Unifying the International, Domestic Sourcing Process

TradeStone Software debuts suite designed to offer new approach to collaborative sourcing

  • Product — Designed for all product planning, design, costing and allocation needs, Product is intended to allow for planning refinement and tracks assortments, line lists, flows to stores, product traits, bill of material, images and specifications.

  • Sourcing — Designed to read information from TradeStone tables and other product-focused systems in the organization to create requests for quotes (RFQs), Sourcing enables users to normalize information received in vendor offers, auto-calculate landed costs and create planning calendars. It invites vendors to interact and collaborate on the design and delivery of products while monitoring vendor performance relative to established tolerance and product expectation.

  • Unified Order Management — Designed to track finished goods, raw materials, blanket orders and aggregations by customer, channel or store type, this module enables quality assurance, vendor and channel management and planning. It also supports the creation of smaller, more frequent orders giving retailers the ability to respond to sales data and changing market conditions.

  • Logistics — Designed to track and manage containerization opportunity, shipment building, trace and track offers, as well as government-related processes including customs and duties.

  • Finance — Designed to focus on invoicing, costing, banking and other financial processes, Finance integrates with banks for letters of credit, purchase orders and open accounts; enables vendor self-invoicing; audits against tolerances and waiver collaboration and enables landed cost reconciliation.

Additional Articles of Interest

For more information on the current state of the sourcing market, see the article "The Analyst Corner: Sourcing" in the June/July 2004 issue of Supply & Demand Chain Executive.