
TIBERSOFT SIGNS VEND MARKETING INSTITUTE
VMI focuses on group spending control across both vending and foodservicecash
WESTBOROUGH, MA January 22, 2008 -- Tibersoft has added vending and foodservice group VMI to their client roster. VMI will use Tibersoft to monitor and automate the spending associated with their $420M in sales system wide.
"Tibersoft came highly recommended. Their experience and existing infrastructure convinced us we can take our programs to another level and generate much value for our affiliates." said Chris Stave, Executive Director of VMI.
"Signing VMI was a great way to start the New Year. Our flexibility will enable VMI to see their business from a number of different angles. Automating trade deal execution will give them the time to act on those insights." said Keith Enstice, President of Tibersoft.
About VMI
The Vend Marketing Institute (VMI) was established in October 2003 by a group of regional vending companies. Today, VMI is incorporated as an LLC in the State of Missouri and consists of fifteen affiliate companies.
The current affiliates of VMI generate over $420 million in annual sales, primarily from nearly 60,000 vending machines located in over 14,000 business and industry locations. VMI also provides manual food service at over 200 locations and operates several hundred mobile catering trucks. The VMI team consists of over 3,500 associates working from 57 facilities. VMI services client locations ranging from the East Coast to California and from Minnesota to Florida.
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