Tyson Subscribes to UCCnet Services to Improve Supply Chain Efficiencies
Retail and Foodservice Market Leader Supports Important Industry Initiative by Implementing New Technology Solution
LAWRENCEVILLE, NJ November 24, 2003 – UCCnet, an organization that provides item registry and data synchronization services in accordance with global standards, announced today that Tyson
Foods - the world’s largest producer of chicken, beef and pork - has implemented a trading partner collaboration initiative designed to enhance relationships with suppliers and improve accuracy of its product and location information in the supply chain. As part of the initial phase of the initiative, Tyson will begin registering and synchronizing item and company data for its products by using the UCCnet GLOBALregistry“ service and UCCnet SYNCengine‘ services. Tyson joins nearly 2,000 other supply and demand side trading partners as members of the UCCnet community.
According to Bob Corscadden, Senior Vice President and Chief Marketing Officer of Tyson, UCCnet services will allow the company to improve the accuracy of its product information between trading partners by enabling associates to collect new and update existing item information in an electronic format. "Tyson Foods has clearly established itself as a leader among the protein companies," said Corscadden. "We see our partnership with UCCnet as another step toward bringing innovation to our market segment and continually improving our value to our customers."
"We are extremely excited about Tyson’s global commitment to UCCnet," said Rhonda B. Horn, Senior Vice President, Business Development, UCCnet. "Their leadership in adopting standards-based services for collaborative commerce and in further enhancing our current variable weight capabilities play a pivotal role in continuing to achieve critical mass globally for the UCCnet community, ultimately strengthening UCCnet’s direct business benefits for manufacturers and retailers of all sizes."
UCCnet services will enable suppliers and their retail partners to reduce costly administrative errors in invoice pricing, purchase orders, product delivery and improve scanning accuracy. In addition, companies will be able to increase the speed of getting new products to market and facilitate continuous exchange of changes to existing item information. Synchronized data in a standard format also provides a solid foundation for realizing the true cost savings value of more advanced e-commerce tools such as scan-based trading and Collaborative Planning Forecasting and Replenishment (CPFR®).
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About UCCnet
UCCnet enables the registration and publication of product information (such as weight and dimensions) by providing a global repository for standardized item, location and trading partner data. Suppliers provide item, location and trading partner information to the UCCnet GLOBALregistry service. UCCnet SYNCengine services then check the data for compliance to EANoUCC standards and validate the data with demand side partners, ensuring that all trading partners are using identical, updated, EANoUCC standards-compliant data. UCCnet is a not-for-profit subsidiary of the Uniform Code Council, Inc. Visit www.uccnet.org for more information.
About Tyson Foods, Inc.
Tyson Foods, Inc., founded in 1935 with headquarters in Springdale, Arkansas, is the world’s largest processor and marketer of chicken, beef and pork, and the second largest food company in the Fortune 500. Tyson Foods produces a wide variety of brand name protein-based and prepared food products marketed in the United States and more than 80 countries around the world. Tyson Foods is the recognized market leader in the retail and foodservice markets it serves. The Company has approximately 110,000 team members and 300 facilities and offices in 27 states and 22 countries.
Media Contacts:
Jack Grasso
Director, Public Relations
Uniform Code Council
609.620.4555
jgrasso@uc-council.org
Ed Nicholson
Director of Media and Community Relations
Tyson Foods, Inc.
479.290.4591
ed.nicholson@tyson.com
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