June 07, 2010 09:00 ET
Venda Launches Fulfillment PRO Logistics™ Solution to Eliminate Risk From Fulfillment Stage of eCommerce Lifecycle
Strategic Alliance Between Venda and Quiet Logistics Creates Solution That Delivers Any Product, Any Size, Any Mix, Anywhere, Anytime
NEW YORK, NY and ANDOVER, MA--(Marketwire - June 7, 2010) - Venda, the world's largest on-demand eCommerce provider, today introduced Venda Fulfillment Precision Robotic Optimization (PRO) logistics™ powered by Quiet Logistics. By joining the industry's two leading providers at the technology, marketing and business service levels, this new solution will allow both companies to drive new growth opportunities and will result in considerably reduced costs and complexity while improving speed and accuracy for customers.
Venda Fulfillment PRO Logistics, the industry's first robotic warehousing and fulfillment solution, leverages the same scalable onDemand model to deliver end-to-end eCommerce and fulfillment. This latest addition to the Venda eCommerce eCosystem, Fulfillment PRO takes the risk, guesswork, errors and costs out of this critical element of eCommerce success. Powered by Quiet Logistics, Venda Fulfillment PRO delivers the speed and accuracy of robotic fulfillment technology, previously available only to large firms, to any organization running the Venda Enterprise eCommerce platform. Fulfillment PRO also offers the F.A.S.T.™ Guarantee (Flexible, Accurate, Speedy and Trustworthy), ensuring orders are delivered on time and error-free.
With Venda Fulfillment PRO Technology organizations will be:
- Flexible: Customers will have the ability to track changes in product types, product velocities, order prioritization and other operational realities that is not possible with traditional sorting equipment.
- Accurate: Every item at each physical process point (receiving, put away, replenishment, picking, shipping and inventory audit) is verified by bar code scanning.
- Speedy: Simultaneous picking and replenishment can proceed at the same time with full productivity, allowing reduced days-on-hand of inventory.
- Trustworthy: The High Reliability of SaaS eCommerce and SaaS Fulfillment with parallel equipment and no single point of failure, the Venda F.A.S.T. system supports zero downtime in a 24/7 operation.
Both companies offer an industry-first, multi-tenanted platform designed to efficiently share and reduce costs across multiple customers while continuously and seamlessly adding new features and capabilities. The integrated service will be available in both the U.S. and in Europe, with local facilities and support.
"We are investing together in this new solution because the eCommerce industry is at an inflection point," said Greg Cronin, Vice Chairman and EVP of Quiet Logistics. "Together, Venda and Quiet Logistics are collaborating at a fundamental level in both integration and product development, allowing us to rapidly deliver high quality, reliable solutions that will enable our customers to realize increased economic benefits from our combined solution."
"Venda and Quiet Logistics have each led fundamental transformations in their own markets -- Venda's comprehensive platform and transparent pricing model with low initial and ongoing costs, and Quiet's use of automation in physical fulfillment reducing costs while increasing speed and accuracy," said Jeffrey Max, CEO of Venda, Inc. "By combining our unique strengths, Venda and Quiet will accelerate the delivery of the next generation eCommerce business offering -- providing our merchant-partners with a higher-quality consumer experience -- from a richly personalized shopping experience to timely and error-free fulfillment. These are the keys to increased revenue and shopper retention in the online channel. No other end-to-end eCommerce provider can match our collective offering."
Venda delivers on-demand eCommerce to some of the world's leading retailers and manufacturers, including Tesco, The Metropolitan Museum of Art, Superdrug, JVC, Urban Outfitters, Conde Nast and Jimmy Choo. The Company's complete eCommerce software and ecommerce solution combines flexibility, reliability and scalability with the operating advantages of an outsourced service. Multi-lingual and multi-currency capable, Venda's B2B and B2C solutions provide "best of the web" capabilities to Fortune 1000 companies. Venda allows customers to reduce the risk, complexity and cost associated with eCommerce, while empowering business users and delivering unprecedented ROI. With offices in New York, London and Bangkok, the Company is managed by a team of eCommerce veterans with many years of experience in online businesses.
About Quiet Logistics
Quiet Logistics is the first Fulfillment to Consumer (F2C) provider to deliver a complete outsourced solution that leverages the game-changing material handling robotics of Kiva Systems to some of the eCommerce industry's fastest growing etailers including The Gilt Groupe, Bonobos, Milly and The Mane Lion. Quiet Logistics "Consumer Driven Fulfillment (CDF)" services is an alignment of best-in-class operations experience and a fully integrated technology platform with a simplified business model which considerably improves distribution throughput, accuracy, scalability and flexibility at a lower cost.