P&O Princess Cruises Completes Global Implementation Of CrunchTime! For Managing Foodservice Operations Fleet-Wide

CrunchTime! Information Systems, provider of enterprise-class back office solutions for multi-unit foodservice and hospitality companies, announced that Princess Cruises has fully deployed the CrunchTime! product suite fleet-wide and at its corporate offices in California and England.

The CrunchTime! solution features centralized bid and contract management, recipe scaling, food cost modeling, perpetual inventory management, storeroom to outlet distribution, procurement, receiving and invoice reconciliation, location-level and enterprise-wide reporting, product containerization and seamless integration to point-of-sale and general ledger systems. Princess uses CrunchTime! to bid, source and procure products at all its ports throughout the world.

Princess uses CrunchTime!’s server-based Enterprise Manager^TM and Web-based Net-Chef^TM client applications daily at the multitude of outlets on board its fleet of 15 ships. The Net-Chef application runs on a Web server connected to a local onboard database. On each ship, CrunchTime! is used to place and receive orders, manage internal product distribution, scale recipes, process inventories and generate reports. The application also integrates with each ship’s point-of-sale system to provide perpetual inventory at its operating outlets.

At the corporate offices, CrunchTime! is used by the purchasing and operations departments to manage the supply chain, track consumption, calculate food costs, review gross earnings and margins and oversee the cost of sales. CrunchTime! has a replication feature that enables the databases at corporate and the ships to synchronize at regular intervals. Using CrunchTime!, the cruise line has been able to dramatically reduce fulfillment times and requisition lead times have been cut in half.

"Princess' selection of CrunchTime! to manage the food and beverage operations on their world-wide fleet of ships clearly demonstrates their confidence in our ability to deliver value through to technology" said Bill Bellissimo, CrunchTime!’s CEO and President. "Princess is a valuable partner to us. The synergy of working closely with the Princess management team has enabled CrunchTime! to more fully develop its global capabilities."

A key aspect of the product suite for Princess Cruises is the software’s ability to handle multiple currencies and provide a real-time view of shipboard operations. Ships can now trade in any currency and procure from suppliers around the world using the local currency.

About CrunchTime!
CrunchTime! Information Systems is the leading provider of Web-based back office applications for the foodservice and hospitality industries. CrunchTime!'s clients include cruise lines, multi-unit restaurants, hotels and contract food service management companies around the world. CrunchTime! software is helping its clients reduce food costs, drive labor efficiencies and better manage the quality and consistency of their food and beverage operations.

About Princess
Princess Cruises is part of P&O Princess Cruises plc, one of the largest international cruise companies, which consists of six of the top cruise brands around the globe -- Princess Cruises, P&O Cruises and Swan Hellenic in the United Kingdom, Aida Cruises and Seetours. For more information, go to www.princess.com.