Instill Corporation Expands Supply Chain Management Services Agreement with Delaware North Companies.Business Editors REDWOOD CITY Redwood City, city (1990 pop. 66,072), seat of San Mateo co., W Calif., on San Francisco Bay; inc. 1868. Manufactures include commmunications, electrical, electronic, and medical equipment. , Calif.--(BUSINESS WIRE)--Aug. 12, 2002 Instill in·still v. To pour in drop by drop. in stil·la tion n. (R) Corp., a leading provider of supply chain solutions for the foodservice industry, announced today that it is expanding its relationship with Delaware North Companies Please help [ rewrite this article] from a neutral point of view. Mark blatant advertising for , using . , Inc. (DNC DNC Democratic National Committee DNC Democratic National Convention DNC Do Not Call DNC Delaware North Companies DNC Domain Name Commissioner DNC Direct Numerical Control DNC Do Not Change DNC Does Not Compute DNC Digital Nautical Chart ), one of the world's leading hospitality and foodservice providers. DNC has been using Instill's Data & Analysis(SM) solution to improve negotiations with vendors and to maximize incentive collections since they became a customer in 1998. Instill's Data & Analysis solution aggregates and analyzes system-wide purchase data so that DNC can use this visibility to improve food quality and reduce food costs. In addition to the Data & Analysis modules already in use at DNC, the new agreement expands the relationship to include the Invoice Viewer module. As part of their due diligence Research; analysis; your homework. This term has caught on in all industries, because it sounds so "wired." Who would want to do analysis or research when they can do due diligence. See wired. , DNC explored other options across a variety of functions and services. "Instill fits into our core business strategy as part of an immediate solution and as a long term partner that delivers results. Their solutions, services, and proven ROI (Return On Investment) The monetary benefits derived from having spent money on developing or revising a system. In the IT world, there are more ways to compute ROI than Carter has liver pills (and for those of you who never heard of that expression, it means a lot). offer the best value," said Kent Belvin, vice president of Supply Management Services. With this new module, DNC expects to further increase food cost savings through improved operational efficiencies and better auditing capabilities. Invoice Viewer enables users to automatically generate invoice level reports on system-wide purchases. This module will replace DNC's current process of manually reviewing invoices. It allows an easily accessible view of invoices to ensure proper calculations on contracted programs. "We will finally achieve the desktop auditing efficiencies that we've wanted for years. This will dramatically improve our ability to identify all variances on contracted programs and collect outstanding payments," said Kevin Drayer, director of Logistics and Operations Support. "We are proud to have maintained the quality and value necessary to preserve a growing relationship over the years. We will continue to deliver quantifiable results to Delaware North," said Anthony Wilson, 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 Instill. About Instill Corp. Founded in 1993, Instill provides supply chain solutions to foodservice companies. Using hosted technology, Instill solutions provide the supply chain visibility and control necessary to reduce food costs. Instill tracks over $9 billion in purchases from over 700 distribution centers for 61,000 restaurant locations across the US and Canada. Some of the operators using Instill services include Applebee's International, Delaware North Companies, Fine Host, Hardee's, Marie Callender's, Sodexho, SUBWAY(R) Restaurant's Independent Purchasing Cooperative purchasing cooperative, n a group of dental professionals pooling their financial resources to purchase large quantities of supplies and equipment for the purpose of obtaining a discount. , and Yum! Brands Unified Foodservice Purchasing Coop. Instill is headquartered in Redwood City, Calif. Instill can be reached at 888-Instill or at www.instill.com. About Delaware North Companies Delaware North Companies, Inc. is one of the world's leading hospitality and food service providers with two primary groups-Delaware North Hospitality and Entertainment, which includes Delaware North Parks Services, Sportsystems and the Delta Queen Steamboat steamboat: see steamship. steamboat or steamship Watercraft propelled by steam; more narrowly, a shallow-draft paddle-wheel steamboat widely used on rivers in the 19th century, particularly the Mississippi River and its tributaries. Company, and Delaware North Contract Services, which includes CA One Services, Delaware North Companies International, and Sportservice. The company also owns and operates Boston's FleetCenter and the chairman of the company owns the Boston Bruins. The corporation is one of the largest privately held companies privately held company A firm whose shares are held within a relatively small circle of owners and are not traded publicly. in the United States, with more than $1.4 billion in annual revenue and 25,000 associates serving millions of customers in the United States, Canada and the Pacific Rim. |
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