Tyson Foods, Inc. Boosts Productivity, Minimizes Risk with Product Lifecycle Management
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Tyson Foods, Inc. Boosts Productivity, Minimizes Risk with Product Lifecycle Management

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Tyson Foods, Inc., with over $30 billion in revenue, is the world’s largest processor of chicken, beef, and pork and also provides prepared foods, such as soups, sauces, pizza crusts, and tortillas. In fact, the company produces one out of every four pounds of the meats consumed in the United States.

 
 

 
 

Challenges

A word from Tyson Foods, Inc.

  • “Tyson Foods is driven to create innovative food solutions and revolutionize the way we deliver products worldwide. Oracle’s Agile Product Lifecycle Management for Process is a key component to our corporate strategy. We can attribute several results to our Agile applications, which have made a significant impact on our ability to execute on our initiatives and surpass our customers’ expectations.” – Kim Glenn, Director Research & Development, Tyson Foods, Inc.

  • Speed time to market for new products by streamlining workflows, scaling processes, and channeling innovative ideas
  • Increase productivity by optimizing resources and improving access to accurate product data
  • Increase traceability and compliance reporting capabilities to satisfy increasing audit demands from customers and retailers

Solutions

Oracle Product and Services

  • Implemented Oracle’s Agile Product Lifecycle Management for Process to provide a full product data management solution for Tyson’s thousands of SKUs, ingredients, and packaging materials
  • Accelerated time to market by automating notifications, reviews, and approvals with electronic workflows
  • Improved collaboration and reduced cycle times by connecting people, process, and information in a single, centralized system
  • Empowered decision-making by improving visibility into product data, reducing time for specification creation by more than 50%
  • Shortened time needed to complete audits by improving consistency of supplier data and the traceability of ingredients and packaging materials
  • Minimized risk by bolstering supply chain contingency planning to easily identify components affected by supplier change, document company actions, and ensure appropriate reviews occur
  • Decreased ingredient and packaging costs by facilitating the re-use of existing materials through data transparency
  • Increased productivity by reducing errors involved in re-keying and other labor intensive information maintenance processes