Redwood City, CA August 16, 2002 Delaware North Companies (DNC), one of the world's top hospitality and foodservice providers, is expanding its use of software from Instill Corp., a provider of supply chain solutions for the foodservice industry, in a bid to increase food cost savings through improved operational efficiencies and better auditing capabilities.
DNC has been using Instill's Data & Analysis solution to improve negotiations with suppliers and to maximize incentive collections since the company became an Instill customer in 1998. The Data & Analysis solution aggregates and analyzes system-wide purchase data so that DNC can use this visibility to improve food quality and reduce food costs.
The new agreement expands the relationship to include Instill's Invoice Viewer module. The Invoice Viewer enables users to automatically generate invoice-level reports on system-wide purchases. This module, which will replace DNC's current process of manually reviewing invoices, provides easily accessible view of invoices to ensure proper calculations on contracted programs.
"We will finally achieve the desktop auditing efficiencies that we've wanted for years," said Kevin Drayer, director of logistics and operations support at DNC. "This will dramatically improve our ability to identify all variances on contracted programs and collect outstanding payments."
Added Kent Belvin, vice president of supply management services at DNC, "Instill fits into our core business strategy as part of an immediate solution and as a long term partner that delivers results."
With this new module, DNC expects to further increase food cost savings through improved operational efficiencies and better auditing capabilities.
DNC, one of the largest privately held companies in the United States, with more than $1.4 billion in annual revenue, has 25,000 employees and serves customers in the United States, Canada and the Pacific Rim.
