February 13, 2014 | Palo Alto: MetricStream, a market leader in Enterprise Governance, Risk, and Compliance (GRC) solutions will participate at the 3rd Annual Supply Chain Conference, organized by the Food Marketing Institute (FMI) and Grocery Manufacturers Association (GMA) from February 17-19, 2014, in Orlando, Florida. The event will convene executives from across the food retail industry to share, learn and collaborate on important topics such as quality, risk management and supply chain efficiency. Throughout the event, MetricStream will demonstrate its best in class solutions that are currently used by leading organizations to manage their supply chain, risk, and quality programs.

With many players in the food retail industry, the grocery industry supply chain itself has become very complex. Challenges around inventory management, cash flow, and logistical activities, in addition to variables such as inclement weather, spoilage in transit, waste, and disease, continue to plague the food retail industry. Organizations require stronger risk management programs, greater efficiencies, and more collaboration in order to effectively manage the supply chain.

MetricStream's integrated suite of Supply Chain solutions help organizations streamline and integrate various programs such as third-party due-diligence, supplier onboarding, supplier quality, audit and compliance, monitoring, supplier performance and supplier risk management. The solutions also help companies with critical areas such as sustainability and social compliance, security, product quality and safety, supplier processes, regulatory compliance and non-conformance management, as well as supplier country related risk management, and contract and legal issues.

The three-day conference will help participants build stronger relationships throughout the supply chain, and strengthen relationships and collaboration. The event will also facilitate new ideas and discussions around how to overcome challenges, address waste reduction, reverse logistics issues, mitigate workflow interruptions, leverage shopper trends to drive inventory levels, and develop contingency plans, all of which will help executives successfully address and overcome today’s most pressing supply chain issues.

About MetricStream

MetricStream is the independent market leader in enterprise cloud applications for governance, risk, compliance (GRC), and quality management. MetricStream apps and software solutions improve business performance by strengthening risk management, corporate governance, regulatory compliance, audit management, vendor governance, and quality management for organizations across industries, including banking and financial services, health care, life sciences, energy and utilities, consumer brands, government, technology, and manufacturing. MetricStream is headquartered in Palo Alto, California, with an operations and GRC innovation center in Bengaluru, India, and sales and operations support in 12 other cities globally.(www.metricstream.com).

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