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--National Discount Chain Leader Streamlines Electronic Transactions with Hosted Internet Service for Extensive Supplier Base
St. Paul, Minn., January 28, 2002 - SPS Commerce, the leading Supply Chain Integration Service provider, today announced an agreement with Family Dollar, the fast growing North Carolina-based discount store chain, for its Buyer-Managed Inventory hosted Internet service. Family Dollar will utilize SPS` hosted Internet transaction service to conduct electronic business with their large supplier base that delivers goods to Family Dollar`s 4,200 stores in 39 states.
"Delivering value to our customers is the primary focus at Family Dollar," said Craig Hart, vice president of merchandise control. "SPS` Buyer-Managed Inventory service will help improve our supply chain efficiency and allow us to more cost-effectively deliver great value through everyday low prices and convenience."
Family Dollar will use the Buyer-Managed Inventory service to migrate existing suppliers who normally conduct business via the fax, phone or mail to the world of electronic commerce. SPS` services provide visibility into the order management process for both the supplier and Family Dollar, increasing order accuracy, shortening shipping and payment cycles and ultimately improving customer satisfaction.
"The ability to effectively manage the immense supplier base of a retailer as large as Family Dollar necessitates a proven and efficient process," said Jim Frome, executive vice president and chief strategy officer of SPS Commerce. "This relationship reinforces our ability to assist retailers of all shapes and sizes improve their supply chain operations."
About Family Dollar
Family Dollar Stores, Inc. is one of the fastest growing discount store chains in the United States. During the last ten years, over 2,300 new stores have been added to the chain, of which more than 1,500 were added in the last five fiscal years. The merchandising concept responsible for this growth provides customers with good values in low cost, basic merchandise for family and home needs. The merchandise is sold at everyday low prices in a no frills, low overhead, self-service environment. Most merchandise is priced under $10.00. Stores are located in a contiguous 39-state area ranging northeast to Maine, southeast to Florida, as far northwest as South Dakota and southwest to Arizona. For more information, visit the Company website at www.familydollar.com or call (704) 814-3276.
About SPS Commerce
SPS Commerce is the leading Supply Chain Integration Service provider. The Company specializes in helping large enterprises optimize their supply chains by providing transaction management, application integration and supply chain services to their small- and mid-size trading partners via a hosted Internet service. It has helped key enterprises, including W.W. Grainger, Kmart, Target Corp., REI and Dura Automotive, electronically enable and integrate over 35,000 small and mid-sized trading partners into their e-supply chain. SPS Commerce is headquartered in St. Paul, MN. For more information, visit the Company at www.spscommerce.com or call (651) 603-4400.
SPS Commerce is a registered trademark of SPS Commerce Inc., spscommerce.net and the SPS Commerce logo are the property of SPS Commerce, Inc. All other names and trademarks are the property of their respective holders.