Says nine of top 10 retailers in this space now using its supply chain integration services
Newark, CA — February 12, 2004 — Advanced Data Exchange (ADX) this week touted its success in the North American home improvement market, noting that nine of the top 10 retailers in this space currently are using ADX for supply chain integration services.
ADX said it now is providing supply chain integration services for 35 of North America's largest retailers and distributors in the retail building materials and supplies industry, including nine of the top 10.
The provider also reported that overall ADX Network transaction volumes tripled in the 24 months ending December 2003, capping a period that has seen a four-fold increase in connections between suppliers and enterprise trading partners through the network.
In addition to the retail building materials and supplies sector, the ADX Network posted gains in transaction volumes during 2003 in the metals and mining, grocery, retail and wholesale distribution, industrial distribution and manufacturing industries, the service provider said.
According to industry rankings, the nine largest retailers of building materials and supplies using the ADX Network include 84 Lumber, Amazon.com, Ace Hardware, Ferguson Enterprises, Home Depot, Lowe's, Menard's, Sears and Do it Best. ADX said it helps these companies leverage existing information technology investments by providing outsourced supply chain integration services, including supplier community enablement, translation of supply chain documents, multiple communication protocols and a scalable network to facilitate document transfer.
In addition, the provider announced that 2003 transaction volumes for the retail building materials and supplies industry exceeded 2002 totals by more than 200 percent. Industry retailers with the greatest overall increase in ADX Network transaction volume during the past year were Ferguson Enterprises, Do it Best Corp., 84 Lumber and, surprisingly, Amazon.com.
"2003 was a strong growth year for ADX, especially in the hardlines industry," said David Michaud, vice president of marketing for ADX.
