TradeStone Software Forges Strategic Alliance with UK`s Javelin Group
Leading Specialist Retail Consultancy to Support TradeStone`s Expansion into European Markets
Gloucester, Mass., September 14, 2004 -TradeStone Software, a pioneering leader in collaborative e-sourcing software that enables companies to mainstream international trade as a key part of their business, today announced that it has forged a strategic alliance with Javelin Group, a leading specialist retail consultancy, to support TradeStone`s expansion into the European retail market.
Javelin Group will become TradeStone`s primary partner in the United Kingdom for implementing SteppingStones, TradeStone`s flagship global e-sourcing solution. The consultancy`s strong relationships with the UK`s top 200 retailers will enable TradeStone to build on its well-established customer base, which includes leading retailers like American Eagle Outfitters and The Children`s Place, and will foster the growth of international commerce communities through a global sourcing and order management technology infrastructure.
"Javelin Group has led some of the most successful software implementations in the European retail industry with some of the biggest retailers in the region. Their approach is pragmatic and adheres to a long-term strategy of profitable transformation," said Sue Welch, President and CEO of TradeStone Software. "As partners, we look forward to working with Javelin to provide the infrastructure that will allow our customers to expand their global sourcing and order management operations, and to transform their organizations to become more profitable on a global basis."
"As Europe`s leading retail consultancy, we make it our business to seek out and implement smart solutions to the sector`s most pressing strategic issues. As global sourcing sweeps across the retail industry, the need for an effective sourcing solution has never been greater," said Tony Stockil, CEO of Javelin Group. "Having evaluated the marketplace, we are delighted to have partnered with the leading e-sourcing software vendor, helping our retail clients manage their complex global procurement processes and realize significant margin improvements."
About Javelin Group
Javelin Group (www.javelingroup.com) is a leading specialist retail consultancy focused on sales growth and margin improvement strategies for the UK`s top 200 retailers. Javelin Group`s consultants work on business-critical projects in five key service lines:
1. retail growth strategy (customers, products, prices, channels, formats, locations)
2. merchandise productivity (range planning, allocation, inventory, pricing)
3. multi-channel strategy and operations (ecommerce, mail order, in-store ordering, contact centres, fulfilment)
4. retail technology strategy (enterprise architecture, product selection, application architecture, implementation)
5. store locations and shopping centre strategy
Javelin Group`s team has over 100 years` experience in a variety of senior retail roles and as a company it has worked for many of the largest retailers in the UK and Europe, including B&Q, Tesco, Homebase, Mothercare, Poundland, and John Lewis.
About TradeStone Software, Inc.
TradeStone Software is the leading provider of collaborative e-sourcing solutions for Global 2000 companies and their suppliers. Led by industry pioneer Sue Welch, TradeStone`s executive team has delivered such market firsts as PC-based import software in 1984, and Windows-based sourcing software in 1994. Today, TradeStone offers the first and only composite application to the global sourcing market that leverages an organization`s IT infrastructure and operates on either a stand-alone basis or can be layered into an application mix to fill "global gaps." TradeStone`s solution manages all essential operations with global sourcing partners, from pre-buy RFQ`s to order management; detailed WIP and logistics trace and track, financing and Customs clearance, while providing seamless event management and alerting. TradeStone Software is based in Gloucester, Mass. and can be found on the Web at http://www.TradeStoneSoftware.com.
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