“Magic Software Enterprises (Nasdaq: MGIC), a leading provider
of state-of-the-art application development technology and business
solutions, announced today that it has signed a deal with Compass
Group PLC, a major worldwide foodservice organization, to deliver
an e-procurement solution. The e-procurement solution, which is
being developed and implemented by Magic’s French subsidiary at
Compass Group France, will be built using Magic’s award-winning
business-to-business e-commerce solution, Magic eMerchant. The new
application is expected to become operational in June 2000.”
“The e-procurement solution being developed by Magic for Compass
Group will provide the company an intranet data infrastructure to
better manage and follow the procurement of food in each
restaurant. The objective is to streamline the flow of business
between national buyers, providers and local unit managers in order
to increase productivity, equalize pricing and raise overall order
quality.”
“To be called, “Intranet Mercuriales,” it will include the
ability to build a providers network in which price lists can be
negotiated on a regional level and regional product catalogs can be
generated. In addition, it will allow local unit managers to
create their own catalogs containing information on product
preferences, product turnover, special restrictions and conditions,
required authorizations, etc. To ensure the consistency of the
overall system, the new Magic solution will be integrated with
Compass Group’s existing Oracle ERP.”