Peet’s Coffee & Tea improves forecasting, inventory management with RedPrairie Site Operations

MILWAUKEE, Wis. – RedPrairie Corporation, a consumer-driven optimization company, has announced Peet’s Coffee & Tea, which operates 190 specialty stores nationwide, has cut waste while still maintaining a high threshold of quality using RedPrairie’s Site Operations solution. Peet’s has used the full range of capabilities featured in the application to significantly reduce wasted product through improved forecasting, inventory management, and auto-ordering.

“Peet’s has an extremely high standard of quality and freshness for the products we send to market. These freshness standards contribute to higher waste in our retail stores” says Tom Cullen, Peet’s CIO, “Maintaining that superior standard while controlling cost is an absolute necessity. RedPrairie’s solution offered us the ability to keep our commitment to excellence, while lowering our costs significantly through waste reduction.”

RedPrairie Site Operations offers this ability by managing a variety of functions associated with food and beverage service with built-in features to provide flexibility and visibility. Through configurable workflows and exception-based reporting, the solution provides an exceptional ability to forecast demand and automate restocking of necessary items at each site.

“RedPrairie is committed to helping our customers maintain an exceptional standard of quality for their products,” says Mike Mayoras, RedPrairie CEO. “We’re very proud to serve companies like Peet’s Coffee & Tea who are committed to such a high level of excellence.”

About Peet’s Coffee & Tea Inc.
Peet's Coffee & Tea, Inc., (PEET), is the premier specialty coffee and tea company in the United States. Peet's buys the highest quality beans in the world, artisan roasts every bean by hand to order, and delivers all of its coffee quickly for superior freshness no matter where it is sold. Founded in 1966 in Berkeley, Calif. by Alfred Peet, who is widely recognized as the grandfather of specialty coffee in the U.S., Peet's has a rapidly growing, passionate customer following that seeks out Peet's coffees wherever they go. Peet's is committed to strategically growing its business through many channels without compromising the extraordinary quality of its coffee. For more information about Peet's Coffee & Tea, Inc.,visit http://www.peets.com.

About RedPrairie Corporation

RedPrairie is a world leading consumer driven optimization company. Built on an advanced Service Oriented Architecture (SOA) developed over the past 15 years, the RedPrairie integrated suite of solutions offers on-demand capabilities to over 40,000 sites worldwide for many of the world’s largest companies.

RedPrairie’s E²e™ solutions synchronize people and products throughout the customer buying cycle to ensure goods reach the right place at the right time. At the point of sale, this means consumers have access to desired products and that the store is staffed with the right people to help them make their purchases. In the production cycle, it means suppliers and manufacturers time and synchronize shipments and production based on demand signals from the retailer. And in the back room of the store, it means having the least amount of inventory, solving the “last yard” problem of the retail supply chain.

With 20 global service sites and standard service methods that have been validated over the last 30 years, RedPrairie provides unparalleled service and support. For additional information, call 1.877.733.7724, or access www.RedPrairie.com.

RedPrairie is a registered trademark of RedPrairie Corporation.

E²e is a trademark of RedPrairie Corporation.

Other product and service names mentioned herein are the trademarks of their respective owners.