Expect improved productivity, inventory management, delivery cycle
time and business intelligence to contribute to annualized cost savings
of $1.5 - $2.0 million beginning in Fiscal 2014
Company Website:
http://www.zepinc.com
ATLANTA -- (Business Wire)
Zep Inc. (NYSE:ZEP), a leading consumable packaged goods company, today
announced that it has completed the third phase of its Enterprise
Control Center (“ECC”) 6.0 ERP Solution from SAP.
Zep Inc.’s ERP process began a number of years ago with implementations
for the financial reporting and procurement value streams. In May of
2011 Zep began the third phase of the project that focused on the order
entry, manufacturing, shipment, invoicing and collections processes for
our North American Sales & Service business. In early December of 2012,
we went live with this functionality onto SAP’s ECC 6.0 ERP solution.
Key Benefits of the SAP ECC 6.0 ERP Platform:
-
Improved order delivery cycle time to the customer
-
Improved inventory management, reducing the need for working capital
-
Improved productivity from expanded Warehouse Management System (WMS)
-
Improved productivity from implementation of standard processes
-
Access to timely and accurate information about the business
-
Enhanced product compliance management through integrated
Environmental, Health and Safety (EHS) functionality.
“I’m extremely proud of the ERP implementation team,” said John K.
Morgan, Chairman, President and Chief Executive Officer of Zep Inc.
“This platform greatly enhances our ability to serve our customers and
improve our productivity with real-time information provided by a fully
integrated system. This system will serve as the foundation for Zep, and
over the next couple of years, we envision migrating our other
businesses to this platform. In fact, we will begin integrating our
newly acquired vehicle care business over the next couple of quarters.”
“By all measures, this has been a highly successful ERP implementation,”
said Kevin M. Beattie, VP of Information Technology. “We continue to
optimize the system and are encouraged by the marked improvement in our
key performance indicators.”
About Zep Inc.
Zep Inc., with fiscal year 2012 net sales of $654 million, is a leading
consumable packaged goods company selling a wide variety of
high-performance chemicals that help professionals and prosumers clean,
maintain and protect their assets. We are focused on the attractive
industry dynamics of the transportation market and the industrial
maintenance and repair operation (“MRO”) market which together now
comprise approximately 61% of our revenue with the balance derived from
sales into the facilities maintenance vertical. We market these products
and services under well recognized and established brand names, such as
Zep®, Zep Commercial®, Zep Professional®, Enforcer®, National Chemical™,
Selig™, Misty®, Next Dimension™, Petro®, i-Chem®, TimeMist®, TimeWick™,
MicrobeMax®, Country Vet®, Konk®, Blue Coral®, Black Magic®, Rain-X®,
Niagara National™, FC Forward Chemicals®, Rexodan®, Mykal™, and a number
of private labeled brands. Founded in 1937, some of Zep's brands have
been in existence since 1896. Zep Inc. is headquartered in Atlanta,
Georgia. Visit our website at www.zepinc.com.
Contacts:
Investor Contact:
Zep Inc.
Don De Laria
VP,
Investor Relations & Communications
404-350-6266
don.delaria@zep.com
Source: Zep Inc.