RedKnife Announces Comprehensive New Suite of Retail Solutions for Retail Supply Chain Automation

MicroWarehouse, Webvan and Beyond.com realize benefits of RedKnife Retail TM

June 25, 2001, Livermore – RedKnife Inc., a pioneer in Business Network Automation, today announced the availability of a comprehensive suite of retail supply chain solutions. This product suite enables retailers, distributors, wholesalers and their suppliers to automate their supply chain relationships and business processes.

Built upon the powerful RedKnife One Decision Solution™ platform, RedKnife Retail ™ offers benefits across the retailer`s organization, including procurement (automation across all suppliers), operations (visibility from purchase to fulfillment) and finance (electronic reconciliation of purchase order to delivery to invoicing). The solution provides a comprehensive set of applications including :

 Order and Replenishment Visibility: Reducing inventory cycle time and out-of- stock situations is critical to retailers. This application automates a broad range of business processes (including order status, acknowledgements, and shipping status), integrates with carriers to provide inventory tracking from order through delivery and invoicing, and manages business rules, generates alerts, and provides a collaborative resolution environment.

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 Visible Directs: The application enables retailers to drop-ship products directly from suppliers to customers, while retaining control of the customer relationship. The application provides visibility and tracking, alerts if shipments are late or service level agreements are not met, and the ability to quickly add new suppliers to the automated network. This solution addresses the difficulty retailers have expressed in doing store directs and Direct Store Deliveries (DSDs).

 Supplier Enablement: A cost-effective solution that provides electronic automation to all trading partners regardless of technical sophistication. This application supports advanced, timesaving processes such as forward logistics, including cross-docking and pre-distribution. Supplier enablement allows companies to create automated acknowledgements, ship notices, bar codes and invoices.