Cadbury blames IT for £12m profit dent
Life is like an ERP system...
Posted in IT Director, 9th June 2006 10:19 GMT
See what The Register's experts have to say on application security
Chocolate maker Cadbury Schweppes blamed problems with its SAP inventory system for a £12m downturn in profits.
The introduction of the system in the fourth quarter led to glut of Cadbury products. Coupled with weak sales in January - all those New Year Resolutions - the company was forced to heavily discount some chocolate bars to clear its inventory.
The new ERP system is part of a global IT project at Cadbury called Probe which is looking for £50m in annual savings.
The chocolate maker also blamed high oil prices for its problems - forecasts were made on the basis of $60 a barrel rather than $70.
Increase your knowledge of the latest threats to your busines


The future of SaaS and IT infrastructure management
Solving on-premise email challenges with on-demand services
The business case for application security
Reducing messaging and web security costs with managed services

Win a Samsung C6625!
Is your cameraphone an oxymoron?
Reg Mobile and Wireless newsletter is go! go! go!
Sign up, sign up for The Register IT security newsletter