PLEASANTON, CA--(Marketwired - Jan 29, 2014) - iTradeNetwork, the leading provider of SaaS-based supply chain optimization solutions to the food industry, today announced a partnership with Sprouts Farmers Market. Sprouts is a specialty retailer of natural and organic food at great prices. It offers a complete shopping experience that includes fresh produce, bulk foods, vitamins and supplements, packaged groceries, meat and seafood, baked goods, dairy products, frozen foods, natural body care, and household items, catering to consumers' growing interest in health and wellness. Headquartered in Phoenix, Arizona, Sprouts employs more than 14,000 team members and operates 170 stores.
The relationship incorporates iTradeNetwork's procurement, order management, forecasting, and reporting solutions into Sprouts' perishables and bulk products categories. This real-time supply chain data and visibility will enable Sprouts to manage inbound supply chain processes more efficiently and optimize demand planning for its growing business.
"iTradeNetwork values close customer relationships, and we are thrilled to be working with Sprouts Farmers Market," said iTradeNetwork President Joe Bergera. "Sprouts has brought an innovative retail concept to the natural foods segment, and we are excited to collaborate with this dynamic new retail customer."
"Sprouts' proven success has been driven by the ability to always provide quality and freshness to our customers at a great value. As we expand and become a nationwide company, it is critical that we adopt the best technology in order to continue to meet our high standards and deliver the quality that our customers have come to expect," said Jim Nielsen, Chief Operating Officer, Sprouts Farmers Market. "Therefore, we went through a comprehensive vetting process to ensure we implemented the best supply chain optimization solution to meet our speed-to-market needs. I'm confident that iTradeNetwork's proven track record, technological resources, knowledge, and vision make them the right partner for Sprouts as we keep growing as one of the leaders in the natural and organic industry."
About iTradeNetwork, Inc.
iTradeNetwork, Inc. is the leading global provider of on-demand supply chain management 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 cost, 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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