SOURCE: TradeCard, Inc.

July 10, 2008 09:45 ET

DIM Brands Apparel Goes Live on TradeCard to Establish Agile Sourcing Organization

European Apparel Leader Deploys SourceView™ Visibility Suite From End-to-End to Enable Strategic Sourcing With Vendors

NEW YORK, NY--(Marketwire - July 10, 2008) - TradeCard, Inc., the leading provider of extended supply chain solutions, announced today that DIM Brands Apparel (DBA) has implemented TradeCard's SourceView™ visibility suite to inject flexibility into its supply chain sourcing capabilities and improve collaboration with suppliers. DBA designs, manufactures and distributes well-known intimate apparel lines and underwear, including DIM, Playtex, Wonderbra, Shock Absorber, Lovable and Chantal Thomass, primarily in Europe and selected emerging markets.

Visibility and control of product flow generated by SourceView enables DBA to shift to a lean business model that stimulates collaboration with suppliers and helps optimize global sourcing and supply chain finance.

"TradeCard provides supply chain enabling capabilities and automation," said Xavier Personnic, Program Manager, DIM Brands Apparel. "In addition, the TradeCard platform supports our multi-ERP environment."

"When we realized TradeCard has local presence in the countries we do business in, we recognized we would greatly reduce the expenses associated with development, supplier enablement and integration into our supply chain, and ongoing support," said Eliaz Poleg, CEO of DIM Brands Apparel. "We'll reduce the cost of global sourcing, enhance the control aspect of the process, respond faster to changes in the supply chain, and improve speed to market using TradeCard's SourceView Suite. Our strategic suppliers and brand-oriented supply chain organization will now be able to respond to the market as one virtual organization."

SourceView helps build strong trading partnerships by improving supply chain visibility and automating processes to ensure the right product arrives at the right place at the right time.

"As DBA expands its global sourcing, SourceView will ensure the same supply chain accuracy, visibility and control DBA experiences when manufacturing in-house," said Kurt Cavano, CEO of TradeCard, Inc. "SourceView will improve DBA's pre-order planning, event tracking and collaboration with suppliers as the company increases sourcing operations. DBA can automate work in progress tracking, enhance supplier enablement and extend supply chain visibility to eliminate unnecessary costs and delays."

TradeCard's SourceView suite supports purchase order management processes from issuance through chargebacks and enables customers to manage events and processes for vendor compliance, packing, labeling, shipment building, goods receipt reconciliation and deductions, to ensure orders are on time. TradeCard provides online access to a network of more than 3,500 trading partners around the world that is supported by local "feet on the street" in over 40 countries and 32 languages. TradeCard helps clients that range from $10 million to over $20 billion in revenue to eliminate waste and delay from the sourcing process. Financial services available on the TradeCard Platform help clients better compete by extending operational agility while improving margin and cash flow.

About TradeCard

TradeCard 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, sellers 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 40 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, Tokyo, Colombo, and Shenzhen. TradeCard is located online at www.tradecard.com

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