iTradeNetwork Signs Contract with Anheuser-Busch InBev
PLEASANTON, CA. – June 3rd, 2009
Anheuser-Busch InBev (Euronext: ABI) has signed a contract with iTradeNetwork, Inc. (ITN), the leading global provider of on-demand supply chain management and intelligence solutions to the food & beverage industry. ITN will provide InBev with an on-demand procurement solution for its UK retail and operator customers.
"Using ITN’s procurement solution we will offer our customers the high standard of online service that they expect from one of the world's top five consumer products companies and the world’s leading brewer," said Alistair Kemp, Trade Market & Technical Sales Director . "Our customers are telling us they want to trade with us online, and we are looking forward to an ambitious rollout plan in 2009."
InBev UK offers a full portfolio of beers, wines, spirits and soft drinks to the hospitality market in the UK, including leading brands Budweiser®, Stella Artois®, Brahma®, Beck's® and Leffe®. ITN will deliver the technology platform and a range of support services to provide a full online transactional service to pubs, restaurants, hotels and other leisure outlets.
"iTradeNetwork is unquestionably the right partner," continued Kemp. "Not only do they have expertise in the beer, wine and spirits sector, and a clear track record in the UK, they also bring the scale and resources one can only get from a truly global technology partner."
"We are delighted that Anheuser-Busch InBev has chosen iTradeNetwork as their UK partner," commented Rob Bonavito, CEO of ITN. "They join a growing list of global retail brands that are using iTradeNetwork."
About Anheuser-Busch InBev UK:
Anheuser-Busch InBev is a publicly traded company (Euronext: ABI) based in Leuven, Belgium. It is the leading global brewer and one of the world's top five consumer products companies. A true consumer-centric, sales driven company, Anheuser-Busch InBev manages a portfolio of nearly 300 brands that includes global flagship brands Budweiser, Stella Artois and Beck’s, fast growing multi-country Brands like Leffe and Hoegaarden, and strong "local jewels" such as Bud Light, Skol, Brahma, Quilmes, Michelob, Harbin, Sedrin, Cass, Klinskoye, Sibirskaya Korona, Chernigivske, and Jupiler, among others. In addition, the company owns a 50 percent share in Grupo Modelo, Mexico's leading brewer and owner of the global Corona brand. Anheuser-Busch InBev’s dedication to heritage and quality is rooted in brewing traditions that originate from the Den Hoorn brewery in Leuven, Belgium, dating back to 1366 and the pioneering spirit of the Anheuser & Co brewery, established in 1860 in St. Louis, USA. Geographically diversified with a balanced exposure to developed and developing markets, Anheuser-Busch InBev leverages the collective strengths of its 120,000 employees based in operations in over 30 countries across the world. The company strives to be the Best Beer Company in a Better World. On a pro-forma basis for 2008, the combined company would have generated revenues of 26.5 billion euro.
For more information, please visit: www.ab-inbev.com
About iTradeNetwork, Inc.:
iTradeNetwork, Inc. is the leading global provider of on-demand supply chain management and intelligence solutions to the food industry. Built upon deep industry expertise, a rich data foundation and the industry's most extensive trading partner network, ITN's collaborative solutions allow distributors, manufacturers, operators and retailers of all sizes to reduce cost, grow revenue and strengthen trading partner relationships. Today, ITN's growing customer list includes over 5,500 global companies such as Ben E. Keith, BidVest 3663, CKE Restaurants, ConAgra Foods, Inc., General Mills, Kroger, Independent Purchasing Cooperative (IPC) for SUBWAY®, Intercontinental Hotels, PFG, Safeway, Sodexo, SYSCO and UniPro. ITN has offices in Pleasanton and San Mateo, California, Boise, Idaho and Burton and Stokenchurch, Great Britain.
For more information, visit: www.itradenetwork.com
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