Food Magazine December 2018 | Page 20

BROWN-FORMAN
20 surfacing new ideas that are really driving positive action within the company .”
At Brown-Forman , data has been the bread and butter of the company ’ s digital transformation and it ’ s helping to deliver insights that drive tangible , real-life results , such as more informed pricing decisions . “ It ’ s helped us see how our competitors are moving with regards to their price and how that affects us . Over the past few months , we ’ ve been rolling out a revenue management application globally that ’ s been well received ,” explains Nall . Data analysis has touched every corner of the American company , including the heart of its operations : its production division . “ We worked closely with the production organization and we saw that there were issues that data analytics could help resolve . Using data , we ’ ve taken a hard look at our barrel yield to see what issues could be affecting it . Leveraging a lot of internal information and even external information like the temperature and other variables , we ’ ve provided dashboards that are really helping our production partners better manage and forecast barrel yield .”
With its quintessential southern American charm , Brown-Forman is

$ 3.25bn Approximate revenue

1870

Year founded

4,600 Approximate number of employees

well known for its captivating marketing efforts but the company has taken this one step further with its use of data technology “ We ’ ve engaged with partners like Salesforce to help us provide modern toolsets , and we ’ ve also looked at exact target marketing and consumer journeys so we can better communicate with our customers and deliver a better experience ,” says Nall . The wine and spirits firm has also made its first foray into chatbots and has used SMS text engagement at its
DECEMBER 2018