News & Events - Press Releases

RETAILERS, BRANDS & SUPPLIERS MOVE CLOSER TO A SEAMLESS SUPPLY NETWORK WITH LATEST VERSION OF TRADECARD

Enhancements for Advanced PO Collaboration™, Advanced Visibility™ (Work in Process) and Factory Xpress® Help Remove Barriers to Global Trade

NEW YORK, June 7, 2011 - TradeCard, Inc., the supply chain collaboration platform used by more than 7,800 retailers, brands, manufacturers and service providers, has released the latest version of the TradeCard Platform to help customers orchestrate physical and financial supply chain transactions faster, smarter and with better transparency. TradeCard's 95 enhancements include:

  • Advanced PO Collaboration enhancements that make it easier for customers to confirm key purchase order terms with their suppliers.
  • Advanced Visibility (Work in Process) usability improvements that make it easier for suppliers and factories to provide extended visibility into the production process.
  • Factory Xpress enhancements to TradeCard's best-in-class scan & pack / supplier enablement solution that includes PC scan station support for item scanning, increased sophistication of supported packing methods and additional system usability and visibility improvements.
  • An improved navigation screen that makes day-to-day work simpler, easier and faster.

TradeCard's cloud-based platform enabled all customers to migrate seamlessly to the new version on June 6.

"Recent events in Japan and the Middle East have demonstrated the fragility of today's supply chains. New global risks and concerns are impacting us each day," said Kurt Cavano, CEO of TradeCard, Inc. "TradeCard delivers a collaborative network of trading partners, supply chain services and trade finance providers that enable individual parties to collaborate as a strategic supply chain to reduce costs and risks. The latest version of the TradeCard Platform presents rich new capabilities in pre-PO planning, work in process tracking and factory floor automation that allow brands, retailers and their supply chains to operate with more agility, speed and transparency to counter the uncertainties we face today."

TradeCard brings together multiple parties and provides a single version of the truth to orchestrate complex supply network transactions. Document and workflow efficiencies achieved through use of the TradeCard Platform allow trading partners within a supply network to benefit from time and cost savings. Financial services offered by third party financial institutions through the TradeCard Platform lower trade financing costs and reduce credit related risks for suppliers. The combination of TradeCard's hosted technology platform along with its global support network provides trading partners a low cost environment to transact. TradeCard's global network helps customers respond quickly to fast changing economic conditions.

About TradeCard, Inc.
TradeCard, Inc. is a leading supply chain collaboration platform that improves margin, cash flow and visibility for over 7,800 buyers, sellers and service providers in 60+ countries. TradeCard delivers a cloud-based network that facilitates complex multi-enterprise sourcing transactions across multiple layers of the supply chain. More than 38,000 individual users leverage the TradeCard Platform to streamline transaction flow from purchase order through production tracking, shipment and payment. Financial services offered by third party financial institutions on the Platform reduce trade financing costs and mitigate credit risk for suppliers. Multi-enterprise collaboration on the Platform delivers visibility into the movement of goods from raw materials to the store shelf. TradeCard's on-the-ground trade experts throughout the world allow entire supply networks to rapidly join the platform.

The world's leading retailers and brands leverage TradeCard's platform and member network for sourcing and global trade, including Levi Strauss & Co., Columbia Sportswear, Guess and Rite Aid. TradeCard, Inc. is headquartered in New York City with offices in San Francisco, Hong Kong, Brussels, Taipei, Seoul, Colombo, and Shenzhen. TradeCard is located online at www.tradecard.com.