Fastest Growing Internet Trading Network Delivers More Value
YARDLEY, PA, August 18, 2005 - Prophet 21 Trading Partner Connect, the fastest growing Internet trading network for distributors, is now available for Array customers.
Trading Partner Connect expedites sourcing, expands geographic reach, and streamlines transactions between distributors and manufacturers.
"Trading Partner Connect will help our Array customers become more efficient and profitable, plain and simple," said Chuck Boyle, Prophet 21 president and CEO. "It will save them time in working with their supplier and distributor partners, and time is money."
The network enables distributors to exchange data directly from their Array solutions. Distributors can see real-time manufacturer availability information, receive order acknowledgements and invoices, and update pricing electronically, eliminating the need to re-key data. Plus, because distributors can use the network to check trading partners' inventories, they can source products quickly and transparently - allowing them to expand their offerings without making any capital investments.
Tom Snyder, MIS manager at Becker Electric Supply, is one of more than 30 electrical distributors currently using the network to streamline communications and improve business processes. He looks forward to Array customers joining the network and increasing his pool of potential partners: "It's a great tool to relieve our shelves of inactive inventory," he says. "And it's a good avenue to source material for our customers. We can get things less expensively.
Functionality in Trading Partner Connect includes:
- 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.
- Eliminate EDI VAN charges when interacting with other Trading Partner Connect members. Trading Partner Connect facilitates the creation of relationships and replaces value add networks (VAN) for EDI traffic between network members. With out-of-network partners, Trading Partner Connect greatly reduces VAN charges.
- Use your own item codes by matching inventory against a catalog with millions of items. Trading Partner Connect acts as a translator, with members maintaining their own item codes in the privacy of their own enterprise software solution.
- Reduce dead stock by forming trading relationships with distributors who are actively selling stock that you have marked as inactive in your Prophet 21 software solution. Members choose what types of dead stock they would like to see and can view all distributors offering that particular product line.
- And Much More
Pricing and Availability
Trading Partner Connect for Array is currently available. For additional information and pricing, please visit www.p21.com, e-mail info@p21.com, or call 1-800-776-7438, press 1.
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