Garmentrade and Fashionchain Form Alliance to Deliver Real-Time, Web-based Production Calendaring and Order Tracking.Business Editors/Internet Writers ATLANTA--(BUSINESS WIRE)--Dec. 13, 2000 Garmentrade Corp. and Essentus Inc.'s Fashionchain division have announced an alliance under which the two companies will co-market product and services to their customer base. Under the agreement, Garmentrade will utilize Fashionchain's Sourcing Server(TM) as the engine to enable Garmentrade customers to track complex pre-production and production processes as well as sourcing operations on the Web. This alliance illustrates how apparel industry innovators innovators people who will try new things. early innovators important figures in the farming or client community because they are the leaders in the introduction of new techniques and management systems. increasingly are using the Internet Internet Publicly accessible computer network connecting many smaller networks from around the world. It grew out of a U.S. Defense Department program called ARPANET (Advanced Research Projects Agency Network), established in 1969 with connections between computers at the to exercise greater control over every aspect of their businesses. The announcement was made today by Florent Saint-Clair, 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. of Garmentrade, and Michael Wybo, senior vice president and managing director of Fashionchain. Garmentrade is a leading provider of Web-based sourcing solutions to conduct and manage the procurement The fancy word for "purchasing." The procurement department within an organization manages all the major purchases. of fabric and trims for the apparel industry. Fashionchain is the preeminent pre·em·i·nent or pre-em·i·nent adj. Superior to or notable above all others; outstanding. See Synonyms at dominant, noted. [Middle English, from Latin prae provider of Web-based supply chain management products and services for softgoods manufacturers, distributors, retailers and importers worldwide. "Garmentrade's alliance with Fashionchain enables us to offer a true end-to-end solution (jargon) end-to-end solution - (E2ES) A term that suggests that the supplier of an application program or system will provide all the hardware and/or software components and resouces to meet the customer's requirement and no other supplier need be involved. Compare: turn-key solution. for our customers," said Saint-Clair. "Trading partners who are members of the Garmentrade system can now -- through our interface with Fashionchain -- extend the benefits of online supply chain collaboration and business tracking into their retail activities. At the same time, Garmentrade can continue to focus energies on our core business of facilitating the selling of fabric worldwide." "Fashionchain's supply chain management and automated au·to·mate v. au·to·mat·ed, au·to·mat·ing, au·to·mates v.tr. 1. To convert to automatic operation: automate a factory. 2. calendaring applications replace the softgoods industry's traditional, labor- and time-intensive production tracking tools," noted Fashionchain's Wybo. "Garmentrade's platform coupled with Fashionchain's Sourcing Server(TM) allows users to efficiently manage and monitor activities -- locally or globally -- throughout their supply chain delivering unprecedented speed to market, precision and cost savings." Garmentrade Corp. (www.garmentrade.com) is a global, Web-based, e-commerce e-commerce, commerce conducted over the Internet, most often via the World Wide Web. E-commerce can apply to purchases made through the Web or to business-to-business activities such as inventory transfers. and collaboration solution for the apparel and textile industry. The site provides tools to assist manufacturers, fabric and trim suppliers better manage their business activities, streamline communications and open up an online marketplace for textiles, trims and services. Fashionchain (www.fashionchain.com), the e-commerce division of Essentus, Inc., offers a suite of Web-based products and services that enable softgoods manufacturers and retailers to collaborate with customers and suppliers in real-time for unprecedented speed to market, precision and cost savings. Sourcing Server(TM) affords clients a real-time view through the various stages of procurement and production and provides transparency (1) The quality of being able to see through a material. The terms transparency and translucency are often used synonymously; however, transparent would technically mean "seeing through clear glass," while translucent would mean "seeing through frosted glass." See alpha blending. and automated calendar functions at every step of the supply chain. |
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