Vita Coco Taps ERP Solution for Global Expansion

Vita Coco and YASH Technologies (SAP gold channel partner and technology services and outsourcing partner), announce 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,” says 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.

 

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; procurement; and lot traceability,

 

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.

 

Related Articles: