DSD Solutions Inc. Acquires VendMaster Software Systems; Acquisition Extends Sales & Delivery Management Capabilities.Business Editors WATERLOO, Ontario--(BUSINESS WIRE)--May 25, 2000 DSD (Direct Stream Digital) See SACD. Solutions Inc., a leading provider of supply chain execution software for companies in the consumer packaged goods (CPG CPG central pattern generators. ) industry, today announced that it had completed its acquisition of VendMaster Software Systems. The acquisition enables DSD Solutions to offer the most complete consumer product sales and delivery solution application suite in the marketplace. VendMaster specializes in the area of full line vending A Full line vending business uses vending machines to sell cans or bottles of soft drink and individual packages of snacks. Soda sold is usually 12 fl. oz. (354 ml) and 20 oz. (590 ml) in North America, or 330ml and 500ml in Europe. sales management, providing a high level of business automation with its Windows for Vending Navigator software system. In a relatively short period of time VendMaster rose to a leadership position in the vending management software industry. The company has developed both host and mobile applications to meet the requirements of its customers and prospects. The advanced architecture of the Navigator host application has significant strategic value to DSD Solutions. DSD Solutions' software is particularly well suited to delivery-sensitive organizations. These companies and their large mobile workforces are forced to respond to changes in demand, often day-to-day or even minute-to-minute, along with the complexities of short product shelf life, price and promotions volatility, high order volumes, and real-time vehicle routing. "Acquiring VendMaster is a strategic step toward our goal of providing the premier channel wide product delivery solution in the CPG marketplace," said Ed Diamond, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of DSD Solutions Inc. "The two companies are a natural match," he noted. "VendMaster's historical strengths in the vending vertical and their cutting edge architecture complement DSD Solutions' expertise in sales and delivery management applications. This will provide our joint customers with the most full-featured application suite to manage their various channel distribution requirements." Diamond noted that DSD Solutions will add the Navigator product family its portfolio of host and mobile solutions. VendMaster founders, David Hirschfeld takes on the role of VP of Product and Gregg Oliver takes on the role of Chief Architect for VendMaster based products. About VendMaster VendMaster Software Systems provides the highest level of business automation with their Windows for Vending Navigator software system. Founded in 1993 by Greg Oliver and David Hirschfeld, VendMaster Software Systems has in a relatively short period of time risen to the top and taken a leadership position in the vending management software industry. About DSD Solutions DSD Solutions' suite of products are designed to streamline the entire order to cash cycle for delivery-sensitive organizations. DSD Solutions helps these organizations respond rapidly to changes in demand, often day-to-day or even minute-to-minute. The company's solutions are designed to handle complex order management, customer service and distribution issues such as Direct-Store-Delivery (DSD), Mobile Workforces, Efficient Consumer Response Efficient Consumer Response (ECR) is a joint trade and industry body working towards making the grocery sector as a whole more responsive to consumer demand and promote the removal of unnecessary costs from the supply chain. (ECR ECR Efficient Consumer Response ECR European Congress of Radiology ECR Electron Cyclotron Resonance ECR El Camino Real (Kings Highway; California) ECR Electronic Cash Register ECR East Coast Radio (South Africa) ), and Vendor Managed Inventory Vendor Managed Inventory (VMI) is a family of business models in which the buyer of a product provides certain information to a supplier of that product and the supplier takes full responsibility for maintaining an agreed inventory of the material, usually at the buyer's (VMI VMI Virginia Military Institute VMI Vendor Managed Inventory VMI Vertical Motion Index VMI Valtakunnan Metsien Inventointi (Finnish: National Forest Inventory) VMI Video Module Interface ). DSD Solutions' Supply Chain Suite (SCE SCE (in Scotland) Scottish Certificate of Education SCE n abbr (= Scottish Certificate of Education) → Schulabschlusszeugnis in Schottland ) suite allows world-class integration of processes throughout the supply chain while exploiting the robust benefits of mobile computing solutions. Information on the company and its products can be obtained by calling 877-445-7711 or from its web site: http://www.dsdsolutions.com |
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