Cardinal Health, Inc. First to Adopt New Tool
Alexandria, Va. (November 25, 2003) - ChainDrugStore.net, the communication network for the $400 billion retail pharmacy industry, announced the launch of an online tool that will enable suppliers to securely communicate detailed, real-time marketing and merchandising information, complete with the latest item information, to decision makers at 180 retail chains and wholesalers.
ChainDrugStore.net will provide online tools that have been designed to leverage each participating supplier`s investment in existing item management applications and platforms. Cardinal Health, Inc. is the first ChainDrugStore.net partner to integrate the new item management application into its existing communication and procurement processes.
"Our goal is to help pharmacies better manage product information and ensure access to complete, timely and actionable merchandising information from suppliers," said Brad Mitchell, president and chief executive officer of ChainDrugStore.net. "This is truly a win-win-win situation for suppliers, wholesalers and retailers in terms of streamlining information flow in this industry. We are delighted Cardinal Health has chosen ChainDrugStore.net to help make it happen."
"ChainDrugStore.net has created a unique opportunity for our suppliers and retail partners to promote items and drive sales, while taking advantage of significant administrative efficiencies," John Himmelstein, vice president of Consumer Health for Cardinal Health. "We`re very excited about this initiative. It will enhance communications and customer focus among Cardinal Health, its suppliers and retail partners."
For information on how your company can join ChainDrugStore.net, please contact: Todd Grover, (703) 837-8315 or tgrover@chaindrugstore.net.
About ChainDrugStore.net.
ChainDrugStore.net (www.chaindrugstore.net) is the web-based communications network for the retail pharmacy industry. An innovative eBusiness productivity tool, ChainDrugStore.net provides manufacturers and retailers with new ways to build, sustain and enhance their trading relationships while increasing efficiencies and reducing costs. ChainDrugStore.net is a wholly-owned subsidiary of the National Association of Chain Drug Stores. The company is headquartered in Alexandria, Virginia.
For further information contact:
Pam Burkhardt (703) 837-8311
ChainDrugStore.net Inc.
pburkhardt@chaindrugstore.net
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