Berkshire Hathaway’s McLane Company, Inc., a leading supply chain services company providing grocery and foodservice supply chain solutions, announced the launch of a new back office management solution for convenience store retailers during the McLane National Trade Show (NTS).
The new solution is a one-stop-shop for retailers and all their technology needs. McLane has completed interfaces that communicate with three of the largest POS hardware providers in the industry, representing approximately 98% of the market (NCR RPOS, Gilbarco Passport and Verifone Ruby2).
McLane’s approach uses the industry-standard language called NAXML to share data with each POS hardware platform. This integration positions McLane to be a retailer’s complete back-of-house solution.
Benefits of the new back office solution include:
• Centralized price book management including perpetual inventory
• Ability to setup and manage distributors, stores, groups, retails and costs
• Fuel setup and management
• Item mix-match, combos, promotions, bundling and happy hour specials
• Age verification and category management
• Back office data can now be established with retailers directly from McLane — this data is often difficult to obtain from third party back-of-house companies
• Ability to reduce back office costs allowing more money to be spent elsewhere
• A monthly lease for this solution eliminates the need for costly software upgrades, thus freeing up capital to spend in other parts of the organization
Deon Johnson, VP of applications at McLane, unveiled the new back office management system at NTS, held at the Henry B. González Convention Center in San Antonio, TX during the Technology Conference.
“McLane leads the industry by providing unmatched customer technology offerings to c-stores,” said Johnson. “We can support retailers with end-to-end technology solutions with the new, integrated back-of-house solution.”
McLane is dedicated to providing its retailers with the latest in new technology to improve efficiency in all aspects of inventory control, ordering and item management. Rapid implementation and rollout mean that retailers can take advantage of cost-savings solutions now, not next year. The solutions are easy to use, and store employees are able to address informational needs without having to spend time on the phone seeking answers from others.
© 2019 David Mazor
Disclosure: David Mazor is a freelance writer focusing on Berkshire Hathaway. The author is long in Berkshire Hathaway, and this article is not a recommendation on whether to buy or sell the stock. The information contained in this article should not be construed as personalized or individualized investment advice. Past performance is no guarantee of future results.