Nottingham, England – 2012 - http://www.micros-retail.co.uk/en-GB.aspx , a leading provider of information technology solutionsfor the hospitality and retail industries, is pleased to announce the launch of myCreations, the next-generation software suite for product lifecycle management.
Food retailers, food manufacturers and quick-service restaurants across the globe can bring their products to market more safely, quickly and efficiently, employing the innovative software solution from MICROS Retail Supply Chain, a leading provider of product lifecycle management and food-safety compliance software
myCreations is a complete suite of integrated applications, allowing food-industry organisations to:
Ensure that consumers get safe, high-quality food products
Bring products to market faster, through better collaboration within the supply chain
Achieve greater profitability through greatly improved efficiencies
Protect their brands
Employing myCreations, food-industry clients can immediately access reliable data on product ingredients, ingredient sources and manufacturing processes to ensure a high level of product quality and to meet all regulatory compliance and quality standards − protecting consumers and vastly reducing potential risk to their brands. In the event of a product recall, myCreations users can respond quickly and reliably, with incident response time improved by as much as 90 percent.
Based on the experiences of customers around the world, myCreations has proven to deliver efficiency gains of up to 40 percent. Users of the software applications can overcome existing challenges to their businesses, such as inconsistent data input. For example, customers currently obtain product information from their suppliers by a variety of methods, including “snail mail”, which then has to be re-entered into their systems. Workflow tools employed within myCreations improve data entry speed by about 70 percent.
myCreations also delivers better data accuracy over fragmented and legacy internal systems, as well as automating several manual processes. Multiple processes are handled through a single portal, eliminating the need for multiple systems and addressing the issue of time-consuming access to limited, uncontrolled data. Approximately 60 percent of administration time is eliminated from the entire supply-chain process.
“MICROS Retail Supply Chain has been a global provider of product lifecycle management and food-safety software since we introduced the first-ever PLM solution for private-label goods in 1995,” said Paul Woodward, CEO, MICROS Retail and Supply Chain. “Now, clients across the globe can ensure greater food safety and higher quality for consumers using our complete solutions that are specifically designed and developed for the food industry.”
Woodward noted that MICROS Retail Supply Chain is poised to take advantage of the enormous growth potential in private label goods consumption. Current estimates show that, in the U.S., consumption of private label products is about 20 percent of the market, compared to about 40 percent in the U.K.
MICROS Retail Supply Chain has an active supplier on-boarding program in place, which has established sites with clients such as Tesco in the UK, Metro in Germany, H-E-B in the USA, and Sobeys in Canada. These and other myCreations customers are offered the best of both worlds, with either an off-the-shelf solution or a fully customised option tailored to meet their specific needs.
The core configuration, which enables clients to rapidly deploy the solution and gain the system benefits more quickly, features four standard modules:
myCompany gives systems administrators the ability to manage and control company, user and system configurations for all myCreations modules
myLibrary provides document storage and publication-management functions
myReports is an intuitive data query and reporting tool
mySupplier is a collaborative module for managing supplier and site records, contacts, audits and visits, vendor performance scorecards and incident alerts
Both standard and tailored configurations are Cloud-based to integrate into clients’ existing operations seamlessly and easily, without the need to invest in additional IT resources and infrastructure. Any user can access myCreations via a secure web connection, from any PC with Internet access and applicable security privileges. Clients can customise their home screen’s layout and content to meet their individual preferences, and the user interface is compatible with 27 different languages.
MICROS Retail Supply Chain helps clients achieve desired results throughout the product lifecycle by providing ongoing education and training programs through its MICROS Academy. Courses are offered both in-person and online, and ongoing client support is available on a 24/7 basis, through a multi-lingual client contact centre.
About MICROS Retail and Supply Chain
MICROS Retail Supply Chain (www.micros-retail.co.uk) designs and develops product lifecycle management and food-safety compliance software specifically for food manufacturers, food retailers and quick-service restaurants. The company currently serves 25,000 global users at 6,500 suppliers, helping them manage and protect more than 150,000 products worth $60 billion. With a center of excellence based in Nottingham, U.K., MICROS Retail Supply Chain is a business unit of MICROS Systems (NASDAQ: MCRS), which provides enterprise applications for the hospitality and retail industries and is headquartered in Columbia, Maryland, USA.