MEDIA CONTACTS:
Tracy McDargh
Vcommerce Corporation
480.551.3786
tmcdargh@vcommerce.com
Neal Underberg
K2B
816.931.7502
underberg@K2B.net
“Supply Chain Execution Meets Planning”
SCOTTSDALE, Ariz., June 19, 2002 ¾ Vcommerce Corporation, a leading supply chain execution solutions provider, and K2B, a leading demand and supply planning provider, today announced they have entered into a strategic alliance that accelerates the distribution of the companies’ comprehensive supply chain execution and planning suites.
Under the terms of the agreement, the companies will integrate, co-brand, and
cross-market their solutions. Vcommerce will distribute the new application as
V-Planning. This addition allows Vcommerce to seamlessly extend its end-to-end Supply Chain Execution (SCE) suite from planning through logistics management. The alliance
makes Vcommerce and K2B the first to fully integrate supply chain execution with planning systems.
“Traditional planning systems are typically unaware of the realities of execution - as soon as a plan is generated, its accuracy deteriorates as execution strays from plan. By integrating V-Planning into Vcommerce’s suite of supply chain execution solutions, we are able to provide a unique feedback loop, from execution to planning, that enables the planning system to appropriately respond to operational changes,” said Steve DeFrancesco, Senior Director of Product Management. “While Vcommerce continues to focus on the execution side of the supply chain, this alliance allows our clients to further minimize working capital requirements through integrated planning and execution.”
“K2B provides the insight into what, when and how to buy and position inventory. We show clients how changes in the supply chain will impact working capital and we provide decision support that enables cash optimization,” said Paul Buchanan, CEO, K2B. “Quite simply, K2B brings knowledge to business and it is a natural complement to Vcommerce solutions. Together our solutions, along with our turnkey approach, enable our customers to derive significant and measurable near-term value with considerably lower risk than traditional software solutions. ”
About K2B
K2B’s mission is to help companies operate at peak efficiency and profitability by arming them with the knowledge to make smarter business decisions about key aspects of operations and finance. K2B accomplishes this by analyzing the company`s data, as well as industry information, using knowledge-based solutions that they design, develop and maintain in-house.
K2B`s management team has a combined 100 years of experience with the "Big Five" and Fortune 500. These executives spent their careers helping large vertically integrated businesses become more operationally efficient and profitable. They saw an urgent market need and came together to service it. K2B is based in Kansas City with a West Coast office in San Francisco. For more information visit www.K2B.net.
About Vcommerce Corporation
Vcommerce extends supply chain operations across our customers’ trading networks through a flexible, scalable technology platform and comprehensive suite of products. Our distributed order management and direct fulfillment solutions provide detailed order visibility, performance monitoring, proactive event notification and automated exception management.
Customers across a variety of industries are successfully using Vcommerce solutions to effectively manage orders, improve customer satisfaction, reduce operational costs, and enhance performance across the supply chain. The Company’s growing installed-base includes enterprises such as GE, Gateway, eBay, FEMSA/Encante (Mexico), Borders, Excite Networks/iWON, Twentieth Century Fox Home Entertainment, BDI-Laguna, and Ingram. A privately held company, Vcommerce is headquartered in Scottsdale, AZ. For more information, visit www.vcommerce.com.
###
Back...
