Printer Friendly
The Free Library
19,573,962 articles and books
Member login
User name  
Password 
 
Join us Forgot password?

ACH Food Companies Teams with IRI for Market and Consumer Understanding Solutions.


CHICAGO -- ACH Receives Comprehensive Understanding of Consumers with Next Generation Information Solutions from IRI Iri (ē`rē`), former city, North Jeolla (Cholla) prov., SW South Korea. An agricultural center and transportation hub, it was absorbed into Iksan.  

Information Resources (1) The data and information assets of an organization, department or unit. See data administration.

(2) Another name for the Information Systems (IS) or Information Technology (IT) department. See IT.
, Inc. (IRI), the leading global provider of enterprise market information solutions for the consumer packaged goods Noun 1. packaged goods - groceries that are packaged for sale
foodstuff, grocery - (usually plural) consumer goods sold by a grocer

plural, plural form - the form of a word that is used to denote more than one
 (CPG CPG

central pattern generators.
), retail, and healthcare industries, today announced that ACH Food Companies, Inc., which markets a broad range of products to the consumer and commercial food channels, has selected IRI as its preferred supplier of marketplace information and insights. The most recognized ACH Food brands are in the edible oil and specialty grocery product segments and include Mazola, Spice Island, Tone's, Argo, Karo KARO Kane Amateur Radio Operators (Kane, PA)  and Fleischmann's.

"We need to understand our customers inside and out to take ACH to the next level," said Charlie Martin, president, consumer products group, ACH Food Companies, Inc. "The consumer panel data and services from IRI will help us gain a new perspective and understanding of our customers, so that we can track and grow current brands and launch successful new products."

Under the long-term agreement, IRI will provide syndicated data tracking services that will help ACH better analyze its performance across business units and improve sales and marketing execution. In addition, IRI will provide the following services and solutions to deepen ACH's understanding of its core consumers and gain new efficiencies:

--The IRI PlusSuite(TM) is a desktop reporting and analysis tool that combines ad-hoc access to IRI data with the power of Microsoft office Microsoft's primary desktop applications for Windows and Mac. Depending on the package, it includes some combination of Word, Excel, PowerPoint, Access and Outlook along with various Internet and other utilities. . The PlusSuite lets users create and share clear, concise and dynamic sales and marketing reports and presentations that make complex information simple and put fact-based decision-making power in the right hands.

--IRI Builders Suite(TM) is an easy-to-use integrated tool that supplies users with insights into consumer behavior by integrating panel, store and demographic data. The Builders Suite allows users to uncover opportunities to increase category traffic, appeal more effectively to shoppers on a retailer-specific level, improve a brand's visibility, draw more profitable buyers and ultimately improve loyalty within the store.

--IRI MarketInsight(TM) for Wal-Mart is used by more than 50 leading CPG manufacturers and is the industry's best solution for measuring category and brand performance in Wal-Mart, the world's largest retailer. It utilizes multiple best-in-class data sources, including IRI InfoScan(R) store-level data and data from its 70,000 ScanKey Consumer Network(TM) Household panel. These sources are combined with a patent-pending data fusion Data fusion, is generally defined as the use of techniques that combine data from multiple sources and gather that information in order to achieve inferences, which will be more efficient than if they were achieved by means of a single source.  methodology to remove bias from panelist reporting, creating highly accurate estimates of Wal-Mart sales.

--IRI eSuite(TM) is a collection of e-learning courses delivered as an annual web-based subscription service that provides access to IRI training content, whenever and wherever it is needed. With a focus on learning solutions for CPG tools and topics, IRI eSuite provides training on demand. It cuts the costs of travel and reduces time away from the office by giving employees access to training from the PC on their desktops and in their field offices.

"We're very excited about our relationship with ACH," said IRI President and Chief Executive Officer Scott W. Klein. "The IRI market and consumer understanding solutions will help ACH uncover new opportunities in the marketplace, strengthen its customer relationships and identify new acquisitions that will complement its current portfolio of products."

About ACH Food Companies, Inc.

With plants across the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. , ACH Food Companies, Inc. markets a broad range of products to the consumer and commercial food channels. ACH products include Mazola Corn Oil corn oil
n.
A pale yellow liquid obtained from the embryos of corn grains, used especially as a cooking and salad oil and in the manufacture of margarines.

Noun 1.
, Capullo Canola Oil Noun 1. canola oil - vegetable oil made from rapeseed; it is high in monounsaturated fatty acids
canola

vegetable oil, oil - any of a group of liquid edible fats that are obtained from plants
, Karo Corn Syrup corn syrup

Sweet syrup produced by breaking down (hydrolyzing) cornstarch (a product of corn). Corn syrup contains dextrins, maltose, and dextrose and is used in baked goods, jelly and jam, and candy.
 and Argo Corn Starch brands, Fleischmann's and Spice Island brands, specialty shortenings and oil-based products, non-dairy spray dried products and cheeses and spray dried savory ingredients. ACH is a subsidiary of London-based Associated British Foods
Associated British Foods plc (LSE: ABF) is a British multinational food, ingredients and retail group with sales of £6.0 billion and over 75,000 employees in 46 countries. It is headquartered in London, England, and is a constituent of the FTSE 100 index.
, plc (ABF ABF Arbetarnas BildningsFörbund
ABF American Breakfast (Thailand Hotels)
ABF Associated British Foods plc (London, UK)
ABF Association des Bibliothecaires Francais (French) 
), an international food, ingredients and retail group.

About Information Resources, Inc.

Information Resources, Inc. (IRI) is the world's leading provider of enterprise market information solutions and services, empowering its clients to grow their business profitably in a complex marketplace. Driving the transformation of the consumer packaged goods (CPG), retail, and healthcare industries, only IRI provides a unique combination of real-time market content, advanced analytics, enterprise performance management software, and professional services. The company's portfolio of services, solutions, and technology enable leading retailers and their suppliers around the globe to see what they are missing, act faster with greater confidence and win at the shelf. Ninety-five percent of the FORTUNE Global 500 in CPG and retail leverage IRI to power their business. For more information, visit http://us.infores.com.
COPYRIGHT 2006 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2006, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

 Reader Opinion

Title:

Comment:



 

Article Details
Printer friendly Cite/link Email Feedback
Publication:Business Wire
Geographic Code:1USA
Date:Jul 17, 2006
Words:733
Previous Article:BankAtlantic Reports Continued Growth in Low Cost Deposits for Second Quarter, 2006; Convenience and Service Continue to Deliver Results.
Next Article:The First Marblehead Corporation Files an Application with the Office of Thrift Supervision for the Acquisition of Union Federal Savings Bank.
Topics:



Related Articles
Information Resources Opens Bentonville, Arkansas Office to Serve the Needs of Local Client Teams.
Information Resources Sets Consumer Connection Conference for Wal-Mart Community.
IRI Launches Proprietary InfoScan Advantage to Track Wal-Mart Sales Information.
Information Resources, Inc. Announces Significant Expansion of Services to ConAgra Foods, Inc.
Information Resources, Inc.'s InfoScan Reviews Advantage Enhanced to Provide More Comprehensive Analysis of Categories, Products and Competition.
IRI Selected as Preferred Supplier of Marketplace Information and Insights for Land O'Lakes, Inc.; IRI Provides Unified Information Picture of Land...
IRI Report: Americans Seeking More from Today's Convenience Products.
IRI Expands Market Coverage with FreshLook Marketing.
Latest IRI Baby Boomers Report Uncovers $43 Billion Growth Bonanza for the Taking.
Leading Beverage Authority David "Bump" Williams Returns to IRI to Head Beer, Wine and Spirits and Wall Street Vertical Practices.

Terms of use | Copyright © 2012 Farlex, Inc. | Feedback | For webmasters | Submit articles