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Managing StarKist’s supply chain was becoming increasingly challenging. The demand planning function ran its process with one set of spreadsheets, while the financial planning and analysis team used another set, with both trying to keep track of inventories and orders for 100 key accounts and 200 product SKUs. In response, StarKist used the Board Intelligent Planning Platform to effectively unite production and demand planning processes with finance, through a single system and source of truth. The transformation enabled the organization to remove reliance on spreadsheets, increase efficiency, and improve reaction time to volatile market conditions by reducing the planning cycle from 16 hours to less than one.
StarKist is an established food company in the United States focused on providing healthy, sustainable, shelf-stable seafood and chicken products. It has three production facilities in American Samoa, Ecuador, and Senegal, and five major distribution centers in the US, in partnership with CJ Logistics. Considered an industry innovator, StarKist was the first brand to introduce single-serve pouch products, which include Tuna Creations®, Salmon Creations®, and Chicken Creations®.
Before StarKist began its transformation journey, all demand and production planning was entered and managed with manual spreadsheets. Aggregating and allocating units was error-prone and cumbersome, and numbers weren’t available anywhere close to real-time between the supply planning and demand planning functions.
Other challenges included:
StarKist selected Board to deliver an intelligent supply chain planning solution that would seamlessly link supply planning and demand planning with finance. According to Ted Wong, Senior Manager of Demand Planning and Financial Analysis at StarKist, one of the key reasons for choosing Board was that “it is configurable beyond measure and ultra-customizable to one’s business needs.”
Key requirements of the transformational project included:
StarKist praised Board’s Professional Services team for delivering the initial solution in only six months; “they did a great job,” commented Ted.
The Board-based supply and demand planning solution has empowered StarKist to:
As a result of the benefits achieved to date, StarKist has further Board enhancements in mind. Next steps include the introduction of predictive analytics, additional financial metrics, and a promotional evaluation module.