Kroger Uses Elogex in Battle for Consumer Spend
Contact: Jennifer Bonk, Elogex, Inc.
704-227-1982 or jbonk@elogex.com
U.S. Grocery Giant Expands Use of Web-Based Logistics Solution
CHARLOTTE, N.C. (March 17, 2003) -- Elogex, Inc., a leading innovator of network-based supply chain process solutions, announced today that The Kroger Co. (NYSE:KR) has signed a multi-year, enterprise-wide agreement to expand its use of the Elogex OneNetwork™. Kroger has been using the system for the past year across select distribution centers and will now extend the solution to support the entire company.
Kroger went live with the Elogex OneNetwork in less than 90 days and quickly generated process improvements and bottom-line results that encouraged the company to implement across its enterprise. Kroger is also implementing automated on-line appointment scheduling in order to reduce time and costs associated with the order shipment lifecycle.
The Elogex OneNetwork -- a web-based platform to manage logistics planning and execution -- enables increased visibility to reduce supply chain costs and increase service levels. The solution allows companies to move beyond the capabilities of traditional transportation management systems to reach across its enterprises to link processes and people. Companies can inter-network between shipping and receiving departments; customer sales representatives can confirm orders with merchandising; and retailers, manufacturers and carriers can streamline processes across one common platform.
"Kroger has a 120-year heritage of leadership in the grocery market by consistently making smart, forward-thinking business process decisions," said Travis Parsons, president and CEO of Elogex. "Kroger chose to extend their usage because they surpassed their projected return and consistently hit implementation milestones; the fact that Kroger exceeded their expected ROI is additional validation of the value that our logistics platform can provide."
About The Kroger Co.
Headquartered in Cincinnati, Ohio, Kroger is one of the nation’s largest retail grocery chains. At the end of the third quarter of fiscal 2002, the Company operated (either directly or through its subsidiaries) 2,461 supermarkets and multi-department stores in 32 states under approximately two dozen banners including Kroger, Ralphs, Fred Meyer, Food 4 Less, King Soopers, Smith’s, Fry’s and Fry’s Marketplace, Dillons, QFC and City Market. Kroger also operates (either directly or through its subsidiaries) 783 convenience stores, 441 fine jewelry stores, 341 supermarket fuel centers and 41 food processing plants. For more information about Kroger, please visit our web site at www.kroger.com .
About Elogex, Inc.
Elogex provides network-based logistics solutions to the consumer goods supply chain. By combining the visibility of a Net-native platform with the applications to drive real business value, Elogex enables all participants in a supply chain to realize breakthrough cost savings with a unique network approach. Elogex clients, which include North American retailers, major consumer goods manufacturers, distributors and transportation service providers, use the Elogex OneNetwork™ as a standard to achieve greater alignment of logistics processes across an organization and between trading partners. For more information, visit us at www.elogex.com or call 866-302-1936.
All registered and unregistered trademarks mentioned in this release are the property of their respective owners.
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