We use cookies to provide you with a better experience. If you continue to use this site, we'll assume you're happy with this. Alternatively, click here to find out how to manage these cookies

hide cookie message
RSS FeedFinancial Planning

SABMiller gets global procurement systems on tap


Brewer nears end of programme

Article comments

Brewing giant SABMiller has established global procurement and supply chain systems, a key stage in its ongoing business transformation programme.

The company, which makes brands including Miller, Pilsner and Grolsch, said it had also implemented finance systems in a number of countries.

All of the systems are modules of SAP enterprise resource planning software, on which there is an Infor supply chain management application.

As the company announced revenue for the year to 31 March was up seven percent at $28.3 billion (£17.5 billion), it gave an update on the programme.

Operational savings were over $60 million (£37 million) as a result of the programme, it said, though some $296 million (£182 million) was spent in the period designing, building and implementing the software. During the year, some of SABMiller’s largest system implementations were in Peru, Colombia and South Africa.

The company had also set a working capital, or liquidity, target of $350 million for the end of the programme next year, but said it had hit $450 million (£277 million), “helped by the implementation of customer management systems, supply chain programmes and improved management of payables”.

The brewer has already addressed raw and packaging materials under the procurement element of the programme, and indirect spending - such as transport, marketing materials and capital equipment – will be included in the final stages next year.

SABMiller has said the business transformation programme will deliver simplified processes, reduced costs and stronger data sharing.

It has an infrastructure services deal with HP, under which it is consolidating and virtualising servers onto the supplier’s blades. The servers will be standardised on Microsoft Exchange 2010.

Share:

Recommended Articles

Comments

SABMiller gets global procurement systems on tap
Financial Planning

Could CFOs do more to boost shareholder value?

Could CFOs do more to boost shareholder value?

Working capital improvements start to pay off, but more could be donemore ..


Amazon slashes Fire Phone price ahead of iPhone 6 launch

Amazon today slashed the price of its three-month-old Fire Phone to 99 cents, an obvious bid to boost slow sales.more ..

Betfair mobile revenues spike during 'record' quarter

App use grows by 162 percent during World Cup periodmore ..

Samsung acquires cloud printing company PrinterOn

The acquisition aims to boost Samsung's business-to-business mobile offeringsmore ..

Can finance rise to the challenge of major transformation?

Outdated finance processes, systems and competencies leave too many questions unansweredmore ..

Budget: What business wants

CFOs are keen for the chancellor to avoid any uncertaintymore ..

Send to a friend

Email this article to a friend or colleague:


PLEASE NOTE: Your name is used only to let the recipient know who sent the story, and in case of transmission error. Both your name and the recipient's name and address will not be used for any other purpose.



In Depth
Can finance rise to the challenge of major transformation?

Can finance rise to the challenge of major transformation?

Outdated finance processes, systems and competencies leave too many questions unanswered more ..

In Depth
Interim CFO or consultant? The pros and cons

Interim CFO or consultant? The pros and cons

Ed Harding offers an insight into the life of an interim CFO and the advantages in driving transformation more ..

Advertisement

* *