fbpx

Infor Announces $1.5 Billion Investment Ahead of Potential IPO

Infor, a global leader in business cloud software specialized by industry, today announced an agreement to receive a $1.5 billion investment from shareholders Koch Equity Development, LLC (KED) and Golden Gate Capital.

This investment builds on KED’s investment of more than $2 billion in early 2017, and it represents an important milestone as Infor considers a potential IPO in 2019 or 2020, subject to market conditions.

“Koch and Golden Gate Capital have been phenomenal partners for Infor, and all of our 17,300 employees are excited about this milestone as we prepare for the next stage of growth,” said Charles Phillips, CEO of Infor.

Under Phillips’ leadership, and over the course of Infor’s partnership with KED and Golden Gate Capital, Infor has invested approximately $2.5 billion in product design and development over the last five years and delivered more than 475 new products, 1,870 integrations, and 20,700 industry features in its CloudSuite product line. Infor CloudSuite is now the only fully multi-tenant ERP suite spanning front and back office applications, as well as logistics with global support (in terms of languages, currencies, and localizations).

“Koch was a customer of Infor before we became an investor in the Company, and Koch Industries’ companies continue to move their most mission critical applications to Infor CloudSuites,” said Jim Hannan, Koch Executive Vice President and CEO of Enterprises for Koch Industries, Inc. “Infor’s innovative products have helped lead our digital transformation as we continue to deploy them globally for 120,000 employees.”

With over $3 billion of revenue in fiscal year 2018, Infor became the first company to move mission critical ERP application suites to public clouds for entire industries. Infor’s CloudSuites are the foundation for digital transformation for more than 9,500 customers in 110 countries. Infor applications span financials, manufacturing, supply chain, human resources, and customer relationships.

Over the last five years, Infor has consistently gained market share in cloud applications, and 70% of its software license revenue is now derived from cloud applications.

Fundamental to Infor’s strategy is its ability to engineer each CloudSuite for a specific industry. Infor eliminates the need for expensive customizations and runaway consulting engagements. Customers routinely lower costs by 25% or more by retiring mods, eliminating big bang upgrades, and reducing infrastructure costs after moving to CloudSuite.

Infor has expanded its presence in key industries such as healthcare, manufacturing, retail, the public sector, and hospitality. Over 72% of all hospitals in the U.S. run Infor applications, as well as 19 of the top 20 automotive suppliers and 8 of the top 10 fashion brands.

“Companies see the value in shifting their enterprise applications to the cloud but can’t make that transition until critical industry features are replicated there. Infor built these previously bespoke features as standard cloud services and now has access to valuable data across business functions to build predictive analytics and insightful correlations on our Coleman AI platform,” said Phillips.

Infor CloudSuite is also future proofed for innovation. Infor applications run on public scale clouds and open source infrastructure not tied to a single data store and scale out at lower costs using commodity compute and storage on demand. Vertical integration is a legacy of on-premise computing, and modern applications leverage global, commodity infrastructure.

Leadership Quotes

“Infor has undergone a remarkable evolution over the years. We remain strong supporters of the Company’s strategy and leadership team as they pursue their next phase of growth and continue to enhance the operations of businesses across a range of sizes and industries,” said David Dominik, Managing Director of Golden Gate Capital, which made its first investment in Infor in 2002.

“Koch continues to be impressed with Infor’s hyper-scaled, versatile technology, both as an investor, and as a customer of their software solutions,” said Matt Flamini, KED’s President. “Our confidence in the Infor team comes not only from their financial performance, but from the real world results we’re seeing as we implement Infor solutions throughout Koch Industries.”

“Infor’s emphasis on innovation and commitment to delivering solutions to its customers underpins the success of CloudSuites, which offers an unparalleled combination of industry-specific functionality and scalability. We are extremely excited about the opportunity ahead as the Company continues to deliver transformative new products and features,” said Rishi Chandna, Managing Director of Golden Gate Capital.

“Infor has used its partnership with Koch as an opportunity to co-innovate across the wide range of industries in which we operate,” said Brett Watson, Senior Managing Director of KED. “This investment is the result of a shared vision to continue creating innovative solutions that help companies operate more efficiently and effectively.”

About Infor

Infor is a global leader in business cloud software specialized by industry. With 17,300 employees and over 68,000 customers in more than 170 countries, Infor software is designed for progress. To learn more, please visit www.infor.com.

Infor customers include:

  • 19 of the top 20 aerospace companies
  • 9 of the top 10 high tech companies
  • 18 of the 25 largest U.S. healthcare delivery networks
  • 18 of the 20 largest U.S. cities
  • 19 of the top 20 automotive suppliers
  • 17 of the top 20 industrial distributors
  • 15 of the top 20 global retailers
  • 4 of the top 5 brewers
  • 17 of the top 20 global banks
  • 9 of the 10 largest global hotel brands
  • 8 of the top 10 global luxury brands

About Koch Equity Development, LLC (KED)

With offices in Wichita and London, KED focuses its efforts on strategic acquisitions and industry agnostic principal investments. Significant principal investments completed include Getty Images, Global Medical Response, Meredith/Time Inc., Solera Holdings Inc., The ADT Corporation, and Transaction Network Services. Since 2012, KED has invested more than $10 billion of equity in principal investments.

Since 2003, Koch companies have invested nearly $100 billion in acquisitions and other capital expenditures. With a presence in 50 countries, Koch companies employ nearly 120,000 people worldwide, with about 65,000 of those in the United States. From January 2009 to present, Koch companies have earned more than 1,300 awards for safety, environmental excellence, community stewardship, innovation, and customer service.

About Golden Gate Capital

Golden Gate Capital is a San Francisco-based private equity investment firm with over $15 billion of capital under management. The principals of Golden Gate Capital have a long and successful history of investing across a wide range of industries and transaction types, including going-privates, corporate divestitures, and recapitalizations, as well as debt and public equity investments. Other notable software investments sponsored by Golden Gate Capital include BMC Software, Vector Solutions, Neustar, Inc., LiveVox, and 2020 Technologies. For more information, visit www.goldengatecap.com.

Koninklijke Zeelandia Groep chooses Infor CloudSuite Food & Beverage

Infor, a leading provider of industry-specific cloud applications, today announced that Koninklijke Zeelandia Groep, producer of ingredients for bread and pastries, has chosen Infor CloudSuite Food & Beverage for a standardization project at two of its divisions in order to save costs and increase efficiency. The Software-as-a-Service (SaaS) suite consists of Infor M3 as the enterprise resource planning (ERP) solution, extended with an advanced planning functionality, customer life cycle management and Birst for networked analytics. The Czech Republic and Slovakia are the first two countries where the implementation will start. It is expected that the solution will go live here in the summer of 2019 and serves as an example to encourage the transition in other countries.

Koninklijke Zeelandia Groep is an inventive Dutch family business with branches in 31 countries and over 3,200 employees. For over 100 years, the company has developed, produced and distributed bread and pastry ingredients. The range consists of over 2,500 items, which are delivered in over 100 countries.

Last year Zeelandia began an ERP selection for some of its companies. Due to the decentralized organization structure, increased complexity in the processes and IT infrastructure and a large number of custom-made solutions, the need arose for a more standardized approach. Zeelandia was looking for a partner with standardized solutions and found a good match in Infor.

Infor beat Microsoft, Oracle, SAP and IFS to the deal. The extensive food and beverage functionalities – such as for planning & scheduling, inventory management and traceability; the breadth of the global solution, Infor’s knowledge about and experience with the cloud and its innovative view on digital transformation with a view to future developments played an important role in Zeelandia’s choice.

Because Zeelandia is decentralized, all the countries are responsible for their own choice of software solutions. By concluding a group contract with Infor and establishing a modern, scalable platform, the company wants to make it easier for other Zeelandia branches to join and to support growth. In the Czech Republic and Slovakia, Infor M3 replaces the ERP solution Epicor iScala.

‘We’ve found an innovative software partner in Infor. This allows us to focus on achieving company value rather than focusing on the IT for our ERP solution, and we’re building a platform which allows us to be ready for future developments,” explains Örjan Leuvenink, Corporate Director ICT & Information at Koninklijke Zeelandia Groep. “Infor’s industry-specific solutions are perfectly in line with our goals. We explored and quantified them together with Infor, allowing us to obtain a clear business case, which helps us with our future expansion plans. We made a conscious decision to move to the cloud in order to increase flexibility, make it easier to extend this solution to other Zeelandia companies that want to do so and reduce the traditional IT management tasks. Infor CloudSuite Food & Beverage helps us to comply with the complex laws and regulations, and offers excellent traceability. If required, in just a few clicks we can see where a certain ingredient is processed, and if necessary, we can quickly take action. We’re also very positive about Infor’s commitment, the time they have invested and their knowledge. We’re very satisfied with how the project has started out.’

“Suppliers such as Zeelandia recognize the advantages of standardized processes, an implementation accelerator and industry-specific solutions that can facilitate a future-proof platform for flexibility and growth,” explains Kees van den Houten, Regional Director Benelux at Infor. “Our solution will be delivered in cooperation with Amazon Web Services (AWS) via a monthly subscription, and it offers the most cost-effective and proven cloud services on the market. We’re delighted that we can help such a great family company with Dutch roots to increase their success.”

About Infor

Infor builds business software for specific industries in the cloud. With 17,000 employees and over 68,000 customers in more than 170 countries, Infor software is designed for progress. To learn more, please visit www.infor.com.

Infor M3 Facilitates Growth for Dutch Cheesemaker

Infor, a leading provider of industry-specific cloud applications, announced today that Dutch cheesemaker, Rouveen Kaasspecialiteiten, is live on its new enterprise resource planning (ERP) solution, Infor M3, to support its plans for growth. In addition to extensive Food & Beverage industry functionalities, Infor M3 has a strong reputation in the market.

The dairy cooperative, Rouveen Kaasspecialiteiten, is made up of a group of 250 dairy farms with two production sites in Rouveen and Molenschot and has more than 200 employees. The milk from these dairies is used to make specialty cheeses. The majority of the farms are in Rouveen where most of the cheese is made, except for the Blue cheese and organic Roodschmier, which are made in Molenschot. The company has a rich dairy history and promotes innovation in its business. In this way, new cheeses are continuously being developed.

When the milk quotas ended in 2015, the amount of milk that the cooperative had to process increased sharply and the cheese producer grew by about forty percent. Due to the 31-year production restrictions being lifted, Rouveen Kaasspecialiteiten decided to investigate opportunities to respond commercially. The company doubled the number of milk products to 20 in total. This also created the need for a professional ERP system that could facilitate growth, provide insight into the entire supply chain, help to guarantee quality and support the company in preparing for the next phase of growth. The company also wanted software that it could trust to handle its complexity, provide reliable tracking and tracing, and also quickly provide reliable and consistent information. All of which is possible with the new system because there is a single source of information, and costly, error-prone manual work has been eliminated from the process.

The shortlist of Rouveen Kaasspecialiteiten initially consisted of four vendors, but after a detailed comparison, two of them quickly fell off the list. In the end, they chose between Oracle and Infor. Crucial to their decision were the specific Food & Beverage functionalities for fresh products, the knowledge and experience of Infor and implementation partner Alfa-Beta Solutions in the cheese market and the right price and quality.

Once Infor was chosen in March 2017, the on-premises implementation began after the summer of 2017. Following an implementation period of half a year, the solution went into effect in February 2018.

“We are very satisfied with the cooperation, and the choice we have made. Infor M3 is one of the best software solutions in the cheese market thanks to its industry-specific functionality. All the basic options that we need are therefore standard in the solution,” said Bert Gubler, financial director for Rouveen Kaasspecialiteiten. “Moreover, thanks to the knowledge and experience of Alfa-Beta Solutions and Infor with the cheese industry, we did not have to explain our processes. This has positively influenced the speed of implementation.”

He continued, “We knew that implementing an ERP system was unavoidable for us in realizing our growth plans, to guarantee our professionalism and quality and, where possible, to make improvements by facilitating the exchange of data. Changes, however, also evoke resistance because the daily way of working suddenly changes and an ERP implementation is also quite difficult in itself, especially since we had no experience with it. Some things can still be improved, but we are already very satisfied with how the process has gone. The focus is now on the optimum use of all capabilities. We have dedicated a year to that and then we will look at opportunities for expansion. We now have a solution which will help us to grow.”

“Infor M3 has a strong reputation in the Food & Beverage market, which has to contend with an increasing level of complexity, compliance and changing customer requirements,” says Kees van den Houten, regional director Benelux at Infor. “Companies such as Rouveen Kaasspeciliateiten embrace technology that is specifically tailored to the needs of their industry, because the time-honored one-size-fits-all approach no longer fits. In doing so, they opted for a reliable implementation partner such as Alfa-Beta Solutions, which has excellent expertise and years of experience with this type of implementation. Rouveen Kaasspecialiteiten can now rely on a modern solution that meets the most important challenges in the cheese and dairy industry. We are pleased to be part of the new growth phase of the company.”

About Infor

Infor builds business software for specific industries in the cloud. With 16,500 employees and over 68,000 customers in more than 170 countries, Infor software is designed for progress. To learn more, please visit www.infor.com.

Egypt’s Ibnsina Pharma Drives Agility with Infor

Infor, a leading provider of industry-specific cloud applications, today announced that Ibnsina Pharma (S.A.E.), one of Egypt’s largest distributors of pharmaceutical products, has invested in Infor EAMInfor d/EPMInfor M3Infor SCE (Warehouse Management System), and Infor OS to help unify and integrate its business processes across its developing operations.

Ibnsina Pharma, a major healthcare solutions provider in the region, has been growing steadily through supply chain services, importation, and distribution of health care products in the private and government sectors. Today, it has the second-biggest share of the Egyptian market in the industry and operates a chain of 55 wholesale pharmacy stores across the country.

Ibnsina Pharma chose Infor’s industry-specific solutions to help streamline its business operations across the organization; generate strong financial reports; achieve operational efficiency; integrate with other technologies in the supply chain and implement best practices for better control of processes. It ultimately plans to migrate the application to the cloud.

“In recent years, technology has revolutionized the healthcare industry, and by default the pharmaceuticals industry. Technology-enabled solutions such as trackers, biosensors, and wearables are the way of the future and the pharmaceutical industry will need to embrace digital transformation to support all new updates associated with the rising population and the emergence of new chronic diseases,” said Amro Khorshid, IT Director, Ibnsina Pharma.

“We were in the market for an industry-specific solution that would provide an end-to-end integrated solution to help enable operational efficiency and productivity across our operations. We chose Infor due to the strength and depth of the industry expertise amongst their consultants and the overall value proposition offered by the team.”

From a supply chain perspective, Ibnsina Pharma expects to produce more robust and consistent monthly sales forecasting and replenishment planning cycle with Infor’s warehouse management system. Additionally, Ibnsina Pharma will have greater visibility and speed of information sharing across all its supply chains, with greater collaboration between its customers and suppliers and allowing for better decision-making throughout the overall supply chain. Overall, Ibnsina Pharma expects to see an improvement in data processing for more effective results.

“Ibnsina Pharma is Infor’s first pharmaceutical customer in the Middle East. We are delighted to work with the team and enrich the experiences of its customers and employees,” said Jonathan Wood, general manager for India, Middle East and Africa, Infor.

Ibnsina Pharma expects to benefit from Infor d/EPM’s modern intelligent business and financial performance management capabilities which will help drive its overall business performance with more agility. With greater business insights from Infor d/EPM, Ibnsina Pharma will be able to make more informed decisions across its organization. Infor d/EPM will enable the company to modernize data processing and enrich decision-making with advanced analytics and planning capabilities, self-service dashboards, and social collaboration.

Infor’s operating service (Infor OS) platform helps provide integration between the company’s systems, delivering a unified user experience and organization-wide real-time insights, providing the information required to drive Ibnsina Pharma’s business. As component parts of Infor OS Infor ION and Infor Ming.le™, will also help Ibnsina Pharma maximize real-time visibility.

With Infor EAM, Ibnsina Pharma will have access to advanced capabilities for tracking, traceability, audit trails, calibration processes, document control, and secure electronic records and signatures to meet company compliance needs and improve the efficiency of its business processes.

About Infor

Infor builds business software for specific industries in the cloud. With 16,500 employees and over 68,000 customers in more than 170 countries, Infor software is designed for progress. To learn more about Infor, please visit www.infor.com.

Ibnsina Pharma

Ibnsina Pharma is Egypt’s fastest growing company in pharmaceutical distribution industry and related third party logistics, with more than 17 years’ experience. The company distributes a competitive portfolio of pharmaceutical products from over 350 Egyptian and multinational companies to more than 35,000 customers including pharmacies, hospitals, retail outlets, and wholesalers. It has developed a fast and efficient distribution model that produces high value for suppliers, customers and the company. http://www.ibnsina-pharma.com/

 

Intersnack Signs Multi-Million Euro Cloud Deal with Infor

Infor, a leading provider of industry-specific cloud applications, today announced that Intersnack, savory snack leader and owner of 20 well-known brands of snacks including McCoys, Hula Hoops and KP nuts, has selected Infor for a multi-million, 10 year cloud transformation.  The project will see Infor support almost every process across every Intersnack brand, throughout Europe, facilitating the market leader’s digital transformation strategy, and establishing a modern platform from which to pursue growth.  As part of the contract, the entire business is expected to be fully live on Infor CloudSuite Food & Beverage along with a further 18 Infor solutions when completed.

Replacing the group’s 17 disparate ERP systems, a significant number of which are currently run by SAP and Oracle, Infor will run almost every major business application within Intersnack spanning enterprise resource planning; human resources and talent management; financials; risk management; expense management; performance management; business intelligence; enterprise asset management; customer relationship management; procurement; and supply chain management.

Infor was selected following a tender, with the decision based on Infor’s Cloud leadership, ability to deliver solutions in a multi-tenant Cloud environment and committment to support Intersnack’s digital vision.  Strong credentials and deep functionality in food and beverage along with its innovative vision around digital transformation and Artificial Intelligence (AI) were also key to the selection.

With over 20 iconic brands and private label products across crisps, nuts, baked and unique specialty products like tortillas, the relationship with Infor forms part of Intersnack’s digitalization program which is designed to standardize and harmonize global processes across every aspect of its business.  As well as establishing a modern, scalable platform to expedite the integration of new Intersnack acquisitions, the Infor deployment is also expected to support the Group’s expansion.

“This landmark deal really reinforces our Cloud leadership in the enterprise applications market, and demonstrates our commitment to supporting digital transformation for companies through delivering finely tuned industry-specific capabilities, which are eminently scalable,” comments Stephan Scholl, President, Infor.  “Having been selected by Intersnack on the basis of being uniquely positioned to offer the entire application portfolio via the cloud, as well as great synergies between our companies, we are looking forward to expanding our relationship further.  With our digital transformation team at H&L Digital and AI capabilities via Infor Coleman, we are already in discussions about how to take this deployment to the next stage, providing Intersnack with a framework to drive innovation and carve out new markets.”

“As a market leader in the snack industry, we need to demonstrate best practice in order to support our goal of long term value creation, and technology has quickly become a crucial pillar in achieving this,” comments Maarten Leerdam, CEO, Intersnack.  “In selecting a partner to support our digital transformation journey, Infor was a clear winner.  As well as the breadth and depth of capability within its applications, and ability to deliver everything within our tender and more via the Cloud, its vision and leadership in areas such as digital transformation via H&L Digital, and Artificial Intelligence was hugely impressive.  We look forward to exploring new technologies further in our quest to innovate and establish a strong footing for our next generation of growth.

About Infor

Infor builds business software for specific industries in the cloud. With 16,000 employees and over 90,000 customers in more than 170 countries, Infor software is designed for progress. To learn more about Infor, please visit www.infor.com.

Vida Shoes International, Inc. Streamlines Supply Chain Operations with Infor

Infor, a leading provider of industry-specific cloud applications, today announced that Vida Shoes International, Inc., a global leader in the footwear industry, has selected a suite of Infor applications specialized for the retail industry to help simplify its supply chain network, achieve process improvement, and provide the organization with trusted, real-time data in a fully integrated business solution.

Specifically, Vida will deploy Infor CloudSuite Fashion, which offers access to industry specific analytics providing critical metrics and key performance indicators to end-users through a unique user interface that utilizes Infor ION®, a purpose-built middleware, and Infor Ming.le™, a social collaboration engine. These enhancements support global value chains by allowing users to view real-time data at any time and from any location. In addition, Infor Fashion PLM will deliver tools to bring products to market faster and finish in a few days what would otherwise take weeks or months, linking every step in the product development process, which will help reduce errors, costs, and time to market. Better collaboration tools will help Vida automate communications to save time, communicate more effectively across the supply chain, and connect more closely to partners, while supplier self-service functionality will provide the teams with up-to-date real-time information.

“We decided to partner with Infor because of its ability to provide footwear specific business software and applications that will help our company respond quickly to changing market demands and streamline communication across divisions,” said Arthur Levine, CFO, Vida.  “We have grown rapidly over the past five years, both organically and through new licenses and brand acquisitions. We needed to be sure that we were partnering with a company that could provide us with software and solutions to support similar future growth.  We needed a technology platform that would unify our operations and give us a single, trusted source of data from the supply chain through to the end user.”

Vida will also implement a suite of GT Nexus-powered supply chain solutions including Purchase Order Collaboration and Procure to Pay. These applications will deliver rapid payment approval and notice of discrepancies, with a clear picture of cash flows and expected payment dates to suppliers. Vida will have a single view of order data between their suppliers, and confirm or negotiate order terms across multiple orders and items simultaneously.

Corey Tollefson, General Manager and Senior Vice President of Infor Retail added, “We are excited to partner with Vida in the deployment of a next generation omni-channel supply chain solution.  Infor’s CloudSuite Fashion solution combined with the Infor GT Nexus Commerce Network provides Vida with a digital supply chain platform that will provide them the dependability, agility, and accuracy they need to be successful in the ultra-competitive fashion industry.  This suite not only allows Vida to manage its business within the four walls of its organization, but also gives them the visibility and capability to manage the supply chain across one of the world’s largest business networks, Infor’s GT Nexus Commerce Network, which includes over 55,000 companies globally.”

For more information, visit: https://www.infor.com/industries/retail/.

About Vida Shoes International Inc.

Since 1973, Vida Shoes International has been committed to becoming a global leader in the footwear industry. We are dedicated to designing, producing and marketing quality branded footwear using our expansive international resources. Our wealth of knowledge stems from the diversity of brands and successful products we have produced year after year. Our core competencies spread across children’s, women’s, and lifestyle comfort outdoor adventure brands.

About Infor

Infor builds business software for specific industries in the cloud. With 16,000 employees and over 90,000 customers in more than 170 countries, Infor software is designed for progress. To learn more about Infor, please visit www.infor.com.

Nutriset Overhauls its Information Systems with Infor M3

Infor, a leading provider of industry-specific cloud applications, today announced that Nutriset, a French agro-industrial company specialized in the research, development and production of nutritional solutions for the prevention and treatment of malnutrition, has decided to implement Infor M3 Food & Beverage as its new ERP solution.

Nutriset is recognized for its specialized nutritional solutions, such as F-75 and F-100 therapeutic milks or Plumpy’Nut®, the first ready-to-use therapeutic food, which are world-renowned and support millions of malnourished children through its partners operating in the field: UN agencies, international NGOs, governments, local associations and community health workers.

The implementation project of Infor M3 with Infor and its French partner LTTD Consulting responds to Nutriset’s development plan and will enable the company to manage its growth.

“The process of selecting our new ERP system has been well thought and analyzed as we wanted to adopt a more dynamic market-based solution as well foster our capacity to anticipate changes in our sector”, says Christophe Devillers, IT Manager at Nutriset. “The Infor solution proved to be the best suited to our requirements. Its specific food & beverage industry pre-settings, its flexibility, its functional richness and its cost made it very competitive. And moreover, our team has been impressed by its attractive and intuitive user interface.”
The Infor M3 Food & Beverage solution addresses the specific problems of the food and beverage sector, such as shelf life, the weight received and the variable attributes. Within Nutriset, it will support the production, supply chain, quality control and finance areas of the company, whose longer-term strategy also includes applications dedicated to equipment maintenance and customer relationship management (CRM).

“We are very pleased to support Nutriset in their strategic digitalization project on a very dynamic food and beverage sector,” says Laurent Jacquemain, VP Southern Europe at Infor. “Thanks to Infor M3’s capabilities in managing the traceability of the entire supply chain, Nutriset will be able to improve its operations and fulfill its crucial mission in the humanitarian sector even more effectively.”

About Nutriset and Nutriset Group
A member of the Nutriset Group, Nutriset, an independent family business, is 100% dedicated to research, production and the provision of nutritional solutions to treat and prevent malnutrition of the most vulnerable populations. More info: www.nutriset.fr.

Groupe Nutriset, based in Normandy (France), is the association of different partner companies whose objective is to provide access to quality food. Nutriset Group is spearheaded by two companies: Nutriset, world leader in the design, production and distribution of agri-food specialized to fight malnutrition, and Onyx Development, acting to support a sustainable agro-industry in the South. Their complementary expertise support Nutriset Group innovations in the sectors of nutrition, food and agro-food, from basic research to industrial production, as well as financial and societal engineering. More info: www.groupenutriset.fr

About Infor

Infor builds business software for specific industries in the cloud. With 16,000 employees and over 90,000 customers in more than 170 countries, Infor software is designed for progress. To learn more about Infor, please visit www.infor.com.

Plantagen Sows Seeds for Growth with Infor

Infor, a leading provider of industry-specific cloud applications, today announced that Nordics-based garden retailer, Plantagen, has selected Infor to support its digitalization strategy.  Comprising Infor CloudSuite™ Food & BeverageInfor PLM OptivaInfor Demand PlannerInfor Ming.le™ and Infor ION®, the solution is expected to deliver greater visibility, productivity and efficiencies across the whole supply chain for the retailer, and will go live for 1,000 users in 2018.

With 135 retail outlets across Sweden, Norway and Finland, and a wholesale business supporting 600 retail locations, Plantagen is expanding rapidly, and following a major acquisition, embarked upon a program to modernize its systems.  The retailer selected Infor based on its ability to provide a modern, easy-to-use platform for growth as well as scalability and flexibility.

With functionality spanning the entire supply chain, from manufacturing through to the shop floor, where employees use handhelds to input information on stock, transfers and returns, Plantagen anticipates that the solution will facilitate better planning, more precision across product lifecycle management, and reduced costs. Infor ION®will help ensure full integration with other non-Infor systems, while Infor Ming.le™ helps ensure that the user experience is seamless.

“As a business we recognize that digitalization is intrinsic to growth, and Infor is a key part of our strategy to become a digital leader,” comments Susanna Liljeqvist, CIO, Plantagen.  “In any retail environment, you live or die by the quality and consistency of the customer experience, and through delivering greater visibility and insights at every stage of the product lifecycle, we hope to enhance this and leverage our new capabilities to embrace a fully omni-channel business model.”

“Infor’s retail experience and cloud expertise means that we have both the scale to support our ambitious growth plans, together with the detailed insight to support the nuances of our industry sector, and in partnership, we are looking forward to the next chapter in our journey.”

“We recognize that the demands of a fashion or fresh produce retailer vary significantly from a plant and landscaping retailer, and it is this understanding which has enabled us to deliver solutions which support the specific needs and nuances of organizations in different retail environments,” comments Jason Berry, VP, EMEA – Retail, Infor.  “Plantagen has a complex retail and wholesale model, with plans to add an e-commerce dimension to provide a true omni-channel experience, so having a system which brings together all processes – from design and manufacturing to supply chain and the shop floor – is crucial in capitalizing on the opportunity and exploiting digitalization to garner market share.”

About Plantagen

Plantasjen is the Nordic region’s leading chain for sales of plants and gardening accessories with around 120 stores in Norway, Sweden and Finland and a primary focus on consumers. Sales amounted to NOK 3,624m and adjusted EBITA to NOK 293m in 2016

About Infor

Infor builds business software for specific industries in the cloud. With 16,000 employees and over 90,000 customers in more than 170 countries, Infor software is designed for progress. To learn more about Infor, please visit www.infor.com.

World’s Largest Salmon Producer Nets Business Benefits with Infor

Infor, a leading provider of beautiful business applications specialized by industry and built for the cloud, today announced that Marine Harvest, the world’s largest producer of farmed salmon, has invested in Infor CloudSuite Food & Beverage with its core of Infor M3 in the cloud. Following a pilot in Scotland, Infor CloudSuite Food & Beverage will be deployed globally to facilitate a common platform and standardized processes which will represent a foundation for the company’s digitalization strategy.  Consistent reporting and easier access to insights are also expected to drive enhanced productivity.

With some of its businesses already using Infor M3, Marine Harvest was keen to deploy the application globally, via a cloud model, in order to reduce complexity and establish a single platform to support future growth. Following the pilot in Scotland all other countries across the US, Canada, Asia and Europe are expected to be live by the end of 2018.  As a result of standardized and improved processes, the company anticipates a reduced number of transactions and enhanced global traceability.

“As we continue to see substantial growth in our business, it is paramount that we have a solid and stable foundation from which to pursue new opportunities and embrace digitalization,” comments Jørn I. Berg, Marine Harvest Group IT Applications Manager.  “Marine Harvest IT has adopted a ‘Cloud First’ strategy for all business support applications and infrastructure support products. Moving Infor M3 to the cloud is part of the overarching digital vision of Marine Harvest, with many digital initiatives generating business value in measurable ways. Several business-critical systems have already moved to the cloud and delivered impressive results, in terms of cost, licensing, labor, flexibility, and security. More importantly, when the information silos were removed, we were able to streamline and coordinate global operations and improve overall productivity and collaboration across our business.”

“Salmon farming faces huge levels of complexity, with incessant global demand, fluctuating process and environmental factors threatening supply,” comments Mike Edgett, Director of Industry Marketing, Process Manufacturing, Infor.  “Establishing the right platform which can flex, scale and ensure ultimate visibility across the entire organization to make decisions and protect margins, is imperative as we enter a new era of digitalization.  As the largest salmon producer in the world Marine Harvest is leading the change in this respect and with CloudSuite Food & Beverage at the helm, will be well placed to embrace the innovation necessary to ensure that its growth continues in the coming years.”

About Infor

Infor builds business software for specific industries in the cloud. With 16,000 employees and over 90,000 customers in more than 170 countries, Infor software is designed for progress. To learn more about Infor, please visit www.infor.com.

Samsung C&T America Boosts Agility

Infor Fashion and Infor Factory Track Provide Greater Flexibility and Control

Infor, a leading provider of beautiful business applications specialized by industry and built for the cloud, today announced that the Fashion Division of Samsung C&T America, Inc. (SCTA), located in New York’s Garment District, has selected Infor Fashion and Infor Factory Track to help streamline operations across its three departments of apparel, footwear and accessories.  Infor Fashion is comprised of a purpose-built, industry-specific suite of solutions designed to address the distinct challenges brand owners, distributors, manufacturers, and retailers face. Infor Fashion’s comprehensive capabilities include product design and development, sourcing, demand management, supply chain planning, production management, inventory management, and support for multichannel distribution.

“Our business continues to expand and grow, and we needed a technology partner and industry-specific solution that is powerful enough to manage our U.S. and U.K. operations today, while being nimble enough to adopt to what we will need in the future,” said Eung Beom Lee, Director, SCTA.  “Infor Fashion was the right fit for a global company like SCTA because not only does the team truly understand our industry and our company-specific goals, but the underlining technology is exactly what we need to support multi-site locations more efficiently as we evolve.”

SCTA has also decided to implement Infor Factory Track, a solution that provides end-to-end warehouse automation, along with warehouse mobility, traceability, and tools for tracking labor and time. Using Factory Track, SCTA is able to help streamline production and improve inventory operations as well as increase visibility and insight to understand true costs, improve cycle times, and respond to customer expectations for on-time delivery. In addition, Infor SupplyWEB, a web-enabled Supply Chain Management (SCM) solution, will help SCTA reduce supply chain and inventory costs while increasing operational efficiency and transparency across the organization.

“The fashion industry, while glamourous, is not always easy. It’s highly competitive, with global supply chain challenges presenting themselves at each turn. It is more important than ever to have industry-specific IT solutions with the flexibility to meet fluctuating consumer demand, in order to stay profitable and reduce time to market,” said Stephan Scholl, president, Infor. “Infor’s fashion and retail solutions designed specifically for the ever-changing demands of the fashion industry, so organizations can move as quickly as the market does.”

For more information visit https://www.infor.com/industries/fashion/.

About Samsung C&T America, Inc.

Samsung C&T America, Inc. (SCTA), is a global trading and investment company that functions as an independent American subsidiary of Samsung C&T Corporation, a Samsung affiliate based in Korea.

In addition, SCTA’s Fashion Division markets and distributes a wide array of textile, apparel and footwear products. SCTA’s infrastructure platform provides financing to purchase inventory, logistics and invoicing & AR collection for growing brands, helping fashion entrepreneurs to free up cash to pursue business strategies while maintaining total control of their business.

For more information visit http://www.samsungfashioninfra.com/.

About Infor

Infor builds business software for specific industries in the cloud. With 16,000 employees and over 90,000 customers in more than 170 countries, Infor software is designed for progress. To learn more about Infor, please visit www.infor.com.