FOR IMMEDIATE RELEASE
Amy Gray/Aileen Katcher
Katcher Vaughn & Bailey
Coltrin & Associates
Joint Customers will Improve Supply Chain Visibility and Automate Existing Processes while Maximizing Existing Relationships
PHOENIX, Ariz. and BRENTWOOD, Tenn., August 21, 2001 – intesource, a provider of web-based procurement services to grocery and healthcare buyers, and Cleartrack Information Network, a leader in supply chain visibility, today announced a strategic partnership to deliver end-to-end online procurement and distribution services that manage the entire procurement supply chain, from supplier negotiations to dock delivery and post-delivery analysis. The combined services are currently being introduced to Cleartrack and intesource clients within the grocery and healthcare industries, which may begin to realize a return on investment from the integrated solution within 90 days.
“Our respective customers are asking for an end-to-end solution. By combining intesource and Cleartrack capabilities, our customers can pick a supplier, place an order, fill the crate, load the truck and line the shelf in one-tenth the traditional procurement time,” said Oren Davis, CEO and founder of intesource. “Cleartrack is emerging as a leader in online supply chain visibility, making it a natural partner for intesource.”
The partnership creates a “best of breed” solution resulting in significant advantages and efficiencies to the current paper-based methods of conducting business, such as reducing overall procurement time, saving money and providing real-time access to information and analysis, all while maximizing existing buyer/supplier/distribution relationships.
Services will be delivered though a hosted application that begins with preparations for an online procurement event and manages the entire procurement and shipping process, through load tendering, tracking, alerts, notifications, delivery, closure, reporting and analysis of both the supplier and shipper(s).
“intesource has developed a service that complements Cleartrack’s Hawk Visibility Software. We have a solution that creates a virtual and seamless hand-off between online procurement and distribution services,” said Harry Allan IV, CEO of Cleartrack. “Together, our companies can offer a unique solution to the grocery and healthcare industries.”
About Cleartrack Information Network, Inc.
Cleartrack Information Network Inc. is a proven supply chain event management (SCEM) service for companies with national and multinational shipping needs. Cleartrack’s product, Hawk Next Generation Visibility™ monitors shipments with real-time visibility, sends immediate alert notifications about a shipment’s status, allows decision-makers to assess shipment problems on an exception basis, change action, and measure a supply chain’s performance, all in one secure location. Hawk Visibility enables businesses to monitor, manage and evaluate their supply chain from beginning to end, resulting in operating efficiencies and demonstrated cost savings. Cleartrack’s Application Service Provider (ASP) model is easy to implement and provides a quick return on investment. For additional information, please visit www.cleartrack.com.
intesource, headquartered in Phoenix, Ariz., provides a Web venue for buyers and sellers to negotiate procurement contracts, replenishment and spot purchases in real time and for buyers to view price lists. intesource automates buyers’ and sellers’ existing procurement processes, prompting shorter sales cycles and better value. intesource’s client services staff trains and educates buyers and suppliers for the online negotiations and collaborates with the buyer to achieve his objectives and with the supplier to differentiate his presented offer not just on price, but on overall value. intesource customers include Winn-Dixie, Bashas, Food Land and Consorta Catholic Resource Partners. For more information, go to www.intesource.com