SOURCE: GT Nexus

GT Nexus

May 03, 2011 07:25 ET

Del Monte Foods Expands Business With GT Nexus

New Services Enhancing Inventory Visibility, Supplier Collaboration, ISF Compliance and Trade Document Automation

OAKLAND, CA--(Marketwire - May 3, 2011) - GT Nexus today announced that Del Monte Foods, one of the largest and most well-known producers, distributors and marketers of premium quality, branded food and pet products for the U.S. retail market, has enhanced the capabilities of its global supply chain operating platform -- a cloud-based technology service delivered on the GT Nexus trade and logistics platform. Since 2007, Del Monte has used GT Nexus as its global transportation management system of record. The expanded services take the solution a step further by automating the inventory and document management processes between Del Monte and its international supplier community.

"Our international supply chain is an important area of focus," said Robert Lim, Vice President, Demand and Supply Planning, Del Monte Foods. "GT Nexus has delivered strong results for our transportation services organization, so we turned to it to help enhance the company's inventory tracking and customs compliance processes. GT Nexus is now helping drive efficiency with the way we work with suppliers."

"We have had a great working relationship with Del Monte over the past few years," said Greg Johnsen, EVP and co-founder at GT Nexus. "We were thrilled to work with them to increase the company's inventory control and we are looking forward to helping them drive more costs out of their supply chain."

Delivered through the same Web platform that Del Monte uses for its ocean freight management, the new capabilities provide views and controls to support orders, inventory, shipment plans and trade documentation. Capabilities include:

  • Enhanced inventory visibility -- across transport modes, from order to final destination
  • Trade document automation
  • Importer Security Filing (ISF) technology
  • Supplier collaboration and order management
  • Shipment planning at origin

"Along with a number of other tools we have implemented, these new capabilities have injected an additional level of transparency and control into our supply chain," said Lim. "We are driving value through lower safety stock levels, cycle time reduction, ISF risk mitigation and demurrage fee reductions."

GT Nexus is also serving as Del Monte's central supply chain information hub for managing international shipments. The system captures real time status information and digitized documents from suppliers, carriers, logistics providers, brokers and the US government. The data is standardized online and available to a broad spectrum of users across the company. This information is a searchable and measurable record of activities in the Del Monte supply chain.

About Del Monte Foods
Del Monte Foods is one of the country's largest and most well-known producers, distributors and marketers of premium quality, branded pet products and food products for the U.S. retail market, generating approximately $3.7 billion in net sales in fiscal 2010. With a powerful portfolio of brands, Del Monte products are found in eight out of ten U.S. households. Pet food and pet snacks brands include Meow Mix®, Kibbles 'n Bits®, Milk-Bone®, 9Lives®,Pup-Peroni®, Gravy Train®, Nature's Recipe®, Canine Carry-Outs® and other brand names. Food product brands include Del Monte®, Contadina®, S&W®, College Inn® and other brand names. The Company also produces and distributes private label pet products and food products. For more information on Del Monte Foods Company, visit the Company's website at www.delmonte.com.

About GT Nexus
GT Nexus offers a cloud-based platform that the world's biggest companies use to drive efficiency and agility across the global supply chain. More than 15,000 organizations from all areas of the value chain are on GT Nexus today. Retailers, manufacturers, logistics providers and banks all operate against a core set of information across multiple trade and logistics functions to optimize the flow of goods and trade information, from order point to final payment. Customers include Xerox, Liz Claiborne, Nestlé, DHL, Sears, Caterpillar, Rhodia and The Home Depot. For information, visit www.gtnexus.com.

Contact Information