SPS COMMERCE PROVIDES SUPPLY CHAIN INTEGRATION SERVICES TO GRAINGER
St. Paul, MN-March 19, 2001 - SPS Commerce, the leading Supply Chain Integration Service provider announced today that W. W. Grainger, Inc. (NYSE: GWW), the leading North American business-to-business provider of maintenance, repair and operating (MRO) supplies, has selected SPS Commerce to provide a hosted e-commerce transaction solution. Approximately 1000 of Grainger`s small to mid-sized suppliers will be electronically enabled to send and receive product orders and billing information through Grainger`s SupplierConnectSM by September of this year. Implementation of the SPS Commerce solution is expected to provide Grainger cost reductions throughout the supply chain.
"Grainger is committed to offering its suppliers the speed and convenience of online transactions," Fred Loepp, vice president, product management, Grainger. "SPS Commerce provides a seamless online solution that will help us provide accurate and timely purchasing and invoicing communications with our suppliers."
SPS Commerce is a proven leader in business-to-business e-commerce solutions for the manufacturing community with over 15 years of providing services that improve supply chain efficiency. Prior to implementing the SPS Commerce solution, companies would communicate via fax, phone, or mail. The information would then be re-keyed into each company`s inventory purchasing or receiving systems before it could be processed.
"SPS Commerce is pleased that Grainger has selected us as part of their total e-procurement solution," said Steve Waldron, president and CEO of SPS Commerce, Inc. "As Grainger continues to expand its e-commerce program through our supply chain services, the value of an electronically enabled, streamlined supply chain will be realized through reduced costs and the improved ability to collaborate with their business partners."
About Grainger
W.W. Grainger, Inc. (NYSE: GWW), with 2000 sales of $5 billion, is the leading North American provider of maintenance, repair and operating (MRO) supplies, services and related information to businesses and institutions. GWW shares are traded on the New York and Chicago stock exchanges. For more information, visit Grainger on-line at http://www.grainger.com
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 other supply chain services to their small- and mid-size trading partners via a hosted Internet service. It has helped key enterprises, including Sears Roebuck & Co., Kmart, Target Corp., Cisco Systems, Walgreen Co. and Dura Automotive, electronically enable and integrate over 25,000 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 and the SPS Commerce logo are the property of SPS Commerce, Inc. All other names and trademarks are the property of their respective holders.
Grainger and Supplier Connect are the trademarks and service marks of W.W. Grainger, Inc., which maybe registered in the U.S. and other countries.
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