Pinnacle Foods Inc. Selects Eka Software for Commodity Planning and Procurement
Eka Software Solutions, the leading global provider of Smart Commodity Management software solutions, today announced that Pinnacle Foods Inc. has selected Eka to provide commodity planning, decision support and analytics across all businesses.
Pinnacle Foods is a Top 1000 Company as ranked by Fortune Magazine. Pinnacle’s brands hold the #1 or #2 market position in 10 of the 13 major categories in which they compete. Its iconic brands include Duncan Hines® baking mixes and frostings, Vlasic® shelf-stable pickles, Wish-Bone® and Western® salad dressings, Mrs. Butterworth’s® and Log Cabin® table syrups, Armour® canned meats, Open Pit® barbecue sauces, Birds Eye®, Mrs. Paul’s® frozen prepared seafood, Hungry-Man® frozen dinners and entrées, Aunt Jemima® frozen breakfasts, Lender’s® frozen and refrigerated bagels, and Celeste® frozen pizza.
Eka’s commodity planning and procurement platform captures, analyzes and manages demand, budgets, forecasts, coverage, procurement and hedging while providing real-time scenario and intelligence capabilities to optimize decision making. It provides greater control over procurement of commodities, energy and packaging. Advanced analytics and decision support tools are used for improved management of risks and exposures. In addition, Eka’s commodity planning and procurement platform integrates with existing ERP systems to avoid duplication of entries and reflects the true bottom line impact due to movements and processing activities.
Rick Nelson, President and COO of Eka commented, “It is exciting to see the positive response we are getting from companies such as Pinnacle as we demonstrate our next generation of Commodity Management software. With predictive, user-controlled analytics, Eka’s Smart Commodity Management software gives our customers better business intelligence. The solution turns extremely large data-sets into real-time, meaningful and actionable decision-making insights.”
About Eka Software Solutions
Eka is the global leader in providing Smart Commodity Management software solutions. Eka’s analytics-driven, end-to-end Commodity Management platform enables companies to efficiently and profitably meet the challenges of complex and volatile markets.
The company’s best-of-breed solutions manage commodity trading, enterprise risk, compliance, procurement, supply chain, operations, logistics, bulk handling, processing, and decision support. Eka partners with customers to accelerate growth, increase profitability, improve operational control, and manage risks and exposures.
Eka is a team of 315 staff with offices in the Americas, Asia, Australia, and EMEA, serving a rapidly growing global client base across multiple commodity segments.