Richmond, Va. June 26, 2018 – GlobalWorxTM, the first industry collaboration platform for the store-level control of fast-moving consumer goods, announces Schnuck Markets, Inc. is adopting the GlobalWorx OOS-Alert solution across all stores. GlobalWorx is a multi-channel program that offers benefits to vendors, distributors, Schnucks 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. GlobalWorx 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 can enable supermarket stores to increase DSD sales 2-3%, delivering a high ROI in a high volume, low margin industry.
Founded in St. Louis in 1939, Schnuck Markets, Inc. is a third-generation, family-owned grocery/pharmacy retailer committed to nourishing people’s lives. The company takes pride in its community partnerships and gives more than $13 million annually in food to pantries that help those in need. Privately held, Schnucks operates 100 stores in Missouri, Illinois, Indiana, Wisconsin, and Iowa, and employs more than 13,000 teammates. Follow Schnucks on Facebook:www.facebook.com/schnucks. “At Schnucks, we are excited about our new partnership with Globalworx and how it will allow us to improve our in-stock position while delivering a great shopping experience to our customers each
and every day,” said Schnucks Vice President of Center Store Tim Horton. “Using the new capabilities, we will be more responsive to out-of-stock issues driven by vendor-serviced categories while also building stronger partnerships with our DSD supplier partners.”