COMPANIES WILL DELIVER NEW ORDER MANAGEMENT SOLUTION FOR RETAILERS
27 May 2004 - Global Exchange Services (GXS)

Based on a technology-driven partnership initiated three years ago, 7thOnline and Global eXchange Services will expand their relationship to collaborate on the delivery of an order management solution for retailers and their suppliers. The solution will incorporate 7thOnline's collaborative assortment planning for micro-merchandising capabilities with Global eXchange Services' data synchronization, order tracking and logistics visibility solutions.

'We are excited about expanding the relationship with 7thOnline through this marketing agreement,' said Bobby Patrick, Global eXchange Services' senior vice president of marketing. 'Timing and adaptability are critical commodities in the fast-paced fashion industry, by combining Global eXchange Services' expertise in data synchronization and supply chain execution solutions with 7thOnline's assortment planning and order placement solutions, we will provide retailers and their vendors with the knowledge and information they need to streamline the order management process and speed the right inventory to the selling floor.'

Global eXchange Services' solutions for the extended retail supply chain includes Product Information Manager, Global Product Catalogue, Logistics Visibility, and Integration. This integrated solution enables retailers and their vendors to share valuable product information and supply chain execution intelligence among trading partners to automate the order creation process and manage in-transit inventory to improve in-store availability.

'To continue our growth momentum and maintain the recognition we have received from the industry, we must continue to deliver superior collaborative solutions that help retailers and vendors make intelligent decisions,' said Louise Chazen, president of 7thOnline. 'Global eXchange Services understands the complexities of multi-partner collaboration and our integrated solution will build upon our successful relationship that has evolved from technology implementation and broadened to client relationship development.'

COLLABORATE, 7thOnline's collaborative assortment planning for micro-merchandising, helps drive top line sales, reduce expenses and maximize business potential. 7thOnline COLLABORATESM allows vendor account executives and their retail buyers to visualize merchandise assortments, develop supporting financial plans and convert the plans to executable orders. 7thOnline's platform enables them to work together on a single set of product data provided by Global eXchange Services' data synchronization solutions, increasing efficiency and improving business focus. 7thOnline's COLLABORATE solution will be marketed as an integral part of GXS suite of retail solutions.

7thOnline is currently facilitating collaboration with over 25 retailers including: Bon-Macy's, Burdines, Rich's-Macy's, Lazarus-Macy's, Goldsmith-Macy's, Macy's East, Macy's West, Foley's, Hecht's, Strawbridge's, Proffitt's, Younkers, Carson Pirie Scott, The Boston Store, McRae's, Herberger's, and Bergner's.

7thOnline Inc., headquartered in New York City, provides web and application based demand chain solutions targeted to the buying and planning processes in the global retail industry. The Company's core applications, COLLABORATE and eSHOWROOM, include collaborative assortment planning, visual merchandising and order management technology. The COLLABORATE application currently serves over 770 department stores. Further information can be found at www.7thOnline.com

http://www.gxs.xom

More News:
  • For May 2004
  • From Global Exchange Services (GXS)
  • For E-Commerce