QlikView is offering Lifetime Brands a simple way to visualize critical information from its SAP and non-SAP systems for fast analysis and decision making.
Radnor, PA (PRWEB) December 2, 2008
In today's volatile economy, companies that have already invested a lot of time and money in enterprise systems, such as SAP, need immediate visibility in order to make the right decisions quickly and cost effectively. That's why Lifetime Brands, North America's leading resource for nationally branded kitchenware, tabletop and home decor products, is using QlikView to maximize its existing IT landscape and gain a single view of supply chain management and sales analysis -- regardless of whether the data is stored within SAP or other source systems.
Experiencing significant expansion organically and by acquisition, Lifetime Brands has rapidly grown into a company of more than a dozen of the industry's best-known brands, including Farberware®, CasaModa® and Hoffritz®. With many individual companies and a recent SAP R/3 implementation that did not incorporate historical data, consolidated reporting and data analysis quickly became a challenge -- ultimately leading Lifetime Brands to QlikView. The complete implementation took approximately two months from contract to go-live for 145 employees.
With QlikView, Lifetime Brands is now tracking and analyzing companywide sales by specific time periods, months, division, materials, current versus historical and forecast versus actual. The sales application enables users to drill down, organize data and run reports at a level of detail that would have only been accessible by running 100 individual reports in their old system - a 99% reduction in time and energy.
Lifetime Brands also developed a supply chain analysis application. "With QlikView, we have the ability to aggregate historical data from various enterprise software systems with data from SAP systems. This has made company information accessible to everyone and enabled our users to develop consolidated reports more efficiently," said Clifford Siegel, Senior Vice President, Global Supply Chain at Lifetime Brands.
Employees are now able to monitor and analyze inventory turns, purchase orders, material requirements and vendor performance -- across all divisions. This enables management to identify and solve problems proactively in the supply chain, from supplier deliveries and production schedules to warehousing. Production floor and plant managers now can immediately adjust their activities based on near-real-time key performance metrics, instead of waiting for post-production reporting.
QlikTech's award-winning business analysis solution, QlikView, gives people the information they need to make optimal decisions today - at a fraction of the cost of traditional Business Intelligence (BI) software. QlikView brings to light challenges and opportunities by connecting related data from multiple sources and systems for an accurate picture of any aspect of a company's operations. In only a few days, companies can create applications, which decision-makers can begin using immediately - without any special training.
"In today's challenging business environment, consumer goods companies are relying on business intelligence to ensure they are meeting and exceeding operational goals in the most efficient way possible," said Anthony Deighton, Senior Vice President of Marketing at QlikTech. "QlikView is offering Lifetime Brands a simple way to visualize critical information from its SAP and non-SAP systems for fast analysis and decision making."
Editor's Note: Clifford Siegel, Senior Vice President, Global Supply Chain at Lifetime Brands, and Thomas Cooley, Dean of New York University's Stern School of Business, will be discussing the importance of visibility in a challenging business environment at a QlikTalk event on December 9 in New York, NY. For more information or to register, visit http://www.qlikview.com/powerbreakfast.
About Lifetime Brands, Inc.
Lifetime Brands is North America's leading resource for nationally branded kitchenware, tabletop and home decor products. The Company markets its products under many of the industry's best known brands, including Farberware(R), KitchenAid(R), Pfaltzgraff(R), Mikasa(R), Cuisinart(R), Block(R), Calvin Klein(R), CasaModa(R), Cuisine de France(R), Gorham(R), Hoffritz(R), International(R) Silver, Joseph Abboud(TM), Kamenstein(R), Kirk Stieff(R), Melannco(R), Nautica(R), Pedrini(R), Roshco(R), Sabatier(R), Sasaki(R), Towle(R) Silversmiths, Tuttle(R), Wallace(R) and Vasconia(R). Lifetime's products are distributed through most major retailers in North America.
QlikTech's flagship product, QlikView, simplifies analysis for everyone. QlikView works the way your mind works - making associations by connecting data from many sources in a few clicks. This patented in-memory association technology brings fast results and better decision making to a wide range of customers and industries. QlikView is intuitive to learn, simple to modify and can be deployed in less than a week.
Named the world's fastest-growing Business Intelligence software vendor by IDC, QlikTech has over 10,140 customers in 92 countries and more than 500 partners worldwide. QlikTech was founded in Lund, Sweden and is headquartered in Radnor, PA (USA) with direct operations throughout Europe and the Americas. QlikTech offers a fully functional, free trial of QlikView and a 30-day money-back guarantee. For more information, please visit http://www.qlikview.com or subscribe to the QlikView XML RSS Feed.
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