C&S Wholesale Grocers Selects Agribuys and Deploys Its Order Link Collaborative Procurement Solution for Fresh Foods
Agribuys Will Enable Produce Procurement During First Stage of Implementation
3/1/2005 12:48:00 PM
TORRANCE, Calif., Mar 1, 2005 (BUSINESS WIRE) -- Agribuys announced today that C&S Wholesale Grocers, Inc., one of the nation's leading food wholesalers and distributors, has named the company as its technology partner for perishable products e-procurement. This long-term relationship was established in the last quarter of 2004, after C&S completed an exhaustive review and evaluation of the Agribuys platform. Further, Agribuys also announced today that the first stage of implementation for Produce Procurement went "live" in early February at C&S. At full rollout, this program will extend Agribuys' deployment of both its collaborative supply chain management software and marketplace services throughout all C&S perishables procurement operations.
"C&S is committed to providing services that add value, create efficiencies, and reduce costs for our customers," said George Semanie, Senior Vice President of Merchandising and Logistics for C&S. "Agribuys has demonstrated clearly that they have proven technology and services to help us be a more effective procurement organization for our existing and new customers."
Albert Grimaldi, Vice President of Produce, added, "To manage the growth and diversity of our Produce business, we needed a very specific set of technology capabilities. Agribuys provided that and more for us. Their collaborative technology platform will help us work more closely with our supply chain partners to create efficiencies for us and our customers."
"This is a major development in the growth of our company," said Agribuys CEO and President, Vijay Yajnik. "The selection of Agribuys by a leading wholesaler and distributor, such as C&S, is further confirmation that our comprehensive solution delivers the rich functionality that perishable foods trading partners need. Our technology, and the business process models that it supports, is now proven, with over US$1.0 billion of commerce being transacted annually among retailers, suppliers, and transportation companies. We are just delighted to be working with an industry leader like C&S, in providing them with proven technology, which performs, to improve their perishable foods supply chain."
Agribuys' technology is a state-of-the-art, hosted, collaborative commerce solution, designed to meet the unique challenges of the perishable or fresh food supply chain. It enables end-to-end transactions between a grocer's procurement and back-end accounting and warehousing systems, and the corresponding systems at its suppliers and transportation carriers. The software offers rich functionality to improve performance of all elements of the workflow in procurement and logistics. The system, which is hosted by IBM, is designed to be highly secure, with multiple redundancies for disaster recovery. It is currently in use by major companies such as AholdUSA, US Food Service, and Pathmark Stores.
About Agribuys
Agribuys is the leading supply chain software solution provider to the global perishable foods industry. Agribuys offers Internet-based solutions for demand planning and management, procurement, logistics, receiving and payment. These solutions improve the way organizations carry out transactions, use real-time information to make decisions, and build relationships with their supply chain partners. The Agribuys Online Marketplace provides a global hub that is optimized for trading perishable foods. Based in California, Agribuys is rapidly expanding to further broaden its global procurement platform. The company is privately held and is backed by Rustic Canyon Partners and Internet Capital Group (ICGE). For more information, please visit the Agribuys website at www.agribuys.com
About C&S Wholesale Grocers, Inc.
C&S Wholesale Grocers, Inc. is a privately owned company with annual sales of over $15 billion. The company is the 8th largest privately held company in the nation, as ranked by Forbes magazine. Founded in 1918, C&S provides distribution services to grocery chains and independent stores, delivering to more than 4,000 locations from its distribution centers in Vermont, Massachusetts, Connecticut, New York, New Jersey, Maryland, Ohio, Pennsylvania, Tennessee, South Carolina, Alabama, California and Hawaii. For more information, please visit C&S website at www.cswg.com
SOURCE: Agribuys |
