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TAKE Solutions Recognized on FL100 List for Fifth Consecutive Year

FL100 underscores company's commitment to helping food, beverage, and CPG customers differentiate themselves within the marketplace by facilitating improved safety and traceability throughout the supply chain

Princeton, NJ – December 20, 2011 – TAKE Solutions Ltd. [BSE: 532890 | NSE: TAKE], a leader in the Supply Chain Management and Life Sciences domains, today announced it has been selected by Food Logistics for the magazine's annual FL100 list for the fifth consecutive year. TAKE is recognized as a top technology solution partner for providing food, beverage and consumer packaged goods (CPG) companies with full visibility, agility and control across their supply chains. TAKE's expertise in helping Welch's, SunOpta, Darigold, Blue Bell, and Colorcon ensure inventory and warehouse operations run smoothly and required safety compliance mandates are fulfilled, was a direct result in the company's selection in the 2011 FL 100. This year, the magazine focused on solution providers that are helping customers differentiate themselves in the marketplace, while simultaneously facilitating improved safety and traceability throughout the supply chain.

"With the passage of the FDA's landmark Food Safety and Modernization Act, the entire food and beverage sector is under increased pressure to improve safety and traceability throughout the supply chain. In addition, the ongoing globalization of food supply chains demands closer collaboration with suppliers and enhanced visibility from farm to fork," notes Lara L. Sowinski, editor-in-chief at Food Logistics. "Technology is a powerful tool that can ensure compliance, mitigate risk, and serve as a market differentiator in today's highly competitive environment."

The FL100 listing serves as a resource for grocery and foodservice distribution and manufacturing executives. After receiving nomination forms from end users and solution providers, the editorial staff reviewed over 160 submissions to compile this year's listing. Final recipients are featured in the November/December 2011 issue of Food Logistics, as well as online at www.foodlogistics.com.

Most recently, TAKE Solutions has been recognized with the 2011 Supply & Demand Chain Executive 100 list, 2011 Supply & Demand Chain Executive Provider Pros to Know, Consumer Good's 2010 Editor's Pick, Inbound Logistics' 2010 Top 100 Logistics IT Provider and SupplyChainBrain's 2010 Great Supply Partner.

Learn more about TAKE Solutions' Supply Chain Management product suite here.

About Food Logistics
Food Logistics is published by Cygnus Business Media, a leading diversified business-to-business media company. The publication serves the information needs of executives involved in various aspects of the food, beverage, and consumer packaged goods supply chain. Through our print and online products, we provide news, trends, and best practices that help more than 24,000 grocery and foodservice suppliers, distributors, and retailers make better business decisions. Visit us online at www.foodlogistics.com.

About TAKE Solutions
TAKE Solutions, Ltd. [BSE: 532890 | NSE: TAKE] is a leading global business technology company with domain expertise in Life Sciences (LS) and Supply Chain Management (SCM). TAKE provides cost-effective and comprehensive solutions for enterprises across diverse sectors including pharmaceuticals, high technology, consumer packaged goods, oil/gas, and automotive. TAKE's SCM product suite includes distinct technology with embedded IP that spans enterprise mobility, trading partner collaboration, and material tracking. In the LS domain, TAKE offers IP-based software and extensive knowledge-based solutions to enable efficient clinical, regulatory, safety and commercialization processes.

TAKE has been recognized as a leader by IDC's MarketScape Worldwide Life Sciences R&D IT Outsourcing for 2011. TAKE's global headquarters is in Chennai, India; its U.S. headquarters is located in Princeton, New Jersey. TAKE has a proven track record as a trusted partner in delivering world-class solutions to more than 400 customers worldwide. For more information, please visit www.takesolutions.com.

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Company Contact:
Shalini Daga
TAKE Solutions
479.273.1295
shalini.daga@takesolutions.com

Press/Analyst Contact:
Dana Marruffo
BuzzPR
512.825.9035
dana@buzzpublicrelations.net

 

Solutions from TAKE Supply Chain enable manufacturers and distributors to orchestrate the movement of goods through the extended supply network. Our single data model approach complements existing enterprise applications such as Oracle® and SAP® to eliminate inefficiencies in supply chain, warehousing, data collection and reverse logistics. More


"Since implementing [TAKE Supply Chain]'s solution, our inventory is visible throughout the enterprise, and we can more easily identify products and prioritize them for shipping. This enables us to track the flow of products in and out of our warehouse and reduces the time our warehouse employees spend searching for inventory."

— Jack Mechem, Business Information Systems Manager, Air Liquide Electronics