1. General
Background Information
Jagged
Peak, Inc. (the “Company” or “Jagged
Peak”) is an e-commerce software and services company
headquartered in Tampa, Florida, providing enterprise
e-commerce technology and related fulfillment services. The
Company's flagship product, EDGE (Enterprise Dynamic Global
Engine), is a web-based software application that enables
companies to control and coordinate multi-channel orders,
catalogs, multi-warehouse inventories, and fulfillment across
multiple customers, suppliers, employees, and partners in
real-time. The Company enables clients to build and operate
custom branded portals such as e-commerce, incentive and
rebate programs, customer service, repair and reverse
logistics, marketing materials management, and automate other
business processes through the use of the EDGE application
and its related tools. The EDGE platform has been
deployed in multiple vertical markets such as consumer goods,
financial services, healthcare, distribution, travel and
tourism and manufacturing.
Jagged
Peak has continued to market the launch of
TotalCommerce™, an end to end solution that enables a
company to quickly and cost effectively launch a fully
operational, best practices, e-commerce online channel direct
to its consumers. TotalCommerce™ is an
outsourced “managed services” solution that
leverages Jagged Peak’s extensive technology and supply
chain infrastructure and provides manufacturers with a
turnkey, rapidly deployable solution including e-commerce
webstore(s); order, inventory and transportation management
software; a nationwide network of fulfillment centers; back
office program management; and a range of online marketing
services.
Jagged
Peak operates two warehouses in Florida and a network of 17
independently owned fulfillment warehouses throughout North
America that enables its clients to provide faster delivery
to their customers, while lowering overall delivery
costs. The EDGE application is able to
automatically route the orders to the optimal warehouse based
on an established set of factors such as service, cost and
priority. This enables the Company’s clients
to achieve their customer service goals while reducing cost
and internal infrastructure.
In
July 2009, Jagged Peak began operations in Canada through its
wholly owned subsidiary, Jagged Peak Canada,
Inc. The operations provide similar services as in
the United States through a network of independently owned
fulfillment warehouses, which are managed through technology
provided by Jagged Peak, Inc.
The
Company operates on a 52/53 week reporting
year. Therefore, the period ended June 29, 2012
and the period ended July 1, 2011 each consist of 26
weeks.
|