March 24, 2011 12:17 PM Eastern Daylight Time
FoodLink Expands Support for Food Safety in Latest Release
New version of the company’s online network for perishable goods buyers and suppliers adds support for food safety initiatives, introduces new analytics module
LOS GATOS, Calif.–(BUSINESS WIRE)–FoodLink, the online network for fresh food retailers, wholesalers and suppliers, today announced the release of FoodLink 2011.1, the latest version of the company’s $10 billion commerce platform for perishable goods. The new version includes features and performance enhancements that support industry standards for food safety and product traceability. The release also introduces FoodLink Analytics, a groundbreaking new module for graphical drill-down analysis of key performance indicators and industry trends.
“Food safety is a critical issue across the entire food chain, and networks such as FoodLink can play an important role in helping organizations easily comply with data and reporting requirements”
“Food safety is a critical issue across the entire food chain, and networks such as FoodLink can play an important role in helping organizations easily comply with data and reporting requirements,” said Eric Peters, President and CEO, FoodLink. “This release brings important new features to users who are on the system all day, every day, and it continues to reinforce the value of a true supply chain network for perishable goods.”
FoodLink is an online network that connects all of the participants in the fragmented perishable goods supply chain. The network consists of retail grocers and their fresh food suppliers, including carriers and third party brokers and wholesalers. The network helps retailers manage the fresh food category to reduce instances of stores over-ordering inventory, cut down on unnecessary transfers between distribution centers and achieve dramatically greater invoice match rate accuracy. For suppliers, FoodLink is a sales platform that reduces costs and simplifies the process of managing orders, tracking shipments, responding to change requests and receiving payment.
Food Safety and Traceability
In the latest FoodLink release, enhancements to the network enable suppliers to track lot numbers and harvest dates for perishable products shipped to buyers. FoodLink also enables the Global Trade Item Number (GTIN) to be linked with shipping information. This type of information is then searchable and visible to both buyers and suppliers by purchase order.
With this release, FoodLink is introducing a new analytics module that provides instant access to critical information and key performance indicators such as transaction and fill rate trends and commodity specific breakdowns.
For retailers and wholesalers, FoodLink Analytics provides:
- Rapid, click-through graphical analysis of key sourcing and purchasing metrics.
- Transaction trends and comparisons across multiple years.
- Transaction volume and fill rate comparison by commodities or products.
For suppliers, FoodLink Analytics provides:
Rapid, click-through graphical analysis of key sales metrics.
Transaction trends across multiple years.
Sales and transaction detail by customer, commodity and product type.
Sales performance scorecards.
All new features, with the exception of FoodLink Analytics, are immediately available at no extra charge to existing FoodLink licensed users. FoodLink Analytics is available upon request for an additional subscription fee.
FoodLink is the network for fresh food, connecting the perishable goods supply chain from the farm to the customer with an online network representing more than 2,000 companies including grower-shippers, carriers, retail grocers and wholesalers. With FoodLink, retailers and wholesalers efficiently source the freshest and safest foods from trusted suppliers through a single online platform, and suppliers improve sales to important trading partners. For more information, visit www.foodlink.net.
Kevin Brooks, 408-596-3041