Triple Point Technology, the provider of multi-market commodity and enterprise risk management software solutions, announced that Unilever has selected Triple Points SAP-endorsed Commodity SL to optimize commodity management across agricultural raw materials and business units.
Unilever is one of the worlds largest Consumer Products (CP) companies and the global market leader in all food categories in which it operates. Unilever produces some of the worlds best known brands including Dove, Ben and Jerrys, Popsicle, Lipton, Hellmanns, Wishbone and Vaseline. In 2008 the CP company generated annual sales of Euro 40.5 billion and has approximately 174,000 employees in almost 100 countries.
Unilever selected Triple Points SAP-endorsed commodity management solution to support the establishment of a Global Commodities Operating Team charged with optimizing raw material procurement. The centralized group will consolidate buying activities across all commodities and business units, allowing Unilever to proactively react to market changes and protect margins.
Triple Points joint commodity management solution with SAP enables Unilever to consolidate commodities procurement within an integrated platform, greatly increasing efficiency and improving risk management capabilities, says Seref Alptekin, operations director, Capabilities, Unilever. With the price volatility weve seen in raw materials over the last several years, its critical for Unilever to have the best risk management infrastructure in place.
D.C.