Perfetti Van Melle Goes Live With I-many/Trade Promotions and I-many/Deductions.Business/Technology Editors and Food Writers PORTLAND, Maine--(BUSINESS WIRE)--July 23, 2002 Leading Confectioner Implements Integrated Deduction and Trade Funds Management Solutions - Sees Immediate Return-on-Investment I-many, Inc. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on : IMNY IMNY Internet Marketers of New York ), the leader in enterprise contract management and trade management solutions, announced today that worldwide candy manufacturer Perfetti Van Melle Perfetti Van Melle is an European global manufacturer of confectionery and gum. It was formed by the 2001 merger of Perfetti of Italy with Van Melle of the Netherlands, having its corporate headquarters in Lainate, Italy and in Breda, Netherlands. has successfully implemented I-many/Trade Promotions and I-many/Deductions. In January 2001, Van Melle merged with the Italian company Perfetti S.p.A. and is now known as Perfetti Van Melle. The merger of Perfetti and Van Melle creates a strong international sugar confectionery company that holds the number six position in the world market of sugar confectionery and chewing gum chewing gum, confection consisting usually of chicle, flavorings, and corn syrup and sugar (or artificial sweeteners). Prehistoric people are believed to have chewed resins. . Van Melle's popular brands include Mentos This article is about the mint and fruit-flavored candy. For the Jamaican musical style, see Mento. Mentos is a popular brand of mints sold in many markets across the world by the Perfetti Van Melle Corporation. , Fruitella, Meller and Airheads. "Coordinating the trade promotion and deduction process is a key objective within our organization because it immediately impacts bottom line results," said Ralph Chauvin, Vice President of Finance at Perfetti Van Melle. "I-many/Trade Promotions gives us the ability to manage and execute trade programs while I-many/Deductions allows us to quickly offset promotions with deductions. Like many companies, we realized that an integrated trade and deduction management system is the best solution for our business. Many of I-many's competitors can only answer one facet of our needs." "I-many/Trade Promotions and I-many/Deductions will enable Perfetti Van Melle not only to plan successful promotions, but also to link promotions and deductions and compress the resolution cycle. As a result, days deductions outstanding (DDO DDO - Dynamic Drive Overlay ) will be reduced, a common industry measure of performance," said Terry Nicholson, Chief Operating Officer Chief Operating Officer (COO) The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. at I-many. "In addition, companies now can provide immediate and indisputable information during the audit process." About Perfetti Van Melle Perfetti S.p.A., based in Lainate, Italy, is a privately owned, integrated international group operating in the confectionery sector. Perfetti has sales in approximately 50 countries worldwide. It operates with its own manufacturing units located in Italy, Brazil, India, China, Indonesia, Turkey, Vietnam, Belgium and Germany and a large number of sales and distribution offices. Its products are mainly concentrated in the chewing-gum, candies and lozenge lozenge /loz·enge/ (loz´enj) [Fr.] 1. troche; a discoid-shaped, solid, medicinal preparation for solution in the mouth, consisting of an active ingredient incorporated in a suitably flavored base. 2. segments, and the main brands include Brooklyn, Vigorsol, Vivident, Happydent, Day Gum Protex, Big Babol, Golia, Alpenliebe, Cofitos, Frisk A term used in Criminal Law to refer to the superficial running of the hands over the body of an individual by a law enforcement agent or official in order to determine whether such individual is holding an illegal object, such as a weapon or narcotics. , and Morositas. Van Melle produces and markets confectionery products in over 125 countries worldwide, with brands including Mentos, Fruittella, Meller and Airheads. In addition to production units in the Netherlands, Van Melle has production facilities and sales organizations in 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. , Brazil, Indonesia, China, India, Hungary, Rumania and Poland. Van Melle also has sales companies in a number of West, Central and East European countries and in Asia. About I-many/Trade Promotions A sophisticated, Internet-enabled software system, I-many/Trade Promotions empowers sales and marketing departments and remote sales agents to create, distribute, manage, monitor and track simultaneous campaigns and promotions across products, categories, accounts and regions - all via the Internet. About I-many/Deductions I-many/Deductions streamlines the business-to-business settlement process by solving the ongoing problems surrounding the settlement of invoice disputes and deductions, thus allowing trading partners to more easily reach mutually satisfactory agreements. About I-many I-many (NASDAQ: IMNY) is the leading provider of enterprise contract management and trade management solutions. The company's solutions automate contracting processes, ensure contract compliance and track contract performance resulting in higher contract revenues and reduced operating costs operating costs npl → gastos mpl operacionales . More than 250 life science, consumer goods consumer goods Any tangible commodity purchased by households to satisfy their wants and needs. Consumer goods may be durable or nondurable. Durable goods (e.g., autos, furniture, and appliances) have a significant life span, often defined as three years or more, and , food service and manufacturing companies use I-many solutions. For more information, visit the company at http://www.imany.com. This press release may contain forward-looking statements relating to the future performance of I-many, Inc. Forward-looking statements, specifically those concerning future performance, are subject to certain risks and uncertainties, and actual results may differ materially from expectations. These risks and uncertainties include the customary uncertainty associated with large software implementation projects and other risks described in I-many's filings with the Securities and Exchange Commission. All trademarks are the property of their respective owners. |
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