October 20, 2008 - Lawson Software announced the availability of Lawson M3 Analytics for Food & Beverage, a new application that helps food companies access meaningful business intelligence (BI) to improve decision-making without having to develop analytics tools in-house.

Lawson M3 Analytics for Food & Beverage helps food companies simplify deployment of a complete package of BI tools. The application includes 70 preconfigured key performance indicators (KPIs) and 50 prebuilt scorecard reports commonly used by food companies. Sample KPIs include day sales outstanding, inventory turnover, delivery performance and gross margin percentage. Sample scorecards highlight critical data such as sales versus budget, supplier performance, production variances and customer debt.

By packaging a specific set of KPIs and scorecards for food and beverage companies, Lawson gives customers a measurable view of their operations in a few short weeks. Such a comprehensive approach to business evaluation has essentially been beyond the reach of all but the largest food and beverage companies until now, according the Lawson.

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