Do it Best Corp. Improves Retail Sales with Sterling Commerce Solutions.Sterling Supply Chain Visibility Enables Hardware Cooperative to Maximize its Supplier Partnerships to Enable Members to Increase Revenues COLUMBUS, Ohio Columbus is the capital and the largest city of the American state of Ohio. Named for explorer Christopher Columbus, the city was founded in 1812 at the confluence of the Scioto and Olentangy rivers, and assumed the functions of state capital in 1816. -- Sterling Commerce, a subsidiary of AT&T Inc. (NYSE NYSE See: New York Stock Exchange :T), today announced that Do it Best Corp., a world-class, full-line, member-owned distributor of hardware, lumber and building materials Building materials used in the construction industry to create . These categories of materials and products are used by and construction project managers to specify the materials and methods used for . , has purchased the Sterling Supply Chain Visibility solution. Sterling Supply Chain Visibility will enable Do it Best Corp. to better collaborate and partner with its suppliers. Through improved insight into and performance from its suppliers and trucking fleet, Do it Best Corp. expects to: * Improve service to members through better fill rates and better utilization of inventory assets; * Lower inventory investment through reduced safety-stock levels; and * Improve inbound transportation efficiency by monitoring on-time shipments and fill rates against order receipts. With more than 4,100 member-owned stores in 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. and across 45 other countries, Do it Best Corp. leverages its buying power Buying Power The money an investor has available to buy securities. In a margin account, the buying power is the total cash held in the brokerage account plus maximum margin available. Also referred to as "Excess Equity. to enable members to get retail products at competitive prices. The company uses technology to help optimize its supply chain operations to deliver added value Added value in financial analysis of shares is to be distinguished from value added. Used as a measure of shareholder value, calculated using the formula:
* Real-time visibility with suppliers and supply trading partners to increase data visibility and provide reconciliation capabilities; * Exception management across the Do it Best Corp. supply chain for its internal business units (members) and vendors to improve inventory allocation and reduce operational costs; and * Business process management to reduce manual processes after an electronic receipt of information. "Do it Best Corp. has a long-standing history of strength and stability interlinked with industry-leading efficiency," said Kay Williams, vice president of Information Technology at Do it Best Corp. "We are creating an agile information technology infrastructure that can adapt to change and leverage efficiencies and Sterling Supply Chain Visibility plays an important role in that infrastructure. Its ability to help us, our members, and our suppliers get on the same page regarding supplier performance for fulfillment and shipping of orders is paramount to our success." The real-time visibility and exception management capabilities of Sterling Supply Chain Visibility will enable Do it Best Corp. to improve the management and monitoring of inbound inventory, purchase orders and shipments. The Sterling Commerce solution also will enable the cooperative to implement supplier scorecarding best practices, including tracking vendor supply performance so expectations can be set, monitored and improved. To create a continuous improvement process, information on supplier scorecarding will be on a supplier extranet for members and vendors to view. Sterling Supply Chain Visibility will integrate with existing Sterling Commerce business-to-business (B2B (Business to Business) Refers to one business communicating with or selling to another. See B2B e-commerce, B2C and B2G. B2B - business to business ) communications solutions in place at Do it Best Corp. to further automate processes and improve supply chain visibility. Do it Best Corp. uses Sterling Collaboration Network to communicate with their suppliers; Gentran Integration Suite to translate electronic data interchange See EDI. (application, communications) electronic data interchange - (EDI) The exchange of standardised document forms between computer systems for business use. EDI is part of electronic commerce. (EDI (Electronic Data Interchange) The electronic communication of business transactions, such as orders, confirmations and invoices, between organizations. Third parties provide EDI services that enable organizations with different equipment to connect. ) traffic as well as the integration layer for internal legacy integration and as the cooperative's AS2 communications hub; and Connect:Enterprise for ASYNC ASYNC Asynchronous ASYNC International Symposium on Asynchronous Circuits and Systems and BiSYNC communication. About Do It Best Corp. Do it Best Corp. is the only full-service, U.S.-based, member-owned hardware, lumber and building materials buying cooperative in the home improvement industry. With annual sales of $3 billion in 2006, Do it Best Corp. is the second largest co-op in the industry, serving 4,100 member-retailers in the United States and in 45 foreign countries. About Sterling Commerce Sterling Commerce, a subsidiary of AT&T Inc. (NYSE:T), helps 80 percent of the FORTUNE[R] 500 thrive in a global economy by solving complex process integration challenges. The company's innovative software and services integrate customers' systems -- inside and outside the four walls of the enterprise -- so companies can conduct business without borders A number of NGOs have adopted the "Without Borders" tag, inspired by Doctors without Borders.
foodstuff, grocery - (usually plural) consumer goods sold by a grocer plural, plural form - the form of a word that is used to denote more than one , manufacturing, financial services, supply chain, logistics, and telecommunications. More information on Sterling Commerce can be found at www.sterlingcommerce.com. |
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