HOUSTON Luby's Inc., the 123-unit cafeteria operator based here, gave the nod to Instill Corp.'s Spend Management technology and services in an effort to bolster purchasing controls and administration of supplier contracts.
"Instill is a critical component in our initiatives to build scalable systems and processes that support our strategic growth plan over the next five years," said Janet Duckham, Luby's vice president of operations services. "We have a lot on our plates preparing for growth and we needed a trusted partner who would add value right away with minimal effort on our part. Instill got us up and running in just six weeks."
Representatives of San Mateo, Calif.-based Instill said the firm's technology automatically collects and standardizes unit purchase information from distributors and identifies contract price variances as well as SKU and manufacturer optimization opportunities, among other functions.