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ALG and Jersey Post work together on product costing project

10th Feb 2005
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Jersey Post Group is implementing a web-enabled Activity Based Costing solution to help it comply with new Government competition regulations being introduced in March 2005. ALG Software's Metify ABM will enable The Jersey Post Group to demonstrate the true cost of its products and services and provide transparency of costs.

ALG's Metify solution allows Jersey Post to model each business unit and analyse activities to give an accurate cost of providing each product and service. From this, Jersey Post can clearly see how the costs are divided and can monitor where costs and resources are consumed to enable more accurate product costing.

Neil Kelly, Finance Director of Jersey Post Logistics Limited and ABC project manager, comments, 'ALG's Metify solution provides us with a depth of reporting which we never had before. We will be able to accurately cost our products and services and efficiently audit this information, providing both transparency and traceability.

'We chose Metify ABM as it is a straightforward, easy to use system, with comprehensive import and export routines, which are very important for the running of our system,' continues Neil Kelly.

Initially, Metify is being used to provide accurate product costing of Jersey Post Group services, which has recently been divided into six divisions, including Jersey Post Logistics, Jersey Post International and Jersey Post Office. Further into the implementation, the web-based solution will also be used to provide management costing information allowing Jersey Post Group to target its most profitable customers.

About Jersey Post Group
The Jersey Post Group plays an important part in the communication infrastructure of the Island of Jersey. The Jersey Post Group provides essential postal services to all business and households on the Island and is part of the global postal network. Just over 400 staff are employed over four sites and the business portfolio for the group includes a Mailing House, Fulfilment Centre and logistics company as well as ecommerce solutions, within its portfolio it also designs and produces stamps for the Island of Jersey, which are collected throughout the world. As part of its support for the Island infrastructure it also has a Retail Network of 21 Post Offices. The vision for the Group is to be the chosen provider of customers' worldwide distribution and communication solutions whilst embracing new and emerging technologies. Please visit http://www.jerseypost.com

Helen Hart
Communications Manager
Jersey Post
Tel: +44 (0)1534 616626
Fax: +44 (0)1534 616566
http://www.jerseypost.com

About ALG Software
ALG Software is a global provider of Enterprise Performance Optimisation applications that can be implemented across an entire enterprise and across a broad spectrum of industries. ALG Software applications and service solutions assist organisations in understanding and controlling their costs, formulating and executing strategy, achieving greater responsiveness to change and boosting profitability and shareholder value. Ultimately ALG Software provides the foundation of profitable strategic and operational decision-making. ALG Software operates across Europe, North and South America, Australia, New Zealand, South Africa, the Middle East and the Far East. For more information on ALG Software, please visit http://www.algsoftware.com

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