TAMPA, FL, October 21, 2009 /24-7PressRelease/
-- Jagged Peak, Inc. (OTC BB: JGPK), a premier provider of e-commerce and supply chain software and fulfillment services has announced plans to open two additional distribution centers specializing in high velocity, same day fulfillment of direct to customer orders. The fulfillment centers are scheduled for deployment by the end of January 2010 and will be located on the U.S. eastern seaboard. The expanded multi-distribution center network will enable Jagged Peak to achieve next-day order delivery to 85%+ of U.S. households using lowest cost UPS ground service.
"This optimized solution allows our clients to significantly reduce freight transportation costs while enhancing customer satisfaction," said Jagged Peak Chief Sales and Marketing Officer, Vincent Fabrizzi. "At the end of the day, order fulfillment, regardless of whether it's shipping a single item package to an end consumer or a truckload of goods to a major retail customer, is all about transactional profitability and delivering orders on the date you promised. At Jagged Peak, we understand when a client outsources their fulfillment to us, that's exactly what they're hiring us for - to deliver the right product at the right place at the right time in the right condition at a profit."
Jagged Peak utilizes a highly automated and standardized order flow that is supported by their EDGE technology framework. The fully integrated back office EDGE systems (OMS, IMS, WMS,TMS) allows Jagged Peak to manage inventory availability (ATP) across multiple facilities and deliver fully executable, frictionless orders to the optimal warehouse location in a real-time environment. Orders are on the warehouse floor and ready for same-day fulfillment production within 8 seconds from the time the customer submits their order.
"Companies like Zappo's and Netflix have made fulfillment excellence a key attribute of their company's brand and reputation by providing outstanding shopping experiences and high speed order delivery." Jagged Peak Chief Operations Officer, Daniel Furlong comments. "We're able to match these benchmarked service capabilities by expanding our fulfillment network to support the most demanding clients and complex fulfillment programs."
About Jagged Peak
Jagged Peak provides manufacturers with supply chain order management, fulfillment logistics and e-commerce solutions.Whether a company simply needs to set up an online retail store or wants to deploy a complete end-to-end, web-to-ship solution; when it's time to establish an online, Jagged Peak is the obvious answer. For more information visit the website: www.jaggedpeak.com
Forward Looking Statements
Certain statements contained in this press release may constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements provide current expectations of future events based on certain assumptions and include any statement that does not directly relate to any historical or current fact. Actual results may differ materially from those indicated by such forward-looking statements as a result of various important factors, including: risks related to the integration of acquisitions and the ability to market successfully acquired technologies and products; the ability of the Company to effectively compete; the inability to adequately protect Company intellectual property and the potential for infringement or breach of license claims of or relating to third party intellectual property; risks related to data and information security vulnerabilities; ineffective management of, and control over, the Company's growth and international operations; adverse results in litigation; and changes in and a dependence on key personnel, as well as other factors contained in our most recent Quarterly Report on Form 10-Q (copies of which may be accessed through the Securities and Exchange Commission's website at http://www.sec.gov
), including those found therein under the captions "Risk Factors" and "Management's Discussion and Analysis of Financial Condition and Results of Operations". In addition to these factors, actual future performance, outcomes, and results may differ materially because of more general factors including (without limitation) general industry and market conditions and growth rates, economic conditions, and governmental and public policy changes. The forward-looking statements included in this press release represent the Company's views as of the date of this press release and these views could change. However, while the Company may elect to update these forward-looking statements at some point in the future, the Company specifically disclaims any obligation to do so. These forward-looking statements should not be relied upon as representing the Company's views as of any date subsequent to the date of the press release.