October 16, 2000
TYSON FOODS FRESH MEAT GROUP MOVES TO FULL INTEGRATION WITH ITRADENETWORK E-BUSINESS SOLUTION
World's Largest Processor Selects ITN as Technology Partner
Livermore, CA. October 16, 2002. iTradeNetwork announced today receipt of a purchase order for integration from Tyson Foods Fresh Meat Group. The integration would allow Tyson to electronically manage and facilitate the sales and purchase orders received and negotiated on the iTradeNetwork platform by Tyson sales teams to 'talk' to Tyson Food Fresh Meat Groups's legacy order management systems. The integration will improve the efficiency and effectiveness of the Procurement process.
"Tyson Foods Fresh Meats Group leads the industry in the use of automated equipment and computerization. We focus on efficiency enhancement, quality and attention to detail. This ITN solution is an important tool that allows us to operate in a more efficient manner in our negotiation and processing of orders with our major customers, said Charlie Mostek, Senior Vice President.
"We are delighted to be working with Tyson Foods and look forward to a long-term partnership. ITN will continue to focus on rolling out our solution throughout the meat industry, most recently announcing Cargill Excel, ConAgra, Nebraska Beef, Gold Kist, Weinstein, Farmland National Beef, Lincoln Provision, Sam Kane, Brawley Beef, Aurora Packing and others," said Robert Bonavito, CEO, iTradeNetwork.
About iTradeNetwork:
iTradeNetwork, is a privately held company that provides collaborative workflow solutions (Procurement, Logistics, Promotion, Demand Forecast, VMI, Financial Services and Content) for the food industry and low cost integration to customers legacy systems. iTradeNetwork's e-business solutions are being utilized by 38% of the U.S. Retail Grocery and Foodservice Industries with over 1,700 customers.
About Tyson Foods, Inc.
Tyson Foods, Inc., founded in 1935 with headquarters in Springdale, Arkansas, is the world's largest processor and marketer of beef, chicken and pork. Tyson Foods produces a wide variety of brand name, processed food products and is the recognized market leader in almost every retail and foodservice market it serves. The Company has approximately 118,000 team members and 300 facilities and offices in 29 states and 22 countries.
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