SOURCE: TradeCard

TradeCard

December 17, 2009 11:30 ET

"What's Going Right in Retail" Report Recognizes TradeCard

Readers of Integrated Solutions for Retailers Magazine and Retail Solutions Online Identify TradeCard Platform as a Best Investment for 2010

NEW YORK, NY--(Marketwire - December 17, 2009) - TradeCard, Inc., the supply chain collaboration platform of choice for more than 5,000 retailers, brands, suppliers and service providers, has been named one of retail's best investments in a report issued this month by Integrated Solutions for Retailers Magazine and Retail Solutions Online. TradeCard is featured in the report's list of "Best Investments and Vendors You Need To Know for 2010" for its supply chain collaboration platform that delivers sourcing, logistics and supply chain finance services to trading partners in more than 60 countries. TradeCard is recognized in the report in the category of Private Label Solution Providers.

"Retailers have faced challenging conditions in 2009 and they've turned to smarter, leaner supply chain strategies to reduce costs and improve margins," said Kurt Cavano, CEO of TradeCard, Inc. "Private labels, direct sourcing and other innovative shipment programs are great ways to reduce costs and maintain supply chain flexibility, however collaboration with suppliers is vital to the success of these initiatives. TradeCard customers find that our platform is a great way to facilitate collaborative programs in an automated online environment to improve margins, ensure supply chain control and reduce unexpected costs and delays."

Automated documents and workflows through TradeCard enable retailers and brands to deploy supply chain finance programs that assure suppliers are adequately funded.

The special report is based on a web-based survey of Integrated Solutions for Retailers subscribers conducted from August through September. The report was developed to provide retail executives a guide of the best investments for 2010 based on the knowledge and experience of their peers.

TradeCard's services and global trading partners are delivered on a software-as-a-service platform. Financial services available on the TradeCard Platform help companies of all sizes to better compete by improving margin and cash flow. TradeCard's global support team is present in 60 countries and 32 languages to enable rapid deployment in as little as 90 days.

About TradeCard, Inc.

TradeCard, Inc. is the leading provider of on-demand supply chain management solutions. The TradeCard Platform synchronizes financial transactions with physical events in the global supply chain to help customers automate trade transactions from purchase order to payment and chargebacks. Buyers, suppliers and their trading partners manage transactions through a web-based platform with online financial services integrated into the workflow. This turnkey transaction management enables customers to improve margins and enhance growth, with extra-organizational supply chain visibility. TradeCard's on-the-ground trade experts throughout the world assure superior supply chain agility.

TradeCard manages global trade for thousands of users in over 60 countries, including Columbia Sportswear, Rite Aid and Wolverine Worldwide. TradeCard Inc. is headquartered in New York City and has offices in San Francisco, Hong Kong, Brussels, Taipei, Seoul, Colombo, and Shenzhen. TradeCard is located online at www.tradecard.com.

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