US: Coach selects Tradecard for supply chain collaboration
Luxury handbags, footwear and accessories provider Coach has selected the TradeCard supply chain collaboration and trade platform to help streamline transactions and improve supplier relationships.
The company will use the cloud-based tool to transact with, and make payments to, trading partners in an automated workflow environment.
Its procure-to-pay automation delivers visibility and efficiency to help improve collaboration and reduce costs related to manual sourcing processes and the use of letters of credit.
"Strong trading partner relationships are essential to luxury brands, such as Coach, that work closely with high-end suppliers to compete," said Sean Feeney, CEO of TradeCard.
Coach selects Tradecard to streamline transactions and improve supplier relationships
Procure-to-Pay Automation Delivers Visibility and Efficiency to Improve Collaboration and Reduce Costs
NEW YORK – 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.”
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 www.tradecard.com.
Original source: www.tradecard.com
Omni-channel services may be delivering, but they can be complex. The goal is delivering a seamless omni-channel experience for apparel buying consumers and if the tech doesn't work, the sales aren't ...
How retailers deal with the omni-channel challenge varies greatly, as do opinions on how to integrate strategies for online, mobile and physical transactions....
Deckers Outdoor Corp, the maker of Ugg boots and Teva sandals, is to deploy the GT Nexus cloud-based platform to enhance collaboration and end-to-end visibility across its supply chain....
- 2014: Year in review - Sourcing winners and losers
- COMMENT: The decline of the buying office
- 2014: Year in review - Brand winners and losers
- 2014: Year in review - Retail winners and losers
- Bangladesh: Raising the bar on apparel exports?
- Report urges overhaul of Cambodia factory safety
- Bangladesh knitting worker killed by faulty lift
- Bangladesh factory improvements “will take years”
- North Face debuts locally-grown "backyard" hoodie
- Apparel manufacturing leads US reshoring trend