Seafood company, Sealord has selected Infor CloudSuite Food & Beverage (F&B) and Infor Supply Chain Planning (SCP) in an initial seven-year, multi-tenant SaaS agreement to enhance productivity, improve forecasting and better measure sustainability.

As a strategic partner, Infor will implement an operational cloud-based platform that provides day-one functionality gains as well as continuing to adapt and improve into the future. Sealord is also looking to incorporate a more modernised asset management solution to cater to its end-to-end requirements including purchase and commissioning, maintenance and asset management, as well as tracking from both land and sea-based users.

Along with reducing risk and improving efficiencies across the business, Sealord’s focus on promoting positive sustainability practices resulted in the selection of Infor CloudSuite, built specifically for the F&B industry, to establish specific carbon and other sustainability measures, such as sea temperature and plastics usage monitoring, to enable and improve reporting, management, and progress on sustainability goals.

Sealord chief information officer, Matthew Dodd said Infor was selected as it was an ideal fit as a strategic partner.

“Infor has incorporated deep industry-specific features that are purpose-built within Infor CloudSuite F&B which align with Sealord’s business processes and operations. This results in a close fit solution out of the box. Ultimately, we were looking for a strategic long-term partner to work with, so not only do we value the decades of Infor development that have resulted in strong food-manufacturing capability, but we also appreciate that Infor and Sealord share similar visions for people and culture,” Dodd said.

“We needed to address growing business and security risks associated with our legacy systems. Infor will enable us to redesign our core financial systems around current and anticipated business requirements. With Infor, we will be able to more easily automate workflows, month-end processes, and provide standardised reports to increase productivity across the business.”

Sealord will also be able to add lead indicators, statistical data, and other non-financial information in business focus areas such as sustainability, market share, employee numbers, customer sentiment, market trends and health and safety data. The new solution will also provide comprehensive multi-currency financial consolidation within the cloud ERP suite, so that all Sealord Group companies are reported and managed within one system.

“Standardising on one procurement system will create process efficiencies and reduce costs. It will also improve speed and accuracy, as well as the visibility of planning and forecasting. With Infor’s ERP solution, Sealord will save valuable time through the use of modern workflow, automation and AI tools,” Dodd said.