News

Internet Trading Network Continues to Improve Services for Members

YARDLEY, PA, March 10, 2003 - Prophet 21 announced today the release of Trading Partner Connect version 8.0.

Prophet 21 provides distributors and manufacturers/suppliers with technology solutions that help them increase sales, improve customer service, and reduce operating costs. Trading Partner Connect, an Internet trading network, streamlines the commerce process between distributors, manufacturers/suppliers, and end-users.

"Trading Partner Connect 8.0 delivers new features and tools that will increase ease-of-use and functionality for trading partners," says Chuck Boyle, Prophet 21 president and CEO. "This version also strengthens the infrastructure of the network."

Streamlined Dead Stock Purchasing

Trading Partner Connect 8.0 features an enhancement in which the dead stock database is queried when a member's purchasing agent begins his processes, allowing him to buy dead stock - at a discounted price - from other trading partners. This will give members additional opportunities to sell their obsolete inventory.

"The integration marries the timing issue with the dead stock issue - and that's significant," says Lee Eagan, CEO of Oliver H. Van Horn. "This will lead to a significant reduction in dead stock, as well as a margin increase for those who procure the dead stock."

"If someone makes 20 percent on an item when they buy it from their supplier, they could make 40 percent when they buy it as dead stock from another distributor. And the best thing is, they'll buy it when they really need it," continues Eagan. "One guy gets rid of his dead inventory and the other guy makes more money - it sounds like a win-win to me."

News Alerts

Other new tools available to members of the Internet trading network include alerts when new manufacturer lines available for rationalization, encouraging trading partners to rationalize as many lines as possible for maximized sourcing. To aid in this process, members may view the number of items that they have rationalized in a line, as well the total number of items in that line available for rationalization. This dynamic list will also include which vendors are included for each line.

Alerts will also notify members when a new member joins, encouraging new partnerships. All members are listed in an online directory, which is personalized for each member to indicate members with whom trading relationships have been established.

Pricing and Availability

Trading Partner Connect version 8.0 is currently available. For additional information and pricing, please visit www.p21.com or call 1-800-776-7438. Existing customers can contact their Prophet 21 Inside Sales Representative directly.

Press Contact Kimberly Meiser Activant Solutions, Inc. 215-493-8900, ext. 3170 kim.meiser@activant.com

About Activant / Legal & Trademark Information

###

---

Prospective customers are encouraged to fill out and submit the convenient Activant Web Contact Form.

Back to Top