SOURCE: iTradeNetwork, Inc.

iTradeNetwork, Inc.

October 14, 2010 11:25 ET

Metro Inc. Selects iTradeNetwork for Fresh Food Collaborative Solutions

PLEASANTON, CA--(Marketwire - October 14, 2010) -  iTradeNetwork, Inc. ("ITN") the leading provider of global supply chain solutions for the food industry announced today that it signed a multi-year agreement with Metro, Inc. ("Metro") to provide ITN's collaborative solutions for fresh food. Through this innovative program, Metro will collaborate in near real-time with hundreds of its supply chain partners.

"The decision to select ITN is part of Metro's long-term strategy to capitalize on operational efficiencies," said Robert Sawyer, Executive Vice-President and Chief Operating Officer of Metro. "As one of Canada's leading grocers, we pride ourselves in offering our customers the best in quality products and outstanding customer service. In order to respond to the needs of today's newness-obsessed customers, today we purchase product from more than 45 different countries. We found that ITN's successful track record delivered the confidence we believe will help Metro meet our customer promise, while also making it easier for our valued supply chain partners to do business with us."

Robert Bonavito, President of ITN said: "We are proud to be entering into this relationship with Metro which further expands our presence in the Canadian marketplace. Our software-as-a-service ('SAAS') solutions continue to provide significant and rapid operational improvements for vendors, suppliers and other trading partners within the global food industry. ITN's solutions both complement and extend current legacy/ERP systems through a single integration that connects them to all of their important supply chain partners."

About Metro Inc.
With over $11 billion in annual sales and more than 65,000 employees, Metro Inc. is a leader in the food and pharmaceutical sectors in Quebec and Ontario, where it operates a network of some 600 grocery stores under several banners, including Metro, Metro Plus, Super C and Food Basics, as well as over 250 pharmacies, mainly under the Brunet, The Pharmacy and Drug Basics banners.

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. For more information, visit www.itradenetwork.com

Contact Information

  • Contacts:
    Ann Walker
    iTradeNetwork, Inc.
    925-660-1067
    Email Contact

    Marie-Claude Bacon
    Metro, Inc.
    Director, Corporate Affairs
    514-643-1086
    Email Contact