Leading restaurant company will use One Network for visibility, demand planning and collaboration across trading partners, to help ensure efficient and continuous supply
Dallas TX, June 7, 2016 — Bloomin’ Brands, Inc. (Nasdaq: BLMN), one of the largest casual dining restaurant companies in the world, will use One Network’s Real Time Value Network™ for supply chain visibility, demand planning, and collaboration across its multi-party, multi-echelon, consumer driven network. The Bloomin’ Brands portfolio is comprised of Outback Steakhouse, Carrabba’s Italian Grill, Bonefish Grill and Fleming’s Prime Steakhouse and Wine Bar.
Lissette Gonzalez, Vice President, Global Planning and Forecasting, said, “Real time visibility, coupled with demand-based forecasting, will help create a more efficient and agile supply chain.”
Bloomin’ Brands will use One Network’s cloud platform for demand planning, promotions planning, chain of custody services, demand sensing and collaboration. This will help enable Bloomin’ Brands to be proactive and responsive to demand shifts at specific restaurants and flow that demand in real time back to their suppliers.
In addition, real time supply chain visibility throughout their network of suppliers and logistics providers will improve forecast accuracy while reducing lead times and inventory.
“Real time visibility, coupled with demand-based forecasting, will help create a more efficient and agile supply chain.”Lissette Gonzalez, Vice President, Global Planning and Forecasting, BBI
Bloomin’ Brands will be using One Network’s unique translation engine to convert menu items into their raw ingredients, and will transmit this real time demand signal to suppliers. This will ensure that suppliers can provide the right ingredients, in the right quantities, at the right time, based on actual customer demand at the table, thus reducing food waste and lowering purchasing costs.
Greg Brady, Founder and CEO of One Network, said, “We are excited to have a leading restaurant company like Bloomin’ Brands on One Network. It is especially important in the foodservice industry to be agile and responsive to demand and One Network’s platform is ideally suited to the challenge.”
About Bloomin’ Brands, Inc.
Bloomin’ Brands, Inc. is one of the largest casual dining restaurant companies in the world with a portfolio of leading, differentiated restaurant concepts. The company has four founder-inspired brands: Outback Steakhouse, Carrabba’s Italian Grill, Bonefish Grill and Fleming’s Prime Steakhouse & Wine Bar. The Company operates approximately 1,500 restaurants in 48 states, Puerto Rico, Guam and 22 countries, some of which are franchise locations. For more information, please visit www.bloominbrands.com.
About One Network Enterprises
One Network connects companies and their entire ecosystem, to serve the customer. Founded in 2002, One Network offers patented solutions to multi-party business, including supply chain management. One Network’s cloud platform, the Real Time Value Network ™, eliminates the traditional divide between planning and execution and enables visibility and data, to flow across the entire value chain of business partners – in real time. Additionally, One Network offers PaaS solutions and developers tools that enable organizations to design, build and run multi-party applications. Leading organizations from around the world, from nearly every industry have joined One Network, helping to transform industries from CPG, Healthcare, Automotive, Retail, Logistics and Public Sector and Defense. Headquartered in Dallas, One Network also has offices in China, Europe, and India. For more information, please visit www.onenetwork.com.