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Food and Beverage Products - 1999

Get insight into industry developments, market trends, vendors, products, business processes, and more, with articles written by our analysts and other industry experts.

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Geac Metamorphosises JBA Into Gear, but Cuts 20% of Staff
P.J. Jakovljevic 11/17/1999 12:00:00 AM
On November 12, Geac Computer unveiled its plan to turn its UK-based JBA Holdings acquisition into a new division, dubbed Gear, that will focus on the midrange enterprise resource planning (ERP) applications market.

Read Geac Metamorphosises JBA Into Gear, but Cuts 20% of Staff

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Hershey's Halloween Nightmare All Too Common for Supply Chain Implementations
Steve McVey 11/1/1999 12:00:00 AM
On October 25, Hershey Foods Corporation announced a sharp decline in revenue and earnings for its third fiscal quarter ended September 30, 1999. Consolidated net sales were $1.07 billion compared with $1.22 billion for the third quarter of 1998. Net income for the third quarter was $87.6 million, or $ 0.62 per share-diluted, compared with $107.5 million, or $ 0.74 per share-diluted, for the third quarter of 1998. Hershey Chairman and CEO Kenneth L. Wolfe blamed the poor showing on problems encountered since July, when the company switched over to new systems for customer service, warehousing and order fulfillment.

Read Hershey's Halloween Nightmare All Too Common for Supply Chain Implementations

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