Consolidated Commerce Signs Deal With IBS To Provide Vendor Managed Inventory To Golf E-Marketplace.

( BW)(IL-CONSOLIDATED-COMMERCE) Consolidated Commerce Signs Deal With IBS To Provide Vendor Managed Inventory To Golf E-Marketplace

Business Editors/High Tech Writers

DES PLAINES, Ill.--(BUSINESS WIRE)--Feb. 16, 2000

B2B E-marketplace Technology Enables Golf Course Operators to Order Without Going On-line

Consolidated Commerce, a leading provider of business-to-business electronic marketplace technology, today announced that it has signed a joint development agreement with IBS, the market-leading supplier of golf course point-of-sales (POS) systems.

Under the agreement, IBS will integrate CC's Vendor Managed Inventory product (CC VMI) (patent pending) with IBS's POS system, enabling golf course pro-shops to automatically re-order products over a CC eMarketplace, without having to log on to the internet and place orders through a web browser. The companies have already begun implementing this technology for the NGCOA's Smart Buy Network ( http://www.ngcoa.org/ ), an electronic marketplace serving over 2400 golf course owners and operators. &uot;By tightening the link to the IBS point-of-sale system, CC has conquered one of the biggest challenges facing electronic marketplaces -driving purchasing volume,&uot; said Michael Soenen, president and CEO of Consolidated Commerce.

Consolidated Commerce's eMarketplace technology is an internet platform designed for companies that seek to create electronic marketplaces that link multiple buyers and multiple vendors into vertical trading communities. CC's technology enables trading partners to purchase, fulfill orders, ship, invoice and manage all parameters of the trading network, including payment terms, rebate levels, and margins. CC's 100 percent thin-client system can be deployed within 75 days to give e-marketplace companies a first mover advantage.

Consolidated Commerce's vendor managed inventory technology (CC VMI) is the first of its kind and enables customers to establish auto-replenishment with all suppliers in an electronic marketplace. With CC VMI each time product is scanned at the checkout or from the local warehouse, the system checks if the inventory minimum is reached for that product. If so, the CC VMI module automatically places a replenishment order across the e-marketplace platform to the appropriate supplier(s). CC VMI is a newly introduced add-on module to the base CC eMarketplace platform.

Golf course ownership group, Meadowbrook Golf which represents 60 golf courses, will initially pilot the CC VMI technology on the NGCOA's Smart Buy Network ( http://www.ngcoa.org/ ). Meadowbrook, which provides management and maintenance services to its courses has been a leader in promoting e-commerce among its golf course ownership.

&uot;Many golf courses do not use the internet regularly, and it's difficult to convert them to web-based purchasing,&uot; said Anthony Strange, president of IBS. &uot;Our clients can continue to benefit from the use of our POS systems and now seamlessly integrate with the Smart Buy e-marketplace.&uot;

&uot;We are excited to have a partner like IBS that sees the future of how today's business systems can interact with emerging electronic marketplaces,&uot; said Soenen.

Consolidated Commerce

Consolidated Commerce ( http://www.consolidatedcommerce.com/ ) provides major supply chain efficiencies to companies in fragmented industries, through its electronic marketplace technology. Consolidated Commerce's internet platform is used by companies seeking to create business-to-business electronic marketplaces that facilitate purchasing, fulfillment and advanced logistics between multiple buyers and suppliers in a vertical industry. CC's system provides cost savings that go beyond the incremental efficiencies of simple e-procurement to create more value for all members of the supply chain-manufacturers, distributors and net market makers.

Consolidated Commerce is located outside Chicago, in Des Plaines, Ill. Contact the company at 847-699-3445 or e-mail inquiries to [e-mail].

IBS

IBS is a leading supplier of management software to the club industry. Since its inception in 1992, IBS has grown to a client list of over 540 clubs throughout the U.S. and Canada. Clubs have chosen IBS programs based on the fact that all are IBS written (no 3rd parties); IBS software modules are fully integrated; yearly module upgrades are provided; and IBS delivers on its promises.

IBS' complete line of club software products include Retail Point of Sale, F&, Tee Times, Inventory Control, Membership, Purchase Orders, and custom reporting modules. IBS provides hardware and installation services and offers exceptional 24/7 support services for its installations.

IBS is located in Richmond, Virginia. Contact the company at 804-754-3200 or e-mail inquiries to [e-mail].

SOURCE: DigitalWork ( http://www.digitalwork.com )

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