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Procure-to-Pay Automation Delivers Visibility and Efficiency to Improve Collaboration and Reduce Costs
New York (PRWEB) January 13, 2013
TradeCard, Inc., the supply chain collaboration and global trade platform used by more than 10,000 retailers, brands, manufacturers and service providers, announced today that luxury lifestyle handbags and accessories provider Coach has selected TradeCard to transact with, and make payments to, trading partners in an automated workflow environment that eliminates costs related to manual sourcing processes and the use of letters of credit.
“We’re extremely pleased to welcome Coach and its trading partners to the TradeCard community,” said Sean Feeney, CEO of TradeCard. “Strong trading partner relationships are essential to luxury brands, such as Coach, that work closely with high-end suppliers to compete. TradeCard bridges gaps in the supply chain to allow true collaboration in an automated environment, delivering real benefits for Coach and its trading partners.”
The announcement was made at the National Retail Federation (NRF) show being held January 13 – 16, 2013 at the Jacob Javits Convention Center in New York. Visit TradeCard at booth C214.
About TradeCard, Inc.
Since 1999, TradeCard, Inc. has transformed global supply chain collaboration by boosting visibility, cash flow and margins for over 10,000 brands, retailers, suppliers and service providers operating in 78 countries. TradeCard delivers a cloud-based network that enables complex, multi-enterprise sourcing transactions across multiple layers of the supply chain. More than 45,000 individual users leverage the TradeCard Platform to streamline transaction flows, from purchase order through production tracking, shipment and payment. Embedded financial services throughout the supply network reduce capital costs and minimize risk. 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 around the world allow entire supply networks to rapidly join and drive value through the platform.
The world’s leading retailers and brands, including Levi Strauss & Co., Columbia Sportswear, Guess and Rite Aid, leverage the TradeCard Platform and its member network for sourcing and global trade. TradeCard, Inc. is headquartered in New York City, with offices in San Francisco, Amsterdam, Hong Kong, Shenzhen, Shanghai, Taipei, Seoul, Colombo and Ho Chi Minh City. TradeCard is located online at http://www.tradecard.com.
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