Internet Trading Network Integrates With Prelude Version 19.5
YARDLEY, PA, January 25, 2007 - Activant Solutions Inc. announced the availability of Activant Prelude™ version 19.5, featuring integration with Trading Partner Connect, an Internet trading network for distributors that expedites sourcing, expands geographic reach, and streamlines transactions between distributors and manufacturers.
"Trading Partner Connect will help Prelude users streamline processes, increase sales, and reduce costs while strengthening their positions in the competitive marketplace," says Steve McLaughlin, senior vice president and general manager of the wholesale distribution group at Activant®. "They now have the opportunity to post dead stock and more quickly source items via Trading Partner Connect, which can improve their customer service and streamline their inventories."
Expediting processes between manufacturers/suppliers and distributors, Trading Partner Connect is an optional application that enables distributors to exchange data directly through their Prelude solutions. Distributors can see real-time availability information, receive order acknowledgments and invoices, and update pricing electronically, thus eliminating the need to re-key information. Manufacturers benefit from reduced supply chain costs, increased connectivity, and improved customer service.
Lee Eagan, CEO of Oliver H. Van Horn Co., Inc., an industrial distributor and member of Trading Partner Connect based in New Orleans, LA, examines the importance of Internet trading: "With Trading Partner Connect, we are able to have identified for us items that are 'dead' at our company, but are actively moving at other distributors in the country. With an estimated 20 to 25 percent of many distributors' inventory dead, or not moving, this is a tremendous resource that will, in part, re-capitalize and reenergize the industry."
Functionality in Trading Partner Connect includes:
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Source millions of items from hundreds of trading partners in real time. Trading Partner Connect provides a rationalized catalog against which your inventory is matched and viewed by hundreds of Trading Partner Connect members.
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Eliminate EDI VAN charges when interacting with other Trading Partner Connect members. Trading Partner Connect fulfills relationship offers and replaces value add networks (VAN) within network members. With out-of-network members, Trading Partner Connect greatly reduces VAN charges.
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Use your own item codes by matching inventory against a catalog with millions of items. Trading Partner Connect acts as a translator, with everyone maintaining their own item codes in the privacy of their own solution.
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Reduce dead stock by forming trading relationships with distributors who are actively selling stock that you have marked as inactive in your solution. Members choose what types of dead stock they would like to see and can view all distributors offering that particular product line.
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And Much More
Pricing and Availability
Prelude version 19.5 and Trading Partner Connect version 11.0 are currently available. For additional information and pricing, please e-mail distribution@activant.com, visit www.activant.com, or call 1-800-776-7438, press 1.
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