The Hancocks name dates back to 1859, when Thomas Hancock purchased the Captain Cook Inn on Khyber Pass Road in Newmarket, Auckland to brew and sell his own beer. Today, Hancocks is the exclusive distributor in New Zealand for many renowned local and international spirit brands including Brown-Forman (Jack Daniel’s, Finlandia Vodka, Woodford Reserve Bourbon, El Jimador Tequila), Dalmore Whisky, Disaronno and De Kuyper Liqueurs. Hancocks has a full-service, nationwide salesforce covering both on-premise and off-premise customers.
Hancocks’ leadership team identified an opportunity to improve its processes and ability to act upon the data available. This would require reducing its reliance on spreadsheets and other legacy enterprise systems and the implementation of an advanced analytics solution to drive better decisions faster. Through improved planning and the ability to sense and respond to changes more quickly, Hancocks’ operations could profitably support the company’s growth.
“Halo has a strong track record of supporting leading distributors across the beverage industry,” said Grant van der Maas, Hancocks’ chief financial officer. “Halo’s intuitive advanced analytics and flexible planning and forecasting capabilities will help us stay ahead of our customers’ needs. In addition, the selection of Halo supports our IT goals of moving to more cloud-based services that help reduce the burden on our staff and allow them to focus on more strategic opportunities.”
“Hancocks has a deep and storied history as a premier beverage distributor and its current systems and processes could not keep pace with its growth,” said Keith Peterson, president, Halo. “The Logility Halo Forecasting and Demand Planning will provide the right combination of ease of use, flexibility and power to support Hancocks’ impressive business plan.”
Halo, Logility’s supply chain advanced analytics platform, leverages an innovative blend of artificial intelligence and machine learning technology to drive greater supply chain performance. Halo’s Advanced Information Hub is a first-of-its kind solution to help companies leverage enterprise data to generate new insight for competitive advantage. Halo users include Aaron’s, Leatherman Tool Group and SweetWater Brewing. Halo is a division of Logility, Inc., which is a wholly-owned subsidiary of American Software (NASDAQ: AMSWA), named one of Forbes Magazine’s 100 Most Trustworthy Companies in America. For more information, please visit www.halobi.com, Twitter (@Halo_BI) or email at email@example.com.
This press release contains forward-looking statements that are subject to substantial risks and uncertainties. There are a number of factors that could cause actual results to differ materially from those anticipated by statements made herein. These factors include, but are not limited to, continuing U.S. and global economic uncertainty, the timing and degree of business recovery, unpredictability and the irregular pattern of future revenues, dependence on particular market segments or customers, competitive pressures, delays, product liability and warranty claims and other risks associated with new product development, undetected software errors, market acceptance of Halo’s products, technological complexity, the challenges and risks associated with integration of acquired product lines, companies and services, as well as a number of other risk factors that could affect the Company’s future performance. For further information about risks the Company and American Software could experience as well as other information, please refer to American Software, Inc’s. current Form 10-K and other reports and documents subsequently filed with the Securities and Exchange Commission. For more information, contact: Vincent C. Klinges, Chief Financial Officer, American Software, Inc., (404) 264-5477 or fax: (404) 237-8868.
Director of Pre-Sales Analytics and Marketing | Halo
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Originally published: https://halobev.com/blog/hancocks-selects-logilitys-halo-for-forecasting-and-demand-planning/