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Kurt Cavano honored for applying "on-demand approach to financial supply chain"
NEW YORK, March 28, 2005 - Supply & Demand Chain Executive Magazine has named TradeCard's chairman and chief executive officer, Kurt Cavano, to its 2005 Provider Pros to Know list. The list honors executives who use deep domain knowledge and innovative thinking to equip supply and demand chain professionals with the proper tools.
According to the magazine, Cavano was recognized for applying the "on-demand approach to the financial supply chain to help buyers and their suppliers manage international trade transactions over the Internet."
"This year's Provider Pros to Know have shown themselves to be thought-leaders in their respective supply chain segments," adds Andrew Reese, editor of Supply " Demand Chain Executive Magazine. "Their efforts in developing the tools and processes necessary for supply chain transformation, and in promoting new approaches to supply chain enablement, have earned them a place on this year's Provider Pros listing."
JC Penney, Burton Snowboards, Rite Aid and over 900 other retailers, brands and manufacturers rely on TradeCard's web-based platform. By connecting buyers online with their global suppliers, the platform automates the processes from purchase order delivery through payment. TradeCard and its partners also provide a suite of integrated financial services, including settlement, early payment discount funding, credit protection, and pre- and post-export financing.
"This award represents the value we deliver to our customers," says Cavano. "With TradeCard's web-based approach, a company and its suppliers can continue to use the technologies, banks and logistics providers that make sense for their individual businesses - rather than having to standardize to automate their transactions. The results go beyond process or technology savings. Our customers are quickly able to reduce working capital and improve cash flow."
About Supply & Demand Chain Executive
Supply & Demand Chain Executive http://www.sdcexec.com is a bi-monthly business magazine aimed at uniting the intelligence, news and tools necessary to steer the supply and demand chain management professional and business executive through the complicated, yet critical, world of supply and demand chain management. With hard-hitting analysis, viewpoints and unbiased case studies, Supply & Demand Chain Executive will uncover each aspect of the new supply and demand chain to keep readers on the leading edge, the frontline and the profit zone.
About TradeCard
TradeCard, the leading provider of on-demand financial supply chain products, is revolutionizing global trade with a web-based platform that automates the financial processes in supply chains that have been plagued with decades-old paper-based solutions. By using TradeCard, buyers and sellers can manage their transactions with complete visibility to initial orders through final settlement. TradeCard's global network of partners provides additional automated services on the platform including supply chain financing, credit protection, money movement and inspection. In addition to process improvements, customers realize immediate cost savings, optimized cash flow, reduced reliance on credit lines and improved supply chain relationships. Headquartered in New York City, TradeCard Inc. has offices in San Francisco, Hong Kong, Brussels, Taipei, Seoul, Tokyo and Shenzhen. TradeCard is a registered trademark in the United States and elsewhere throughout the world. TradeCard is located online at www.tradecard.com.
