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Krispy Kreme Case Study |
| Author: Rod Newing
Previously, reliance on spreadsheets for managing Krispy Kreme's international doughnut business proved time-consuming and severely limiting in terms of what the head of financial planning and analysis wanted to achieve. Equally frustrating was the absence of a single version of the truth. This case study follows Krispy Kreme's journey from cumbersome spreadsheet-dependency to an OLAP solution that revolutionized the way in which the company manages financial and operational data. Find out how the company scoped the problem, defined its ideal solution and set about finding a solution that has halved the amount of time it takes to prepare budgets and freed up time for other financial and operational management tasks. Discover how the company narrowed down its search to Comshare MPC, the criteria it applied and the factors that influenced its product selection. A phased roll-out and implementation plan was key to Krispy Kreme's ability to put the new OLAP system to work. The case study takes you through the steps it followed to introduce its new approach to budgeting, financial reporting, sales and profit forecasting, and analysis. Benefit from the transferable lessons the company learnt from this extensive and successful overhaul of its financial and operational systems. |
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