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B&G Foods, Inc. Oracle JD Edwards: Establishing the Foundation for Growth & Unlocking Business Value Chris October 22, 2018.

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Presentation on theme: "B&G Foods, Inc. Oracle JD Edwards: Establishing the Foundation for Growth & Unlocking Business Value Chris October 22, 2018."— Presentation transcript:

1 B&G Foods, Inc. Oracle JD Edwards: Establishing the Foundation for Growth & Unlocking Business Value
Chris October 22, 2018

2 Speakers B&G Foods Deloitte Nitin Narkhede Chris Colla Senior Manager
Deloitte Consulting LLP Chris Colla CIO and Vice President, IT B&G Foods, Inc. Respected Technology & Process Management Executive with 25 years leading Organizational Change and Operational Excellence through Innovative Technology Solutions. Leader in business transformation using Oracle technologies. Cross-industry specialist in consumer products, manufacturing, retail, real estate, and construction. Bill/Chris: Budget is Green

3 $ 10 1.7bn 1.7bn + BGS 17 NYSE: revenue Plants 2,000+ employees
B&G Foods Overview B&G Foods manufactures and sells a diverse portfolio of food and household products across the United States, Canada, and Mexico 10 revenue $ 1.7bn + Plants 1.7bn BGS NYSE: Headquarters: Parsippany, NJ third-party logistics locations & warehouses 17 2,000+ employees 50+ household brands

4 Business-Driven Project Vision
Our vision: To modernize B&G Foods’ enterprise architecture in alignment with business strategy, facilitating flexibility and scalability, rapid brand integration, and a lean support environment. Simplicity & standardization Leverage preconfigured solution and balance complexity against cost Exceptional delivery Deliver business value in progressive increments. Tightly manage project to deliver on deadline Partnership & ownership Build business and IT trust through collaboration, adaptability and delivery excellence. Establish clear ownership and accountability Proactive communication Consistently engage and inform program stakeholders Performance culture Create a team environment that fosters diverse viewpoints and excels under all conditions

5 Preconfigured Solution and Tailored Approach
The project was laser-focused on B&G Foods’ business priorities. Design for end-state, leverage a preconfigured solution, and release incremental functionality using a three-solution approach… Solution Approach Functional Scope Delivery Oracle JD Edwards Wave 1 Onboarding recently acquired facility onto JDE Focus on timely exit of TSA Pilot of functionality for Wave 2 Order Management Procurement Planning Manufacturing Inventory Control Demand Planning 3rd Party Apps General Ledger Accounts Payable Accounts Receivable Fixed Assets Product Costing Manufacturing Costing Master Data Management Wave 2 Lay the foundation for growth Early start on long lead-time items (e.g., master data & EDIs) Big-bang go-live Develop M&A checklist for faster integrations Oracle JDE & EPM software selection based on business requirements Deloitte’s preconfigured solution based on industry leading practices Design foundation for end state in Wave 1, release functionality in waves Oracle Enterprise Performance Management Budgeting & Planning Profitability Management …tailored to individual plant capabilities – all enabling rapid onboarding of new acquisitions.

6 Rapid Growth, System Complications
B&G Foods’ dynamic growth and rapid business acquisitions posed a challenge to its legacy systems. The company needed an integrated, scalable platform to support its current and future growth. EDI Logistics Planning Advanced Warehouse Management Wave Planning, VoCollect, Pick to Light, AGVs Other 3rd party apps JD Edwards Advanced Warehouse Management Reporting Budgeting & Profitability Management

7 Key Challenges and Solutions
Complex Architecture Significant Change Ambiguity Tight Deadline Challenges Complex application architecture, EDI, & system integrations A steep change curve across the company for people, process & technology Ambiguity & a constantly changing environment Wave 1: only seven months to exit TSA Rigorous Technology Solutions Comprehensive Change Management Clear Guideposts & Process Management Active Risk & Project Management Add-on opportunities list before next steps slide due to extension Standard functionality Testing, testing, testing... 3rd-party apps integrations Infrastructure readiness Design for end-state, release incrementally Plant based models Early engagement Change agent network Clear and consistent communication Tailored training materials & delivery Issue resolution & governance structure Focus on value-driven improvements Escalation governance Business engagement Risk tracking & mitigation Timely issue management Rigorous project management Cutover planning & mock cutover cycles Tailored 3-solution approach

8 Results Achieved 1 Successful implementation of preconfigured solution based on leading industry practices 2 Established strong foundation for business transformation 3 Strategic selection of Oracle JD Edwards and Enterprise Performance Management platform for future growth 4 Rapid, effective Wave 1 implementation, enabling on-target exit of TSA in 7 months Add-on opportunities list before next steps slide due to extension Developed and honed faster merger & acquisition playbook 5

9 Q&A Add-on opportunities list before next steps slide due to extension


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