NewswireToday - /newswire/ -
San Francisco, CA, United States, 2009/02/09 - SignalDemand, the global leader in on-demand price and margin optimization software, today announced the appointment of Bill Rupp to its board of directors. NYSE: PRO
Mr. Rupp brings nearly three decades of manufacturing experience to the board as a former top executive at Cargill, one of the world's largest providers of food, agricultural and risk management products and services.
"SignalDemand has pushed the boundaries of what is possible in the commodity manufacturing industry," said Bill Rupp. "Cargill Meat Solutions has taken full advantage of SignalDemand's optimization technology in the last several years, which has helped strengthen both the company and Cargill's partnerships with customers. I am eager to bring my experience to bear toward SignalDemand's continued success, helping industry leaders solve today's challenges through improved pricing practices and decision-making."
"Bill Rupp knows the challenges of driving shareholder value through improved pricing for a multi-billion dollar manufacturer," said Mike Neal, CEO and founder of SignalDemand. "Bill is an innovator, willing to challenge the status quo, and a very compelling change agent. His intimate understanding of large-scale commodity manufacturing organizations will be a great asset to SignalDemand as we expand internationally and launch new optimization software and services."
Mr. Rupp has worked in the manufacturing industry for almost three decades, helping to lead Cargill, one of the world's largest and most powerful food companies and the largest private company in the United States. During his tenure at Cargill Mr. Rupp has opened new meat processing facilities, led plant operations and filled the role of general manager at a meat packing facility. He was vice president of operations for Cargill Beef, which generates approximately $10 billion in annual sales and employs over 15,000 people, before becoming president of Cargill Beef, a role he held for ten years.
Mr. Rupp also supervised Cargill's beef businesses in Argentina and Australia as well as sales offices located in Japan, Taiwan, Shanghai, and Tokyo. For the past two years, in addition to his responsibilities with Cargill Beef, he also served as president of Cargill Meat Solutions, which has annual sales of $21 billion and employs over 35,000 people worldwide.
At Cargill, Mr. Rupp helped drive the company's use of advanced technologies to grow its business, spearheading the implementation of SignalDemand's price optimization solution. Recently, Cargill announced 25 percent year over year growth in Q4 2008, attributing its success to the company's strategic use of information to drive intelligent decision-making. Increasingly, access to business intelligence that directly impacts profitability will become the base line price for entry in terms of an organization's competitive advantage.
Mr. Rupp is also a board member of the Kansas Big Brothers Big Sisters and Lose The Training Wheels, a startup not for profit that specializes in helping children with disabilities learn to ride bikes. He holds a BS in business administration from the University of South Dakota.
SignalDemand (signaldemand.com) provides manufacturers with on-demand software and services to achieve maximum profit margins in the face of volatile markets and increasingly complex pricing decisions. Using patented, comprehensive mathematical models to process thousands of variables, SignalDemand's technology allows customers to adjust supply and demand on a continual basis. By recommending best price, supply utilization and product mix in moments, SignalDemand enables better day-to-day decision-making.
SignalDemand was recognized as a 2008 Rising Star in Deloitte's Technology Fast 50 program for Silicon Valley. The company was named a "Cool Vendor" in the Gartner "Cool Vendors in Manufacturing, 2008" and was the only on-demand pricing company recognized by JMP Securities' "Hot 100" list of private companies in 2008. Companies such as Cargill, Farmland Foods, Hormel, National Frozen Foods, Rich Products, Seaboard Foods and Ventura Foods rely on SignalDemand for immediate and ongoing improvement of financial performance.