Ottawa, Canada,June 18, 2003 - Webplan Corporation, a provider of Corporate Performance Management (CPM) enabling software, today announced Coty Inc., a global manufacturer and marketer of personal fragrances, cosmetics, and skin treatments, will implement Webplan®7 to improve overall enterprise performance.
Coty operates in more than 25 countries; the Webplan solution will service sites in New York City and Sanford North Carolina. The Webplan analytics solution will enable Coty to use up inventory of specified high cost items prior to implementing any changes to product configuration, resulting in a more streamlined business. Webplan enables Coty to bring together an end-to-end CPM solution by connecting with their existing Oracle ERP system and with Manugistics' supply chain forecasting solution. Future phases of the implementation will include an interface to RedPrairie Warehouse Management System (WMS) for detailed real-time inventory updates. By integrating real-time data from across existing enterprise systems, the Webplan CPM solution will provide unprecedented visibility and analysis of information from across their manufacturing operation.
"The real time information analytics and the simulation capabilities of the Webplan CPM solution empowers everyone in the organization to make better decisions," said Robert Reinckens, Vice President and Chief Information Officer-Americas, Coty Inc. "This capability is now a requirement in the dynamic and competitive consumer packaged goods (CPG) market."
Webplan will significantly improve Coty's real-time visibility of inventory, enabling them to better predict their need to purchase parts and avoid over producing certain end items.
"Webplan is pleased to have been chosen by a leader in the fragrance and cosmetics space such as Coty," said Douglas Colbeth, President and Chief Executive Officer, Webplan. "This implementation is just one example of how Webplan can help vendors in the CPG space analyze and compare real-time analytics from their mission-critical applications in a matter of seconds, and compare multiple future scenarios to make proactive business decisions much faster."