PHOENIX, AZ--(Marketwired - October 13, 2015) - Intesource, the leading e-sourcing services provider for grocers, retailers and restaurants has extended its managed sourcing and contract management partnership with Raley's Family of Fine Stores, a regional supermarket chain with 124 stores and over 11,000 employees. The new deal extends Raley's agreement with Intesource for three years.
"Procurement is no longer just about filling out purchase orders and managing supply," said Ken Mueller, chief financial officer and senior vice president of finance at Raley's. "It's about driving profitability, operating a more efficient supply chain and generating the best possible value in the process. Intesource has been a terrific and highly-strategic partner, constantly enabling us to shape our business's growth and future."
Following a companywide reorganization in 2010 that left the company with a lean team and limited resources, Raley's turned to Intesource for procurement support. Intesource's managed sourcing services model and contract management offering enabled Raley's to enhance sourcing performance, improve profitability and create a more efficient supply chain -- all without interrupting daily procurement and business operations. The result: a revamped, innovative approach to procurement that has generated more than $10 million in real savings and continues to deliver a strategic advantage over the competition. A sample of key savings results captured through this transformation include:
- 27 percent saved on services
- 24 percent saved on transportation and distribution
- 22 percent saved on bakery items
"When time and resources are at a minimum, it's critical to find a sourcing partner that can deliver immediate and meaningful results without forcing you to hire additional staff, implement new technologies and radically change processes," said Len Kaplan, vice president of sales at PROACTIS Intesource. Raley's is a terrific example of a procurement organization that realized the value of Intesource's managed sourcing services model and saw immediate and lasting procurement and financial gains."
Raley's has been an Intesource partner since 2011 and has since used Intesource's suite of tools and managed sourcing capabilities to expand its line of sight into qualified vendors, create transparency in vendor pricing, and gain access to innovative products and suppliers.
Intesource works side-by-side with procurement teams and provides organizations with all the tools, processes, people and expertise necessary to foster innovation, boost efficiency and drive bottom-line growth. Intesource's innovative approach to sourcing has proven highly effective across all industries, no matter how complex the procurement landscape. The company's managed sourcing service offering delivers hands down the best return-on-investment of any solution -- more than any best-of-breed technology, consulting or group buying approach. With Intesource, there is no waiting or adoptive curve, only results.
To learn more about how retailers can transform procurement operations, download Intesource's latest report, Retail Impossible: Six Challenges Plaguing the Retail Industry - and How to Overcome them with Strategic Sourcing.
About Intesource, a PROACTIS company
Intesource eliminates operational headaches from the sourcing equation by offering the industry's only enterprise wide, unlimited, full-service e-sourcing package. Intesource's turnkey approach to e-sourcing consistently drives double-digit savings without requiring additional staff or process overhauls -- an approach that saves valuable time and frees up staff to focus on strategic initiatives.
With a history of success in the most challenging sourcing climates, and expertise in both direct and indirect categories, Intesource ensures that buyers are getting the best value every single time. Learn more at www.Intesource.com.
About PROACTIS
PROACTIS is a global provider of Spend Control and eProcurement solutions that help hundreds of organizations around the world to better control expenditure on all goods and services.
*Source-to-Contract: Increase procurement capacity to create value and reduce risk
*Purchase-to-Pay: Improve control and visibility of organization-wide spend
*Supplier Commerce: Streamline supplier interaction and collaboration
Find out more at proactis.com.
Contact Information:
Media Contact:
Abigail Holmes
Corporate Ink
Intesource@corporateink.com
617-969-9192
www.corporateink.com