Rentrak Corp. will close the suburban Chicago offices of its third-party fulfillment subsidiary, 3PF Inc., Rentrak announced today. It will re-locate Skokie, Ill., operations and personnel to Ohio. The company said the core of 3PF’s operation is already in Ohio, so it made sense to consolidate there. “We believe the office consolidation will further improve customer service, provide operational efficiencies and hasten 3PF`s primary goal to be a profitable enterprise," said Paul Rosenbaum, Rentrak`s chairman and CEO.
3PF provides fulfillment, order processing, inventory management and sales tracking information services to companies requiring 24/7 just-in-time fulfillment. In its fiscal year ended Dec. 31, 2000, 3PF produced record revenues of $20 million, up 81.5% over the previous year.
The Chicago office housed five employees. William J. Polich, 3PF`s former chairman, president and CEO, declined to move to Ohio and is leaving the company. George Kuper, a member of Rentrak`s board of directors, will assume operational management responsibility for 3PF as chief operating officer.
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