Farmer Brothers Selects MicroStrategy for Greater Insights into Operational Performance
September 01 2009 - 8:00AM
PR Newswire (US)
Integration of MicroStrategy and RapidDecision's Data Marts Enables
Farmer Brothers to Accelerate BI Deployment MCLEAN, Va., Sept. 1
/PRNewswire-FirstCall/ -- MicroStrategy Incorporated (NASDAQ:MSTR),
a leading worldwide provider of business intelligence (BI)
software, today announced that Farmer Brothers Co. (NASDAQ:FARM)
has selected MicroStrategy for operational reporting and analytics.
Farmer Brothers is the nation's largest direct-store delivery
business for coffee and allied products. MicroStrategy reports and
information dashboards will provide Farmer Brothers employees with
detailed insights into financials, sales order processing,
manufacturing, procurement, inventory, and human resources.
MicroStrategy will be used by Farmer Brothers personnel across the
organization, including the CEO, COO, CFO, Controller, VP Finance,
VP Sales, Sales staff, as well as by manufacturing, financial, HR,
and operations users. Farmer Brothers has acquired multiple
companies over the last several years and is leveraging
MicroStrategy along with RapidDecision's pre-built data marts to
rapidly deploy its business intelligence applications and to ensure
that its acquired companies have consistent enterprise reporting
across all operational constituencies. With Farmer Brothers recent
acquisition of the direct-store delivery service from Sara Lee,
MicroStrategy and RapidDecision will be used to optimize sales
routes and identify operational inefficiencies and redundancies
from the acquisition. "We selected MicroStrategy because it offers
us a low total cost of ownership," said Bob Ing, IT Director of
Farmer Brothers. "We were excited to find a BI provider that
delivered dashboards, reports, alerting, and advanced analytics all
from one platform. In addition, MicroStrategy integrated easily
with RapidDecision's data marts, which enabled us to deploy our BI
applications very quickly and provided fast time-to-value." "We are
delighted that Farmer Brothers selected MicroStrategy to support
its enterprise BI applications," said Sanju Bansal, MicroStrategy's
COO. "MicroStrategy's BI platform has the scalability and
flexibility to analyze large volumes of data and provide valuable
insights on essential business areas, such as financial management,
supply chain monitoring, inventory management, sales forecasting,
and customer loyalty." About Farmer Brothers Co. Farmer Bros. Co.
is the nation's largest direct-store delivery business for coffee
and allied products such as cappuccino, cocoa mixes and spices. It
roasts and packages coffee for more than 10 brands; it processes
and packages allied products; it directly delivers its products and
services to food service operators and retailers in all 48 mainland
states. It also provides private-label coffee programs to retailers
through Coffee Bean Intl., one of the nation's leading specialty
coffee roasters. Farmer Bros. has paid a dividend in every year
since 1953, and its stock price has risen on a split-adjusted basis
from $1.80 a share in 1980. For more information, go to:
http://www.farmerbroscousa.com/. About MicroStrategy Founded in
1989, MicroStrategy is a global leader in business intelligence
(BI) technology. MicroStrategy provides integrated reporting,
analysis, and monitoring software that helps leading organizations
worldwide make better business decisions every day. Companies
choose MicroStrategy for its advanced technical capabilities,
sophisticated analytics, and superior data and user scalability.
More information about MicroStrategy (NASDAQ:MSTR) is available at
http://www.microstrategy.com/. MicroStrategy and MicroStrategy
Business Intelligence Platform are either trademarks or registered
trademarks of MicroStrategy Incorporated in the United States and
certain other countries. Other product and company names mentioned
herein may be the trademarks of their respective owners. Contact:
Wende Cover MicroStrategy Incorporated 703-770-1646 DATASOURCE:
MicroStrategy Incorporated CONTACT: Wende Cover of MicroStrategy
Incorporated, +1-703-770-1646, Web Site:
http://www.microstrategy.com/
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