Euromonitor International believes that global cigarette volumes will decline by 8.2% by 2021. In such a declining market the larger tobacco companies are growing market share through increased efficiency. In 2017 it saved £130 million (source annual report) and this move to the cloud should see further savings. It runs the manufacturing side of the business while SAP runs its supply chain elements.
It also has a logistics company, Logista, though QAD is not implemented at the latter.When one company takes over another and clearly establishes itself as the new owner, the purchase is called an acquisition.From a legal point of view, the target company ceases to exist, the buyer absorbs the business and the buyer's stock continues to be traded while the target company’s stock does not.But when the deal is unfriendly—that is, when the target company does not want to be purchased—it is always regarded as an acquisition.Whether a purchase is considered a merger or an acquisition really depends on whether the purchase is friendly or hostile and how it is announced.QAD has served us well for a number of years and we feel confident heading to the future with QAD Cloud ERP.” The project will see QAD cloud ERP implemented in 21 facilities across 18 countries.Once deployed it will free up internal IT staff to work on other projects.In the pure sense of the term, a merger happens when two firms, often of about the same size, agree to go forward as a single new company rather than remain separately owned and operated.This kind of action is more precisely referred to as a "merger of equals." Both companies' stocks are surrendered and new company stock is issued in its place.QAD cites five benefits of moving to the QAD cloud that Imperial will leverage: What isn’t clear is whether this is part of a larger IT strategy.There is little doubt that it is a sensible move for the manufacturer it the current climate.