Instill® Corporation ("Instill"), a leading provider of spend intelligence services and solutions for the foodservice industry, today announced that Luby's, Inc (NYSE:LUB), has selected the Instill Spend Management solution to gain greater supply chain visibility and help support their aggressive growth plans.
San Mateo, CA (PRWEB) April 10, 2008 -- Instill® Corporation ("Instill"), a leading provider of spend intelligence services and solutions for the foodservice industry, today announced that Luby's, Inc (NYSE:LUB), has selected the Instill Spend Management solution to gain greater supply chain visibility and help support their aggressive growth plans.
"Instill is a critical component in our initiatives to build scalable systems and processes that support our strategic growth plan over the next five years," commented Janet Duckham, vice president of operations services for Luby's, Inc. "We have a lot on our plates preparing for growth and we needed a trusted partner who would add value right away with minimal effort on our part. Instill got us up and running in just six weeks."
Instill Spend Management automates the collection and standardization of unit purchase information from distributors, identifies contract price variances, SKU and manufacturer optimization opportunities, compliance problems and helps uncover new savings opportunities.
"Instill is committed to helping operators of all sizes and segments become more competitive in the face of rising food costs and increased consumer pressures," said Mike DeVries, CEO of Instill Corporation. "Instill delivers proven solutions to manage food costs enabling customers like Luby's to focus their resources against strategic growth initiatives."
Instill's proven suite of solutions - Spend Intelligence for Operators and Trade Spend Intelligence for Manufacturers - provide foodservice industry constituents the visibility they need to manage and grow their businesses. The Spend Intelligence Suite for Operators is a suite of hosted, web-based solutions that address critical foodservice processes including Spend Management, Procurement, Inventory Management, and Quality Management.
About Luby's
Luby's operates 123 restaurants in Austin, Dallas, Houston, San Antonio, the Rio Grande Valley and other locations throughout Texas and other states. Luby's provides its customers with quality home-style food, value pricing, and outstanding customer service. Luby's stock is publicly traded on the New York Stock Exchange (NYSE: LUB). www.lubys.com
About Instill Corporation
For more than a decade, Instill has been helping customers build enterprise value by applying innovative technology and industry expertise to address the unique challenges facing foodservice companies. Instill is focused on providing spend intelligence solutions for the foodservice industry, providing a proven, comprehensive set of solutions for leading companies such as Independent Purchasing Cooperative (IPC) for SUBWAY®, Hardee's, Darden Restaurants, International Dairy Queen, Inc., Nathan's Famous, YUM! Brands', Inc., United Foodservice Purchasing Cooperative (UFPC) and Unified Purchasing Group of Canada (UPGC), Sodexo, ConAgra Foods, Inc. and General Mills. Instill is headquartered in San Mateo, California. For more information, contact Instill at 1-888-INSTILL (1-888-467-8455) or visit www.instill.com.
© 2008 Instill Corporation. All rights reserved. Instill and the Instill logo design are registered trademarks or service marks of Instill Corporation in the United States and/or other countries. All other trademarks and registered trademarks are property of their respective holders.
###
Trackback URL: http://www.prweb.com/pingpr.php/Q291cC1JbnNlLUhvcnItRmFsdS1TdW1tLVplcm8=
|
