Board Case Studies Intelligent Supply and Demand Planning at StarKist: A Case Study

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	Intelligent Supply and Demand Planning at StarKist: A Case Study Board

Intelligent Supply and Demand Planning at StarKist: A Case Study

Board

Technology Category	Analytics & Modeling - Predictive Analytics Platform as a Service (PaaS) - Application Development Platforms
Applicable Industries	Consumer Goods Finance & Insurance
Applicable Functions	Logistics & Transportation
Use Cases	Demand Planning & Forecasting Supply Chain Visibility
Services	System Integration
Challenge	StarKist, a leading food company in the United States, was facing significant challenges in managing its supply chain. The demand planning function and the financial planning and analysis team were using separate sets of spreadsheets to track inventories and orders for 100 key accounts and 200 product SKUs. This disjointed approach was not only inefficient but also prone to errors, especially when dealing with new SKUs, discontinued SKUs, and customer allocations. The supply chain's reliance on an SAP ERP for production planning resulted in a massive amount of data accumulating in a complex spreadsheet that was becoming increasingly difficult to maintain. Furthermore, the lack of real-time data between the supply planning and demand planning functions made it impossible to conduct in-depth analysis of SKU traffic or to quickly respond to volatile market conditions. Read More
About Customer	StarKist is a well-established food company in the United States, known for its healthy, sustainable, shelf-stable seafood and chicken products. Founded in 1917, the company has three production facilities in American Samoa, Ecuador, and Senegal, and five major distribution centers in the US, in partnership with CJ Logistics. StarKist is considered an industry innovator, being the first brand to introduce single-serve pouch products, including Tuna Creations®, Salmon Creations®, and Chicken Creations®. The company generates an annual revenue of $210 million. Read More
Solution	To address these challenges, StarKist implemented the Board Intelligent Planning Platform. This cloud-based solution replaced the spreadsheet-based planning system, automating the aggregation and allocation of units and eliminating the need for manual data entry. The platform also allowed the supply chain operations to access the same data as demand planning, creating a single source of truth across the two functions. Additionally, the platform enabled the creation of reports, scorecards, and KPIs that included all financial variables, and provided detailed analysis of the pros and cons of new SKUs and what happened with discontinued SKUs. The implementation of the Board solution was completed in just six months, thanks to the efforts of Board’s Professional Services team. Read More Log in to view content
Contents

Technology Category

Analytics & Modeling - Predictive Analytics

Platform as a Service (PaaS) - Application Development Platforms

Applicable Industries

Consumer Goods

Finance & Insurance

Applicable Functions

Logistics & Transportation

Use Cases

Demand Planning & Forecasting

Supply Chain Visibility

Services

System Integration

Challenge

StarKist, a leading food company in the United States, was facing significant challenges in managing its supply chain. The demand planning function and the financial planning and analysis team were using separate sets of spreadsheets to track inventories and orders for 100 key accounts and 200 product SKUs. This disjointed approach was not only inefficient but also prone to errors, especially when dealing with new SKUs, discontinued SKUs, and customer allocations. The supply chain's reliance on an SAP ERP for production planning resulted in a massive amount of data accumulating in a complex spreadsheet that was becoming increasingly difficult to maintain. Furthermore, the lack of real-time data between the supply planning and demand planning functions made it impossible to conduct in-depth analysis of SKU traffic or to quickly respond to volatile market conditions.

About Customer

StarKist is a well-established food company in the United States, known for its healthy, sustainable, shelf-stable seafood and chicken products. Founded in 1917, the company has three production facilities in American Samoa, Ecuador, and Senegal, and five major distribution centers in the US, in partnership with CJ Logistics. StarKist is considered an industry innovator, being the first brand to introduce single-serve pouch products, including Tuna Creations®, Salmon Creations®, and Chicken Creations®. The company generates an annual revenue of $210 million.

Solution

To address these challenges, StarKist implemented the Board Intelligent Planning Platform. This cloud-based solution replaced the spreadsheet-based planning system, automating the aggregation and allocation of units and eliminating the need for manual data entry. The platform also allowed the supply chain operations to access the same data as demand planning, creating a single source of truth across the two functions. Additionally, the platform enabled the creation of reports, scorecards, and KPIs that included all financial variables, and provided detailed analysis of the pros and cons of new SKUs and what happened with discontinued SKUs. The implementation of the Board solution was completed in just six months, thanks to the efforts of Board’s Professional Services team.

Impact #1	The implementation of the Board Intelligent Planning Platform has brought about significant operational improvements for StarKist. The company can now plan for and respond to disruptions faster, thanks to the reduced planning time. The move from Excel spreadsheets to a shared Board solution has increased transparency and collaboration by streamlining data flows and creating a single, consolidated view of StarKist’s data. The automation of aggregations and forecasting processes in a secure, cloud-based platform has boosted the efficiency and security of operations. The solution also integrates seamlessly with the broader supply chain planning process. Furthermore, the consistent forecast accuracy reports enable project variables to be used to effectively define benchmarks and goals. The flexibility and scalability of Board, combined with its no-code nature, has empowered StarKist’s internal stakeholders to become experts in utilizing data and customize the reports and dashboards to suit evolving requirements.

Impact #1

The implementation of the Board Intelligent Planning Platform has brought about significant operational improvements for StarKist. The company can now plan for and respond to disruptions faster, thanks to the reduced planning time. The move from Excel spreadsheets to a shared Board solution has increased transparency and collaboration by streamlining data flows and creating a single, consolidated view of StarKist’s data. The automation of aggregations and forecasting processes in a secure, cloud-based platform has boosted the efficiency and security of operations. The solution also integrates seamlessly with the broader supply chain planning process. Furthermore, the consistent forecast accuracy reports enable project variables to be used to effectively define benchmarks and goals. The flexibility and scalability of Board, combined with its no-code nature, has empowered StarKist’s internal stakeholders to become experts in utilizing data and customize the reports and dashboards to suit evolving requirements.

Benefit #1	Planning time was reduced from 16 hours to less than one, a reduction of over 94%.
Benefit #2	The implementation of the Board solution was completed in just six months.

Benefit #1

Planning time was reduced from 16 hours to less than one, a reduction of over 94%.

Benefit #2

The implementation of the Board solution was completed in just six months.

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Overview

Intelligent Supply and Demand Planning at StarKist: A Case Study

Operational Impact

Quantitative Benefit