%, from five days to four
- Decreased finished good storage by two warehouses
- Accelerated S&OP collaboration
- Improved acquisition integration effectiveness
