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Wilkinson Selects TradeStone to Triple Sourcing Imports |
High Street Retailer Takes Advantage of TradeStone's Merchandise Lifecycle Management Suite to Increase Imports and Enhance Product Range
Gloucester, Mass., September 23, 2008 -- TradeStone Software, the retail industry’s leading provider of private label and global sourcing solutions, today announced UK-based Wilkinson has selected TradeStone to reduce time to market and enhance the Company's private label brands. Wilkinson purchased the complete Merchandise Lifecycle Management suite and plans to triple imports and customer choice. The system will provide the retailer with a comprehensive supplier management capability, ensuring quality, compliance and delivery requirements are monitored using a single source of data.
Wilkinson is a family-owned retailer that offers more than 25,000 products including homeware, furniture, garden, decorating, DIY, food, and health and beauty. Wilkinson's global sourcing initiatives and growth objectives led them to TradeStone. TradeStone's innovative best practice processes around private label development and sourcing will help them communicate with suppliers, produce more goods and significantly reduce cycle times.
"It was TradeStone's industry-leading customer references and breadth of retail knowledge and expertise that gave us confidence they could help us take our business to the next level," said Phil Barnes, Commercial Planning Manager, Wilkinson. "TradeStone was the only company that offered a full end-to-end suite that brought together PLM for Retail, Global Sourcing, Global Order Management, Quality Management and Supplier Management to enable us to give our customers a wider selection of products at the great value they have to come to expect."
"We are impressed with Wilkinson's drive to capitalize on current market conditions and reinvent themselves as a retail leader that uses technology as a strategy to support innovation and growth," said Sue Welch, CEO, TradeStone Software. "They are expecting radical results and that is what we will deliver. We are confident that we will be able to provide Wilkinson with solid increases in sales, customer choice and will help them reduce costs and develop private label products that offer unsurpassed value without sacrificing quality."
About Wilkinson
Founded almost 80 years ago by JK Wilkinson, the company was created to deliver his vision of providing customers with extensive choice allied to the highest possible standards of service - but at the lowest possible prices. Today Wilkinson has over 300 stores across England and Wales and is on target to have 500 by 2012. Details of where to find Wilkinson stores and general information and products can be found on the company's Web site at www.wilkinsonplus.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 TradeStone PLM for Retail (TM), TradeStone Global Sourcing (TM), TradeStone Quality Management (TM), TradeStone Global Order Management (TM) and TradeStone Supplier Management (TM), 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 marquee customers include American Eagle Outfitters, Boots, Circuit City, Deutsche Woolworth, Guitar Center, Kohl's, Macy's, Novi Footwear, 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, Bangalore, Hong Kong and London and can be found on the Web at www.TradeStoneSoftware.com.
Contact:
Tania Stockbridge
TradeStone Software
978-281-3723
tstockbridge
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