International Dairy Queen Canada, LTD Selects Instill Spend Management and Instill
Inventory Management to Realize Cost Savings and Improve Profitability of Promotions
Providing Greater Value to Franchise Members
SAN MATEO, CA., - March 5, 2008
Instill® Corporation ("Instill"), a leading provider of spend intelligence services
and solutions for the foodservice industry, today announced that International Dairy
Queen Canada, LTD, a wholly-owned subsidiary of Berkshire-Hathaway, Inc., has selected
Instill Spend Management and Instill Inventory Management solutions to gain greater
visibility, uncover food cost savings opportunities, improve the profitability of
promotions, and provide greater value to franchise members.
"Given today's inflationary pressures, we want to protect our franchise members
and provide the best tools to combat rising food costs," said Doug White, vice president
of Dairy Queen International. "Instill helps us improve our ability to perform a
complete audit of our spend so we can enforce price and purchase compliance and
maximize the success of our limited time offers."
Instill Spend Management automates the collection and standardization of unit purchase
information from distributors, identifies contract price variances, SKU and manufacturer
optimization opportunities, compliance problems and helps uncover new savings opportunities.
Instill Inventory Management provides daily visibility into distributor inventory
levels for operator's proprietary products preventing stockouts, overstocks and
costly product repositioning to improve the profitability of promotions.
"Visibility into actionable information across our entire network is a key component
in the success of our supply chain initiatives. Our teams across the country will
be able to make better decisions and quickly respond to market changes because we
will all be working off of a single source of truth," commented Brian Leibel, General
Manager, CDQ Co-op Ltd., the purchasing co-op for International Dairy Queen Canada.
"The dramatic food cost increases are not unique to the United States. Foodservice
businesses world wide are feeling the pinch," said Mike DeVries, CEO of Instill
Corporation. "Our new relationship with International Dairy Queen Canada and the
CDQ Co-op Ltd. further extends Instill's presence in Canada and demonstrates our
ability to provide value for operators both domestically and internationally."
Instill's proven suite of solutions - Spend Intelligence for Operators and 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.