SPRINGDALE, Ark. (May 29, 2007)JDA Software Group, Inc., headquartered in Scottsdale, Ariz., has recognized Tyson Foods, Inc. for it’s success in forecasting accuracy related to product inventory. JDA develops supply-chain management software that offers integrated communications solutions connecting the entire supply chain from manufacturer to customer.
Software solutions developed by JDA and implemented by Tyson Foods have allowed the company to improve product inventory forecasting by 10 to 15 percent since it was implemented in 2002. Improved forecasting allows Tyson Foods to reduce waste, better manage inventory utilization and provide higher levels of customer satisfaction. The JDA “Real Results” award was presented to Tyson Foods during the JDA Focus meeting in New Orleans this April.
Tyson Foods, Inc. [NYSE: TSN], founded in 1935 with headquarters in Springdale, Arkansas, is the world’s largest processor and marketer of chicken, beef, and pork, the second-largest food production company in the Fortune 500 and a member of the S&P 500. The company produces a wide variety of protein-based and prepared food products, which are marketed under the “Powered by Tyson®” strategy. Tyson Foods is the recognized market leader in the retail and foodservice markets it serves, providing products and service to customers throughout the United States and more than 80 countries. The company has approximately 107,000 Team Members employed at more than 300 facilities and offices in the United States and around the world. Through its Core Values, Code of Conduct and Team Member Bill of Rights, Tyson Foods strives to operate with integrity and trust and is committed to creating value for its shareholders, customers and Team Members. The company also strives to be faith-friendly, provide a safe work environment and serve as stewards of the animals, land and environment entrusted to it.