Bunzl Distribution USA, Inc. and iTradeNetwork Extend Business Relationship Across North America
Expansion Includes the implementation of ITN's Branded Procurement for Bunzl Customer Online Ordering, Expanded Order Management/EDI with all Bunzl Suppliers, as well as planning for the implementation of ITN GDSN Data Pool Services
Pleasanton, CA November 9, 2011
iTradeNetwork (ITN), the leading global provider of on-demand supply chain management and intelligence solutions to the food industry, today announced a multi-year contract extension with its long-standing customer Bunzl Distribution USA, Inc. (Bunzl), the largest division of Bunzl , PLC based in London. The expanded relationship includes Bunzl planning the migration to ITN's GDSN Data Pool to insure clean data, while immediately expanding the use of ITN's Order Management/EDI solution with suppliers as well as the use of ITN's Branded Procurement customer online ordering solution.
"We are pleased to embark on this next phase of business relationship growth with iTradeNetwork," said Bunzl Distribution President and CEO Patrick Larmon. "Through the partnership of our teams, Bunzl's goal is to continue to grow our use of ITN's solutions while leveraging our nationwide distribution network and national accounts expertise to help customers and suppliers reduce their supply chain costs while enhancing our customers' satisfaction levels."
"Our commitment to delivering ongoing value to our customers has made our customer renewal and program growth rates extremely high. We are proud to continue to serve Bunzl," said Rob Bonavito, President of iTradeNetwork. "Now more than ever we are seeing our customers seek a single source for synchronized data to power core supply chain processes and customer-facing solutions. We are pleased that ITN's continuous improvement efforts align with Bunzl's strategic direction."
About Bunzl Distribution USA, Inc.
Bunzl Distribution USA, Inc. supplies a range of products including outsourced food packaging, disposable supplies, and cleaning and safety products to food processors, supermarkets, retailers, convenience stores and other users. Based in St. Louis, Missouri, Bunzl Distribution is the largest division of Bunzl plc, an international distribution and outsourcing group headquartered in London. Bunzl Distribution owns and operates more than 70 warehouses that serve all 50 states and Puerto Rico, as well as Canada, the Caribbean and parts of Mexico. With more than 3,200 employees and 450,000-plus supply items, Bunzl is regarded as a leading supplier in North America. Worldwide sales are in excess of $7 billion. For more information, visit www.bunzldistribution.com
iTradeNetwork, Inc. is the leading global provider of on-demand supply chain management, GDSN data pool and intelligence solutions to the retail, hospitality and foodservice industries. Built upon deep industry expertise, a rich data foundation and an extensive trading partner network, ITN's collaborative solutions allow distributors, manufacturers, operators, retailers, suppliers and wholesalers of all sizes to reduce costs, grow revenue and strengthen trading partner relationships. ITN is a unit of Roper Industries, a Standard and Poor's S&P 500 index company.
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