A2M 18.7% $5.70 the a2 milk company limited

Media Updates, page-9703

  1. 4,184 Posts.
    lightbulb Created with Sketch. 1814
    Great to hear but it's also a bit of an indictment of the poor systems that were in place previously.

    "Company leaders were hamstrung in their ability to make quick and well-informed decisions because different country units relied on a patchwork of different software to manage their discrete financial, inventory, and other back-end processes, Strauss says. That software included Excel spreadsheets, QuickBooks accounting tools, and outdated ERP applications. The data in those applications wasn’t easy to share and was often inconsistent across countries."

    Seems to me that JH was right last year when she bagged the company as having poor & outdated sales tech systems in place.

    At least, a necessary condition for any successful turnaround is fixing amateur hour stuff like this, so box ticked.
 
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