2005 Supply & Demand Chain 100 Case Study - Michael Foods / Iasta

Topics:
Logistics Planning
Tags:
Application Service Providers (ASPs),
Cost Reduction,
Cygnus Business Media,
Demand Chain,
Food,
Food & Beverage,
Iasta,
Internet,
Manufacturing
Source:
Cygnus Business Media

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Overview: Michael Foods, Inc., a 75-year-old $1 billion diversified food processor and distributor, initiated a project to achieve cost reduction goals through the use of reverse auctions. The company was looking to achieve better competition for its business while increasing efficiency and obtaining better reporting/data analysis by using e-RFx and project management tools. After looking at a number of vendors in the e-sourcing space, Michael Foods chose Iasta. Iasta's SmartSource solution is an "on-demand" Application Service Provider (ASP) application for real time strategic sourcing.

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