United Natural Foods and Crisp Unveil New Platform Giving Consumer Packaged Goods Companies Enhanced Access to Retail Insights
01 Agosto 2023 - 8:00AM
Business Wire
New platform strengthens UNFI’s go-to-market
technology and services to create even more value for suppliers
United Natural Foods, Inc. (NYSE: UNFI) (“UNFI”) today announced
the launch of UNFI Insights, an exclusive product developed
with Crisp, the open data platform for the consumer goods industry.
UNFI Insights, Powered by Crisp, is designed to provide UNFI
suppliers with the most comprehensive and cohesive sales,
inventory, and deduction data across both natural and conventional
channels.
This press release features multimedia. View
the full release here:
https://www.businesswire.com/news/home/20230801377619/en/
UNFI Insights powered by Crisp gives you
clear, easy-to-understand graphs and charts that help consumer
packaged goods companies better serve their retail customers. (NB -
Data used in screenshot is for illustrative purposes only. It is
not real account data.) (Graphic: Business Wire)
The new platform builds on the relationship formed in the summer
of 2021 between the two companies, and now provides value-added
insights directly through the MyUNFI.com supplier portal. Insights
are designed to strengthen suppliers’ marketing and merchandising
efforts, and include store and category recommendations, fill
rates, voids, as well as deduction and food waste dashboards. This
will allow consumer packaged goods (CPG) companies to easily
monitor their brands’ UNFI sales and inventory levels across their
retail sales channels and manipulate and utilize UNFI data within
their own business intelligence tools such as Tableau, Excel, Power
BI. It also works with cloud-based analytics tools from Google and
Microsoft as well as Databricks and Snowflake.
“Expanding our relationship with Crisp to deliver to CPGs access
to both their natural and conventional sales and inventory data,
all housed in one location, provides CPG brands with an unrivaled
opportunity to boost their relationships and growth prospects with
retailers,” said John Raiche, Executive Vice President of Supplier
Services. “Leveraging our scale, focusing on investments in
technology, and enhancing connectivity with and market visibility
for our suppliers is expected to lead to better overall service
levels for our retail customers and differentiate UNFI in a
competitive marketplace.”
“Kraft Heinz is committed to building a single data hub to power
digital transformation initiatives and use a single source of truth
for the analytics that power our daily decisions,” explained
Stefanie McNansky, Customer Vice President-UNFI at Kraft Heinz.
“UNFI Insights, powered by Crisp, should help us drive category
growth by accessing category-level data and pushing the latest
available distribution and sales data directly into our Snowflake
cloud data platform. Having easy access to this data throughout our
organization is also expected to reduce out-of-stocks, benefitting
our retail partners while creating a better experience for our
consumers.”
UNFI Insights is expected to enable suppliers to better manage
their supply chain, through on-hand inventory dashboards, to avoid
out-of-stocks. Additionally, since reducing food waste is a core
value to both UNFI and Crisp, a significant effort was made to
provide an actionable spoilage dashboard to monitor short-dated
inventory, which should help brands identify which products are
nearing their expiration date.
“With hundreds of joint customers, the UNFI and Crisp strategic
partnership enables both natural and conventional brands to
collaborate more effectively with UNFI and their retail partners,”
said Are Traasdahl, CEO and Founder, Crisp. “By removing data
silos, data becomes more actionable, which should lead to brands
increasing profitability while reducing food waste. We applaud
UNFI’s leadership in facilitating data access and their commitment
to supplier success.”
CPG brands interested in learning more about UNFI Insights,
Powered by Crisp, should access a webinar available at:
https://www.gocrisp.com/unfi-insights-webinar.
About UNFI
UNFI is North America's premier grocery wholesaler delivering
the widest variety of fresh, branded, and owned brand products to
more than 30,000 locations throughout North America, including
natural product superstores, independent retailers, conventional
supermarket chains, ecommerce providers, and food service
customers. UNFI also provides a broad range of value-added services
and segmented marketing expertise, including proprietary
technology, data, market insights, and shelf management to help
customers and suppliers build their businesses and brands. As the
largest full-service grocery partner in North America, UNFI is
committed to building a food system that is better for all and is
uniquely positioned to deliver great food, more choices, and fresh
thinking to customers. To learn more about how UNFI is Fueling the
Future of Food, visit www.unfi.com.
About Crisp
Crisp leverages the power of the cloud to connect and normalize
retail data sources to provide real-time insights and trends. CPG
suppliers, retailers, and distributors use Crisp to manage supply
more efficiently, reduce waste and skyrocket profitability. Learn
more at www.gocrisp.com.
Safe Harbor Statement under the Private Securities Litigation
Reform Act of 1995: Statements in this press release regarding the
Company’s business that are not historical facts are
“forward-looking statements” that involve risks and uncertainties
and are based on current expectations and management estimates;
actual results may differ materially. The risks and uncertainties
which could impact these statements include those described in the
Company’s filings under the Securities Exchange Act of 1934, as
amended, including its annual report on Form 10-K for the year
ended July 30, 2022 filed with the Securities and Exchange
Commission (the “SEC”) on September 27, 2022 and other filings the
Company makes with the SEC. Any forward-looking statements are made
pursuant to the Private Securities Litigation Reform Act of 1995
and, as such, speak only as of the date made. The Company is not
undertaking to update any information contained in this press
release to reflect subsequently occurring events or circumstances.
Any estimates of future results of operations are based on a number
of assumptions, many of which are outside the Company’s control and
should not be construed in any manner as a guarantee that such
results will in fact occur. These estimates are subject to change
and could differ materially from final reported results.
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version on businesswire.com: https://www.businesswire.com/news/home/20230801377619/en/
For UNFI Investors: Kristyn Farahmand 401-213-2160
kristyn.farahmand@unfi.com -or- Steve Bloomquist 952-828-4144
steve.j.bloomquist@unfi.com
For Media: UNFI Charles Davis 215-539-1696
cdavis@unfi.com
Crisp Dana Miller 646-712-3826
dana.miller@gocrisp.com
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