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Wednesday, June 27, 2001 |
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COMMERCEHUB SCORES BULLSEYE WITH TARGET.COM
For Immediate Release
Target.direct to use CommerceHub’s Drop-Ship Master
CLIFTON PARK, NY, June 26, 2001 - CommerceHubTM, which builds, hosts,
and services private supply chain networks for leading multi-channel
retailers, announced today that target.direct, a division of Target
Corporation has chosen CommerceHub’s Drop-Ship MasterTM to manage its
drop-ship fulfillment program. As a result of the agreement between the
two companies, target.direct will utilize CommerceHub’s suite of hosted
applications to achieve real-time coordination with drop-ship suppliers
who are shipping products directly to customers on the retailer’s
behalf.
“CommerceHub enables us to rapidly integrate suppliers into our
drop-ship program, and provides us with the tools to closely monitor
those suppliers as they ship orders directly to our guests,” stated
Cathy David, General Manager of target.com. “With CommerceHub, we gain
complete visibility into supplier performance, from purchase order
through delivery, so we can assure high levels of customer satisfaction.
By simplifying the management of what is a very complex distribution
model, CommerceHub is making it possible for Target to sell products
that it does not keep in inventory, allowing us to expand our product
offering without tying up additional capital in inventory.”
“Target’s innovative approach to all aspects of their operation has
propelled their tremendous sales growth,” said Frank Poore, president
and CEO of CommerceHub. “Target.direct’s selection of CommerceHub is an
affirmation of the innovative nature of our platform, and the growing
interest in drop-ship fulfillment. We are delighted to add Target to our
growing list of industry leading clients.”
CommerceHub (www.commercehub.com) is a leading provider of hosted
supplier integration and order management services for multi-channel
retailers. The company’s open and flexible translation platform enables
retailers to electronically integrate with all of their suppliers
regardless of system incompatibility issues. The seamless
system-to-system communication allows both merchants and suppliers to
eliminate costly, inefficient and error-prone manual procedures, from
point-of-sale through delivery. On top of this ground breaking platform,
CommerceHub has layered robust applications that simplify order
management, and provide real-time visibility and control over
transactions, so companies can improve their fulfillment performance,
while reducing their costs. CommerceHub’s Drop-Ship Master is a suite of
applications that provides retailers with the supplier management tools
necessary to confidently build and expand inventory-less drop-ship
direct to customer programs. CommerceHub’s Bulk-Ship Master is a suite
of applications that provides retailers with the supplier management
tools necessary to minimize warehouse and store-level inventories.
CommerceHub’s clients include the world’s largest electronic
merchandiser, QVC and Kmart’s e-commerce company, BlueLight.com.
About target.direct
target.direct is a wholly-owned subsidiary of Minneapolis-based, Target
Corporation (NYSE: TGT). target.direct, the direct merchandising and
electronic retailing organization of Target Corporation, was formed in
early 2000. The business combines the e-commerce team at the company
with its direct merchandising unit into one integrated organization.
Target Stores, the largest division of Target Corporation serves guests
at 991 stores in 46 states nationwide by delivering today’s best retail
trends at affordable prices. Whether visiting a Target store or shopping
online at target.com, guests enjoy a fun and convenient shopping
experience with access to thousands of unique and highly differentiated
items.
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Media Contacts:
Dave Duggal
CommerceHub
518.886.0715
dduggal@commercehub.com
Carolyn Brookter
Target Corporation
612.304.6557
carolyn.brookter@target.com
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