June 30, 2009
Gloucester, Mass., — TradeStone Software, the retail industry's leading provider of private label and global sourcing solutions, today announced the Company is featured as a winner of the 2009 Supply & Demand Chain Executive 100 award in the June/July cover of the business publication. TradeStone's innovative Merchandise Lifecycle Management solutions are celebrated for their ability to help retailers reduce cycle times and increase sales with more "on-trend" merchandise. Supply & Demand Chain Executive identified leading providers of supply chain services and technologies who are helping their customers and clients both respond to the downturn and, more importantly, position themselves for growth ahead. This year the magazine focused the criteria for its "100" feature on economic recovery.
TradeStone's retail customers are weathering the economic climate by combining the creative process of product design and sourcing to match their merchandise mix more closely to consumer demand. TradeStone's integrated platform gives retailers the ability to rapidly respond to changes in consumer demand that impact the supply chain. Aggressive postponement strategies allow retailers to wait until the last minute to impact color, size and geography. This facilitates multiple in-season product modifications based on sales and predictive analysis, enabling dynamic re-assortments of new products within original commitment quantities.
"The corporate executives and line-of-business leaders who rely on the magazine want to know what the different supply chain solution and service providers are doing to help them meet these critical, corporate ‘life-or-death' challenges," said Andrew K. Reese, editor of Supply & Demand Chain Executive. "Therefore, our judging committee looked for solutions across a variety of industries, addressing the needs of companies of varying sizes, and assisting in the transformation of a diverse mix of the functions that make up the supply chain."
"Although the year has been challenging for retailers, we are honored that Supply & Demand Chain Executive has recognized TradeStone's contribution in paving the way for recovery and success in the future," said Sue Welch, CEO, TradeStone Software. "By moving prediction closer to production, TradeStone's Merchandise Lifecycle Management solutions have enabled retailers to rapidly respond to customer feedback and get the optimal goods into the hands of consumers when they want them – leading to increases in customer choices and consumer spending. We look forward to continuing that trend and doing our part to make 2009 a bright and prosperous year for the retail industry."
About Supply & Demand Chain Executive
Supply & Demand Chain Executive is the executive's user manual for successful supply and demand chain transformation, utilizing hard-hitting analysis, viewpoints and unbiased case studies to steer executives and supply management professionals through the complicated, yet critical, world of supply and demand chain enablement to gain competitive advantage. On the Web at www.SDCExec.com.
About TradeStone Software, Inc.
TradeStone provides merchandise lifecycle management software that enables the world's most successful retailers to bring innovative and highly profitable private label products to market at record speeds. TradeStone's Merchandise Lifecycle Management suite, which consists of PLM for Retail, Global Sourcing, Global Order Management, Supplier Management, Quality and Compliance and Logistics and Finance deliver radical results - 200 to 400 basis points to the bottom line; sales increases of 3 - 6 percent; average consumer spend increases of seven percent; and sell through at margins of 78 percent. TradeStone customers include American Eagle Outfitters, Boots, Deutsche Woolworth, Guitar Center, Kohl's, Macy's, NBrown Catalog Company, Pacific Sunwear, Regatta, Shoprite, The Children's Place and Urban Outfitters. TradeStone Software is headquartered in Gloucester, Mass., with offices in Atlanta, New York City, Bangalore, Hong Kong and London. For more information visit www.TradeStoneSoftware.com.
Contact:
Tania Stockbridge
TradeStone Software
978-281-3723
tstockbridge@tradestonesoftware.com
We help retailers, brand manufacturers and suppliers increase market share and improve margins through the use of Merchandise Lifecycle Management solutions
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