TradeStone Allies with U.K.'s Javelin Group

International e-sourcing specialist partners with retail consultancy to support expansion into European markets

International e-sourcing specialist partners with retail consultancy to support expansion into European markets

Gloucester, MA — September 15, 2004 — International e-sourcing specialist TradeStone Software is partnering with retail consultancy Javelin Group to support TradeStone's expansion into the European retail market.

Javelin Group will become TradeStone's primary partner in the United Kingdom for implementing SteppingStones, TradeStone's flagship global e-sourcing solution. TradeStone is counting on the consultancy's relationships with the U.K.'s top 200 retailers to help build on its current customer base, which includes such retailers as American Eagle Outfitters and The Children's Place.

TradeStone also believes that the new relationship will foster the growth of international commerce communities through a global sourcing and order management technology infrastructure.

"Javelin Group has led some of the most successful software implementations in the European retail industry with some of the biggest retailers in the region," said Sue Welch, president and CEO of TradeStone Software. "Their approach is pragmatic and adheres to a long-term strategy of profitable transformation. As partners, we look forward to working with Javelin to provide the infrastructure that will allow our customers to expand their global sourcing and order management operations, and to transform their organizations to become more profitable on a global basis."

Tony Stockil, CEO of Javelin Group, said that the need for an effective sourcing solution has never been greater in the retail industry as global sourcing sweeps across the sector. "Having evaluated the marketplace, we are delighted to have partnered with the leading e-sourcing software vendor, helping our retail clients manage their complex global procurement processes and realize significant margin improvements," Stockil said.
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