Printer Friendly
The Free Library
5,677,251 articles and books
Member login
User name  
Password 
 
Join us Forgot password?

Boots Selects TradeStone's PLM for Retail to Support Sourcing and Brand Expansion.


TradeStone to Reduce Time and Cost to Market by Improving Collaboration for Product Development across Multiple Continents

GLOUCESTER, Mass. -- TradeStone Software, the leader in delivering the Unified Buying Process[TM] through domestic and international sourcing, product lifecycle Product lifecycle or product life cycle is the course of a product's sales and profits over time. The five stages of each product lifecycle are product development, introduction, growth, maturity and decline.  management and order management, today announced that Boots The Chemists, a division of Alliance Boots Alliance Boots Limited is a British based pharmaceuticals company, operating as a high street retailer, pharmacist and pharmaceuticals wholesaler. Alliance Boots is the dominant pharmacy chain in Britain with a 17% market share[1]. , Europe's leading pharmacy-led health and beauty group, has purchased the TradeStone Suite to unify its Asian sourcing process and improve collaboration between divisions, suppliers and transportation providers.

Boots sourcing, distribution and retail operations are spread across Europe, Asia and the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. , creating significant disparities in languages, time zones, currencies and processes. To realize the company's vision of seamless collaboration between all members of the sourcing process, Boots needed to overhaul the existing Asian sourcing management system, which is primarily based on Microsoft Office Microsoft's primary desktop applications for Windows and Mac. Depending on the package, it includes some combination of Word, Excel, PowerPoint, Access and Outlook along with various Internet and other utilities.  applications such as Excel and an old legacy AS400. The current primarily paper-based system makes information-sharing a tedious and time-intensive process. Reports can only be updated by one person at a time and then shared via email, a process complicated further by the variations in time zones.

To meet these needs, Boots selected TradeStone Suite, a Web-based application See Web application.  designed to unify the entire buying process. With the TradeStone Suite, manufacturers, suppliers and merchants work together for product development, planning refinement, order management, quality assurance, logistics and finance. The software automatically normalizes the three impediments to global commerce: language, time and currency. TradeStone allows for multiple stakeholders to input data simultaneously and access information in real-time regardless of location. Additionally, all communications are date/time stamped and viewable through a collaboration history on the order, creating an audit trail while eliminating the need for paper. And the TradeStone Suite will layer across existing IT investments, such as SAP, MFG/PRO and other homegrown systems, eliminating the need to rip-and-replace these systems.

"Boots is an international organization with outlets across Europe and Asia. Now, through the merger with Alliance Unichem
This article is about a former British company which has now merged to form Alliance Boots, as a result, information on this page is likely to be out of date

Alliance UniChem Plc
, the enlarged group is primed to expand into new geographic markets," said John Rignall, Business Systems director for Boots The Chemist. "Our need for a sourcing solution that can unify processes between suppliers, retailers and freight service providers across the Far East is paramount to our success. After an exhaustive search, we selected the TradeStone Suite because of its ability to bring every stakeholder onto one easy to use system regardless of language barriers, time differences and processes variations."

"For almost ten years, Boots has been recognized as the most trusted brand in the UK. As they focused on expansion of their sourcing operation around the world, they sought a technology infrastructure that could support their ability to continue delivering the high standard of quality that customers associate with the Boots name," said Sue Welch, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board.  for TradeStone Software. "TradeStone's Unified Buying Process helps improve their internal sourcing practices and external collaboration with overseas suppliers to ensure that very complex levels of product specification are developed, defined, communicated, monitored and measured consistently. Alliance Boots will have an end-to-end global sourcing, PLM (Product Life cycle Management) A comprehensive information system that coordinates all aspects of a product from initial concept to its eventual retirement. Sometimes called the "digital backbone" of a product, it includes the requirements phase, analysis and design  and order management solution that enables them to improve profitability while expanding the Boots brand into new markets."

About Alliance Boots

Alliance Boots is a leading international pharmacy-led health and beauty group which operates in both wholesale and retail.

It has a wholesale and distribution network serving over 125,000 pharmacies, hospitals and health centres via 380 depots in 14 countries. Pharmaceutical wholesaling businesses are in the Czech Republic Czech Republic, Czech Česká Republika (2005 est. pop. 10,241,000), republic, 29,677 sq mi (78,864 sq km), central Europe. It is bordered by Slovakia on the east, Austria on the south, Germany on the west, and Poland on the north. , France, Italy, The Netherlands, Norway, Russia, Spain and the UK. Associate pharmaceutical wholesaling interests are in Egypt, Germany, Portugal, Romania, Switzerland and Turkey.

In retail, Alliance Boots has a network of approximately 3,000 outlets in seven countries, of which over 2,700 have pharmacies. Retail healthcare outlets are in Republic of Ireland, Italy, The Netherlands, Norway, Thailand and the UK. Associate retail healthcare outlets are in Italy and Switzerland.

Formed on 31 July 2006, Alliance Boots is listed on the London Stock Exchange London Stock Exchange

London marketplace for securities. It was formed in 1773 by a group of stockbrokers who had been doing business informally in local coffeehouses.
 and employs around 100,000 people.

About TradeStone Software, Inc.

TradeStone Software enables retailers and manufacturers to plan, design, collaborate on and purchase goods from across the world as easily as from across the street. TradeStone's Unified Buying Engine uses Web services (1) Loosely, any online service delivered over the Web. Such usage appears in articles from non-technical sources, but not in IT-oriented publications, because definition #2 below describes the correct use of the term.  technology to layer across an organization's existing infrastructure while its modular software See modular programming.  fills in buying process gaps to provide a single view, access and interaction across the entire procurement process. The first and only complete solution for global sourcing, product lifecycle management, and unified order management, TradeStone's intuitive, "No Training" technology helps people throughout the supply chain to collaborate globally, enabling users to focus on speeding innovative products to market. Marquee customers include American Eagle Outfitters, The Children's Place, Deutsche Woolworth, Ocean State Job Lot, Pacific Alliance and Federated Connected and treated as one. See federated database and federated directories.  Department Stores This is a list of department stores. In the case of department store groups the location of the flagship store is given. This list does not include large specialist stores, which sometimes resemble department stores. . TradeStone Software is based in Gloucester, Mass. and can be found on the Web at www.TradeStoneSoftware.com.
COPYRIGHT 2007 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2007, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

 Reader Opinion

Title:

Comment:



 

Article Details
Printer friendly Cite/link Email Feedback
Publication:Business Wire
Article Type:Company overview
Date:Feb 5, 2007
Words:809
Previous Article:The Private Bank of California Announces Continued Strong Growth in Assets and Reduction in Operating Loss for the Quarter Ended December 31,...
Next Article:X-Change Corporation and Hitachi America, Ltd. Sign Value Added Reseller Agreement for Hitachi Mu-Chip Technology.



Related Articles
Ethan Allen goes global: one of the best-known names in the furniture industry is reshaping itself not only to be more competitive domestically but...
TradeStone Software Enables Global Sourcing For The Children's Place; Pioneering Leader in Global e-Sourcing Marks Major Retail Customer Win.
TradeStone Software Selected By American Eagle Outfitters For Global E-Sourcing.
TradeStone Software Automates Product Lifecycle Management for Apparel and Footwear Retailers and Manufacturers.
UK Mail Order and Internet Retailer J D Williams Selects TradeStone for Global Sourcing and Product Lifecycle Management; Retail PLM Solution to...
TradeStone Exhibits Record Growth in Summer 2006; Award-Winning Global Sourcing Company Adds Several Clients, Expands Market Reach.(Company overview)
J D Williams Goes Live with TradeStone for Global Sourcing and Product Lifecycle Management.(Company overview)
New agreement for IBM and Dassault Systemes.(IT News and Products)
Tradestone CEO Speaks on Improving Profits with Sourcing, PLM For Retail and Global Order Management.
Ocean State Job Lot Recognized as a 2007 Mid-Market All Star by RIS News Magazine.

Terms of use | Copyright © 2009 Farlex, Inc. | Feedback | For webmasters | Submit articles