ANAPLAN, INC.

(PLAN)
Delayed Nyse  -  04:00 2022-06-21 pm EDT
63.73 USD   +0.58%
06/24ANAPLAN, INC.(NYSE : PLAN) dropped from S&P Software & Services Select Industry Index
CI
06/24ANAPLAN, INC.(NYSE : PLAN) dropped from S&P Global BMI Index
CI
06/24ANAPLAN, INC.(NYSE : PLAN) dropped from S&P TMI Index
CI
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancials 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

Anaplan : partners with hypergrowth brand Tofoo as demand goes through the roof

04/17/2022 | 02:34pm EDT

Much of the world is trending towards plant-based eating, and this shift looks like it's becoming more mainstream every day with a broad impact on people and the wider food industry. At the forefront of this food revolution is Tofoo, a £20M turnover hypergrowth company and a family favourite in the supermarkets.

Tofoo is on a mission to show the world that tofu is really rather brilliant, using a traditional Japanese recipe for a unique and wonderful taste. To maintain its presence and manage its ever-growing business and customer base, Tofoo has enlisted Anaplan to reimagine its supply chain processes.

Tofoo was looking for a solution that consolidated its supply chain planning processes and helped efficiently plan and run a fast-moving and rapidly changing supply chain. Using Anaplan's demand planning platform, Tofoo automated their demand forecast model allowing confident and accurate forecasting three to five years out, Planning became multi-dimensional, involved more stakeholders, and the ability to quickly introduce new products became easy. Furthermore, with statistical implementation, Tofoo will be able to increase forecast accuracy, thus improving the business's bottom line.

"With growth comes the need for a huge internal change," says Andy Proud, Head of Demand and Supply at Tofoo. "As our customers continue to drive demand for the product, we recognised a need for a more robust and consolidated approach to our supply chain to ensure that the products arrive at stores in a timely manner. With Anaplan, we hope to stay even further ahead of the demand."

This implementation now means that they can manage different routes to markets, whether this is through multiple grocers, convenience, foodservice, or meal boxes. Tofoo will also be able to reduce workload on the supply chain team through automation. The increased visibility enables the company to schedule and allocate its resources more effectively.

"With the recent supply chain challenges brought on by a combination of the pandemic and Brexit, it is now even more important that businesses have a resilient infrastructure in place, one that is malleable to both consumer demand and shifts in the landscape," says Shankar Balakrishnan Area Vice President, UKI, Anaplan. A manual approach is no longer suitable for businesses to operate effectively; they need a consolidated and digitized overview of where their products need to go and how much of it needs to be delivered. Those that embrace the agile and data-driven approach will be best placed to survive any future disruption and increased demand."

Empowered by the Anaplan platform, Tofoo is now able to plan more confidently, with greater visibility into performance across the business. The company worked with partner Bedford Consulting to drive implementation.

To learn more about the ways Anaplan helps businesses deliver on their strategic objectives through effective planning, visit https://www.anaplan.com/customers.

Media Contact:

Anthony Harrison

[email protected]

Disclaimer

Anaplan Inc. published this content on 15 April 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 17 April 2022 18:33:07 UTC.


© Publicnow 2022
All news about ANAPLAN, INC.
06/24ANAPLAN, INC.(NYSE : PLAN) dropped from S&P Software & Services Select Industry Index
CI
06/24ANAPLAN, INC.(NYSE : PLAN) dropped from S&P Global BMI Index
CI
06/24ANAPLAN, INC.(NYSE : PLAN) dropped from S&P TMI Index
CI
06/22ANAPLAN, INC. : Completion of Acquisition or Disposition of Assets, Notice of Delisting or..
AQ
06/22ANAPLAN, INC. : Submission of Matters to a Vote of Security Holders (form 8-K)
AQ
06/22Thoma Bravo, L.P. completed the acquisition of Anaplan, Inc. from The Vanguard Group, I..
CI
06/20ANAPLAN, INC.(NYSE : PLAN) dropped from NASDAQ Internet Index
CI
06/15ANAPLAN, INC. : Change in Directors or Principal Officers, Financial Statements and Exhibi..
AQ
06/15INSIDER SELL : Anaplan
MT
06/13BMO Capital Adjusts Anaplan's Price Target to $63.75 from $66, Keeps Market Perform Rat..
MT
More news
Analyst Recommendations on ANAPLAN, INC.
More recommendations
Financials (USD)
Sales 2023 746 M - -
Net income 2023 -211 M - -
Net cash 2023 248 M - -
P/E ratio 2023 -42,2x
Yield 2023 -
Capitalization 9 593 M 9 593 M -
EV / Sales 2023 12,5x
EV / Sales 2024 10,1x
Nbr of Employees 2 200
Free-Float 97,4%
Chart ANAPLAN, INC.
Duration : Period :
Anaplan, Inc. Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends ANAPLAN, INC.
Short TermMid-TermLong Term
TrendsBearishBullishNeutral
Income Statement Evolution
Managers and Directors
J. Charles Goodman Chairman & Chief Executive Officer
Frank A. Calderoni Director & Director
Vikas Mehta Director, Chief Executive & Accounting Officer
Sesh Tirumala Chief Information Officer
Vikram Khosla Investor Relations Contact
Sector and Competitors
1st jan.Capi. (M$)
ANAPLAN, INC.39.00%9 593
SALESFORCE.COM, INC.-26.84%184 990
CLOUDFLARE, INC.-60.58%16 912
DYNATRACE, INC.-26.96%12 644
KINGDEE INTERNATIONAL SOFTWARE GROUP COMPANY LIMITED-22.33%8 251
QUALYS, INC.-0.51%5 302