Availability of TradeStone Suite Version 3.5 is Announced
TradeStone Software announced the availability of version 3.5 of the TradeStone Suite. TradeStone Suite 3.5 introduces several planning capabilities that marry existing sourcing and order execution functionality; features significant enhancements to the Finance and Logistics modules; and includes many additions that benefit suppliers and foster rapid adoption and deployment across expanding supply chains. Version 3.5 is in production at several customer sites where significant reductions in costs and design-to-delivery cycles are already being realized.
The new features in version 3.5 support retailers, vendors and manufacturers building out their own exclusive TradeStone Commerce Communities. All community members benefit from the TradeStone Suite's ability to connect planning, sourcing and order execution with seamless access across multiple applications. This provides a financial and merchandise view of sourced and ordered items across all production phases. The system captures committed-to quantities, approved quantities, on-order quantities by Sell Channels and flow, production status, and financial commitment.
Powered by TradeStone's Unified Buying Engine and comprised of five modular applications - Product, Sourcing, Logistics, Finance and Unified Order Management - the TradeStone Suite helps retailers and merchants work together throughout the buying process, fostering global collaboration among buyers and suppliers. The TradeStone Suite provides retailers with the technology infrastructure they need to manage all aspects of the purchasing process, from the high-level planning stage, through product development and range plan creation, initiation of an order, sample and production tracking, and shipment and financial reconciliation. TradeStone's ability to layer across an organization's multiple software applications and legacy systems provides one real-time view and interaction to designers, sourcing personnel, buyers, suppliers, and logistics support staff.
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