Ingram Micro's IM-Logistics Engine to Provide Fulfillment, Customization And Virtual Warehousing Services for Intuit's Retail Software Products
SANTA ANA, Calif., Oct. 16 /PRNewswire/ -- Ingram Micro Inc. (NYSE:IM)
, the largest global wholesale provider of technology products and supply chain management services, today announced its U.S. IM-Logistics division is providing outsourced logistics services and supply chain support to Intuit Inc., (NASDAQ:INTU)
, maker of Quicken(R), Quicken TurboTax(R) and QuickBooks(R) software, payroll services and related small business management solutions.
(Photo: http://www.newscom.com/cgi-bin/prnh/20000801/IMLOGO )
Under the new agreement, IM-Logistics serves as the exclusive third-party logistics partner for Intuit's retail channel, fulfilling the company's world- class software products and solutions -- Quicken, QuickBooks and TurboTax -- for approximately 7,500 retail stores across the country. The industry- leading logistics provider also will support Intuit with customized and enhanced fulfillment services including tailored merchandising, freight optimization/transportation management, returns/reverse logistics and IT support.
"Intuit is committed to its retail channel and focused on providing superior customer service, in addition to its great product offerings," says Greg Santora, senior vice president and chief financial officer at Intuit. "By aligning with IM-Logistics, we are optimizing our go-to-market strategies and supply chain management practices and ensuring that doing business with Intuit is easy and effective for our retail customers."
Maximizing productivity throughout the purchasing cycle, Intuit's retailers are seamlessly linked to IM-Logistics' order management system via an electronic data interchange, thereby allowing large volumes of orders to be processed quickly.
"We are pleased to extend Ingram Micro's relationship with Intuit to incorporate outsourced logistics services and support for its retail channel," said Michael Terrell, senior vice president and general manager, IM-Logistics. "As a strategic business partner for major manufacturers and retailers like Intuit, IM-Logistics is uniquely positioned to help its customers drive costs out of their business models by maximizing logistics efficiencies and controlling inventory costs. We believe Intuit can continue to enhance its market-leading position by leveraging Ingram Micro's 20-year track record of operating excellence. This will allow Intuit to build a stronger customer purchasing experience and go-to-market business model."
About IM-Logistics
Established in June 2000 as a division of Ingram Micro U.S., IM-Logistics provides end-to-end order fulfillment, logistics and supply chain solutions to manufacturers, retailers and e-tailers of technology and consumer electronics products. IM-Logistics leverages Ingram Micro's 20-year track record in order management and fulfillment to drive efficiency in the supply chain and ensure companies can meet customer demand effectively. As the logistics engine behind Ingram Micro, the division achieves a better than 99 percent accuracy rate for order deliveries. IM-Logistics U.S. provides its services leveraging more than 4.1 million square feet of U.S. warehouse space for its industry- leading distribution and reverse logistics network, which offers one- or two- day ground coverage to more than 99 percent of the United States.
About Ingram Micro Inc.
Ingram Micro Inc. is the largest global wholesale provider of technology products and supply chain management services. The company operates in 36 countries with sales of $30.7 billion for the fiscal year 2000. Ingram Micro's global regions provide the distribution of technology products and services, marketing development and supply chain management services to more than 175,000 technology solution providers and 1,700 manufacturers. The company is focused on maximizing shareowner value and achieving customer satisfaction through innovation in the IT supply chain. Visit http://www.ingrammicro.com/corp.
Intuit, the Intuit logo, Quicken, QuickBooks, QuickBooks Pro and Quicken TurboTax, among others, are registered trademarks and/or registered service marks of Intuit Inc. in the United States and other countries. Other parties' trademarks or service marks are the property of their respective owners and should be treated as such.
Ingram Micro and the registered Ingram Micro logo are trademarks used under license by Ingram Micro Inc. All other logos, brand names and product names are trademarks of their respective companies.
NewsCom: http://www.newscom.com/cgi-bin/prnh/20000801/IMLOGO
AP Archive: http://photoarchive.ap.org/
PRN Photo Desk, +1-888-776-6555 or +1-212-782-2840
Source: Ingram Micro Inc.
Contact: Marie Meoli, +1-949-260-1300 ext. 229,
marie_meoli@benjamingroup.com, or Lisa Falcetti, +1-949-260-1300 ext. 234,
lisa_falcetti@benjamingroup.com, both of Benjamin Group/BSMG Worldwide; or
Brett Hunt of Ingram Micro Inc., +1-714-382-1403, brett.hunt@ingrammicro.com
Website: http://www.ingrammicro.com/corp
Website: http://www.ingrammicro.com/