CHICAGO, IL--(Marketwired - May 12, 2015) - ArrowStream, Inc. ("ArrowStream"), a Software-as-a-Service provider for supply chain organizations, announced that Corner Bakery Cafe, a fast-casual restaurant franchise known for its ingredient-inspired menu and neighborhood cafe atmosphere, renewed its contract for ArrowStream's OnDemand application. The software solution provides normalized supply chain data that enables proactive management of inventory, limited time offers, purchasing compliance and distributor invoice auditing.
Prior to partnering with ArrowStream in 2013, Corner Bakery Cafe was faced with manual contract and invoice auditing processes, disparate data sources and limited visibility into distributor inventory. OnDemand analyzes the change in trends and cost of goods sold over time and automatically identifies price discrepancies against contracts. Using OnDemand, Corner Bakery Cafe's team has reduced audit time by 75% and has identified more than $400,000 in price variances on food products.
"We selected ArrowStream for the expertise of its team and the user-friendly, single platform software solution. With OnDemand, we are no longer hunting in spreadsheets for opportunities or playing catch-up when issues occur," said Ric Scicchitano, Senior Vice President, Food & Beverage at Corner Bakery Cafe. "ArrowStream is an actively engaged partner helping us to meet our key business objectives and OnDemand allows our team to focus on what's important instead of spending time on manual processes."
Corner Bakery Cafe's frequent limited time offers require precise product mixes and timely communication with distributors and suppliers to ensure accurate and delivery to its 185 stores. OnDemand improves promotions planning with a daily view into products flowing through the supply chain and helps inventory management through threshold alerts and eliminating overstock and stock-outs.
"OnDemand is built to surface the important information through its analytics platform, which empowers our customers to efficiently and proactively overcome traditional supply chain challenges related to strategic and tactical sourcing, inventory and quality issues," said Jeff Dorr, Chief Customer Officer at ArrowStream. "We are proud of the successes Corner Bakery Cafe has achieved with our solution. This contract renewal continues to prove that we are a market leader and that OnDemand creates year over year value to all of our customers."
About ArrowStream
ArrowStream creates powerful Software-as-a-Service (SaaS) solutions for the supply chain. For the past 15 years, our expertise in foodservice, restaurant chains and technology solutions has equipped our customers with supply chain visibility and the tools needed to take action, track progress and measure results. For more information visit: www.arrowstream.com.
About Corner Bakery Cafe
Corner Bakery Cafe is a fast-casual restaurant serving breakfast, lunch and dinner to guests in 20 states and Washington, D.C. Established in 1991, Corner Bakery Cafe restaurants are owned and operated by CBC Restaurant Corp., with more than 187 company-owned and franchised locations around the country. Founded on a philosophy of creating a place for people to relax and gather with family and friends, Corner Bakery Cafe features innovative, seasonal menu options while delivering a premier bakery cafe experience in the heart of neighborhoods everywhere. For more information, visit www.cornerbakerycafe.com.
Contact Information:
Media Contact:
Lindsey Wolpa
Marketing Coordinator
ArrowStream, Inc.
(312) 676-3236