SOURCE: iTradeNetwork, Inc.

iTradeNetwork, Inc.

August 24, 2015 16:27 ET

Source1 to Achieve Better Supply Chain Visibility With iTradeNetwork Solutions

SaaS Provider Adds Growth Stage Customers at Record Pace, Sees Demand for Comprehensive Solutions Designed to Enhance Supply Chain Visibility and Control

DUBLIN, CA--(Marketwired - August 24, 2015) - iTradeNetwork™, the global leader in end-to-end supply chain solutions for the food and beverage industry, today announced that Source1 Purchasing, the leading purchasing company providing custom group buying and procurement programs for hospitality and foodservice operations, has selected its Spend Management solution to provide purchasing teams with system-wide visibility into unit purchases.

"Partnering with iTrade was a no-brainer decision for us. We needed to work with a solution provider who has experience in our industry and who has the ability to provide world-class reporting tools on our supply chain data," said Bob Bassett, Chief Operating Officer at Source1 Purchasing. "Our Clients vary widely in their business operations and data needs, they will benefit greatly with our iTrade partnership. And as our company grows those benefits will only continue to increase."

With Spend Management, Source1 will have a solution that provides real-time visibility into unit level purchasing and flexible reporting tools to analyze spend, monitor product and pricing compliance and identify product consolidation opportunities.

"Our company mission is to provide solutions that simplify processes across the supply chain, starting with the manufacturer, through distributions and ultimately into the units and the hands of the consumer," said Joe Bergera, President at iTradeNetwork. "The services and Spend Management solution we are providing to Source1 is a great example of how that process creates shared value to benefit the client at the end of the chain."

About Source 1 Purchasing

Founded in 1997, Source1 Purchasing is a purchasing services organization with $7 billion in purchasing power. Source1 specializes in providing cost management, savings, and operational efficiencies for lodging, leisure, restaurant and gaming industries, helping operators increase profits through purchasing. The award-winning Source1 team creates solutions that empower operators of all sizes to reduce costs, ensure consistent product quality, and achieve higher customer satisfaction. For more information visit www.source1purchasing.com or call (877) 717-5566.

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, iTradeNetwork's collaborative solutions allow distributors, manufacturers, operators, retailers, suppliers and wholesalers of all sizes to reduce cost, grow revenue and strengthen trading partner relationships. iTradeNetwork is a unit of Roper Technologies, a Standard and Poor's S&P 500 index company.

Contact Information

  • iTradeNetwork Media Contact:
    Ann Walker
    925-660-1100
    Email contact