March 05, 2018
The Hershey Company Selects Accenture to Support Growth Plans and Accelerate Speed of Innovation
Accenture to implement SAP S/4HANA® to support Hershey’s customer-focused ambitions
NEW YORK; March 5, 2018 – Accenture (NYSE: ACN) has been selected by The Hershey Company (NYSE: HSY) to implement SAP S/4HANA® as part of a program designed to help the snacks company streamline manufacturing and supply chain processes, gain real-time customer insights to inform decision making, and accelerate revenue-generating innovation to drive growth.
The project is part of The Hershey Company’s strategy of growing core confectionery and snacking products, expanding margins and leveraging technology for competitive advantage.
“Our collaboration with Accenture will enable us to increase competitive advantage and support our growth ambition through greater collaboration and innovation, as well as service delivery built around the needs of our customers,” said Terry O’Day, chief product supply and technology officer for The Hershey Company. “We selected Accenture for its understanding of our industry, technology credentials and proven track record in delivering enterprise transformation at scale.”
Richard Simon, a managing director in Accenture’s Consumer Goods & Services practice, said, “Implementing SAP® S/4HANA as part of this transformation initiative is a further demonstration of Hershey’s commitment to become a truly modern enterprise that puts the consumer first. We are focused on helping Hershey bring innovation to market, maximize its business performance and operate even more efficiently.”
Keith Barringer, who leads Accenture’s Consumer Goods & Services practice in North America, said, “Accenture has always been at the forefront of helping consumer packaged goods companies accelerate their adoption of new ways of working and new operating models. This opportunity enables us to bring our vast experience to Hershey as it navigates its journey to a more agile organization.”
About The Hershey Company
The Hershey Company, headquartered in Hershey, Pa., is an industry-leading snacks company known for bringing goodness to the world through its iconic brands, remarkable people and enduring commitment to help children in need. Hershey has approximately 18,000 employees around the world who work every day to deliver delicious, quality products. The company has more than 80 brands around the world that drive more than $7.4 billion in annual revenues, including such iconic brand names as Hershey’s, Reese’s, Kit Kat, Jolly Rancher and Ice Breakers and SkinnyPop.
For more than 120 years, Hershey has been committed to operating fairly, ethically and sustainably. Hershey founder, Milton Hershey, created the Milton Hershey School in 1909 and since then the company has focused on giving underserved children the skills and support they need to be successful. Today, the company continues this social purpose through ’Nourishing Minds,’ a global initiative that provides basic nutrition to help children learn and grow. Visit us www.thehersheycompany.com
Accenture is a leading global professional services company, providing a broad range of services and solutions in strategy, consulting, digital, technology and operations. Combining unmatched experience and specialized skills across more than 40 industries and all business functions – underpinned by the world’s largest delivery network – Accenture works at the intersection of business and technology to help clients improve their performance and create sustainable value for their stakeholders. With more than 435,000 people serving clients in more than 120 countries, Accenture drives innovation to improve the way the world works and lives. Visit us at www.accenture.com.
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The Hershey Company
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