January 5, 2024
(press release)
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- Promoting Data-Driven Management by Streamlining Administrative and Back-Office Operations Coca-Cola Bottlers Japan Inc. is pleased to announce the establishment and commencement of business for NeoArc Inc. (“NeoArc”), a joint venture formed in collaboration with Accenture Japan Ltd. NeoArc will consolidate the administrative, back-office, and support services of Coca-Cola Bottlers Japan Group to streamline administrative and back-office operations. It will also provide the technology to capture, analyze, and utilize data essential to our beverage business. The Group will employ this data to attain greater insights, faciliating better decision-making, identifying new business opportunities, and enhancing the quality products and services. The name "NeoArc" was chosen to underscore the company’s specialization in modern, innovative solutions with a team of experts who create new technologies, processes and added value. Its logo design expresses the meaning of the company's name, which is to lead the way to the answer with innovative solutions, by drawing an elegant arc to deliver solutions to their intended destination. Bjorn Ivar Ulgenes, Representative Director, Vice President & CFO of Coca-Cola Bottlers Japan, has been appointed representative director of NeoArc.. Satoshi Kon, currently Head of Finance Operations at Coca-Cola Bottler Japan, will assume the role of President starting January 4, 2024, overseeing NeoArc’s operations. In August of last year, Coca-Cola Bottlers Japan Holdings announced its strategic business plan “Vision 2028” which will run through to 2028, with three strategic pillars: Sales Excellence, Supply Chain Optimization, and Back Office and IT Function Optimization. The joint venture will streamline administrative and back-office operations and contribute to the sophisticated data-driven decision-making to promote the optimization of back office and IT functions. With the establishment of NeoArc, we aim to achieve sustainable profit growth as set forth in the strategic business plan and to become a cost-effective and profitable world-class bottler.
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