System to Provide Real-Time Synchronization of Yard and Dock Activities at the Grocers Distribution Centers
DALLAS – Sept. 9, 2009 – Retalix® (Nasdaq-GS: RTLX) today announced that Price Chopper, a grocery subsidiary of the Golub Corporation, has chosen Retalix Yard Management (RYM) to synchronize yard and dock activities at the company’s distribution centers.
Retalix Yard Management is designed to automate the yard and dock management process through advanced predictive logic and optimization algorithms. Using enhanced software engines and visibility tools, RYM eliminates operational silos and coordinates yard and dock activity with distribution center demand.
“The Retalix Yard Management system was very attractive because it offered unmatched and real-time control over all yard and dock operations in our distribution centers,” said Dave Schmitz, director of distribution for Price Chopper. “The solution will help us quickly locate equipment, personnel and products anywhere in our yard, and will greatly reduce trailer wait times – all of which means higher supply chain visibility, efficiency and productivity.”
Price Chopper will use radio frequency identification (RFID) technology in tandem with the Retalix solution. RFID readers are being installed at the entry and exit points of the company’s distribution centers, and all of its fleet will be affixed with a rugged RFID tag, automating the processing of arrival and departure information.
“Retalix Yard Management offers grocers and distributors, like Price Chopper, instant visibility over their yard and dock operations,” said Rik Schrader, senior vice president, global sales and marketing for the Retalix Supply Chain division. “By incorporating proven, leading-edge technologies like RFID, logistics and distribution center managers can concurrently supervise activities in multiple yards from a central location.”
RYM was designed using the Microsoft® .NET platform. The application is part of the Retalix Transportation solutions suite, which is designed to fulfill the critical transportation requirements of inbound and outbound traffic, yard management and dock scheduling for retailers and distributors. Additional offerings include Retalix Transportation Optimization, which provides comprehensive freight management for planning, optimization, procurement, execution, settlement, visibility and supplier control; and Retalix Dock Scheduling, which facilitates dock appointment scheduling via the Web, predicts labor demands, optimizes dock resources and streamlines the flow of goods through the distribution center.
About The Golub Corporation Based in Schenectady, NY, the Golub Corporation owns and operates 119 Price Chopper grocery stores in New York, Vermont, Connecticut, Pennsylvania, Massachusetts and New Hampshire. The family-owned company prides itself on longstanding traditions of innovative food merchandising, leadership in community service, and cooperative employee relations. Golub's approximately 25,000 associates collectively own 51 percent of the company's privately held stock. For additional information, visit www.pricechopper.com
About Retalix Retalix® (NASDAQ-GS: RTLX) is a leading provider of software solutions to retailers and distributors worldwide. The Company’s product and services help its customers automate and synchronize essential retail and supply chain operations, encompassing stores, headquarters and warehouses. Specializing in the food industry, Retalix serves customers in more than 50 countries. For more information, visit www.retalix.com.
Retalix is a registered trademark of Retalix Ltd. in the United States and in other countries. The names of actual companies, products and services mentioned herein may be the trademarks of their respective owners.
Safe Harbor for Forward-Looking Statements: Except for statements of historical fact, the information presented herein constitutes forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 and U.S. federal securities laws. Such forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of Retalix, including revenues, income and expenses, to be materially different from any future results, performance or achievements or other guidance or outlooks expressed or implied by such forward-looking statements. Such factors include risks relating to Retalix’s anticipated future financial performance and growth, continued roll-outs with existing customers, continued interest in Retalix’s new platforms, the perception by leading retailers of Retalix’s reputation, the potential benefits to food and fuel retailers and distributors, expansion into new geographic markets, and other factors over which Retalix may have little or no control. This list is intended to identify only certain of the principal factors that could cause actual results to differ. Readers are referred to the reports and documents filed by Retalix with the Securities and Exchange Commission, including Retalix’s Annual Report on Form 20-F for the year ended December 31, 2008, for a discussion of these and other important risk factors. Except as required by law, Retalix undertakes no obligation to publicly release the results of any revisions to these forward-looking statements that may be made to reflect events or circumstances after the date hereof, or to reflect the occurrence of unanticipated events.
Contacts:
For media information:
Jeff Green
Michael A. Burns & Associates Inc.
+1-214-521-8596
greenj@mbapr.com
Darren Vader
Retalix USA
+1-469-241-8558
darren.vader@retalix.com
For investor information:
Tamir Peled
Retalix Ltd
+1-877-573-7193 x6283
Investors@retalix.com
Home| Company| Industries| Products| News & Events| Investors| Services| Customers| Careers| Contact Us
