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| [May 20, 2008] |
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Leading Foodservice Companies Including International Dairy Queen, Inc. and ConAgra Foods, Inc. Achieve Success in Driving Costs from the Supply Chain and Growing Revenue
SAN MATEO, Calif. --(Business Wire)-- Instill(R) Corporation ("Instill"), a leading provider of spend intelligence services and solutions for the foodservice industry, today announced the winners of the first annual Instill Partner Excellence Awards. Presented at the National Restaurant Association Show on Sunday, May 18, 2008, the awards program honors partners who have employed innovative practices using Instill solutions to drive costs out of the supply chain and grow revenue.
These market leading operators and manufacturers leverage Instill's best of breed solutions including the Instill Trade Spend Intelligence Suite for Manufacturers and the Instill Spend Intelligence Suite for Operators to achieve success. The Trade Spend Intelligence Suite for Manufacturers optimizes sales-related and trade spend processes and provides greater visibility into sales activity and customer purchase behavior to help grow new revenue opportunities. 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.
"We are thrilled to be able to contribute to our partner's successes. We use the term partner very deliberately in these awards, because the relationship we have with our clients is not one of client/vendor," said William Yaglou, Senior Vice President of Client Development at Instill. "The enhanced visibility and actionable information provided by Instill has enabled these leading companies to take action that has significantly improved operations, reduced costs and helped drive top-line growth."
The following awards were presented:
-- Dr Pepper Snapple Group, Inc. (DPSG) - The World-Class Systems Award for their relentless pursuit of complete and comprehensive market intelligence. DPSG's progress in identifying all actionable data and filling data gaps has been world-class.
-- Independent Purchasing Cooperative (IPC) for SUBWAY(R) - The Global Collaboration Award for their supply chain quality improvement on a global scale by extending into Asia and the Pacific Rim.
-- LongHorn Steakhouse - The 80/20 Award for finding significant savings in their secondary and tertiary spend by looking beyond the 20% of products that make up 80% of volume.
-- International Dairy Queen, Inc. - The Most Improved Operator on the Path to Spend Intelligence Award for progress unifying and optimizing their supply chain and delivering value to their franchise community and supply chain partners.
-- Compass Group, The Americas Division - The Information Driving Action Award for driving proactive change at the unit level by driving unit-level compliance.
-- ConAgra Foods, Inc. - The Most Improved Manufacturer on the Path to Spend Intelligence Award for making great strides in gaining operational efficiencies and time savings in claims processing and expanding visibility into program performance.
-- Senior Resources Alliance - The Great Start Award for their success embracing new technology to manage spend across their food, medical and office supplies.
About Instill Corporation
Instill Corporation provides spend intelligence solutions for the foodservice industry that facilitate greater collaboration and information sharing among manufacturers, operators and distributors. These solutions automate the collection and standardization of key trading partner data from across the industry, producing actionable analytics that can cut supply chain costs, improve overall quality and increase revenue. Customers realizing this value include Independent Purchasing Cooperative (IPC) for SUBWAY(R), Hardee's, LongHorn Steakhouse, International Dairy Queen, Inc., Sodexo, ConAgra Foods, Inc. and General Mills to name a few. Instill is headquartered in San Mateo, California. For more information, call 1-888-INSTILL or visit www.instill.com.
(C) 2008 Instill Corporation. All rights reserved. Instill and the Instill logo design are registered trademarks or service marks of Instill Corporation in the United States and/or other countries. All other trademarks and registered trademarks are property of their respective holders.
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