11/21/2017 Topco partners with Glory for cash automation solutions The Store Operations team has announced its partnership with Glory, a global leader in cash technology, to offer cash automation solutions to members and customers. This partnership enables access to first-in-class cash automation technology with consultative solutions and competitive terms through Topco’s buying power and Glory’s experience. Glory has a long history of leadership in cash technology solutions and will enable interested companies with operational efficiencies and greater profitability. Topco is dedicated to providing members and customers with a competitive advantage in the markets that they serve. Glory’s unique 4D process analyzes a retailer’s cash processes to jointly deliver a customized solution for each customer. This combined effort will result in exceptional value for Topco members. By automating the movement of cash, employees can focus on customer service while reducing idle cash and improving operational efficiency. For more information, contact Vanessa Karlis, Sr. Category Manager, at 781-926-6015 or [email protected]. Read the recent press release about the partnership Here.
7/26/2017 Follett Corporation becomes a customer Topco Indirect Topco Indirect welcomes the Follett Corporation as its latest customer. Based in Westchester, IL, Follett is a privately held retailer and wholesaler in the education marketplace with sales over $3 billion. Follett serves over half of the students in the US, and works with 80,000 schools as a leading provider of education technology, services and print plus digital content. Follett is higher education's largest campus retailer and a hub for school spirit and community operating nearly 1,200 local campus stores and over 1,600 virtual stores across the continent. They are currently participating in our Electronic Payment Processing Aggregated Event and provided preliminary information on front-end plastic bags. Other categories to be explored are Logistics and Equipment. For more information, contact Briceson Jones, Director of Channel Management, [email protected].
7/11/2017 Weis Markets' TMS solution from Topco highlighted in Logistics Management publication In 2014, Weis Markets started looking for a way to gain efficiencies in its operations and improve oversight and visibility of its inbound freight logistics. To help find a solution, they needed a partner to help build their managed transportation program so they reached out to Topco Indirect’s Logistics & Distribution (L&D) Team for assistance. The L&D Team worked in partnership with their preferred supplier, Kuebix, a cloud-based Transportation Management System (TMS) solution provider, to provide Weis the best solution for their needs. The Kuebix TMS solution provided Weis with the desired technology and tracking to increase distribution efficiencies as well as inbound compliance and routing. Learn more about Weis Market’s success with Topco’s TMS solution through Kuebix by reading the July 2017 article published in Logistics Management: click here. For more information about Topco’s TMS solution, contact Susan McNamara, Director- Logistics & Distribution at [email protected].
6/16/2017 Frosty Acres becomes associate member of Topco Frosty Acres Brands a.k.a. F.A.B, a national marketing and food purchasing cooperative located in Alpharetta, Georgia, recently became an Associate Member of Topco Associates LLC. Frosty Acres provides national brands and private brands, such as Restaurant’s Pride, Butterful, Barista’s Cup, Up for Grabs and many more to its 80 Members. F.A.B. Members encompass broadliners, wholesalers, retailers, C-store distributors, and independent distributors located in the U.S., Canada, Puerto Rico, and Bermuda. Topco Indirect’s initial focus will be to market programs applicable to their largest members with the support of F.A.B., especially in the area of Logistics and Distribution to start. In addition to Indirect Spend programs, F.A.B. is also participating in Topco’s Meat program. For more information, contact Anthony Hayes, Sr. Business Development Manager, at [email protected].
5/23/2017 Topco Indirect presents at FMI's Financial Executive Forum On May 23, Steve Schmitchel, Vice President of Program Management & Business Development, facilitated a panel of member executives during the “The Economic Outlook for Retail Grocery” session at FMI’s Financial Executive Forum held in Arlington, VA. The panel was comprised of CFOs from Weis, K-VA-T and Brookshires who shared how they are partnering to develop data analysis solutions that improve CPG vendor collaboration. They emphasized the importance of improving profit margins through enhanced vendor performance visibility. To learn more about Avantis Partners, the Tradeview Analytics Solution, contact Paul Goodman at [email protected].
5/21/2017 Topco Indirect presents at ROFDA’s 2017 Spring Conference Three Topco Indirect Spend representatives presented at ROFDA’s 2017 Spring Conference held May 18-21 where ROFDA members, their partners and suppliers convened in New Orleans. John Latham, Sr. Director of Program Management & Business Development-Topco Indirect, reviewed the strategic alignment and priority opportunities with ROFDA CEOs in order to maximize the value with Topco Indirect. As part of the HR Track, David Willett, Director, and Jeanne Rigney, Category Manager of TopBenefits were invited to participate in the HR Share Group where ROFDA members shared their needs and concerns across the category in roundtable discussions. At the end of the Share Group, David and Jeanne presented the TopBenefits offerings and how these programs can be tailored to the needs of the ROFDA membership. For more information, contact John Latham at [email protected]
5/2/2017 Northgate Markets is active customer of Topco Indirect In late 2016, Northgate Markets a.k.a. Northgate Gonzalez Stores became a customer of Topco Indirect after a successful “proof of concept” of over $170K in savings in several packaging related programs. Northgate Markets operates 44 stores throughout Los Angeles, Orange, and San Diego counties with estimated sales of $1Billion with stores offering traditional services such as a meat department, bakery, and prepared foods, in addition to a large selection of domestic and imported Latin American grocery goods. They focus heavily in catering to the Hispanic Markets and are enjoying favorable demographic trends within their market region; anticipating above average sales growth for 2017. Currently, Northgate is investigating several programs with the Topco Indirect team including Cardboard recycling, pallet management, and unloading services to name a few. Topco and Northgate Markets are looking forward to a strong partnership in 2017 and the potential savings opportunities across all 10 of the Indirect Spend categories.
4/20/2017 Topco Indirect to hosts its 2018 Summit in Orlando The Topco Indirect team will host its 2018 Summit at Loews Royal Pacific Resort at Universal Orlando from Sunday, January 21 - Tuesday, January 23. This “invitation only” event will provide Topco members, customers and preferred suppliers with great networking opportunities through a 1 1/2 day Supplier Showcase and pre-scheduled one-on-one private meetings. In addition to the Showcase, members and customers will attend 10 category specific tracks to learn about their respective area of decision making in construction, equipment, financial services, HR Benefits, IT/Telecom, logistics & distribution, marketing, packaging, store operations or waste management. Separate industry specific presentations as well as category meetings will be added to this year’s agenda to enhance the overall value of the event. Approximately 130 supplier companies are expected to attend and over 200 member and customer attendees from 50-70 grocery retail, wholesale, and other foodservice companies across the US. For more information, contact Carol Mather, Sr. Communications Manager, at [email protected].
2/1/2017 Topco Partners with Symphony EYC to Provide Customer-Centric Insights and Reporting to Retail Members Topco and Symphony EYC, the leading provider of software and services for retailers, wholesalers and manufacturers, have announced the establishment of an aggregated solution to provide Topco member retailers with both insights and reports to help drive ID store sales. Together, Symphony EYC and Topco are able to deliver an aggregated set of customer data across multiple member retailers that can be shared with their Consumer Packaged Goods (CPG) partners, allowing Topco members and CPG partners to design and run better programs that ultimately deliver higher sales. In addition, through this partnership with Symphony EYC, Topco will further leverage customer insights into their own-brand label business supporting their member retailers. Partnership provides Topco members and suppliers with better understanding of consumer shopping patterns and decision-making across the aggregate, helping drive business growth and gaining a sustainable competitive advantage. Click here for full press release.
1/26/2017 2017 Not-For-Resale (NFR) Champions conference hosted by Topco Indirect Held in Scottsdale, AZ, January 22-23, Topco's Indirect Spend Team hosted the 2017 two-day NFR Champions Conference attended by twenty-five NFR Champions representing 18 Topco members and seven customers in grocery retail, other retail, and wholesale companies. An NFR Champion is a liaison for their company with Topco Indirect, to encourage participation by their company in Topco programs. The Topco team gave on overview of 2016 and plans for program roll-outs in 2017. Specific category presentations were given by the Category Leads from Packaging, Marketing and Waste solution. The presentations helped to begin the conversation encouraging members to review the proposed 2017 programs and understand the potential value of greater savings and enhanced member-to-member collaboration. Sprinkled throughout the agenda were formalized success stories presented by members and customers that were well received. A break-out session was also held with wholesaler attendees to discuss how to most effectively align on initiatives across all wholesale members. The session included a presentation on managed transportation services by Kuebix, a preferred Topco supplier. For more information, contact John Latham, Senior Director, Program Management and Business Development at 781-926-6021 or [email protected].
11/29/2016 Central Grocers becomes a member of Topco Topco Associates LLC welcomes Central Grocers, a wholesale cooperative based in Joliet, Illinois which supplies more than 500 independent retailers in greater Chicago and Indiana. According to Central CEO Ken Nemeth in a recent interview with Supermarket News, Central Grocers has agreed to become a member-owner of Topco Associates, saying the move would provide new products and lower prices for Central’s retailers while lowering its cost of doing business. Regarding indirect spend areas, the Topco Indirect Spend is currently in discussion on pertinent programs especially in the area of logistics and distribution. For more information about the partnership click here.
10/13/2016 Price Chopper swtiches to Topco's Simply Done Price Chopper, one of Topco's member companies and active company with Topco Indirect Spend programs, has replaced some of its own private-label products with the Simply Done brand in its stores in New York, Pennsylvania and New England. Simply Done is a marketing brand name created by Topco; and is availble to all of its member companies. To learn more about Simply Done contact Topco at www.topco.com. See article about Price Chopper by clicking here.
8/31/2016 Topco Indirect Spend Hosts NFR Champions Conference in Quincy, MA The Topco Indirect Spend Team recently hosted its 2016 NFR (Not for Resale) Champions Conference in Quincy, Mass. The two-day event provided a full agenda for the twenty member attendees comprising a mix of wholesalers and retailers. Topco NFR Champions are members or customers who act as representatives for their organization with regard to Indirect Spend programs and services. NFR Champions work closely with the Topco Indirect Spend teams to help increase participation and drive aggregation. Serving as the point person Topco, they also help Topco and their organizations work through challenges and help develop new Indirect Spend programs to fill the needs of their organizations. Topco President & CEO Randy Skoda helped kick off the conference by introducing Topco’s Governance Initiatives and providing updates on Topco’s Center Store Sourcing Commitment. Members and customers also heard from Greg Magrisi, Vice President of Sourcing, on how the Indirect Spend can use that model to lower cost, improve supplier performance and drive transparency. This message was followed up by interactive commodity presentations and round table discussions, which focused on developing strategies for aggregation and enhancing member experience. To learn more about Topco’s NFR Champions, contact John Latham, Senior Director, Program Management, Indirect Spend at 781-926-6051 or [email protected].
7/6/2016 Topco Associates LLC Partners With Coretex to Support FSMA Guidelines and Cold Chain Solutions. Topco has partnered with Coretex, a leading supplier of asset management solutions for cold chain operators, to support Topco's member-owners' and customers' efforts to adopt the upcoming Food Safety Modernization Act (FSMA) mandates. Adhering to the April 2017 FSMA requirements is critical to the Topco client base as the legislation aims to ensure both human and animal foods are free of contamination across the food supply and during transport. For more information, click here to read the press release.
7/1/2016 Topco Indiect Spend and iGPS Logistics Launch Total Pallet Management Program. Topco and iGPS Logistics, the leading Plastic Pallet Pooling service provider in North America, have announced the expansion of their business relationship to provide a Total Pallet Management program (TPM) to Topco's member-owners and customers. Topco's new TPM program through iGPS is a complete pallet management service that involves handling all pallet platforms in the supply chain including labor and equipment needed to perform the operation. For more information, click here to read the press release.
4/25/2016 iControl partners with Topco to offer an Alcohol Payments Solution. Topco recently partnered with iControl Data Solutions (iControl), a leading process improvement and business insights provider, to offer Topco's members and customers an Alcohol Payments Solution. Historically, alcohol payments had been an area where retailers in 30+ states had to pay cash on delivery for beer, wine, or spirits. With a recent shift in the industry, iControl’s solution will allow retailers to facilitate alcohol payment transactions electronically. For more information, click here to read the press release.
2/24/2016 Topco Issues Press Release regarding feedback of Topco’s 2016 Indirect Summit. Attendees gave the 2016 Summit high marks, noting the strong networking opportunities, effective roundtable and panel discussions, quality face-to-face business meetings between members and suppliers, and good trade show layout. Ron Ferri, Executive Vice President of Operations, Tops Markets, LLC stated, “The summit was definitely value added. I have had several follow up emails already and will continue to explore some opportunities. The event was top notch and an outstanding job by the Topco Indirect team.” A first-time attending supplier had positive words to say about the two-and-a-half-day conference. “In my 40 years at my craft I have attended many, many conventions. Nothing has compared to this one. I can’t wait to provide our Senior Management with the report out and the cost/benefits. The Topco team was customer focused and service driven,” stated Charlie C. Williams, Manager, North East Regional Preferred Accounts from Johns Manville, A Berkshire Hathaway Company that provides commercial and industrial roofing products to supermarket, food retail and manufacturing building owners. To read the full press release, click here.
2/8/2016 Topco’s Indirect Spend team hosts successful 2016 Summit for hundreds of procurement decision makers. Fifty Topco member and other retail companies along with 154 suppliers attended last week’s 2016 Topco Indirect Summit held at Orlando’s Gaylord Palms Resort (Feb 1-3). The two and a half day event included a robust agenda including ten category-specific seminars integrated with round-table and panel discussions. These well attended sessions delivered participants with program and industry-specific information in indirect spend areas including construction, equipment, financial services, HR Benefits, IT/Telecommunications, logistics & distribution, marketing, packaging, store operations and waste services. In addition to the category tracks, Topco's supplier partners displayed their products and services in the Supplier Showcase and met with attendees in the popular pre-scheduled twenty minute private meetings. During the closing ceremonies, Topco presented the prestigious Member & Supplier Awards given to those companies that demonstrate the true partnership of working with Topco Indirect Spend. Member winners included Affiliated Foods Midwest, Big Y, Brookshire Grocery, K-VA-T/Food City, Stater Bros, Price Chopper and Hy-Vee. Supplier award winners included Marsh & McLennan, Univeral Media, Rite Hite, McLeod & Dewey, and Novolex. For more information about the 2016 Summit, please contact Carol Mather (Sr. Communications Manager, CMP) at [email protected] A 2018 Summit is planned but exact details have not been finalized.
12/21/2015 Lucky’s Market becomes a customer partner of Topco Indirect. Topco’s Indirect Spend team is pleased to announce the partnership with Lucky’s Market, a 16 store grocery chain that prides themselves in promoting local farm and organic produce. They are located across 11 states including Colorado, Florida, Georgia, Indiana, Iowa, Kentucky, Michigan, Missouri, Montana, Ohio, and Wyoming. Seven new store openings are planned for 2016 in various locations. Topco looks forward to working with Lucky’s with initial focus on areas such as 3rd party distribution, equipment, construction, packaging & consumables, and hired services. For more information about this customer partnership, please contact Anthony Hayes, Sr. Business Development Manager - Topco at [email protected]
10/28/15 Topco and Aptaris partnered to release study on Supermarket advertising and promotional Practices Topco and its partner, Aptaris, an enterprise marketing and promotions management innovator, are proud to announce results from the groundbreaking report "Advertising and Promotional Practices Among U.S. Supermarket Retailers." The recent study contains responses from a benchmarking survey of 21 supermarkets representing more than 3,000 stores and $73 Billion in annual retail sales. Results provide a detailed look at the successes from current practices in advertising and promotion along with the future direction for supermarkets. A key finding suggests nearly half of U.S. grocers are emphasizing customized content and adjusting depth of promotional discounts. Included in the findings are: 1-spending on advertising and promotional vehicles, 2-changes in media mix and digital communications strategies, and 3-promotional execution and software solutions. For those who missed the live webinars, we invite you to review the wealth of information in the Advertising and Promotional Practices report in two ways:
* Watch the pre-recorded webinar at goaptaris.com
* Download the data-rich white paper at goaptaris.com
To learn more about the report, contact Rich Duda (Category Analyst, Marketing) at 781-926-6072 or [email protected].
9/22/2015 Alliance Cost Containment (ACC) recently became a customer partner of Topco Indirect. Topco Indirect is pleased to announce the partnership with ACC, a company that helps organizations reduce their operating expenses by utilizing cost managemeng programs providing services in 35 indirect spend categories. The synergies between the two companies make this a powerful partnership since Topco Indirect can source a myriad of programs especially in food service areas to support ACC's 300 C-Stores, 110 Taco Bells, and 250 Long-term Care Facilities. Topco looks forward to working with ACC in areas of janitorial supplies, propane, ATMS plastic bags, small wares, gloves and pharmacy. For more information about this customer partnership, please contact John Latham, Sr. Director Program Management & Business Development- Topco at [email protected].
6/10/2015 Topco's Indirect Spend Solutions program showcases e-sourcing expertise, packaging services, and auctions at the Topco SuperShow. Member attendees learned about the innovative sourcing solutions provided by Topco's Indirect Spend Solutions program including the power of on-line auctions available for both for-resale and not-for-resale products. Discussions with members focused on how the Indirect Spend Solutions team can help lower member costs across 12 indirect spend categories, support innovative business solutions, and provide e-sourcing services. In addition, the Packaging Services team showcased its ability to procure labels, film, cartons, liner boards, and paper and plastic bags. The team also spotlighted several new items and brands with a special focus on brand redesigns that are in process or completed for both Topco and member labels. Topco's Indirect Spend Solutions program supports areas including packaging & consumables, construction, store equipment, fuel, hired services, HR benefits, IT/telecommunications, marketing/advertising & merchandising, logistics & distribution, utilities, travel, and waste management. For more information on Topco's Indirect Spend program, contact Rich Minio (Category Director-Packaging) at 781-926-6084 or [email protected]. For information specific to auctions, please contact Valerie Sweeney (e-Sourcing Manager) at 781-926-6089 or [email protected].
6/5/2015 Topco Associates, LLC and Audit Technology Group (ATG) announce joint venture partnership to deliver the TradeView Analytics™ solution helping retailers drive margin Topco Associates LLC and Audit Technology Group (ATG) announce their new partnership to create Avantis Partners. The new venture combines ATG's transaction data aggregation analytics platform with Topco's category management expertise which delivers retailers with on-demand views of vendor performance through a SaaS application known as TradeView Analytics™. The application offers visibility into trade funds at the most detailed item level providing a comprehensive picture of net costs as well as comparative benchmarks to drive optimal vendor negotiations. TradeView Analytics™ is available to all retailers beyond the Topco membership. For more information, click here to read the press release.
4/30/2105 Seegrid Partnership provides New Vision Guided Vehicles to Increase Hi-Lift Productivity and Reduces Manned Putaway Travel Topco’s Logistics & Distribution team has partnered with Seegrid to provide companies with simple, affordable, flexible vision guided vehicles to be used in materials handling areas. These unmanned vehicles operate without wires, lasers, tapes, or magnets, and provide operational flexibility for automated material flow in warehouses and manufacturing facilities. Giant Eagle, a long time Topco member, currently utilizes the Seegrid vision guided pallet trucks in their distribution center to transport 25-35% inbound pallets to identified drop locations. Giant Eagle was challenged to reduce wasted travel time for hi-lift operators without adding costs and improving workplace safety. Vision guided pallet trucks transport 25-35% of all inbound freight. With the help of vision guided vehicles, Giant Eagle was able to 1) increase hi-lift pallets per hour by 35%-45%; 2) experience an average savings of 1.5 minutes per pallet hauled; 3) reduce manned travel from putaway by 20-30%; and 4) report zero safety incidents. View action videos: seegrid.com/videos. For more information, contact George Sergi at [email protected].
2/25/2015 New food and workplace safety program drives operational excellence Topco's Hired Services - Store Operations team has partnered with Steritech, the leading provider of specialized brand protection services in North America, to assist companies in meeting their top priorities - providing an exceptional and consistent shopping experience and increasing store traffic. This new program helps members ensure that all of their operations adhere to strict principles pertaining to cleanliness, maintenance, food safety, and product quality using Steritech's assessment services. In addition, the Steritech specialists engage members' teams with a positive and uplifting experience, not only identifying any improvement opportunities, but also recognizing what your employees do well. For more information, click here or contact Drew Scott (Category Manager, Hired Services-Store Operations) at 781-926-6067 or [email protected]
1/14/2015 NFR Champions Conference generates Indirect Spend Management Opportunities Held Jan 12-14, 2015, the Topco Indirect Spend Team hosted its 2015 NFR Champions Conference in San Diego, California attended by twenty-one Topco member companies and one customer. The two-day event included a robust agenda of presentations, two round table sessions and a member panel discussion. This led to lively peer-to-peer sharing and member input to strengthen current and future Topco Indirect initiatives. The round table discussions focused on identifying strategies for growth and improving the value proposition within the sourcing process to enhance the overall member experience with Topco Indirect. The four member panel, represented by Big Y Foods, Brookshire Holdings, Affiliated Grocers (Baton Rouge) and Weis Markets, shared their positive experiences with the new 3rd Party Supplies Distribution program. The overall agenda fostered high engagement among both seasoned members and new attendees to the conference generating excitement for 2015. For more information, please contact Cindy Allen-Murphy (Sr. Program Manager, Topco Indirect) at 781-926-6052 or [email protected]
11/21/2014 New Managed Transportation Services Solution launched with Weis Markets Topco entered into an agreement with Weis Markets to manage scheduling of all Topco and Non-Topco grocery transportation into Weis’ distribution centers plus coordinate their inbound freight shipping through pre-selected Topco carriers. This annoucement came after the launch of Topco's Managed Transportation Services (MTS) Solution, an inbound transportation program designed to provide our customers with an integrated solution that efficiently streamlines rate negotiations, shipments, financials and business intelligence. Program benefits allow our customers to take advantage of pricing negotiated by Topco, optimize vendor unloading costs, and provide real-time comparisons of vendor CPU (customer pick-up) rates versus calculated VDS (vendor direct ship) charges. In support of this solution, Topco’s supplier partner CarrierStore has developed a Transportation Management System (TMS), a new technology that provides complete transparency ensuring that every shipment is processed optimally. For more information about this new program, contact [email protected].
10/23/2014 Quincy Based Employees help MA Food Bank For the 7th consecutive year, our Quincy based employees donated food and/or volunteered their time to The Greater Boston Food Bank, a non-profit organization that serves more than 394K people each year through hunger-relief agencies throughout eastern Massachusetts. Twenty-three employees gave of their time to sort 6452 pounds of food which provided 3970 meals to needy families. This “feel good” event is always enjoyed by those that participate to help relieve hunger among the less fortunate, and to continue Topco Indirect Spend Program’s commitment and contributions to the local community. For more information, go to www.gbfb.org/.
9/12/2014 Topco Indirect Announces its 5th Biennial Summit Scheduled for February 1-3 at the Gaylord Resort & Convention Ceter in Orlando, FLA, the Topco Indirect Spend team will hosts its fifth biennial event (formerly TopSource). The event brings together Topco members, customers and preferred suppliers in one venue for 10-category tracks sessions, a tradeshow and tremendous networking opportunities. The highlight of the event is the Supplier Showcase where suppliers display their products and services; and meet with customers in 20-minute private meetings. Click here to see the 2014 Summit video.
6/11/2014 Topco’s Indirect Program announces strategic partnership with Seegrid Through Seegrid, Topco’s members and customers can now use vision-guided automated guided vehicles (AGVs) in their warehouses and DCs. Seegrid’s automated pallet trucks, tow tractors, and walkie stackers are revolutionizing the unmanned transportation of goods in manufacturing and distribution facilities. The revolutionary vision-based navigation system allows Topco Indirect companies the flexibility to train and change routes immediately and provides an affordable automation solution. Click here for press release.
6/9/2014 Aptaris tapped as Preferred Provider for Enterprise Marketing and Promotions Management Topco Indirect looks forward to working with Aptaris, a marketing software innovator, to support its members and customers in optimizing promotional programs. The Aptaris software allows instant visibility into the entire promotions process, boosting communication between marketing and merchandising teams and connecting effective promotions with profitable growth. Click here for press release.
5/22/2014 Topco's Indirect Spend Program showcases its sourcing expertise & Packaging Services at Topco's Supershow Held in Schaumburg, Illinois, Topco hosted its annual Supershow for its for-resale buyers May 19-22nd. Along with for-resale booth visits, Topco Indirect Spend Solutions unveiled its new booth for the first time at the Show. Members stopped by to learn about the innovative sourcing solutions provided by Topco's Indirect Spend Team. Discussions with members focused on how the Team can help lower member costs across 12 indirect spend categories, customize sourcing needs including e-Sourcing and support innovative business solutions. In particular, the Packaging Services team showcased new technologies, highlighted its ability to procure packaging labels, film, cartons, liner boards, paper and plastic bags, as well as offer inventory management and private brand packaging administrative services.
5/1/2014 A key Construction Supplier, ASSA ABLOY, gets recognized on Forbes’ list of the world’s 100 most innovative companies Our Construction team is proud to announce that their key auto door supplier, ASSA ABLOY, was recognized as Forbes' top 100 innovative companies in 2013. ASSA ABLOY is the global leader in door opening solutions and offers a more complete range of door opening solutions than any other company on the market. In the fast-growing electromechanical security segment, the company has a leading position in areas such as access control, identification technology, entrance automation and hotel security. Topco members and customers are currently on the program and welcome more participants on this great program. Click here to see press release of announcement.
4/4/2014 TopSource is renamed Topco, representing Topco's Indirect Spend Program. TopSource is officially renamed to Topco to integrate more closely with Topco's branding strategy and establish One Topco for its members, customers and suppliers. While the company name is changing, the team’s mission to provide indirect spend solutions and foster business partnerships is not. The Indirect Spend team will continue to provide innovative solutions and cost savings opportunities for Topco members and customers for indirect (or not-for-resale) products and services. Areas of support include construction, store equipment, fuel, financial services, store operations, hired services, IT/Telecom, logistics & distribution, marketing & advertising, office products & services, packaging & consumables, travel and waste solutions. For more information, please contact Carol Mather (Senior Communications Manager-Indirect Spend Program) at 781-926-6053 or [email protected].
3/15/14 Griffin Report captures photos and recognizes success of TopSource Summit A record number of attendees participated in the bienniel TopSource Summit. Grocery retailers, wholesalers, restaurants and other retailers attended, along with 150 supplier companies who displayed their products and services in the "Supplier Showcase" trade show. The TopSource team welcomed participants to learn about their hundreds of offerings, mobility solution, auction service, and on-line commerce site for wholesale companies. Click here to view photos
3/7/14 Harps Foods becomes latest TopSource customer TopSouce welcomes Harps Food Stores, a chain of 79 grocery
stores located in Springdale, Arkansas with sales approaching $1B, as the newest customer. Harps joined TopSouce after attending the January Summit as a prospective customer. According to John Latham, Director of Business Development, "The TopSource team was able to "wow" the Harps team by showcasing our subject matter expertise. As a direct result of those efforts, Harps signed on as a TopSource customer". Several potential opportunities have been identified.
2/11/14 Topco partners with CSCS to drive member value and reduce procurement costs. Topco's Indirect Spend Program, a division of Topco Associates, one of the largest U.S. cooperative buying organizations for retail food, is pleased to announce a new strategic partnership with Centralized Supply Chain Services, LLC (CSCS®), the sole purchasing agent for Applebee's and IHOP restaurants. The partnership will provide additional savings opportunities for CSCS by leveraging the significant buying power of Topco's customer base. Click here to read the full article.
12/30/13 2014 Summit pushes members to "Think BIG!"
More than 200 Topco members and customers, representing 45 organizations and 151 supplier companies, convened for the industry's biggest not-for-resale event at the T2014 Summit this week. Nearly 700 attendees experienced the Summit's theme of "Think Big," by learning about the power of aggregation, hearing about innovative strategies and sharing knowledge across 10 not-for-resale (NFR) categories. Following the afternoon NFR Champion Meeting and Stakeholder "Meet & Greet" reception, Day 1 was officially kicked off with a welcome reception and dinner, capped off with a motivational speech from 1992 Olympic skier Vince Poscente. Day 2 featured multiple business meetings for suppliers, new and experienced stakeholders, NFR Champions and Member Action Committee (MAC) members. The highlight of the day was the well attended 10 category-specific conference tracks, which provided members and customers with industry-specific knowledge and discussions to drive participation in each of the program areas. The Supplier Showcase was the highlight of Day 3. Suppliers met with members and customers in 20-minute private meetings. In addition, the Showcase featured demonstrations of Topco's Member Portal, Auction Services' Ariba tool and the Packaging Services team's display of innovative packaging solutions. New programs also were unveiled, including the Topco Small Business Portal, an independent retailers' marketplace for wholesale members, Topco's Mobility Project and the Topco Media Management program. For more information about the Summit, please contact Carol Mather (Senior Communications Manager, CMP) at 781-926-6053 or [email protected]
12/3/13 Topco invites sourcing professionals and others to attend reverse auction webinar. Topco invites you to attend an informational webinar on reverse auctions to be held Wednesday, December 11, 2013, 2:00 pm-3:00 pm EST. Panelists include Chuck Wright, Director of e-Sourcing, and John Latham, Director of Business Development. In this FREE web seminar, attendees will discover the benefits of online reverse auctions to significantly improve their bottom line, deliver huge business savings, and help gain additional benefits from their Co-Op. Participants will learn how to achieve immediate and sustainable savings, reduce negotiation time by 50% - 60%, identify and qualify new suppliers to meet their company's needs, and maximize competition in online auctions using complete price transparency. Registration is now open, CLICK HERE to register for the one hour webinar.
10/23/13 IUPAT (International Union of Painters and Allied Trades) partners with Topco's Indirect Spend Program. IUPAT recently joined Topco as a new customer, with the goal of identifying savings for their members, sharing best practices, and building new business operating efficiencies into their sourcing and procurement decisions. The IUPAT represents men and women in North America who work in the Finishing Trades of commercial and industrial painting, drywall finishing, glazing, floor covering, sign and trade show/convention display. For more information on IUPAT, please visit their website at www.iupat.org.
10/10/13 Hancock Fabrics seeks business savings through Topco's Indirect Spend Program. Mississippi based Hancock Fabrics, Inc, a leading fabric retailer, announced its business partnership with TopSource. Hancock Fabrics was founded in 2008, and is a leading nationwide fabric chain, operating 266 stores in 37 states, and competes with retailers such as Jo-Ann Stores. The company offers fabrics, crafts, sewing machines, and accessories, and also sells merchandise online. Hancock Fabrics and TopSource believe significant opportunities exist to work together to add efficiencies to Hancock Fabric's business operations and purchasing decisions. Vist their website at www.hancockfabrics.com.
10/10/13 Outsourcing your FF&E sourcing needs allows you to focus on your core business. To keep pace in the competitive retail supermarket industry, grocers continue to build, remodel and retrofit their existing stores to attract current and future customers by keeping up with the latest equipment and technology. In this process, grocers need to coordinate the movement of equipment and other items from the manufacturer to the respective project site, not necessarily to the store, which isn't an easy task. Today's existing paradigm involves several steps to assure the equipment reaches the appropriate destination. First, grocers spend significant time and energy purchasing equipment from manufacturers, and vetting quality and price. Once the equipment order is complete, the grocer then tasks the manufacturer with the responsibility of determining the appropriate mode of transportation and getting the equipment to the specified destination on time. It's in that hand-off to the manufacturer where the typical grocer loses control of costs and timing of deliveries. Often, the grocer has no guarantee that the freight gets to the right place at the right time. Read the full Progressive Grocer article.
8/15/13 CHA joins Topco's Indirect Spend Program Topco has announced a new partnership with the Connecticut Hospital Association (CHA), with a three year agreement now in effect. CHA is a trade association representing more than 140 hospital and healthcare-related facilities in the New England area. Although CHA currently has an internal group purchasing program, the ”CHA Shared Service Program” which primarily focuses on medical related items, by partnering with Topco, CHA can expand its portfolio of services to include operational and indirect products and services. The TopSource strategic sourcing team will work directly with individual CHA member companies to support their sourcing needs. TopSource will explore opportunities to aggregate the total CHA member spend in specific non-medical commodities needed by indivdual hospitals. An extensive list of product and services opportunities has been developed. CHA members can choose from this list according to their needs, or develop a custom program to target specific non-medical products and services. The CHA-TopSource partnership is a result of the highly successful Griffin Hospital-Topco partnership, in effect for several years. Griffin Hospital is a CHA member.
8/7/13 CUSP locks in a 3 year electricity deal with Topco's Indirect Spend Program The Cooperative For Union Services & Products (CUSP) locked in a 3 year fixed pricing contract for all three CUSP member Unions covering 5 locations owned by these Unions. Topco was able to save CUSP $138,512 compared to the published future rates they would have paid over the next few months if they continued to employ the same purchasing strategy.
7/25/13 Innovia Community Management Cooperative partners with Topco's Indirect Spend Program to Leverage Buying Power for Homeowner Associations Innovia Community Management Cooperative, a cooperative of progressive independent community management companies in North America, announced its strategic partnership with Topco. Together, Innovia® and Topco will work to provide innovative solutions and savings to homeowner associations and their community residents especially in areas such as exterior maintenance and security guard services. Innovia Community Management Cooperative is a division of CCA Global Partners®, one of the largest privately held companies in the United States, with 13 distinct businesses and leader in developing programs and services that help independent business owners. Click on prese release here.
5/31/13 Applebee's & IHOP restaurants purchasing cooperative, CSCS, becomes newest Topco customer
Centralized Supply Chain Services (CSCS) signed a multiple year contract with Topco. CSCS is purchasing cooperative for the Applebee’s and IHOP restaurants with over 3,400 locations across the US. Topco looks forward to working with such a reputable organization and supplement them in several of their not-for-resale (more commonly known as indirect spend) decisions. For more information on CSCS, go to their website at www.cscscoop.com.
5/21/13 Packaging Service and Not-for-Resale items showcased at Topco Supershow Topco's indirect Spend Program recently showcased a booth to display its Not-for-Resale (NFR) expertise to Topco members. This year the focus was on Packaging services and NFR products and services. One-on-one meetings were held with members focused on how Topco can help lower member packaging costs, customize sourcing needs and support innovative package technologies. In addition, they heard about TopSource Packaging Services, which procures packaging labels, film, cartons, liner boards, paper and plastic bags as well as offers inventory management and private brand packaging administrative services. Topco Packaging & Consumables represents $225 million in annual volume and Packaging Services procures more than $20 million in packaging each year. Click here to read more about Topco Packaging & Consumables solutions.
4/15/13 Topco sources one of the largest aggregation events via T-Shirt Bag In mid April, Topco's Indirect Spend Program conducted an aggregated sourcing event for front end plastic bags, commonly referred to as t-shirt bags, which included 26 grocery, retail and wholesale companies representing a total spend of nearly $70M. According to several bidding suppliers, this event was the largest bid for t-shirt bags that they have ever seen put out to market, even when compared to Walmart. Within the $70M aggregated spend, a subset of 12 companies chose to combine their spend in a “group award lot” representing $17M in annualized sales. Those companies in the group award lot saved on average 11.5% versus 4.3% savings for those that chose to have their business run individually. The result achieved in the group award lot displayed the true power of aggregation and how companies can benefit from leveraging the collective spend and sourcing techniques to cut product costs.
3/27/13 Topco aligns with 5.11 Tactical as new customer. Topco is pleased to bring on board a new customer, 5.11 Tactical , who leads the industry in delivering functionally innovative gear, head to toe. 5.11 Tactical creates superior products that enhance the safety, accuracy, speed, and performance of law enforcement, military and firefighting professionals. Built on a foundation of durability, quality, and value, 5.11 Tactical was ranked #211 on the 2007 Inc. 500 — Inc. magazine’s annual ranking, by revenue growth, of privately-held, independent, U.S.-based companies. For more information, visit their website at 511tactical.com
3/18/13 New Reasor partners with Topco. Topco welcomes Reasor's, primarily a grocery chain with two C-stores, as its latest customer to its base of 65+ companies comprising grocery, food service, drug stores, c-stores and other retailers. See more information in the press release by clicking here.
3/7/13 TopSource key part of Topco's Annual Membership Conference. The Topco Executive Team played a major part in Topco's Annual Membership Conference (AMC) held each year for Topco's member C-level representatives. Key programs were presented by both companies along with an exhibition of various Topco products. Topco presented their new spend analysis tool called "TopView", successful results on the Waste Solutions program and an update on the new Mobility Solution.
2/28/13 Reasor’s Supermarket becomes latest Topco customer. The $500M supermarket operator with nineteen stores located in Oklahoma became a customer of Topco in late February. Among their nineteen stores are two convenience stores with gas pumps. Find more about Reasor's at http://www.reasors.com
1/22/13 Topco hosts its annual Not-for-Resale Conference in New Orleans. This two-day event held for Topco's "Not-for-Resale" (NFR) Champions, sponsors and/or executives representing each customer company, included a mix of presentations and open discussion about past and current Topco Indirect Spend initiatives. The open discussion led to lively peer-to-peer sharing and member/customer input to strengthen TopSource's current and future initiatives. Topco presented an update on its Waste Solution program followed by success stories from Big Y Foods and United Supermarkets representatives, who maximize the program to help develop efficient waste removal and recycling practices. The program included guest speaker and author of The Influence Edge, Alan Vengel, who talked about the importance of influence using interactive role playing as part of his overall presentation. Other event highlights included an off-site demonstration of Topco's tractor truck and fun activities.
1/9/13 New Union Cooperative Partners With Topco to Drive Down Purchasing Costs. Topco recently announced a partnership with the newly formed Cooperative for Union Services and Products (CUSP). Headquartered in Bethesda, CUSP opened its doors on January 2, 2013. Its sole objective is to drive down costs unions incur every day in representing their members. CUSP members include the International Association of Machinists and Aerospace Workers and the International Union of Painters and Allied Trades with plans to expand to other unions and affiliated organizations. CUSP is a brand new organization starting from the ground floor, and selected Topco as its procurement partner to conduct all of their sourcing works, transportation, logistics, and more. Read the full press release.
1/9/13 Belle Foods partners with Topco to reduce procurement costs. Belle Foods in November 2012 announced its strategic partnership with Topco, the largest cooperative buying organization for retail food in the United States. Topco assists retail, wholesale and food service companies manage and cut procurement costs across indirect product and services including store equipment, hired services, logistics and distribution, waste management, HR Benefits and several other categories of business. Based in Birmingham, Belle Foods is a family-owned neighborhood grocer with 57 retail stores located across Alabama, Florida, Georgia and Mississippi. Belle Foods takes pride in providing great quality food, excellent customer service and affordable prices in a clean, family-friendly environment. In conjunction with supplier partners, Belle Foods and TopSource believe significant opportunities exist to work together to add efficiencies to Belle Foods’ grocery operations and purchasing decisions. For more information, please contact Carol Mather at [email protected].
11/7/12 TopSource is pleased to partner with Griffin Hospital as its first healthcare customer TopSource issued a press release to formally announce its partnership with its first healthcare customer -- Griffin Hospital, a 160-bed, acute-care community hospital that serves more than 100,000 residents in southeastern Connecticut. TopSource is able to provide several non-medical products and services to help Griffin save significant dollars in not-for-resale areas. Click here for press release.
9/11/12 Press Release announces Arby's supply chain cooperative as new TopSource customer TopSource is pleased to welcome its first QSR (Quick Service Restaurant) to its customer base, ARCOP. ARCOP is the buying cooperative for Arby's fast food restaurant chain primarily known for its roast beef sandwiches. TopSource will bring significant savings opportunities and add efficiencies to Arby's restaurant operations and purchasing decisions across its 3500 US and Canada based restaurants. Click here for the full press release.
8/2/12 TopSource and FMI planning pilot phase for independent retailers As part of the recent TopSource and FMI business partnership, both companies are working together to roll-out a pilot of three TopSource select commodities to a few FMI independent retailers. TopSource helps grocery and other retailers control spend and cut significant procurement costs in multiple business areas while FMI supports food related companies with education and research to improve the overall food industry.
7/24/12 Arby's Supply Chain Cooperative, ARCOP, becomes newest TopSource customer Located in Atlanta, Georgia, ARCOP is a leading supply chain cooperative for Arby's, a privately held fast food restaurant chain primarily known for its roast beef sandwiches. Arby's has over 3,600 restaurants in the US and Canada with company-owned and franchised locations. Both ARCOP and TopScource believe significant opportunities exist to work together to continue to drive down procurement costs in the food service industry.
4/30/12 FMI announces partnership with TopSource The Food Marketing Institute (FMI) of Arlington, Va., announced a strategic business partnership with TopSource LLC, a wholly owned subsidiary of Topco LLC, the largest grocery retail cooperative in the US. This partnership will provide FMI members with programs to support their businesses with significant savings in not-for-resale areas. To see press release, click here.
3/15/12 Positive feedback received from Summit attendees Survey feedback gave the 2012 TopSource Summit high marks as attendees noted strong networking opportunities, effective roundtable discussions, quality face-to-face meetings, and good trade show layout. The next TopSource Summit is scheduled for early 2014.
3/15/12 Positive feedback received from the 2012 TopSource Summit attendees Survey feedback gave the event high marks as attendees noted strong networking opportunities, effective roundtable discussions, quality face-to-face meetings, and good trade show layout. The next TopSource Summit is scheduled for early 2014.
3/1/12 Fred's Inc. becomes TopSource customer Fred's Inc., a large retail company headquarted in Memphis, Tennessee becomes TopSource's latest customer. Fred's operates almost 700 discount general merchandise stores, including 24 franchised stores, mainly across the southeastern states. TopSource welcomes Fred's to its list of non-grocery customers.
2/9/12 TopSource hosts largest not-for-resale event in retail industry TopSource issued a press release to announce its successful 2012 Summit held January 30-Feb 1 where over 225 procurement professionals and 150 suppliers met in Las Vegas for their bienniel customer/supplier event. The event encompassed private face-to-face meetings between customer and supplier held during the one-day tradeshow plus multiple seminars regarding the latest TopSource programs and industry trends in indirect spend buisness areas; i.e. store equipment, energy management, marketing, HR Benefits, transportation, waste management, and much more. To find out more about the event, click here.
1/17/12 Grocers find TopSource as strong sourcing company Today's issue of Supermarket News highlights TopSource as a strong sourcing company for grocers and retailers especially in not-for-resale procurement areas. TopSource uses several strategic sourcing approaches to help grocers and other retailers control costs and save significant dollars. TopSource saved twelve customers $7.5M in the areas of floor care, snow plowing and landscapring by providing a customized type sourcing event for regional buying. For full article, click here.
1/6/12 TopSource welcomes YUM Brands (UFPC), as its newest customer of 20,000 restaurant locations to partner in their procurement decisions in several areas. The chains TopSource will be supportin include Pizza Hut, Taco Bell and Kentucky Fried Chicken (KFC). TopSource is excited to help control costs for a QSR (quick service restaurant) channel of business through the UFPC division of YUM Brands. To find out more about UFPC, click here.
10/18/11 Bunzl, one of the largest US and globl distribution companies and one of TopSource's key suppliers, became a customer of TopSource to utilize their sourcing services. With over 70 warehouses across the world, TopSource can assist them in several areas in warehouse services and distribution.
9/6/ 2011 TopSource issued a press release announcing they exceeded $3 billion in sourced spend using its proprietary on-line auction tool. TopSource customers, representing primarily grocery and food service companies, have realized savings of more than $600 million from their e-auction events since 2001. TopSource auctions drive an average of nearly 20 percent savings and speed up price negotiations for both food and non-food related products. Link to press release click here.
9/2/11 TopSource signed a customer agreement with MMI (Marketing Management Inc) today.
8/22/2011 Bartell Drugs becomes TopSource first drug store chain customer Bartell Drugs, a privately owned 57-store drug store chain located in the Puget Sound area of Washington state, joined TopSource as its newest customer. With stores located and expanding in the Seattle area, TopSource looks forward to providing Bartell Drugs with several programs to support their stores and growth. For more about Bartell Drugs, go to www.bartelldrugs.com.
7/22/2011 Associated Wholesalers, Inc. (AWI) becomes newest TopSource Customer. Associated Wholesalers, Inc., one of the largest wholesalers with $2.38M in sales, signed a customer agreement with TopSource. AWI is a cooperative food distributor organized to provide flexible distribution and retail services that promote the growth and profitability of its member retailers. TopSource is excited to bring AWI into the customer mix and ramp them up quickly to join several foodservice related initiatives.
7/11/11 Food City touts TopSource in Chain Store Age for "green" solution and savings with LED Lighting Chain Store Age, a magazine for retail executives, writes how Food City, a Virginia based grocery chain, used TopSource to provide cost savings as well as a "green" alternative by using LED lighting in several of their stores. Food City operates 106 supermarkets throughout the tri-state regions of southeast Kentucky, southwest Virginia and northeast Tennessee. They are planing to convert all 68 of their Gas ‘N Go fuel stations’ canopy lights to new LEDs through the TopSource lighting program. See page 46 of the digitial version of Chain Store Age for more information by clicking here.
6/22/11 TopSource welcomes Brookshire Brothers as new customer TopSource welcomes Brookshire Brothers as a new customer. This Texas based retail supermarket chain has 102 stores located mostly in eastern Texas. They provide their loyal customers with full-service pharmacies and fuel stations. In fact, they are one of the largest retail outlets for Conoco fuel. To learn more about Brookshire Brothers go to www.brookshirebrothers.com
6/8/11 All Star Association, a dairy cooperative, becomes a TopSource customer TopSource welcomed All Star Association, a dairy cooperative of manufacturing and warehousing operation, to our customer community. This Lexington, Kentucky based company has current membership of over 300 plants in 47 US states, Puerto Rico and Nova Scotia. They produce Fluid Milk, Ice Cream, Cultured Products, Cheese, Water, Beverage, Juice, Custom Blow molding, and related products.
5/18/11 Energy Choice Matters publication recognizes TopSource for expanding its procurement to include competitive electricity. Previously TopSource worked with electric brokers to negotiate contracts for its members, rather than acting as its own broker. It also offers its members and customers sourcing services for natural gas service, sustainability resource planning, utility bill management & audit, and motor fuels.
4/26/11 Positive Promotions, a retail catalogue company, becomes a new customer of TopSource. This growing company located in Long Island, NY, specializes in turnkey solutions for promotional, educational, health & wellness, and reward activities focusing on specific markets which differentiates them from other catalogue companies. TopSource is working with Positive Promotions to help cut their procurement costs in several business areas such as cardboard recycling, office suppliers, drug screening, MRO (Maintenance Repair and Operating) products, paper for printing and much more. Visit Positive Promotions website at www.positivepromotions.com for more informaton.
4/18/11 Supermarket News recognizes TopSource in Refrigeration savings and energy management. As part of an Energy Savers Supermarket News article, TopSource was highlighted regarding their refrigerated case initiative for combined customer savings and energy management. Beyond saving customers an average of 10% on their costs, TopSource did an energy analysis looking at the annual cost of each customers' refrigerated cases, walk-in coolers and freezers in kilowatt-hours of energy usage in each retailer’s region. A key customer of TopSource used the energy analysis last year to justify purchasing refrigerated cases with glass doors for dairy, beer, smoked meat and luncheon meat items. This customer redesigned its refrigeration system for new stores, reducing overall compressor and condenser size to reflect the lower demand resulting from enclosed cases. Read full article.
3/11/11 Progressive Grocer highlights retailers success in TopSource unloading services program- Unloading Headaches. Sophisticated services can remove hassles and safety vulnerability at the dock.The process of unloading trucks at the distribution center is a lot more than merely lifting pallets of product in one area and depositing them in another. Indeed, just as a chain is only as strong as its weakest link, if a retailer's unloading services are inefficient, they can have adverse effects on the entire supply chain. Read full article.
1/21/11 TopSource/Ameriquest partnership recognized in Light & Medium Truck publication - Leasing and fleet-management companies are expanding their services and support to meet their customers’ diverse business needs. While many firms remain cautious about expanding operations in a weak economy, demand for rental trucks is strong and equipment lessors say they are starting to receive an influx of requests to replace aging vehicles and to provide better ways for commercial fleet operators to control operating expenses and improve compliance with a growing number of safety and environmental regulations. Read full article.
Dec. 21, 2010 Sobeys joins TopSource as new customer ... TopSource has announced that Sobeys has joined as a customer to take advantage of TopSource's complete package of strategic sourcing services. As one of only two national grocery retailers in Canada, Sobeys Inc. serves the food shopping needs of Canadians with more than 1,300 stores in 10 provinces with retail banners that include Sobeys, IGA, Foodland, FreshCo, Price Chopper and Thrifty Foods. The company also operates Lawtons Drug stores in Atlantic Canada. Visit their website at www.sobeys.com
Nov 15, 2010 Supermarket News | United Supermarket Cuts Procurement Costs with TopSource / LUBBOCK, Texas — United Supermarkets here has realized cost savings across a broad range of not-for-resale spending since it began working with Braintree, Mass.-based TopSource three years ago, according to Scott Attaway, director of service and supplies procurement for the 50-store chain. “They bring an aggregate element to our procurement, and that has been a big benefit to us,” he told SN. TopSource is the not-for-resale division of the Topco private-label cooperative. Among the initiatives that have yielded benefits for privately owned United Supermarkets in the past few years was a reduction in costs for processing interchange fees — the charges retailers pay on each credit- and debit-card transaction. “That was one of our early big wins,” Attaway said. “We were in the 60% to 70% range in savings on that, and that was a significant amount of savings for the company.” Read entire article
Nov 11, 2010 New Business partnership formed between TopSource and AmeriQuest Transportation Services ... TopSource LLC, a sourcing company for retailers and wholesalers, recently partnered with AmeriQuest Transportation Services to combine buying leverage in order to provide additional savings opportunities to the customers of each company. AmeriQuest, a leader in providing distribution and transportation solutions for manufacturers, wholesalers and retailers, offers several programs in the same niche business areas as TopSource. Recognizing the overlap in programs and similar customer needs, TopSource and AmeriQuest formed a strategic business partnership to expand each of their program offerings. This strong partnership allows the two companies to compete more effectively within the large landscape of the commercial trucking industry, logistics and distribution areas. Download press release.
July 15, 2010 TopSource partners with Verisae to drive value for members ... Partnership Brings Sustainability, Energy, Operations, and Carbon Emissions Reduction Opportunities to Leading Grocery Retailers and Supporting Organizations
Download Press Release / Boston, MA, July 15, 2010 / TopSource LLC, a member of one of the largest buying cooperatives for grocers in the United States, recently selected Verisae as its preferred supplier partner in the area of enterprise sustainability. Since 2006, TopSource has provided grocers and other retailers with innovative solutions. Energy management is a key business focus for TopSource members. To support this initiative, TopSource selected Verisae as their preferred vendor partner to support their members current and future efficiency efforts.
Apr 19, 2010 Supermarket News | AFM Offers Recycled Bags for Earth Day Anniversary ... NORFOLK, Neb. - Affiliated Foods Midwest here is commemorating the 40th anniversary of Earth Day this week by distributing plastic bags made with 40% recycled content. The bags are part of a special Happy Earth Day promotion at the cooperative wholesaler that also includes manufacturer support and other initiatives. "We thought these bags would tie in perfectly with our ads, since they are 40% recycled content," Helen Bailey, category manager for store supplies at AFM, told SN last week. The company purchased a truckload of the commemorative bags - 2,880 cases of 1,000 bags each, or nearly 3 million bags - through a sourcing initiative at Braintree, Mass-based TopSource, a division of private label supplier Topco. Read full article.
04/2010 Supply BrainChain publishes TopSource unloading services article by Susan McNamara, Senior Sourcing Manager of Logistics & Distribution, TopSource ... Do companies ever think of unloading services as an area where money can be saved? Some do, but most retail and wholesalers often overlook this essential service as a way to reduce their supply chain costs. Some companies assume more money is saved by using "lumpers" or internal employees to unload. But think of all the risks a business assumes when using internal employees to unload trucks - product damage, equipment damage, property damage, workers compensation, benefits, management costs, training costs, recruiting costs and, usually, hourly wage payments. Why not use a third-party unloading service to help a retailer/wholesaler eliminate risk and create a positive financial situation? Read the full article.
04/2010 Raymond Corporation named TopSource Partner of the Year for 2009 ... Greene, NY / The Raymond Corporation has been named 2009 Partner of the Year by TopSource LLC, a division of Topco Associates LLC. TopSource offers not-for-resale strategic sourcing to companies in the retial, wholsale and food industries. Raymond is one of three supplier to receive the award this year, and one of 250 suppliers that are part of the TopSource preferred supplier list. TopSource is focused on helping businesses maximize value by working with world-class supplier that are willing to work collaboratively with their customers. To receive the partnership award, TopSource suppliers must embrace these initiatives and demonstrate strength in a number of categories, including sales growth, customer service and meeting supplier requirements. Raymond's performance in these categories, coupled with its innovation and creativity in embracing the TopSource core values of service and support, helped the company secure the 2009 Partner of the Year award. "TopSource considers Raymond one of our most strategic supplier partners. Raymond consistently looks for ways to continue to grow our logistics and supply chain programs by offering a variety of materil handling solutions to our members," says Greg Magrisi, vice president of sourcing for TopSource. "It was without question that Raymond fit the criteria of our Partner of the Year award. We look forward to a continued partnership in 2010 and beyond." Jim Hess, national accounts manager for Raymond, and Jason Smith, grocery and retail segment manager for Raymond, accepted the award on behalf of Raymond at TopSource's biennial 2010 Summit on Feb. 3, 2010. For more information on Raymond, please visit www.raymondcorp.com. The Raymond Corporation is a global provider of material handling solutions that improve space utilization and productivity, with lower cost of operation and greater operator acceptance. TopSource LLC is a wholly owned subsidiary of Topco Associates LLC, the largest cooperative buying organization in retail food in the U.S.
03/2010 TopSource LLC is in the top ten of Food Logistics Ten Companies to Watch. TopSource performs strategic sourcing for its members, helps retailers and wholesalers lower costs and improve profits. TopSource LLC, a not-for-resale (NFR) division of Topco Associates LLC, is using innovative technologies and processes to help its members to lower costs and improve the efficiency of their supply chains. Topco, based in Skokie, IL, is a private label purchasing consortium serving food retailers and wholesalers. TopSource’s mission is to help companies lower costs on a wide range of goods and services, including corporate and national brands, perishables, equipment, supplies and business services. “Rising costs for ingredients and transportation as well as cutbacks in consumer spending have combined to create one of the most difficult environments for food retailers and wholesalers in recent history,” says Chuck Wright, director, sourcing, at TopSource, Braintree, MA. “We perform the strategic sourcing function for our members—smaller companies that compete with WalMart and Kroger.“ NFR spend is an area of huge savings potential for retail and wholesale companies. It’s spending on all products and serv ices not resold to customers. According to TopSource, NFR spend represents one of the three largest categories of spend, along with cost of goods and wages. TopSource says it has saved customers an average of 18 percent in this area. In order to achieve these results, TopSource is using a combination of Ariba Sourcing On-Demand, Ariba Contract Management and Ariba Supplier Performance Management. Ariba Sourcing was developed to enhance the ability to negotiate for goods and services and drive bottom-line savings. Leveraging Ariba Contract Management, TopSource can manage and drive compliance with agreements. And through Ariba Supplier Performance Management, TopSource can discover, assess and on-board new supplier partners, with the ability to continuously measure and improve supplier performance. “We chose Ariba because it offers a complete strategic sourcing solution,” says Wright. “So RFP, auction, contract and supplier management—we found the functionality of the tool to be superior to other solutions in the marketplace. Also, the tool is used by suppliers that participate in the events with us.” TopSource Auctions can optimize capacity, quality service and cost for retailers that manage a diverse cross section of transportation, including dry and refrigerated transportation. By utilizing auctions, a TopSource customer has received up to 16 percent savings from high quality, fully qualified suppliers, while at the same time benefiting from a significant reduction in negotiation cycle time.
02/2010 TopSource celebrates successful 2010 Summit for retailers and suppliers ... Forty-two members and more than 150 suppliers converged on Las Vegas February 1-3 for the TopSource 2010 Summit. Participating members and suppliers embraced the Summit’s theme “Winning Together” as they forged new partnerships and solidified existing business relationships through networking events and meetings held during the Supplier Showcase. The informative event featured not-for-resale (NFR) category meetings on equipment, construction, hired services, HR benefits, IT/telecom, logistics and distribution, marketing, packaging and utilities. The three-day summit at the Paris Resort focused on developing common specifications, reviewing of the TopSource 2010 sourcing plan and previewing three new innovative programs including the aggregation of a member 401 (k) plan administration, development of a member owned group insurance captive, and launch of the TopSource online technology marketplace. Early feedback on the Summit confirms the value and success of the event. “I had an excellent experience with vendors and the sourcing team,” said Eric Berg, Associate Merchant-Packaging & Supplies at Raley's Family of Fine Stores. "I believe there are synergies that will develop with the members and vendors as a result of the Summit and it was time well spent." Ryan A. McMillian, Senior Account Executive at Grayon Enterprises said: “As a sales executive, I have never been a part of a conference that was so beneficial for the member and the supplier.” For more information, please contact Carol Mather (Senior Marketing Communications Manager-TopSource) at 781-926-6053 or [email protected]. View the Summit highlights video.
04/2009 TopSource appears in Purchasing Magazine ... The article titled "Supplier collaboration drives power transmission buy" discussed TopSource's role in buyer-tobuyer collaboration, stating that "buyers in different industries collaborate to get lower prices for all." The article discusses the recent plastic bag program in which 21 supermarket chains collaborated, along with Giant Eagle, to save up to $1 Million each through TopSource. Read the full article.
Topco Associates LLC Improves Sourcing Efficiencies with Ariba ... Leading group purchasing organization leverages Ariba’s on-demand technology to drive greater value for food retailers and wholesalers. SUNNYVALE, Calif. – May 12, 2009 - Ariba, Inc. (Nasdaq: ARBA), the leading spend management solutions provider, announced today that Topco Associates LLC, a leading private-label purchasing consortium serving food retailers and wholesalers, will leverage its on-demand offerings to increase and accelerate the savings it delivers. As part of its mission to create competitive advantage for its member-owners, Topco will implement a comprehensive range of Ariba’s spend management solutions through TopSource, LLC. TopSource LLC is Topco’s strategic Not-For-Resale sourcing arm whose main purpose is to help companies lower costs on a wide range of goods and services, including corporate and national brands, perishables, equipment, supplies and business services. “Rising costs for ingredients and transportation as well as cutbacks in consumer spending have combined to create one of the most difficult environments for food retailers and wholesalers in recent history,” said Chuck Wright, Director, Sourcing, TopSource. “At TopSource, we strive to help our members overcome these barriers by applying innovative technologies and processes to lower costs and improve the efficiency of their supply chains.” To drive these goals, TopSource will use a combination of Ariba® Sourcing™ On-Demand, Ariba Contract Management™ and Ariba Supplier Performance Management™. With Ariba Sourcing, TopSource can enhance its ability to negotiate for goods and services and drive bottom-line savings. Leveraging Ariba Contract Management, TopSource can manage and drive compliance with agreements. And through Ariba Supplier Performance Management, TopSource can discover, assess, and on-board new supplier partners with the ability to continuously measure and improve supplier performance. “TopSource has taken the lead on helping food-related companies weather the tough economy by applying cutting-edge solutions and procurement best practices to drive substantial and measurable savings on goods and services that are critical to their operations,” said Daryl Rolley, Senior Vice President and General Manager, North America and Asia Pacific Operations, Ariba. “In adding Ariba’s spend management solutions to its portfolio, TopSource can enhance its own efficiencies and create even greater value for its members.” Read the full press release.
07/2008 TopSource reusable bag project featured in Supermarket News ... The July 14th article “Supermarkets Make Most of Resuable Bags” featured two companies who worked through TopSource to purchase reusable bags at a savings, and explained how retailers are leveraging the eco-friendly shopping bags to save on the high cost of plastic bags and promote a “green” image. United Supermarkets, a TopSource customer, stated: “Offering the bags helps burnish the company's image in the area of environmental sustainability, augmenting several other green efforts at the company”. Find the story in the July 14th issue of Supermarket News, page 18, or online at http://www.topsourcellc.com/announcements/www.supermarketnews.com To learn more about TopSource’s reusable bag program, contact Bill Barry (Sourcing Manager) at 781-926-6042 or [email protected]. Read entire article
06/2008 Steve Schmitchel named new Vice President of Program Management and Business Development ... In his new position, Steve is responsible for overall TopSource business development and program management. In leading the program management team, Steve will be working closely to support successful member participation in the TopSource program. Steve is also responsible for the development of new business initiatives, such as the recently launched Health Benefits offering to members. Steve has worked with TopSource for 4 years, most recently as Director of Sourcing.
05/2008 TopSource launches Health Benefit program - sign up now in progress ... TopSource's Health Benefits initiative has entered the Member Recruitment Phase. Member interest is strong and companies are making decisions to buy through the Group Purchasing Organization (GPO). Eighteen members are exploring participation for 2009, and significantly more members are including TopSource in their 2010 benefits planning discussions. Early member engagement has confirmed the value of the GPO model by •Proving that significant savings opportunities exist, •Identifying additional process and product opportunities, •Validating the Health Benefit GPO as a strategic effort that requires senior level involvement to achieve success. Engaging TopSource early in the benefits planning process is a critical first step to success. TopSource is pleased with the high level of interest and eager to work with members' HR teams to achieve their corporate benefits objectives. To support the Health Benefits offering, TopSource has recently added a full time associate, David Willett, who is Senior Sourcing Manager of Human Resources and Health Benefits. To learn more about the Health Benefits offering, please contact David at 781 926 6039 or [email protected].
04/2008 David Picarillo tapped to lead TopSource ... Dave Picarillo has been named head of TopSource. As Senior Vice President of Topco, TopSource’s parent company, Dave assumes full responsibility for the company, building on his six years of success as head of sourcing across all TopSource categories. In his previous position as Vice President of TopSource, Dave was responsible for leading the development of TopSource's overall approach to sourcing and not-for-resale spend management. Dave has more than 21 years of supermarket retail, consulting and manufacturing management experience, including Managing Director of Business Development for ICG Commerce and Senior Manager with Accenture. He earned a Bachelor of Science in mechanical engineering from Worcester Polytechnic Institute and a Master of Science in industrial engineering from Carnegie Mellon University.