MetricStream's solution facilitates an integrated and streamlined approach to capture sustainability metrics and indicators, and manage assessments and third-party audits across the supply chain

By The Associated Press | Posted - Mar. 4, 2014 at 6:41 a.m.



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TO BUSINESS, AND RETAILING EDITORS:

Woolworths Enhances Supply Chain Sustainability and Performance with

MetricStream

PALO ALTO, Calif., March 4, 2014 /PRNewswire/ -- Leading South African

retailer, Woolworths, has implemented MetricStream's Sustainability

Performance Management Solution to capture and measure sustainability

metrics and indicators around energy, water, soil, and waste

management. The solution will also help Woolworths monitor supplier

compliance with sustainability guidelines, and optimize the

performance of the company's sustainability projects and initiatives.

MetricStream's solution provides a centralized framework for

Woolworths to register and onboard suppliers for their sustainability

management program, measure supplier compliance through periodic

self-assessments and third-party audits, maintain supplier data, and

manage supplier certifications. Woolworths is currently using

MetricStream's Quality Audit Management solution to optimize their

Total Quality Management (TQM) program. This existing solution will be

extended to include MetricStream's Sustainability Performance

Management Solution, providing Woolworths with a comprehensive view of

their supplier performance, sustainability, and quality management

programs.

Headquartered in Cape Town, Woolworths is one of South Africa's

largest retail chains. Woolworths has over 450 stores in South Africa

that sell a wide range of products, including food, fashion, beauty

and homeware under the company's brand label. Woolworths also has a

majority stake in Country Road, Australia with more than 470 stores.

Woolworths has consistently been cited among the world's most

responsible retailers for their sustainability initiatives, which

includes the "Good Business Journey" - a comprehensive plan to

cultivate environmentally friendly and organic products, and to

contribute to socio-economic transformation and social development.

As part of the "Good Business Journey," Woolworths' sustainability

initiatives focus on environmentally sensitive farming practices to

improve soil and water quality, save water, reduce waste, and

encourage biodiversity. With MetricStream's help, the company has

strengthened their sustainability projects by replacing manual

processes and paper-based spreadsheets with a more automated,

integrated, and collaborative approach.

"Our partnership with MetricStream has been critical to the success of

our sustainability and supply chain management programs," said Zyda

Rylands, Managing Director for Food at Woolworths. "With MetricStream,

we have established a common point of reference to assess, score, and

track sustainability initiatives across over 900 suppliers worldwide.

Increased visibility into sustainability initiatives, coupled with

workflow automation and improved collaboration with suppliers is

critical to meeting our sustainability goals, and supporting our

long-term success as an organization."

MetricStream Sustainability Performance Management Solution

streamlines a broad range of sustainability activities -- from

supplier registrations, approval, and onboarding, to supplier

self-assessments, third-party audits, and certifications. At every

stage, supplier information around farms, pack houses, secondary

suppliers, and certifications is maintained in a centralized, easily

searchable repository.

Through the solution's web-based interface, suppliers across the globe

can access and fill in their sustainability assessment checklists. The

solution captures the data, and generates a sustainability score to

determine if the supplier qualifies to receive a sustainability

certification. If further auditing is required, the solution helps

schedule the audit, as well as document and track audit findings.

Powerful dashboards and reports provide real-time status updates,

enabling Woolworths to monitor the progress of their sustainability

initiatives.

"MetricStream solutions have enabled Woolworths to integrate several

quality and sustainability management programs, and thereby gain a

multi-dimensional view of supplier performance," said Shankar

Bhaskaran, Vice President & General Manager of International Business

Operations at MetricStream. He added, "Sustainability performance

management is becoming increasingly important as companies worldwide

strive to build ethically and environmentally responsible practices

that extend beyond the four walls of their organization to encompass

their entire supply chain. We are excited to continue our partnership

with Woolworths, supporting them with our integrated suite of

solutions."

About MetricStream

MetricStream is a market leader in enterprise-wide Governance, Risk,

Compliance (GRC) and Quality Management Solutions for global

corporations. MetricStream solutions are used by leading corporations

such as UBS, Barclaycard US, P&G, Constellation Energy, Pfizer,

Philips, United Technologies Corporation, SanDisk, Cummins, and

Autogrill in diverse industries such as Financial Services,

Healthcare, Life Sciences, Energy and Utilities, Food, Retail, CPG,

Government, Hi-tech and Manufacturing to manage their risk management

programs, quality processes, regulatory and industry-mandated

compliance and corporate governance initiatives, as well as several

million compliance professionals worldwide via the

www.ComplianceOnline.com portal. MetricStream is headquartered in Palo

Alto, California and can be reached at www.metricstream.com.

About Woolworths

Woolworths Holdings Limited (WHL) has been listed on the Johannesburg

Stock Exchange since 1997, and is the parent company of Woolworths

Proprietary Limited (Woolworths), commonly known as Woolworths in

South Africa. Woolworths is one of two WHL subsidiaries, the other

being Country Road Ltd (Country Road Group), listed on the Australian

Securities Exchange. In addition, WHL holds an interest in Woolworths

Financial Services (WFS), a joint venture with the Barclays Africa

Group.

See woolworthsholdings.co.za for more information.

MetricStream Media Contact Mr. Vinay Bapna Email +1.650-620-2955

Woolworths Press Office Mr. Babongile Dlamini Email

+27.82-782-3856

Read more news from MetricStream.

SOURCE MetricStream

-0- 03/04/2014

/Web Site: http://www.metricstream.com

CO: MetricStream; Woolworths

ST: California

IN: REA MLM SUP FOD

PRN

-- PH75708 --

0000 03/04/2014 13:35:00 EDT http://www.prnewswire.com

Copyright © The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

The Associated Press

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