Richmond, Va. January 21, 2019 – GlobalWorxTM, the first industry collaboration platform for the store-level control of fast-moving consumer goods, announces Food City (K-VA-T) is adopting the GlobalWorxTM OOS-Alert solution across all stores. GlobalWorxhelps DSD companies and Grocery Retailers increase their revenue and strengthen customer satisfaction by Communicating Out Of Stocks and store service related issues using a real-time actionable innovative approach.
GlobalWorx Synchronizes the DSD Supply Chain by managing the complexities of supplier communication between grocery stores and their service providers. GlobalWorxTM is a multi-channel program that offers benefits to vendors, distributors, Food City, and mutual customers. Stores will be able to communicate service issues with more efficiency to the distributor personnel that service their specific stores.
GlobalWorx, Inc. is a privately-owned company based in Richmond, VA. The award-winning technology optimizes the efficiency of task definition, communication, execution, and measurement across all trading partners within the grocery retail supply chain. GlobalWorxTM is a software-as-a-service (“SaaS”) provider that enables retailers, distributors, merchandisers, brokers, and manufacturers to schedule, synchronize, manage, monitor and report activities conducted at a store level. By converting many paper-bound and sequential processes to data available in real-time, users increase sales by resolving out-of-stock and “shrink” issues faster and decreasing transaction costs. GlobalWorx provides users transparency, actionable data, task verification, and service level reporting that is not currently available through other means. Based on actual data from pilots conducted at large retailers and customers, GlobalWorx has enabled supermarket stores to increase DSD sales 3%+, delivering a high ROI in a high volume, low margin industry.
About Food City
Food City, owned by K-VA-T Food Stores, Inc. traces its history to 1955 when company founder Jack Smith opened his first 8,800-square-foot Piggly Wiggly store in Grundy, Virginia. Food City operates 122 grocery stores located in Kentucky, Virginia, Tennessee, and Georgia. K-VA-T Food Stores, Inc., is a privately held family and employee-owned corporation headquartered in Abingdon, Virginia. Food City employs 16,000 people.
Due to their charitable activities and strong ties to their local economies, Food City received Supermarket News’s Community Service Award for 2008.
Steven C. Smith, president, and chief executive officer for K-VA-T, was named 2009 Grocer of the Year by the Tennessee Grocers & Convenience Store Association during their annual convention. TGCSA selects one outstanding Tennessee retailer who exemplifies the high standards of integrity and efficiency upon which the organization was founded to be named Grocer of the Year.
Food City has received the Dale Carnegie Leadership Award which recognizes a commitment to excellent service and quality products; dedication to employee growth; recognition of employee value; and a sense of obligation which brings a high level of community involvement.
Each year Food City hosts their Pet Hunger Drive. Shoppers are invited to purchase pre-packaged pet food bags for donation to local animal shelters. In 2017, the campaign raised a record-breaking $109,000 to benefit local animal shelters throughout the region
Juvenile Diabetes Research Foundation
K-VA-T holds a company-wide annual fundraising campaign where shoppers can contribute to the purchase of a JDRF “sneaker” at the checkout. 100% of the funds collected are donated to the Juvenile Diabetes Research Foundation. As of November 2018, Food City has donated over $1.878 million to JDRF.
Since 2011, K-VA-T and NASCAR Champion Richard Petty have teamed up to benefit the Paralyzed Veterans of America’s Mission: ABLE campaign by collecting donation from shoppers totaling over $1.26 million. 100% of the donations collected benefit local Paralyzed Veterans within the region.