August 29, 2016 7:04 PM ET

Air Freight and Logistics

Company Overview of McLane Company, Inc.

Company Overview

McLane Company, Inc. provides grocery and foodservice supply chain solutions for convenience stores, mass merchants, drug stores, and chain restaurants in the United States. The company offers foodservice supply chain solutions, including assistance in logistics, procurement, inventory management, and other areas; promotion management solutions; and rapid response solutions. It also optimizes the purchase, flow, and sale of products from various suppliers to retail locations, including drug stores, mass merchants, warehouse clubs, convenience stores, and others. In addition, the company engages in the distribution of spirits, wine, beer, and nonalcoholic beverages for customers in Georgia, N...

4747 Mclane Parkway

Temple, TX 76504

United States

Founded in 1894

Phone:

254-771-7500

Fax:

254-771-7244

Key Executives for McLane Company, Inc.

Chief Executive Officer and President
Age: 68
President of McLane Grocery Distribution
President of Foodservice Business Unit
Age: 64
President of Southeast Southern & Dothan Divisions
Compensation as of Fiscal Year 2016.

McLane Company, Inc. Key Developments

McLane Company, Inc. Launches a Custom Supply Chain Solution to Deliver Fresh Produce to its Grocery Retail Customers Nationwide

McLane Company, Inc. announced the rollout of McLane Kitchen's nationwide Fresh Produce + supply chain solution. Fresh Produce + is a turnkey solution that provides top quality products, operational best practices, merchandising units, information on suggested retail pricing and best-in-class customer service to help operators establish their locations as destinations for fresh produce. Because choice in pricing is a key factor in creating a solution that works for every retail customer, Fresh Produce + offers mark up options associated with varying levels of product guarantee. Fresh Produce + is also fully compatible with McLanes Premium Ordering Management Suite (POMS) and smart handheld technology [2], giving operators the ability to order fresh items just like any other SKU. Over the coming months the solution will integrate seasonal items and category management to ensure operators continue to grow their return.

Vintners Distributors, LLC Moves to McLane Company, Inc. for Superior Foodservice, Technology Capabilities

McLane Company, Inc. announced a service agreement with Fremont, Vintners Distributors, LLC for 126 c-store locations including 15 of the chain's Loop Neighborhood Stores. By making the switch from a competing supplier to McLane company, Vintners secures access to foodservice offerings and McLane's suite of cutting-edge retail technologies that increase operational efficiencies. McLane's innovative retail and smart handheld technology will enable Vintners c-stores to order, check in and return items efficiently and better manage reconciliation, allowing staff to spend more time on the sales floor with customers, improve accuracy of inventory and save on labor costs. Vintners will work with the McLane Center for Category Innovation, formerly known as the McLane Lab Store, to conduct SKU rationalization in order to develop a product mix that focuses on the top 20% of its best-selling products. Tim Hoime, senior manager, business development at McLane Company, says Vintners has long been on McLane's radar as a highly respected innovative retailer known to pioneer and embrace new technologies and cutting-edge programs.

McLane Company Inc. Renews Multiyear Agreement with Parker's

McLane Company Inc. announced that it has renewed a multiyear agreement with Parker's as the c-store chain pushes to double in size within the next five years. Central to that growth has been the retailer's use of McLane's suite of merchandising and technology services, which has boosted profit while cutting operational costs. Last year Parker's saved approximately 10% on cost of goods ordered with McLane's Virtual Trade Show, an online trade show that enables McLane's retail customers to view and book hundreds of quarterly product specials on top of any rebates they are receiving directly from their vendors. Parker's also takes advantage of McLane's Strategic Merchandising Portal, a complimentary Webbased gateway to the latest promotions, programs, products, services, resources, and uptodate planograms that helps the company streamline operations, optimize their product mix and increase profits. Parker's has reduced operational costs with McLane's Premium Ordering Management Suite (POMS), which includes the Customer Managed Inventory (CMI) solution and Smart Hand Held (SHH) Inventory Management System barcode scanner. Driven by realtime register sales, CMI ensures retailers only order replacement products as they are sold, eliminating the need for store managers to manually place orders. The SHH scanner greatly reduces the time needed to take accurate inventory and integrates directly into Parker's timesaving POMS applications including the StoreLevel Receiving, StoreLevel Reclamation and Physical Inventory apps Recently the company opened its first convenience store with drivethru foodservice in Claxton, Ga. where customers can purchase everything available in the store without leaving their car, including items from the store's hot deli that serves breakfast, lunch and dinner. Such advances position Parker's at the forefront of customer convenience.

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Recent Private Companies Transactions

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