Assess the impact of this situation on business performance and management decision making.
Snyders of Hanover, which sells about 80 million bags of pretzels, snack chips, and organic snack
items each year, had its financial department use spreadsheets and manual processes for much of its
data gathering and reporting. Snyder’s financial analyst would spend the entire final week of every
month collecting spreadsheets from the heads of more than 50 departments worldwide. She would
then consolidate and reenter all the data into another spreadsheet, which would serve as the company’s monthly profit-and-loss statement. If a department needed to update its data after submitting
the spreadsheet to the main office, the analyst had to return the original spreadsheet, then wait for the
department to resubmit its data before finally submitting the updated data in the consolidated document.
Assess the impact of this situation on business performance and management decision making.
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