Archive for the ‘News and Events’ Category

FreeFlow Releases New Buyers’ Portal, Streamlines Online Access to Top Brands

Tuesday, April 5th, 2011

San Jose, California (PRWeb), 4 April, 2011 – FreeFlow, the world’s leading provider of alternative channel solutions for at-risk consumer electronics inventory, today announced the release of its new buyer portal at http://www.freeflowauctions.com increasing visibility of available inventory and streamlining the purchasing process for global wholesale electronics buyers.   The new buyer gateway complements the company’s award-winning technology and services for sellers that include market research and pricing advisory, site merchandising, demand generation and buyer registration, customer support, logistics support and financial settlement.

With the new online portal, buyers can register once and gain access to any or all of FreeFlow’s 30-plus branded wholesale consumer electronics private marketplaces listing manufacturers’ surplus stock. Filtered browsing allows buyers to select by brand, by global region, by category or by their budget.  Thumbnails of all products currently on auction across all seller marketplaces are showcased on the portal, giving buyers single-click access across brands.

“Today’s secondary marketplace buyers are running multi-million dollar businesses in online retail and they’re seeking the best CE brands.  We have the right brands at the right price point, but we needed to make it easy for buyers to search, browse and purchase across multiple marketplaces,” observed Alan Scroope, FreeFlow CEO.  “At the end of the day, helping buyers actually benefits our sellers, and that’s who we work for.”

In the new release sellers retain their ability to partition the buying community to maintain channel control, a key differentiator for FreeFlow.  For example, a seller may restrict product to be sold only in North America, or vice versa – do not sell in North America.  Or they may provide a “do not sell to” list of companies and those companies will be screened in the registration process.

“Today’s release is in response to buying trends we’ve observed over the past year, that is, buyers registering on more than one and in some cases all of our branded marketplaces,” Scroope elaborated.  “We needed to make bidding on FreeFlow auctions a highly productive and efficient experience for this class of global buyer. This release achieves that objective while extending the market reach of our sellers.”

FreeFlow has proven to be a trusted partner for consumer electronics companies by building secure alternative channels for selling at-risk inventory.  Slow-moving, aging or end-of-life finished goods as well as consumer returns inventory sold as-is or refurbished is a multi-million dollar market for FreeFlow’s Global 1000 customers. The company’s branded and anonymous private marketplaces allow stock to be sold at auction, fixed price, or minimum price. Auction and member privilege dynamics are deployed to improve bidding performance, resulting in higher financial recovery. With market and pricing analysis, integrated performance metrics and end-to-end business support services, FreeFlow provides low-cost, secure, high recovery alternative channel solutions for excess and at-risk inventory in all stages of the product lifecycle.

About FreeFlow

Founded in 2001, FreeFlow improves its customers’ profitability by helping them identify excess and at-risk inventory and dispositioning the inventory through the alternative channel best suited for that inventory. FreeFlow’s customers include Apple, Creative Labs, Microsoft and SanDisk. FreeFlow’s leadership in the supply chain arena has been recognized with numerous industry awards, including back-to-back recognition by Deloitte in their Best-Managed Companies competition in 2010 and 2011, the Supply & Demand Chain Executive 100 and the Ruban d’Honneur European Business Award for Information and Communication Technology Effectiveness in 2009.   Privately-held, FreeFlow has headquarters in Tralee, Ireland and US headquarters in San Jose, California.  For more information, visit www.FreeFlow.com.

Press Contact:
Anne Patterson 
FreeFlow
860.705.0285
Anne_Patterson@FreeFlow.com

FreeFlow Repeats as Best Managed Company

Tuesday, April 5th, 2011

Tralee, Ireland, March 9, 2011 – FreeFlow, the world’s leading provider of alternative channel solutions for at-risk inventory in consumer electronics companies, announced this week that for the second consecutive year it has been named as a winner in the Deloitte Best Managed Companies Awards competition. The company, which was first recognized for superior business performance in March of 2010, was recognized at a gala awards dinner in the Burlington Hotel in Dublin earlier this month.
The Deloitte Best Managed Companies Awards Program, in association with Irish Life Corporate Business, recognizes companies across Ireland which are operating at the highest levels of business performance. The independent judging panel reviewed a broad range of criteria including strategy, capability, commitment, financials and growth potential across all key functions of the business.

Commenting on the award, Alan Scroope, CEO, FreeFlow said, “Over the past year the entire FreeFlow team has been devoted to make FreeFlowAuctions.com the global go-to B2B marketplace for branded consumer electronics online. Deloitte’s repeat recognition this year reinforces that uniting a global team around a single over-arching goal is the winning strategy of the best of companies.”

Commenting on the winners of the Deloitte Best Managed Companies Awards Program, Pat Cullen, Managing Partner, Deloitte and judging panel member said: “Despite the negative sentiment that currently prevails, the Best Managed Companies Awards Program shows that Irish companies are a cornerstone of growth in the Irish economy and can and will play an important role in Ireland’s overall recovery. For proof of this, you need look no further than this year’s winners.”

FreeFlow has proven to be a top Sales and Supply Chain partner by addressing its clients’ needs to build secure alternative channels for at-risk inventory. Slow-moving, aging or end-of-life finished goods as well as consumer returns inventory sold as-is or refurbished is a multi-million dollar market for FreeFlow’s Global 1000 customers. The company’s branded and anonymous private marketplaces allow stock to be sold at auction, fixed price, or minimum price. Auction dynamics improve bidding performance resulting in higher financial recovery. With its proprietary market analysis and pricing advisory support, integrated performance metrics and end-to-end business support services, FreeFlow provides low-cost, secure alternative channel solutions for excess and at-risk inventory in all stages of the product lifecycle.

About Deloitte Best Managed Companies Awards

The Deloitte Best Managed Companies program, in association with Irish Life Corporate Business, promotes and recognises excellence in Irish owned and managed companies. It is the only competition in Ireland that considers a business’ performance from every perspective. Entrants to the program compete for this designation in a rigorous and independent process that evaluates the caliber of their management abilities and practices.

Program sponsors are Irish Life Corporate Business, the Irish Management Institute and the Sunday Business Post.

For further information, visit www.deloittebestmanaged.ie.

About FreeFlow
Founded in 2001, FreeFlow improves its customers’ profitability by helping them identify excess and at-risk inventory and dispositioning the inventory through the alternative channel best suited for that inventory. FreeFlow’s customers include Apple, Creative Labs, Microsoft and SanDisk. FreeFlow’s leadership in the supply chain arena has been recognized with numerous industry awards, including Gartner’s Cool Vendors in Supply Chain Management and Procurement, the Supply & Demand Chain Executive 100 for 2009 and the 2009 Ruban d’Honneur European Business Award in the category of Information and Communication Technology Effectiveness. Privately-held, FreeFlow has headquarters in Tralee, Ireland and US headquarters in San Jose, California. For more information, visit www.FreeFlow.com.

Press Contact:
Anne Patterson
FreeFlow
860.705.0285
Anne_Patterson@FreeFlow.com

CFO.com: Chasing Away the Excess-Inventory Blues

Friday, December 3rd, 2010

Online auctions can help streamline the process of getting cash for returned or unsold products, supply-chain executives say.
David M. Katz – CFO.com | US   [view article online]

December 2, 2010

The day after Christmas is still weeks away, but that’s close enough for finance and supply-chain executives to start worrying about merchandise returns and excess inventory. How will they get the best value for the unwanted goods?

One answer is to auction them off. By posting returned or overstocked items of interest to consumers (video games, baby clothing, televisions) or other businesses (computer parts, pallets of manufactured items) on an online auction, sellers can gain access to many more potential buyers than they would if they simply went straight to liquidators.

Further, auctions can help streamline the process of getting cash for returned, unsold, or excess products, supply-chain executives say. That process can be cumbersome and haphazard, as it used to be at SanDisk, a maker of memory storage cards used in consumer electronics products. That was before the company started to sell excess inventory via auction about two years ago, according to Doug Lampson, director of corporate financial planning and analysis at the company.

Previously, SanDisk executives would simply ask sales reps to “make some phone calls” to brokers if the pile of unsold items grew too high, says Lampson. That resulted in just one or two potential bidders per item or group of items (and tied up the sales reps’ time). Now, since setting up a regular arrangement with FreeFlow, a logistics and supply-chain company that provides auctions for consumer electronics companies, SanDisk typically has eight vetted bidders for a set of items.

Perhaps more important, the arrangement has turned a scattershot process into a swift and regular routine. Each month SanDisk identifies slow-selling or obsolete products, draws up a pricing proposal, and then puts the products up for bid. Given the volatile nature of the semiconductor storage business, where prices are known to drop as much as 20% in a month, “we try to move product very quickly,” says Lampson.

Of course, surplus goods can be a problem for any company, given the inherent difficulty of forecasting. “There is a level of inaccuracy in the forecasting process, which tends to mean that we have some level of excess inventory,” says David Warrick, general manager for Microsoft’s entertainment and devices operations in Europe, the Middle East, and the Asia/Pacific region, which also has an arrangement with FreeFlow. “And what we continually try to do is keep that to a minimum and make sure it flows as well through the supply chain.”

As a way of controlling their bidding audiences, companies with big sales staffs like Microsoft can auction off excess inventory in two stages. First, they can hold internally focused auctions, putting items up only for their sales staffs to see and offer to their clients. Then, if all the items aren’t sold that way, the auctioneer might provide a private, preselected set of bidders for the remaining goods.

Why would a company want to narrow the bidding audience? One reason might be that doing so could set a high bar among its potential creditors, by admitting only those buyers likely to pay their debts. Companies may also want to control the timing of the liquidation of their products, according to Alan Scroope, founder and chief executive officer of FreeFlow.

For example, a finance chief of a company selling its returned goods via a public auction might be irked to find that an individual or small firm has bought a batch of the products online and is undercutting the price at which the company’s favored retailers are selling it, says Scroope. That represents a risk to the brand that the CFO might not be willing to tolerate.

Such narrowly focused, niche-oriented auctions are not for every company with excess inventory, however. Wholesale bidders on such sites tend to require detailed grading of the products — and high-quality products at that.

And a company with products that have been handled roughly at Christmas before they’ve been returned might do better holding an auction elsewhere. “We handle broken and cracked consumer electronics,” says Bob Auray, chief executive of GENCO Marketplace, a logistics company that sells some goods through FreeFlow but auctions off a much broader array of excess inventory itself. “We find that parts-oriented scavengers may be best for that type of product.”

FreeFlow and Advanced MP Announce Strategic Alliance

Thursday, October 7th, 2010

San Jose, California, October 4, 2010 – FreeFlow, the world’s leading provider of alternative channel solutions for at-risk inventory in consumer electronics companies, and Advanced MP Technology, Inc., the leading global full-service distributor of electronic components, announced this week the formation of a global strategic alliance to bring at-risk inventory solutions to their customers for the complete bill of material, from components to finished goods.  The program formally recognizes FreeFlow’s expertise in providing alternative finished goods channel solutions to global manufacturers and Advanced MP’s understanding of production challenges from factory shortages to surpluses and combines the strengths of both companies to provide significant added value to their customers.

The go-to-market strategy for the FreeFlow and Advanced MP alliance targets global consumer electronics OEM’s, identifying the stakeholders in sales, supply chain, and finance who are chartered with overall product lifecycle profitability.  For these executives the combined solution of FreeFlow and Advanced MP provides a single go-to solution for the disposition of excess and at-risk inventory, from components to finished goods, and the cumulative market expertise of the two companies ensures top margin retention in secondary markets.

“With the depth and breadth of our installed base in at-risk inventory solutions for consumer electronics companies we are thrilled to have the component expertise that Advanced MP Technology brings to our asset recovery solution,” remarked John Kenny, FreeFlow President.  “FreeFlow’s customers are Global 2000 manufacturers who desire the broadest service offering from the fewest number of suppliers.  Together FreeFlow and Advanced MP form a single-vendor solution addressing every manufacturer’s excess inventory problem from the top of the bill of material to the bottom.”

“Advanced MP Technology has received enormous positive response from our customers for the supply chain services that we offer.  We have been a pioneer in component asset recovery and strive to be forward thinking and proactive in responding to our customers’ needs,” stated Daniel Karatosic, Inventory Asset Management Director.  “We embrace our new partnership with FreeFlow as a compelling addition to our service offering and our strategic customers will appreciate the increased scope FreeFlow brings to our supply chain and procurement solutions.”

FreeFlow has proven to be a top Sales and Supply Chain partner by addressing its clients’ needs to build secure alternative channels for at-risk inventory.  Slow-moving, aging or end-of-life finished goods as well as consumer returns inventory sold as-is or refurbished is a multi-million dollar market for FreeFlow’s Global 2000 customers. The company’s branded and anonymous private marketplaces allow stock to be sold at auction, fixed price, or minimum price. Auction and ‘member privilege’ dynamics are deployed to improve bidding performance, resulting in higher financial recovery. With its private, detailed market analysis, integrated performance metrics and end-to-end business support services, FreeFlow provides low-cost, secure, high recovery alternative channel solutions for excess and at-risk inventory in all stages of the product lifecycle.

Advanced MP Technology is a global leader in electronic component distribution and Inventory Asset Management Programs. Advanced MP Technology maximizes asset recovery through a suite of hands-on programs and services that address At-Risk Inventory issues and impact many areas of total acquisition costs within the supply chain.  The company purchases millions of dollars of At-Risk inventory outright as well as implements large scale Consignment and 3R Programs (Reuse/Remarket/Recycle).  With its “be global, act local’ philosophy, Advanced MP Technology has a worldwide footprint with operations in North America, Europe and Asia.  Recent expansions in Munich, Germany and Budapest, Hungary are in line with Advanced MP’s commitment towards superior customer service and the growing presence of contract manufacturing in EMEA. The Shenzhen, China, office marks their fourth and most recent location in Asia, a direct response to the demand of a growing number of regional companies that are increasingly paying more attention to quality while still watching over costs. With over 32 years of successful component trading experience, as well as essential resources, Advanced MP Technology fills the gap in the supply chain by offering quality products and services while providing the best value to its customers.

About Advanced MP Technology

Advanced MP Technology is a leading global distributor of electronic components and supply chain partner, offering customized inventory management solutions and serving OEM and EMS customers worldwide for over 32 years.   Founded in 1978, and headquartered in San Clemente, California, Advanced MP Technology has global offices and stocking warehouses in the Americas, Asia and Europe.

For more information regarding Advanced MP Technology please contact Kamran Malek, Vice President of Marketing, at kamranm@advancedmp.com or at 949-492-3113.

About FreeFlow

Founded in 2001, FreeFlow improves its customers’ profitability by helping them identify excess and at-risk inventory and dispositioning the inventory through the alternative channel best suited for that inventory. FreeFlow’s customers include Apple, Creative Labs, Microsoft and SanDisk. FreeFlow’s leadership in the supply chain arena has been recognized with numerous industry awards, including Deloitte Best-Managed Companies recognition in 2010 and the Supply & Demand Chain Executive 100 and the Ruban d’Honneur European Business Award for Information and Communication Technology Effectiveness in 2009.   Privately-held, FreeFlow has headquarters in Tralee, Ireland and US headquarters in San Jose, California.  For more information, visit www.FreeFlow.com.

Press Contact:

Anne Patterson

FreeFlow

860.705.0285

Anne_Patterson@FreeFlow.com

FreeFlow Wins Best Managed Company Recognition in Deloitte Ireland Competition

Monday, March 29th, 2010

FREEFLOW WINS BEST MANAGED COMPANY HONORS

Innovative Alternative Channels Solution Earns Deloitte Recognition

Tralee, Ireland, March 29, 2010 – FreeFlow, the world’s leading provider of alternative channel solutions for at-risk inventory in consumer electronics companies, announced this week that it has been named as one of Ireland’s ‘Best Managed’ companies in the Deloitte Best Managed Companies Awards competition. In total, twenty companies who demonstrated superior business performance were recognized.

The Deloitte Best Managed Awards Program, in association with Bank of Scotland (Ireland), recognizes indigenous Irish companies that operate at the highest levels of business performance. The independent judging panel reviewed a broad range of criteria including strategy, capability, commitment, financials and growth potential across all key functions of the business.

Commenting on the award, Alan Scroope, CEO, FreeFlow said, “Every member of the FreeFlow team is committed to achieving operational excellence while serving our customers beyond their expectations.  This philosophy has driven our global success and it is gratifying to have our management philosophy recognized as best practice in such a prestigious competition.”

Commenting on the winners of the Deloitte Best Managed Companies Awards Program, Pat Cullen, Managing Partner, Deloitte said: “To be recognized as a Best Managed Company is a tremendous achievement, given the challenges that companies in all industries are currently experiencing. Our judging panel takes an in-depth look at each company – therefore to be chosen as a winner is testament to the sound management practices that are being implemented across the entire business. It is this thorough approach that will help these companies to take advantage of the upturn when it arrives.”

FreeFlow has proven to be a top Sales and Supply Chain partner by addressing its clients’ needs to build secure alternative channels for at-risk inventory.  Slow-moving, aging or end-of-life finished goods as well as consumer returns inventory sold as-is or refurbished is a multi-million dollar market for FreeFlow’s Global 1000 customers. The company’s branded and anonymous private marketplaces allow stock to be sold at auction, fixed price, or minimum price. Auction and ‘member privilege’ dynamics are deployed to improve bidding performance, resulting in higher financial recovery. With its private, detailed market analysis, integrated performance metrics and end-to-end business support services, FreeFlow provides low-cost, secure, high recovery alternative channel solutions for excess and at-risk inventory in all stages of the product lifecycle.

About Deloitte Best Managed Companies Awards

The Deloitte Best Managed Companies program, in association with Bank of Scotland (Ireland), promotes and recognises excellence in Irish owned and managed companies. It is the only awards scheme in Ireland that considers a business’ performance from every perspective. Entrants to the program compete for this designation in a rigorous and independent process that evaluates the calibre of their management abilities and practices.

Program sponsors include Bank of Scotland (Ireland), the Irish Management Institute and the Sunday Business Post.

For further information, visit www.deloittebestmanaged.ie.

About FreeFlow
Founded in 2001, FreeFlow improves its customers’ profitability by helping them identify excess and at-risk inventory and dispositioning the inventory through the alternative channel best suited for that inventory. FreeFlow’s customers include Apple, Creative Labs, Microsoft and SanDisk. FreeFlow’s leadership in the supply chain arena has been recognized with numerous industry awards, including Gartner’s Cool Vendors in Supply Chain Management and Procurement, the Supply & Demand Chain Executive 100 for 2009 and the 2009 Ruban d’Honneur European Business Award in the category of Information and Communication Technology Effectiveness. Privately-held, FreeFlow has headquarters in Tralee, Ireland and US headquarters in San Jose, California.  For more information, visit www.FreeFlow.com.

Press Contact:
Anne Patterson
FreeFlow
860.705.0285
Anne_Patterson@FreeFlow.com

FreeFlow Wins Infosys Information And Communication Technology Effectiveness Award At 2009 European Business Awards

Saturday, February 13th, 2010

Tralee, Ireland, April 28, 2009 – FreeFlow, the award-wining provider of inventory asset management technology and services, announced this week that it has been awarded the overall winner of the 2009 Ruban d’Honneur European Business Awards in the category of the Information and Communication Technology Effectiveness Award, a category sponsored by information technology giant Infosys.

At a ceremony held in Rome, winners in the ten European Business Awards categories were announced from a shortlist of ninety-nine companies from Ireland to Poland and from Estonia to Italy. Recognizing excellence and innovation in European enterprise, the award competition this year singled out companies that have defied the economic downturn and responded with a blend of inventiveness and industry.

The judges selected FreeFlow as the winner of the ICT Effectiveness category because of its success in helping enterprises generate new revenue streams from excess inventory. Because companies have traditionally focused on the forward supply chain, they seldom have the resources to run an excess inventory remarketing program as a profitable business. Whether they are an OEM selling obsolete inventory still in factory packaging, or are a manufacturer with returns or component inventory, FreeFlow offers a deployment solution to address each category.

FreeFlow provides pre-auction services such as FreeFlow Market Intelligence to maximize recovery with targeted pricing, fully-hosted online B2B auction technology, and post-auction financial settlement, all on a pay-as-you-go basis. This end-to-end solution has transformed the way enterprises view and manage inventory.

B.G. Srinivas, Senior Vice President and Member of Executive Council at Infosys, a global leader in the next generation of IT and consulting services, remarked: “The quality of entries this year despite the economic backdrop, has demonstrated a business environment in Europe that fosters talent management, gritty commercialisation and agility, that have enabled organisations to execute existing projects and in some cases completely re-engineer their business models for success. In our opinion, FreeFlow is a prime example of this.”

“FreeFlow has been adopted by more and more Fortune 1,000 companies who want to empower their sales and supply chain organizations to deal more profitably with excess and at-risk inventory,” noted Alan Scroope, FreeFlow’s CEO. “Such a prestigious award as the Ruban d’Honneur highlights our success in helping those companies utilize innovative software and business services to shift the paradigm of asset remarketing from a cost center to a revenue program.”

Despite the stringent economic climate, those companies shortlisted for the awards averaged an impressive 56% growth in profits. The judging panel, made up of highly regarded academics, heads of state, industrialists, entrepreneurs and media commentators drawn from across the 27 member European States, was impressed by the ability of all entrants to buck the downturn in the global economy and to post a combined turnover in excess of EUR570 billion.

FreeFlow has proven to be a top Sales and Supply Chain partner by addressing its customers’ needs to disposition slow-moving, aging or end-of-life finished goods and components, wherever those products are located. The company’s branded and anonymous auctions provide a private forum where only approved buyers view and bid on a company’s inventory.

Auction and ‘member privilege’ dynamics are deployed to improve bidding performance, returning higher recovery rate on all goods. FreeFlow’s inventory asset management solution is utilized in the high-tech, automotive, consumer package goods, telecomm, and apparel industries. With its auction platforms, detailed market analysis and related business services, FreeFlow provides a low-cost, high recovery alternate channel for excess and at-risk inventory in all stages of the product lifecycle.

About The European Business Awards

The European Business Awards recognizes and rewards excellence, best practice and innovation in companies across the European Union. Extensive research and high standards of judging have established the European Business Awards as the showcase of Europe’s skills, achievements and innovations in the field of business. The competition is free to enter and open to organizations of all sizes and from any industry sector.
The European Business Awards program serves three purposes for the European business community:

  • It provides examples for the business community to aspire to
  • It celebrates and endorses individual’s and organization’s success
  • It provides case studies and content for learning from these exceptional organizations

About FreeFlow
Founded in 2001, FreeFlow improves its customers’ product profitability by helping them identify excess and at-risk inventory and dispositioning the inventory through the channel mechanism most appropriate to that asset. Some of FreeFlow’s industry leading customers include Apple, Creative Labs and SanDisk. FreeFlow’s leadership in the supply chain arena has been recognized with a string of industry awards, including Gartner’s Cool Vendors in Supply Chain Management and Procurement, Global Logistics and Supply Chain Strategies magazine’s Top Supply Chain Partners, and Manufacturing Business Technology magazine’s Top 40 Emerging Software Vendors. Privately-held, FreeFlow has headquarters in San Jose, California and Tralee, Ireland, with offices throughout the U.S., Europe, and Asia. For more information, please visit www.FreeFlow.com.

Press Contact:
Anne Patterson
FreeFlow
860.705.0285
Anne_Patterson@FreeFlow.com

Freeflow Named To 2009 Supply & Demand Chain Executive 100

Saturday, February 13th, 2010

San Jose, CA, July 13, 2009 – FreeFlow, the award-wining provider of asset recovery and alternative sales channel technology and services, announced this week that it has been included in the annual listing of the Supply & Demand Chain Executive 100. Eight years ago, Supply & Demand Chain Executive announced its first “100″ list of supply chain solution providers, consultants and other organizations that were helping lead the way in transforming companies’ supply and demand chains. This year the magazine focused the criteria for its “100″ feature on economic recovery.

The judges selected FreeFlow for inclusion in the Top 100 list for its role in helping its customers respond to the economic downturn and, more importantly, position themselves for growth ahead. With its core competency in helping manufacturers, retailers, and distributors identify and disposition excess inventory, FreeFlow has proven to be uniquely positioned to help its customers quickly move excess inventory as a result of supply-demand mismatch while at the same time develop sustained alternative channels to continuously, proactively move excess inventory in periods of growth.

“Our readers turn to Supply & Demand Chain Executive to learn about solutions and best practices for enabling the supply chain to weather the current economic storm in which we find ourselves, and also to position themselves for growth when recovery takes hold.” explained Andrew K. Reese, editor of Supply & Demand Chain Executive. “The corporate executives and line-of-business leaders who rely on the magazine want to know what the different supply chain solution and service providers are doing to help them meet these critical, corporate ‘life-or-death’ challenges.”

FreeFlow provides industry-leading on-line sales platforms utilizing both fixed price and auction methodologies that help its customers maximize financial recovery on risk inventory, while retaining control of their sales channels, resulting in direct positive impact on their P & L. FreeFlow’s alternative channel sales solutions are fully-hosted applications delivered on a SaaS (software as a service) model, making it easy for new customers to get started. FreeFlow’s supporting business services include market research and sales strategy to maximize recovery and comprehensive commercial management of channel buyers including financial settlement, delivering an end-to-end remarketing solution for its customers.

“Our goal with this year’s ‘100′ is to highlight a broad range of solutions and services targeted at a variety of industries, addressing the needs of companies of varying sizes, and assisting in the transformation of a diverse mix of the functions that make up the supply chain,” added Reese.

The judges selected FreeFlow for inclusion in this year’s list because of its success in helping enterprises generate new revenue streams from risk inventory in any condition and in all stages of the product life cycle. Because companies have traditionally focused on the forward supply chain, they seldom have the resources to run an excess inventory remarketing program as a profitable business. Whether they are an OEM selling obsolete inventory still in factory packaging or are a manufacturer, distributor or retailer with returns or refurbished inventory, FreeFlow offers global solutions to address each category.

“Our core mission of being our customers’ sales and supply chain partner creating immediate bottom line impact while retaining channel and pricing control was a strong fit with this year’s award criteria,” noted Alan Scroope, FreeFlow’s CEO. “Being recognized by Supply & Demand Chain Executive highlights our success in helping those companies develop alternative sales channels utilizing innovative software and business services to shift the paradigm of asset remarketing from a cost center to a revenue program.”

About FreeFlow

Founded in 2001, FreeFlow improves its customers’ product profitability by helping them identify excess and at-risk inventory and disposition the inventory through the channel mechanism most appropriate to that asset. Some of FreeFlow’s industry leading customers include Apple, Creative Labs and SanDisk. FreeFlow’s leadership in the supply chain arena has been recognized with a string of industry awards, including the 2009 Infosys Information and Communication Technology Effectiveness Award in the Ruban d’Honneur European Business Awards competition, Gartner’s Cool Vendors in Supply Chain Management and Procurement, and Global Logistics and Supply Chain Strategies magazine’s Top Supply Chain Partners. Privately-held, FreeFlow has headquarters in San Jose, California and Tralee, Ireland, with offices throughout the U.S., Europe, and Asia. For more information, please visit www.FreeFlow.com.

Media Contact:
Anne Patterson
FreeFlow
860.705.0285
Anne_Patterson@FreeFlow.com

About Supply & Demand Chain Executive
Supply & Demand Chain Executive is the executive’s user manual for successful supply and demand chain transformation, utilizing hard-hitting analysis, viewpoints and unbiased case studies to steer executives and supply management professionals through the complicated, yet critical, world of supply and demand chain enablement to gain competitive advantage. On the Web at www.SDCExec.com.

Media Contact:
Sarah Murray
Managing Editor
(205) 815-1463
smurray@sdcexec.com