East Moline, IL (PressExposure) April 09, 2013 -- YASH Technologies, an SAP gold channel partner and leading technology services and outsourcing partner for global companies, and Vita Coco, a leading coconut water manufacturer, today announced the successful go-live implementation of CPGOne, an integrated enterprise resource planning (ERP) solution developed by YASH. CPGOne is a qualified SAP Business All-in-One partner solution for the consumer packaged goods industry that provides small and midsized enterprises (SMEs) the same comprehensive ERP solution as larger enterprises, delivered with the processes and content required for a cost-effective implementation.
"With our brand expanding globally, we needed an ERP solution that streamlined our financial and supply chain systems," said Jose Carvalho, Vita Coco's Chief Financial Officer. "CPGOne achieved this; its multi-currency functionality and integrated real-time supply chain system allows us to manage the business efficiently."
As the most popular brand in the fastest-growing beverage category - coconut water - in the U.S., Vita Coco sought a scalable solution that would accommodate new international operations in Europe and Asia, with multiple currencies, intercompany billing and an integrated supply chain.
"Vita Coco is a business focused on producing natural, lifestyle drinks that are perishable goods, and CPGOne provides the critical functionality for lot traceability with shelf life expiration," said Jacinto Arauz, vice president, Software Sales, YASH Technologies. "This has enabled Vita Coco to procure and sell products before expiration, resulting in minimized loss and reduced waste."
CPGOne provided all the functionality Vita Coco was seeking, including the following broad business functions:
Financial accounting (e.g., general ledger, accounts payable, accounts receivable)
Controlling (e.g., cost center accounting and profitability analysis)
Sales and distribution
As of March 2013, Vita Coco's operations went live with CPGOne in the United States, Singapore, Japan and Korea. Phase two, set for later this year, will include a rollout in Europe.
Vita Coco is the brand that started America's craze for fresh coconut water. In the U.S. Vita Coco is sold at over 65,000 retailers nationwide including Whole Foods Market, GNC, Safeway, Kroger, Publix, Ralph's, Stop & Shop/Giant, Walgreens, Costco, select Wal-Mart stores and many chain and independent groceries. It is also sold in most major U.S. airports and university campuses, as well as online at Amazon.com. Vita Coco was founded in 2004 and is based in New York City. For more information about Vita Coco visit www.vitacoco.com.