ADC ACQUIRES PINPOINT SOFTWARE WITH CONTINUED TOTAL STORE OPERATIONS PLATFORM EXPANSION

KUALA LUMPUR, Oct 6 (Bernama) -- Applied Data Corporation (ADC) has entered into an agreement to acquire Pinpoint Software Inc, a provider of software solutions driving operational efficiencies and execution for grocers and other retailers, including the world’s leading expiration date management platform, Date Check Pro®.

“As a company, we’re committed to enhancing all store operations for food retailers. With elevated consumer interest in sustainability, retailers are faced with the challenge to reduce food waste while also driving sales, and that is where both ADC and Pinpoint come into play,” said ADC Chief Executive Officer, Shamus Hines.

The acquisition is a highly strategic addition to the ADC portfolio which includes its fresh item management platform, FreshIQ®, and fulfillment orchestration platform, ShopperKit, resulting in a solution that not only reduces food waste and delivers higher sales, but ultimately goes beyond sustainability to a more regenerative approach for retailers.

For most in the global retail space, food waste is a top concern that impacts the bottom line. As wasted food is the number one item going into landfills and contributing to GHG emissions, it is in everyone’s best interest to tackle this issue head-on.

Both ADC and Pinpoint share a combined vision to arm retailers with the tools needed to drive sustainability results through a combination of quantification, analysis, and action, according to a statement.

For nearly three decades, ADC has been a trusted provider to over 20,000 grocery and convenience store locations. Its SaaS platform of industry-tailored retail solutions already includes fulfillment orchestration, recipe management, made to order, and label printing, among others.

With the addition of Pinpoint’s Date Check Pro, ADC will be able to offer additional reductions in shrink from expired products while also increasing customer satisfaction.

With this acquisition, work will immediately begin on an integration between the platforms in the coming weeks, the ADC website will be enhanced to show the full scope of the combined company.

More details at www.applieddatacorp.com.

-- BERNAMA