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J.D. Edwards Readies New Consumer Packaged Goods Solution for Market

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J.D. EDWARDS READIES NEW CONSUMER PACKAGED GOODS SOLUTION SubmittedFOR MARKET by: Golin Thursday, 14 June 2001 Sara Lee’s European Meats Division and LVMH Fashion Group – Moët Hennesy Louis Vuitton, Co-Develop Solution to Meet Critical Market Needs J.D. Edwards & Company, a leading provider of agile, collaborative solutions for the Internet economy, today announced the co-development of an enhanced OneWorld® consumer packaged goods (CPG) solution with Accenture, the world's leading provider of management and technology consulting services and solutions. Customer co-development participants and advisors included Sara Lee Corporation’s European meats division and the LVMH Fashion Group – a division of Moët Hennesy Louis Vuitton, the world’s leading luxury products group. J.D. Edwards and Accenture leveraged the expertise of these industry leaders to help create the enhanced solution, which delivers targeted CPG functionality while building on J.D. Edwards’ best-of-breed supply chain capabilities. “As co-development partners and beta customers, Sara Lee’s European meats division and LVMH Fashion Group ensure that our consumer goods solution is the best in the industry – solidifying our CPG foothold,” said Les Wyatt, chief marketing officer and senior vice president, J.D. Edwards. “Teaming with these industry leaders allows J.D. Edwards to create a fully collaborative, end-to-end solution that enables companies in the consumer packaged goods industry to streamline their businesses through e-business, customer relationship management, and supply chain planning and execution.” Customers using J.D. Edwards’ enhanced consumer goods solution will benefit from the following features: enhanced price management, buying structures, profitability management, enhanced lot control, dual units of measure, product variants, enhanced cross-docking, and enhanced order to cash. J.D. Edwards anticipates general availability of the enhanced consumer packaged goods solution with the next release of OneWorld®. “In this economic downturn, it is essential that the consumer goods industry track its business activities from moment to moment,” said the chief information officer at LVMH Fashion Group. “We believe this J.D. Edwards solution, with these new enhancements for our industry, will give us the enterprise-wide visibility to maximise the cost-effectiveness and overall profitability of our organisation.” About Sara Lee Sara Lee Corporation, (www.saralee.com), is a global branded consumer packaged goods company with approximately $17.5 billion in annual revenues. As the world's largest packaged meats company, Sara Lee markets leading brands in the United States, Mexico and Europe. Sara Lee’s leading meat brands include Aoste, Ball Park, Bryan, Hillshire Farm, Jimmy Dean, Kahn's and Sara Lee. About LVMH Page 1 LVMH Moet Hennessy Louis Vuitton (www.lvmh.com) is the world's leading luxury products group. The Group is represented in Wines and Spirits by a portfolio of brands that includes Moet & Chandon, Dom Perignon, Veuve Clicquot Ponsardin, Krug, Pommery, Chateau d'Yquem, Chandon, Hennessy and Hine. Its Fashion and Leather Goods division includes Louis Vuitton, the world's leading luxury brand, as well as Celine, Loewe, Kenzo, Givenchy, Christian Lacroix, Thomas Pink, Fendi and Pucci. In addition, LVMH recently acquired Gabrielle Studio which owns the legendary Donna Karan brand name. LVMH is present in the Fragrances and Cosmetics sector with Parfums Christian Dior, Guerlain, Givenchy and Kenzo, and has recently acquired six promising cosmetic companies, Bliss, Hard Candy, BeneFit Cosmetics, Urban Decay, Make Up For Ever and Fresh. LVMH is active in selective retailing through DFS, Miami Cruiseline, Sephora, Le Bon Marche, La Samaritaine and eLUXURY, the authoritative online source for luxury goods on the Internet. LVMH's Watch and Jewellery division comprises TAG Heuer, Ebel, Chaumet, Zenith, Fred, as well as Omas, the prestigious Italian writing instruments company. Phillips, one of the world's largest auction houses, which has recently teamed up with L'Etude Tajan and Geneva art dealer de Pury & Luxembourg Art, also belongs to the LVMH group. Connaissance des Arts and Art & Auction Magazine, two specialised publications, also recently joined the Group. LVMH shares (LVMH.PA) are listed on the Paris Stock Exchange and NASDAQ in the United States (LVMHY). About Accenture Accenture is the world's leading provider of management and technology consulting services and solutions, with more than 70,000 people in 46 countries delivering a wide range of specialised capabilities and solutions to clients across all industries. Accenture operates globally with one common brand and business model designed to enable the company to serve its clients on a consistent basis around the world. Under its strategy, Accenture is building a network of businesses to meet the full range of any organisation’s needs -- consulting, technology, outsourcing, alliances and venture capital. The company generated revenues of $9.75 billion for the fiscal year ended August 31, 2000 and $5.71 billion for the six months ended February 28, 2001. (www.accenture.com) About J.D. Edwards J.D. Edwards is a leading provider of agile, collaborative solutions for the Internet economy. The Company's open solutions give organisations the freedom to choose how they assemble their internal applications and how they collaborate with partners and customers across the supply chain to increase competitive advantage. Founded in 1977, J.D. Edwards is headquartered in Denver. Additional information can be obtained by contacting the Company via the Internet at http://www.jdedwards.com or at 0118 9091808. J.D. Edwards is a registered trademark of J.D. Edwards & Company. The names of all other products and services of J.D. Edwards used herein are trademarks or registered trademarks of J.D. Edwards World Source Company. Page 2 Contact: Trevor Salomon J.D. Edwards t: +44 (0)118 909 1700 e: [email protected] Vicki Entwistle/Nishma Shah The Weber Group Europe t: +44 (0)20 7240 6189 e: [email protected] Page 3 Distributed via Press Release Wire (https://pressreleases.responsesource.com/) on behalf of Golin Copyright © 1999-2021 ResponseSource, The Johnson Building, 79 Hatton Garden, London, EC1N 8AW, UK e: [email protected] t: 020 3426 4051 f: 0345 370 7776 w: https://www.responsesource.com.
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