COSTCO INTEGRATES SUPPLY CHAIN WITH SPS COMMERCE
-- Suite of Services Extends Electronic Relationships with 1,200 New and Existing Suppliers --
St. Paul, Minn., May 5, 2003 - SPS Commerce, the leading Supply Chain Integration Service provider, today announced an agreement with Costco, the membership warehouse club operating over 414 locations worldwide, to provide SPS` suite of integration services to Costco suppliers. Costco will utilize SPS` hosted Internet service to conduct electronic commerce with its nationwide network of suppliers.
Utilizing SPS Commerce`s Vendor Enablement Services, Costco will take advantage of a proven formula for performing successful community enablement and management that emphasizes best practices rather than just technology. As part of enablement, SPS will offer Costco`s vendors the opportunity to either utilize SPS` hosted Testing Service or one of SPS` hosted Transaction Services to meet electronic order management requirements.
With SPS Commerce`s online service, SPSCommerce.net, orders are electronically processed and stored quickly and accurately. Costco and their suppliers gain maximum administrative efficiency, reduce shared expenses and improve system accountability.
"Successful major national enterprises such as Costco are always searching for viable methods to improve operations in order to maintain and improve their market position," said Archie Black, SPS Commerce CEO. "We welcome the opportunity to assist Costco in advancing their supply chain processes and bringing measurable relief to their internal accounting and order management operations."
About Costco
Costco operates a chain of membership warehouses that sell high quality, nationally branded and selected private label merchandise at low prices to businesses purchasing for commercial use, personal use, or resale, and also to individuals who are members of selected employee groups. Costco had net sales of 38 billion dollars at the end of their fiscal year 2002. Costco currently operates 414 warehouses, including 306 in the United States and Puerto Rico, 61 in Canada, 15 in the United Kingdom, five in Korea, three in Taiwan, three in Japan and 21 in Mexico. The Company also operates Costco Online, an electronic commerce web site, at www.costco.com.
About SPS Commerce
SPS Commerce is the leading provider of hosted supply chain integration services. The company specializes in managing trading partner enablement and management programs to increase the depth and/or breadth of integration with trading partners - especially small and mid-sized partners. Our solution has helped key enterprises, including more than 80 large retailers and distributors, electronically enable and integrate over 45,000 trading partners into their e-supply chain. For more information, visit 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.
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Contacts:
Eric Chaffee
SPS Commerce
(651) 603-4400
echaffee@spscommerce.com
Derek Lyons
Sterling Hager
(617) 242-7325x 238
dlyons@shiftcomm.com
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