German retailer inks deal to use TradeStone solution to source goods from around the world
Gloucester, MA — March 4, 2005 — German retail group Deutsche Woolworth has tapped a global e-sourcing solution from TradeStone Software to purchase global merchandise for their own stores and to offer in a service bureau environment to retailers who buy through Woolworth.
Deutsche Woolworth, one of the leading German retail groups, operates more than 330 outlets in Germany and Austria. With 14,700 employees, the company generated sales of approximately $1.4 billion last year.
TradeStone says its SteppingStones solution supports sourcing, unified order management to handle international and domestic purchasing, and logistics. TradeStone will work with Deutsche Woolworth and implementation partner IBM to tailor SteppingStones' functionality to meet the unique requirements of the European market, the solution provider said.
The resulting solution will support Woolworth's global order management requirements with sourcing and order management collaboration across Woolworth's supplier base. This capability will be expanded to the company's customer base, which will be able to use the software to source goods from Woolworth, its suppliers and service providers.
"A major strategic initiative at Deutsche Woolworth is to expand our global sourcing operation to offer price-effective goods to consumer and corporate customers," said Heinrich Richter, head of the purchasing department at Deutsche Woolworth. "Another goal is to create a robust global order management system that uniquely fits our needs. Only TradeStone was able to present a solution that met our needs on all these fronts."
The agreement marks TradeStone's entry into the European market. Other Tradestone customers include American Eagle Outfitters, The Children's Place and Ocean State Job Lots.
Additional Articles of Interest
For more information on the challenges and opportunities presented by increasingly global supply chains, see the special in-depth report in the August/September 2004 issue of Supply & Demand Chain Executive, which includes the following articles:
Gloucester, MA — March 4, 2005 — German retail group Deutsche Woolworth has tapped a global e-sourcing solution from TradeStone Software to purchase global merchandise for their own stores and to offer in a service bureau environment to retailers who buy through Woolworth.
Deutsche Woolworth, one of the leading German retail groups, operates more than 330 outlets in Germany and Austria. With 14,700 employees, the company generated sales of approximately $1.4 billion last year.
TradeStone says its SteppingStones solution supports sourcing, unified order management to handle international and domestic purchasing, and logistics. TradeStone will work with Deutsche Woolworth and implementation partner IBM to tailor SteppingStones' functionality to meet the unique requirements of the European market, the solution provider said.
The resulting solution will support Woolworth's global order management requirements with sourcing and order management collaboration across Woolworth's supplier base. This capability will be expanded to the company's customer base, which will be able to use the software to source goods from Woolworth, its suppliers and service providers.
"A major strategic initiative at Deutsche Woolworth is to expand our global sourcing operation to offer price-effective goods to consumer and corporate customers," said Heinrich Richter, head of the purchasing department at Deutsche Woolworth. "Another goal is to create a robust global order management system that uniquely fits our needs. Only TradeStone was able to present a solution that met our needs on all these fronts."
The agreement marks TradeStone's entry into the European market. Other Tradestone customers include American Eagle Outfitters, The Children's Place and Ocean State Job Lots.
Additional Articles of Interest
For more information on the challenges and opportunities presented by increasingly global supply chains, see the special in-depth report in the August/September 2004 issue of Supply & Demand Chain Executive, which includes the following articles:
- Making Global Supply Chains Work Supply and demand chain practitioners take on the challenges and opportunities of world marketplace.
- The Hidden Costs of a Global Supply & Demand Chain - Veteran industry observers warn of potential hidden costs of offshoring.
- Mastering the Complexity Challenge in the Global Supply Chain - While many companies are acting globally, they are still thinking locally.
- Ensuring Security of Supply in the Lean Supply Chain - Balancing the demands of security with the requirements of today's lean supply chains
- The World Is Enough - Making the global high-tech supply chain more accessible.
- More articles about TradeStone Software.
