QRS to Support Data Synchronization for General Merchandise and Apparel (GMA)
RICHMOND, Calif., July 9, 2003 - QRS Corporation (Nasdaq: QRSI) today
announced that the Army & Air Force Exchange Service (AAFES) will use QRS
Catalogue(tm) as one of its third-party providers of data synchronization to
centralize product data and help optimize internal business processes among
its GMA trading partners.
QRS Catalogue allows suppliers to synchronize current, accurate product
information on more than 90 million items with retailers in North America
and Europe. QRS Catalogue will enhance supplier relationships for AAFES by
improving order accuracy and reducing procurement cycle times, while
simultaneously reducing order management administration costs. As a result,
AAFES can reduce overall operating expenses and improve staff productivity
by using QRS Catalogue with its GMA trading partners.
AAFES has been a QRS customer since 1995, using QRS Exchange(tm) to manage
retail supply chain communication and collaboration with its trading
partners. Whether through the Internet, or a value-added network (VAN), or
as a managed service, QRS Exchange supports trading communities of any size,
offering customers economies of scale and a rapid return on investment with
easier network setup and lower maintenance costs.
"QRS provides collaborative commerce solutions that benefit both retailers
and vendors," said Liz Fetter, President and CEO of QRS Corporation. "We are
proud that our solutions help the AAFES meet the needs of American
servicemen and servicewomen around the world."
About the Army & Air Force Service Exchange
For more than 107 years, the Army & Air Force Service Exchange (AAFES) has
provided quality merchandise and services at uniformly low prices to active
duty military, Guard and Reserve members, retirees and family members around
the world. The AAFES runs more than 10,000 facilities worldwide - including
Post Exchanges (PXs) and Base Exchanges (BXs) - at US Army and Air Force
Bases worldwide. The AAFES motto, "We Go Where You Go," is truly indicative
of the service and support AAFES provides to service members.
About QRS
QRS (Nasdaq: QRSI) is a leading provider of collaborative commerce solutions
for the global retail trading community. We enable companies to communicate
electronically with their global trading partners; conduct cross-company
transactions; synchronize and manage product data; collaboratively source,
merchandise and import goods; and automatically detect and resolve supply
chain issues. More than 8,000* retailers, brand marketers, manufacturers,
suppliers, wholesalers and distributors from a variety of retail segments -
including Federated Department Stores Inc., Groupe Clarins USA, Jones
Apparel Group Inc., The Kroger Company, Sears, Roebuck and Co., and
Selfridges plc - use QRS solutions to significantly improve their overall
business performance. Learn more about QRS at www.qrs.com.
*Based on total, unique QRS corporate customers that purchased or licensed
QRS products and services between January and December 2002.
Contact:
Katherine Post
QRS Corporation
Phone: 510-965-4521
kpost@qrs.com
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