Electronic Business Services a Perfect Fit for The Wet Seal

Specialty fashion retailer outsources internal, external transaction processes; electronically integrates suppliers

St. Paul, MN — March 28, 2004 — Specialty fashion retailer The Wet Seal Inc. said it will implement SPS Commerce's Vendor Enablement and Management Program to outsource all internal and external transaction processes, electronically integrating its supplier community and streamlining internal operations.

The Wet Seal will onboard its suppliers with SPS' Vendor Enablement Service, which includes electronic data interchange (EDI) testing and migration services to assure integration of the entire supplier base, regardless of suppliers' electronic transaction capabilities.

The Wet Seal said it will also utilize SPS' Ship to Store Services to implement cost-effective business processes to improve the electronic order management relationship between Wet Seal and its suppliers.

With approximately 600 stores and annual revenues of more than $500 million, The Wet Seal is implementing an electronic infrastructure for the first time with SPS Commerce. SPS' hosted services will allow The Wet Seal to exchange purchasing and invoice documents with suppliers at all levels of EDI capability.

"In partnership with SPS Commerce and our vendors, we will be able to implement a more seamless order, delivery and payment process," said Joseph Deckop, senior vice president Central Planning and Allocation of The Wet Seal Inc. "We are very impressed with SPS' trusted, proven solutions and their ability to simultaneously bring cost-efficiency to our company and ease-of-use to our vendors."

SPS Commerce said its multiple order management models are designed to assist companies with electronic orders of all sizes and types. The Ship to Store order management model will enable The Wet Seal's stores to receive product shipments directly from suppliers rather than shipping to a central distribution center, according to the provider.

"The Wet Seal is a prime example of how companies with little or no electronic transaction experience can cost-effectively streamline their processes," said Archie Black, CEO of SPS Commerce. "Many retailers are realizing how they can maximize savings and efficiency by outsourcing with SPS Commerce for our suite of services."