Companies can add millions of dollars to their annual revenues by developing and adopting a proactive value recovery process. We are pleased to be able to share the success stories of industry leaders at such a large and highly respected global conference.
San Jose, CA (PRWEB) August 11, 2008
FreeFlow, an award-winning provider of hosted inventory asset management solutions, today announced that John Kenny, the President of FreeFlow, together with Dan Gilbert, vice president, Supply Chain Field Operations at Cisco, will co-chair an exclusive track at the prestigious 2008 Annual Global Conference of the Council of Supply Chain Management Professionals (CSCMP) to take place October 5-8 in Denver, Colorado. Recognizing the significant shift for OEMs, retailers and service providers to manage "reverse logistics" as a profit operation rather than a cost center, CSCMP has dedicated an entire track titled, "Reverse Logistics and Value Recovery: Turning Costs into Profits." Mr. Kenny and Mr. Gilbert will co-chair the entire track consisting of nine separate sessions. The track will feature speakers and panelists from leading companies who will describe how they offset the cost of returns by creating new revenue streams, enabling internal re-use of at-risk inventories, which consist of returned goods, trade-ins, excess and obsolete FGI and excess components.
Mr. Gilbert will kick off the track as the main speaker on October 6th, and address maximizing shareholder value, improving customer satisfaction, and promoting environmental responsibility through an effective value-recovery effort.
FreeFlow brings its expertise on value recovery to the October worldwide venue, assembling a range of diverse case studies demonstrating the strategy, process, and results associated with a company's shift in management philosophy of reverse logistics. "Thousands of product categories have value beyond their initial use," stated Mr. Kenny. "Companies can add millions of dollars to their annual revenues by developing and adopting a proactive value recovery process. We are pleased to be able to share the success stories of industry leaders at such a large and highly respected global conference."
FreeFlow's operational sites, including FreeFlowMarketplace.com and numerous additional private-labeled platforms, combine the power of the Internet with business services to proactively manage slow-moving, aging or obsolete inventories. FreeFlow's automated solutions help customers implement operational processes designed to maximize asset recovery and profitability, increase inventory cycle turns while avoiding channel conflict, and reduce overall reverse logistics costs.
Founded in 1963, the Council of Supply Chain Management Professionals (CSCMP) is the preeminent association for individuals involved in supply chain management. CSCMP provides educational, career development, and networking opportunities to its over 9,000 members and to the entire profession. CSCMP was originally founded as the National Council of Physical Distribution Management (NCPDM) in January 1963. NCPDM was formed by a visionary group of educators, consultants, and managers who envisioned the integration of transportation, warehousing, and inventory as the future of the discipline. At that time, physical distribution was just beginning to edge its way into the corporate lexicon and make its considerable presence felt in the business community. In 1985, recognizing the growing field of logistics, the association's focus broadened as it changed its name to the Council of Logistics Management (CLM). It stayed that way until 2004 when CLM's Executive Committee voted to become CSCMP, effective in 2005.
Founded in 2001, FreeFlow improves its customers' product profitability by helping them identify excess and at-risk inventory and dispositioning the inventory through the channel mechanism most appropriate to that asset. Some of FreeFlow's industry leading customers include Apple, Creative Labs and SanDisk. FreeFlow's leadership in the supply chain arena has been recognized with a string of industry awards, including Gartner's Cool Vendors in Supply Chain Management and Procurement, Global Logistics and Supply Chain Strategies magazine's Top Supply Chain Partners, Manufacturing Business Technology magazine's Top 40 Emerging Software Vendors, and Start-IT Magazine's Top Companies to Watch. Privately-held, FreeFlow has headquarters in San Jose, California and Tralee, Ireland, with offices throughout the U.S., Europe, and Asia. For more information, please visit http://www.FreeFlow.com.
carmen @ ignitepr.com