TRADESTONE SOFTWARE ANNOUNCES PACIFIC ALLIANCE
Unified Buying Process Will Enable Clothing Manufacturer to Work More Efficiently with
Major Retailers Including J.C. Penny and Kohl’s
Gloucester, Mass., June 6, 2005 — TradeStone Software, the leader in enabling domestic and international sourcing through a Unified Buying Process, has signed a leading manufacturing customer. The Pacific Alliance, a $200 million apparel manufacturer based in New York, purchased the Unified Buying Engine and the TradeStone Unified Order Management module to work more efficiently with key retail customers and be better positioned to integrate manufacturing facilities acquired as part of its merger with DonnKenny. Implementation begins today and is expected to be complete by the end of 2005.
Pacific Alliance plans to use TradeStone to improve its work in progress (WIP) visibility at the factory level, especially in the quality assurance and quality control areas. The ultimate goal is to improve order delivery as its designers and global manufacturing plants work closely with key retail customers including J.C. Penney and Kohl’s department stores.
According to TradeStone Software CEO Sue Welch: “Pacific Alliance is an important strategic account for us. They are recognized fast turnaround fashion manufacturers who are growing rapidly both organically and through acquisition. We are delighted to be Pacific Alliance’s software provider of choice as they incorporate their recent acquisition, expand their overseas manufacturing, and deliver high quality fashion apparel to their retail customers.
"We selected TradeStone Software for its ability to layer across our current ERP System, unify our visibility and reporting of WIP and QC, and enable us to collaborate internally between departments and with all of our suppliers, including those overseas," said Pacific Alliance EVP and CFO Jake Pleeter. "The breadth and depth of TradeStone`s team expertise in unified management is important to us. We`ll benefit from a timely implementation and also be building the foundation for a stronger infrastructure as Pacific Alliance continues to grow and prosper."
The TradeStone Unified Buying Engine is a technology platform that enables companies to streamline all purchasing into one view and business process by offering visibility deep into the supply chain. It does this by aggregating operations such as managing reporting and queries; alerting for exceptions; critical path management; best practice modeling; workflow and collaboration.
TradeStone Unified Order Management module is designed to track finished goods, raw materials, blanket orders and aggregations by customer, channel or store type, enabling quality assurance, vendor and channel management and planning. It also supports the creation of smaller, more frequent orders giving retailers the ability to respond to sales data and changing market conditions.
About TradeStone Software, Inc.
TradeStone Software enables retailers and manufacturers to plan, design, collaborate on and purchase goods from across the world as easily as from across the street. TradeStone’s Unified Buying Engine uses Web services technology to layer across an organization’s existing infrastructure while its modular software fills in buying process gaps to provide a single view, access and interaction across the entire procurement process. The first and only complete solution for global sourcing and unified order management, TradeStone’s intuitive, “No Training” technology helps people throughout the supply chain to collaborate globally, enabling users to focus on speeding innovative products to market. Marquee customers include American Eagle Outfitters, The Children’s Place, Deutsche Woolworth, Ocean State Job Lot and The Pacific Alliance. TradeStone Software is based in Gloucester, Mass. and can be found on the Web at www.TradeStoneSoftware.com.
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Contact:
Chuck Tanowitz or Heather Fishman
Schwartz Communications
781-684-0770
TradeStone@schwartz-pr.com
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