E3 Supplies Bozzuto's with Inventory Management SolutionsE3 Corp announced that it has been selected by Bozzuto's Inc, a leading grocery wholesaler headquartered in Cheshire, CT, to provide inventory management and data mining support services. Bozzuto's was founded over 50 years ago as a small wholesale distributor of groceries and perishables in the Northeast. By building a strong reputation for customer service and a commitment to maintaining profitable growth, Bozzuto's has evolved into a billion-dollar leader in the grocery industry. Its strategy for growth through excellent service and aggressive pricing has paid off handsomely. Last year, Bozzuto's was the fastest growing food wholesaler in the United States. By implementing E3's distribution center-level inventory management solution across its warehouses, Bozzuto's is ensuring its ability to meet changes and growth in customer demand with high service levels. "E3's collaborative forecasting and replenishment solution, E3TRIM, will allow Bozzuto's to meet the challenge of rapid expansion," said Dick Lynch, president and CEO of E3. "The systems' in-depth analytical merchandising tools, which synchronize inventories to match consumer demand, will translate into increased customer satisfaction and profits for Bozzuto's. Users of E3TRIM typically experience a 20 to 30 percent reduction in inventory and on average realize a complete return on investment within six to nine months," said Lynch. "Bozzuto's is committed to maintaining profitable growth by achieving the optimal balance between short and long-term goals for our company and for our retailers," said Steve Heggelke, vice president, merchandising and procurement, Bozzuto's. "Our existing in-house supply chain solution was not prepared to handle the massive growth that we have experienced and expect to continue into the future. E3's experience with the wholesale grocery industry makes it the ideal inventory management software provider to ensure that we keep our competitive edge." "With the addition of Bozzuto's, E3's inventory management and replenishment solutions are now deployed at the three largest Independent Grocers' Alliance (IGA) food wholesalers," Lynch said. "E3 is excited about the developments in this rapidly growing industry and is looking forward to exploring ways to better serve grocery wholesalers and retailers with our collaborative tools." About Bozzuto's IncBozzuto's Inc is a leading total service wholesale distributor of food and household products to retailers in New England, New York and New Jersey. The wholesaler supplies over 100 stores with products under the IGA and Bestway labels, as well as the leading national brands. It also provides store design, administrative, marketing, and inventory management services to its retailers. Established in 1945, the company is headed by its Founder and Chairman of the Board, Adam J. Bozzuto, and president, Michael A. Bozzuto. Based in Cheshire, Connecticut, Bozzuto's is a longtime active supporter of The Special Olympics. About E3 CorporationE3 Corp helps companies synchronize their inventory decisions with advanced supply chain, inventory management and data mining solutions. The company's Web-based, collaborative products are used by retailers, e-commerce companies, wholesalers, distributors and manufacturers. Based in Atlanta, E3 is a proven performer with two decades of profitable growth and over 800 installations in 20 countries around the world. E3 solutions cross a multitude of industries including: general merchandise, drug, office products, wine and spirits, food, entertainment, auto parts, hardware, HVAC and industrial supply. For more information, visit E3's Web site at www.e3.com. Contact Julie Bennett of E3 Corp, 770-424-0100, or jbennett@e3.com or Steve Hegelke of Bozzuto's Inc, 203-250-5621, or steveh@bozzutos.com. |