Agribuys Fresh Foods Link™ Version 10.5 Ships, Delivering the Fresh Foods Industry’s Most Complete Supply Chain Solution Offering
New quality control, transportation management and promotions management functionality embodied in Version 10.5 extend the capabilities of the world’s most capable supply chain solution offering into new areas.
TORRANCE, CALIF, (November 4, 2002) – Agribuys, the leading provider of Supply Chain Management software and services targeted specifically at the fresh foods industry, has unveiled their latest version of Fresh Foods Link™ . With a new name and even newer functionality, Version 10.5 adds new capabilities to the product, which is already widely acknowledged as the most capable fresh foods solution in the world. These advanced features will improve and simplify quality control procedures while extending transportation management functionality to accommodate food warehousing and cross-dock operations. It also adds a new promotions management capability, providing a more flexible system for shippers to support advertising specials for fresh foods within standard corporate business rules and practices.
“Our initial decision to develop Fresh Foods Link™ in-house from scratch, rather than try to integrate disparate commercially available modules, continues to pay significant dividends to our grocery industry customers,” said Vijay Yajnik, Agribuys CEO and president of Agribuys. “Not only have we been able to introduce major enhancements to the platform exactly tailored to procedures and practices in the fresh foods business on a regular quarterly cadence for the past three years, we have also been able to add special modules rapidly, meeting the exacting needs of major customers like Ahold for custom functionality and/or ease of integration.”
Agribuys CTO, Dhruba Kalita, added, “Our innovative global software development and testing process, based on technical resources in both the U.S. and India, will enable us to continue to economically expand the capabilities and functionality of our platform for some time to come.”
“Our new name Fresh Foods Link™ more accurately and completely describes what our solution does – link all participants of the fresh foods supply chain together via robust internet based software. Version 10.5 also enables a better modular offering. The modules are Order-link, Logistics-Link, and Delivery-Link. Each of these modules can be purchased individually or collective to allow retailers, supplier and carries of fresh foods to implement at their own pace,” said Laurence Sotsky, Vice President of Sales and Marketing.
Specifically, the newest release adds the following functionality:
· Extensions to the Logistics-Link™ transportation manager allowing grocery buyers to also become sellers and set up a complete wholesale channel for a range of customers;
· Functionality within the Receiver-Link™ allowing retail grocers to implement efficient cross-dock operations for fresh food, using a new incoming/outgoing inventory control capability to receive bulk produce, perform quality control inspections, and then create numerous small lots for delivery to their branch stores or customers;
· A number of improvements for quality control information flow in the Order-Link™ module facilitating communications among shippers and buyers to speed invoice reconciliation, including the ability to create score cards for various products; and
· A new promotion tracker system will allow retail grocers to tie their pricing policies and inventories directly to their planned advertising programs, by providing improved and more flexible information flow within the Logistics-Link™ system for shippers to ensure adequate supplies of special or discounted items on the shelves at the right time.
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About Agribuys
Agribuys is the leading provider of Supply Chain Management software and services targeted specifically at the fresh foods industry. Agribuys’ main product -- Fresh Foods Link™ -- contains three primary modules; Order-Link™, Receiver-Link™, and Logistics-Link™. These solutions improve the way organizations carry out transactions, use real-time information to make decisions, and build relationships with their supply chain partners. Based in California, with offices in Australia, Asia, Canada, and Europe, Agribuys is rapidly expanding to further broaden its global procurement platform. The company is backed by Rustic Canyon Ventures and Internet Capital Group (NASDAQ: ICGE). Its strategic partners include the WorldWide Retail Exchange (WWRE), the premier Internet-based business-to-business (B2B) exchange for retailers and their suppliers. The WWRE currently has 62 members and is the largest retail consortium in the world with combined member sales of U.S. $855 billion. For more information, visit the company’s website at www.agribuys.com or call 877.499.3052.
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