BENGALURU, India, Nov. 8, 2023
/CNW/ -- Infosys (NSE: INFY) (BSE: INFY) (NYSE: INFY), a
global leader in next-generation digital services and consulting,
today announced a strategic collaboration with Rich Products
Corporation (Rich's), a leading food products company and global
supplier to the foodservice, retail in-store bakery, deli and
prepared foods industries. As part of this collaboration, Infosys
seeks to simplify and harmonize Rich's business processes and
customer experience using SAP S/4HANA solutions.
This initiative aims to reduce technical debt, simplify and
standardize global technology, processes and data to create
distinctive customer value. Infosys brings to the program a
successful track record and proven experience of delivering large
complex transformation using SAP S/4HANA with multiple Fortune 500
and global brands. Infosys will be responsible for building and
deploying Rich's global template for finance, supply chain,
manufacturing, and procurement functions across its global markets.
This program is structured to drive standardization while adhering
to commercial and regulatory requirements. It serves as the
foundation for tapping into new opportunities for growth,
innovation, and transformation.
Karmesh Vaswani, EVP and Global Head of Consumer, Retail and
Logistics, Infosys, commented, "We are thrilled to embark on
this exciting journey with one of the largest foodservice suppliers
to fulfill Rich's mission to drive streamlined experience,
efficiency and innovation in their business. We are committed to
bringing our industry-leading tools and accelerators along with our
depth of subject matter expertise to this engagement. This
collaboration exemplifies our commitment to working with industry
leaders like Rich's and positioning them for success in a rapidly
evolving business environment."
Yexi Liu, Rich's Global CIO, said, "We are looking at
this S/4 HANA based transformation to reimagine the way Rich's
operates its business and creates distinctive customer value. We
are excited about our long-term collaboration with Infosys that
will aim to accelerate our business transformation, reduce
technical debt and help shape industry standard business processes
to drive operational excellence."
About Rich Products Corporation (RPC)
Rich Products
Corporation (RPC) is one of the world's largest family-owned food
companies ($4.5 billion in revenue in
2022) and a leading global supplier to the foodservice, in-store
bakery, retail, and industrial marketplaces. RPC's expansive array
of products has been delighting customers and consumers since 1945.
RPC manufactures and sells these products in more than 100
countries spanning six continents. RPC is acclaimed for its
creative solutions and on-trend innovations that provide
unparalleled business-building capabilities for our customers
across the globe. RPC, headquartered in the United States, has 12,500 associates, 27
manufacturing facilities in the United
States and Canada and 17
other plants globally.
RPC's key global product categories include Toppings &
Icings, Cakes & Desserts, Pizza, Bakery Products, Breads &
Rolls, Shrimp & Seafood Appetizers & Snacks, Bar-B-Q,
Meatballs & Pasta, Gluten-Free, Syrups & Soaked Cakes and
Cooking Creams.
RPC also has non-food entities and sells equipment.
RPC key global channels include Foodservice, Bakery, Retail,
Industrial, and E commerce.
About Infosys
Infosys is a global leader in
next-generation digital services and consulting. Over 300,000 of
our people work to amplify human potential and create the next
opportunity for people, businesses and communities. We enable
clients in more than 56 countries to navigate their digital
transformation. With over four decades of experience in managing
the systems and workings of global enterprises, we expertly steer
clients, as they navigate their digital transformation powered by
cloud and AI. We enable them with an AI-first core, empower the
business with agile digital at scale and drive continuous
improvement with always-on learning through the transfer of digital
skills, expertise, and ideas from our innovation ecosystem. We are
deeply committed to being a well-governed, environmentally
sustainable organization where diverse talent thrives in an
inclusive workplace.
Visit www.infosys.com to see how Infosys (NSE: INFY) (BSE: INFY)
(NYSE: INFY) can help your enterprise navigate your next.
Safe Harbor
Certain statements in this release
concerning our future growth prospects, or our future financial or
operating performance are forward-looking statements intended to
qualify for the 'safe harbor' under the Private Securities
Litigation Reform Act of 1995, which involve a number of risks and
uncertainties that could cause actual results or outcomes to differ
materially from those in such forward-looking statements. The risks
and uncertainties relating to these statements include, but are not
limited to, risks and uncertainties regarding the execution of our
business strategy, our ability to attract and retain personnel, our
transition to hybrid work model, economic uncertainties,
technological innovations such as Generative AI, the complex and
evolving regulatory landscape including immigration regulation
changes, our ESG vision, our capital allocation policy and
expectations concerning our market position, future operations,
margins, profitability, liquidity, capital resources, and our
corporate actions including acquisitions. Important factors that
may cause actual results or outcomes to differ from those implied
by the forward-looking statements are discussed in more detail in
our US Securities and Exchange Commission filings including our
Annual Report on Form 20-F for the fiscal year ended March 31, 2023. These filings are available at
www.sec.gov. Infosys may, from time to time, make additional
written and oral forward-looking statements, including statements
contained in the Company's filings with the Securities and Exchange
Commission and our reports to shareholders. The Company does not
undertake to update any forward-looking statements that may be made
from time to time by or on behalf of the Company unless it is
required by law.
For more information, please contact:
PR_Global@infosys.com
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SOURCE Infosys