ODP news today:
BUSINESS WIRE - January 10, 2000 11:26
DELRAY BEACH, Fla., Jan 10, 2000 (BUSINESS WIRE) --
Office supply leader recognized for its highly innovative Internet strategies
Recognized as a leader in integrating its business with the Internet, Office Depot, Inc. (NYSE: ODP), the world's largest seller of office products, placed first on InformationWeek magazine's E-Business 100 list. The magazine, which conducted its research in conjunction with an independent consultant, ranked Office Depot higher than other Internet savy companies including as IBM, Cisco Systems and Dell Computer.
InformationWeek recognized Office Depot for its innovative techniques for integrating E-business technology across all channels of its business, increasing customer self-service and order sizes while reducing transaction costs. In particular, the Company was applauded for its use of the Internet in the following areas:- the company's public Web site (www.officedepot.com), customized business-to-business Web site, Office Depot's corporate Intranet site and electronic supply-chain management. In each case, Office Depot uses the Internet as an highly effective business tool to meet the changing needs of its customers, employees and vendors.
David Fuente, Chairman and CEO of Office Depot commented, "We are very pleased to be recognized as an e-business leader by an organization as influential as InformationWeek. The Internet allows us to serve our customers in the most efficient and effective way possible and we believe it is a key to our success going forward. As a result, we and have integrated internet strategies across all businesses, both domestically and internationally."
Key features of Office Depot's Web site include next-day delivery, real-time order status, customized shopping lists of commonly purchased items and real-time inventory. The "Office Solutions" section has thousands of pages of information and services for small business owners and free access to leading technology solutions providers, like TelePost, Stamps.com, ELetter, Schedule Online; sample letters, contracts, spreadsheets and forms; and a directory of business-focused Web sites.
Office Depot's Contract Business Unit is dedicated to creating innovative solutions for its larger corporate customers (50 or more employees) as well as governmental agencies, medical institutions and educational organizations. The goal is to provide companies with everything from office supplies and furniture to business machines, computer products and accessories, all linked with electronic purchasing systems that enable employees to conveniently order items directly from their desktop computers.
Other companies in the top 10 of InformationWeek's E-Business 100 list are IBM, Cisco Systems, Army and Air Force Exchange Service, E-Trade Group, Dell Computer, Lockheed Martin, Avnet, Insight Enterprises and Marshall Industries.
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