Unified Foodservice Purchasing Co-op LLC, International Dairy Queen, Inc. and HMSHost Corporation Continue to Realize Significant Value, Visibility and Cost Savings with Instill® Spend Intelligence Solutions
Satisfied Foodservice Operators Cite Hard Dollar Savings, Strategic Vision and Exceptional Customer Service as Reasons for Renewals
SAN MATEO, CA., - July 1, 2008
iTradeNetwork™, Inc. ("iTradeNetwork"), recently merged with Instill Corporation, the leading provider of On-Demand Supply Chain Management and Intelligence solutions to the Food Retail and Foodservice industries, today announced that satisfied customers including Unified Foodservice Purchasing Co-op LLC, International Dairy Queen and HMSHost Corporation have again helped to drive their customer renewal rate to 100%.
Today's economic realities demand that foodservice operators do all they can to manage skyrocketing food cost inflation, protect and strengthen franchisee relationships, improve promotion and limited time offer profitability and drive costs from the supply chain all while maintaining high quality standards.
"Our best of breed spend intelligence solutions have become a key component in leading foodservice companies strategies to battle and grow during these challenging economic conditions," said William Yaglou, Senior Vice President of Client Development at iTradeNetwork. "Through a combination of proven technology solutions, industry expertise and our exceptional customer service we have helped our customers identify over $100 million annually in savings."
In their own words, operators explained the value they are receiving from Instill's
Spend Intelligence solutions. "Instill Spend Management is a tool that we use to
assist in monitoring distributor purchases as well as individual restaurant purchases
from the distributor network. In conjunction with other tools, this gives us much
greater accuracy on managing a complicated supply chain."
- Daniel E. Woodside, President and CEO, UFPC
"We are very critical of our expenditures because we want to make every dollar count
for our nearly 5400 franchisees and our partnership with ITN continues to deliver
an excellent ROI."
- John Gainor, Chief Supply Chain Officer, International Dairy
Queen
"Given today's soaring commodity costs, we need visibility into our complete spend.
Instill Spend Intelligence solutions have given us visibility across our non-branded
concept spend in the past. With new data sources coming on line, we will be able
to analyze our branded spend as well so we can better manage our full portfolio."
- Linda Dunn, Vice President of Business and Process Analysis,
HMSHost
iTradeNetwork's proven suite of solutions - Instill Spend Intelligence for Operators and Instill Trade Spend Intelligence for Manufacturers - provide foodservice industry constituents the visibility they need to manage and grow their businesses. The Spend Intelligence Suite for Operators is a suite of hosted, web-based solutions that address critical foodservice processes including Spend Management, Procurement, Inventory Management, and Quality Management. Armed with the information, tools and services needed to collaborate with trading partners, operators are able to control and optimize their spend programs and partnerships - reducing costs, increasing profitability and improving supply chain quality.
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