Precise promotional forecasting and advanced projections capabilities will allow us to profitably execute supply chain operations...
Atlanta, GA & Lillestrøm, Norway (PRWEB) April 02, 2014
Blue Ridge, a leading global provider of Cloud supply chain planning solutions, today announced Engrospartner has selected the company’s demand-driven forecasting, planning and replenishment solutions. The convenience distributor will also implement the Blue Ridge Supply Chain Analytics solution. Engrospartner expects to enhance growth by increasing profitability and cash flow and ensuring exceptional service levels.
Engrospartner saw significant value in the solutions’ ability to precisely align inventory levels with demand and optimize overall supply chain profitability. “We are looking forward to a system that will allow us to take full advantage of the industry trends at hand as well as future growth opportunities,” stated Peter Stangeland, Director of Sales and Purchasing at Engrospartner. “Precise promotional forecasting and advanced projections capabilities will allow us to profitably execute supply chain operations, while fulfilling our goal to provide industry-leading customer service.”
Management at Engrospartner recognized strategic value in launching the Blue Ridge solutions. “We see the selection as a step into the future of supply chain management. Our vision is to use supply chain innovation to fuel long-term growth with improved cash flow,” added Beate Storsul, CEO at Engrospartner. She went on to say, “A results-driven, quick-to-implement Cloud solution will be essential to achieving that vision.”
Engrospartner is Norway’s only wholesaler that specializes in the distribution of convenience goods across the entire country. Some of Engrospartner’s key customers include 7-Eleven, Shell 7-Eleven, YX gas stations, and Narvesen. The company is a subsidiary of Rema Distribusjon Norge AS, the distribution arm of Rema 1000, which services over 550 stores. Last year, Rema Distribusjon Norge AS reached 34 billion NOK in revenue (5.6 billion USD).
Blue Ridge expects the vision and leadership of Engrospartner will escalate the wholesaler’s position to an elite status. “Beate and Peter understand in order to capitalize on growth, an innovative supply chain strategy must be in place. I am certain under their leadership they will advance the company to an exclusive category,” stated Sverre Rosmo, CEO at Inventory Investment AS (Blue Ridge’ implementation and education partner in Norway). “We fully expect to the team at Engrospartner to achieve even greater profitability, cash flow and service levels in a matter of months. We look forward to a long and successful relationship.”
Engrospartner’s vision is: “It should be easy and profitable to do business with Engrospartner.” It is Norway’s only wholesaler specializing in the distribution of convenience goods across the entire country. Engrospartner customers include 7-Eleven, Shell 7-Eleven, YX, Narvesen, Location and Interpress. In the convenience market Engrospartner serves 804 customer outlets. The company is a subsidiary of Rema Distribusjon Norge AS, the distribution arm of Rema 1000, which services over 550 stores. In 2013, Rema Distribusjon Norge AS reached 34 billion NOK in revenue (5.6 billion USD).
About Blue Ridge
Blue Ridge Cloud supply chain planning and analytics solutions provide next-level visibility and precision in demand forecasting, planning and replenishment to retailers, distributors, and manufacturers. By optimizing product availability, inventory, and logistics costs, these companies increase cash flow by 50% or more and improve sales by double-digits, while stabilizing or even reducing inventory up to 30%. Blue Ridge demand-driven solutions can be implemented in as little as 90 days and scaled to the most complex supply chains. For more information, visit http://www.blueridgeinventory.com.
About Inventory Investment
Inventory Investment focuses on optimizing buying and replenishment and has through a large number of projects in the Nordics as well in EMEA gained an extensive experience and expertise within replenishment and effective buying. Together with Atlanta based Blue Ridge they form one of the largest professional teams focused on replenishment globally and distributes CLARITY Replenish, a state of the art replenishment system based on the world’s most wide-spread best practice within buying – “The Seven Steps of Buying”.