| |
Acorn Systems Profit Analytics Software Selected by SUPERVALUHouston, TX — February 11, 2004 —Acorn Systems announced today that SUPERVALU INC. has selected Acorn Systems Profit Analyzer™ software, to provide profitability analysis and improvement capabilities for their distribution operations. Named Retail Company of the year by Grocery Headquarters Magazine, SUPERVALU ships more than 1 billion cases each year to its 1,358 retail locations that make SUPERVALU the 10th largest grocery retailer in the U.S. The solution will enable SUPERVALU to replace it’s current customer profitability package.Profit Analyzer’s advanced analytics is not only able to replace the critical functionality, but it will also do it faster, easier, with less maintenance and human intervention and a clear growth potential to expand capabilities when needed. Profit Analyzer solution allows for analyzing detailed route and warehouse costs that can be quickly and easily aggregated by store, distribution center or customer segment for executive level decision-making. With millions of different suppliers, products, customers and facilities, understanding the specific Net Profit impact of business decisions is extremely complex but is a crucial component to enabling management with the information they need to operate even more competitively in their markets. “SUPERVALU conducted a highly comprehensive and competitive review of this critical business need and found that Acorn Systems beat all the other well recognized players in the industry,” said Candis Johnson, Manager of Distribution Analysis. “Acorn Systems Profit Analyzer software went through a rigorous Proof of Concept in which it was required to accurately duplicate a collection of results from SUPERVALU’s existing system. Acorn Systems was the only provider that successfully got them all right. Acorn Systems was the only vendor to satisfy all the business requirements.” “For companies such as SUPERVALU with high order volume, a large number of customers and products, Acorn Systems provides a great solution for multi-dimensional cost and profitability analysis,” said Scott Wallace, Partner, Finance Transformation, Deloitte & Touche. "Acorn Systems Profit Analysis and Improvement software is being increasingly adopted by companies who are most responsive to their shareholders desire for greater business visibility, accountability, control and precision,” said J. Alex Fernandez, COO of Acorn Systems. “With SUPERVALU we have the opportunity to replace an extremely advanced internally developed costing system, to reduce required maintenance and speed up reporting. It is a real pleasure to work with a company like Supervalu, that knows how to leverage the power of accurate Net Profitability Analytics for greater control of their business.” About SUPERVALU INC. About Acorn Systems Forward-looking statements in this news release, if any, are made under the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Certain important factors could cause results to differ materially from those anticipated by such forward-looking statements, including the impact of competition, the nature and extent of the consolidation of the retail food and food distribution industries, the ability to attract and retain customers for the Company's food distribution operations and to control food distribution costs, the ability of the Company to grow through acquisition and assimilate the acquired entities, the execution of restructuring activities, potential work disruptions from labor disputes or national emergencies, the availability of favorable credit and trade terms, food price changes, general economic or political conditions that affect consumer buying habits generally or acts of terror directed at the food industry that affects consumer behavior, other risk factors inherent in the food distribution and retail businesses and other factors discussed from time to time in reports filed by the Company with the Securities and Exchange Commission. SOURCE SUPERVALU INC. |
|
| |
