Finalist: 2024 Best Run Data and Analytics

Fonterra: Transforming Business Processes for Financial Forecasting by implementing SAP Analytics Cloud (SAC) Forecasting. Download the Document

SAP Australia and New ZealandBest Run Awards 2024
Best Run SAPIndustry WebsiteProduct and Services Featured SAP SolutionsDairyManufacturerFMCGwww.fonterra.comMilk, Cheese, Butter, Yoghurt,Milk PowderSAP Analytics CloudFonterra Oceania (comprised of Fonterra Brands New Zealand (FBNZ) and Fonterra Australia) is primarily a consumer brands business unit ofFonterra Co-operative Group Limited. Fonterra is a global dairy products powerhouse and leader in dairy science and innovation. Thebusiness itself is headquartered in New Zealand, with offices in more than 40 countries, and a vast workforce supporting its daily operations.Fonterra Oceania manages a significant portfolio of market leading FMCG brands in Asia Pacific, such as Anchor, Mainland, Perfect Italiano,and others. Fonterra Oceania also has significant Foodservice and Ingredients businesses, which it services through 12 manufacturing sitesacross Australia and New Zealand.SAP Analytics Cloud (SAC) Forecasting was implemented for FBNZ in August 2023 and Fonterra Australia in April 2024 as part of the roll outof a Global Financial reporting planning and analysis solution that provided a collaborative, agile, and automated solution. At the back ofimplementing SAP IBP for demand planning and financial forecasting to standard gross margin, SAC enabled a unified solution for planning toEBIT level for the business with capability to roll it out to multiple business units globally.Transforming Our Business Processes forFinancial Forecasting with SACFonterra OceaniaData & Analytics