SOURCE: ecVision, Inc

December 22, 2008 09:30 ET

ecVision® Continues to Grow in Product Offerings, Customer Base and Profitability

Private Label Retailers and Brands Benefit From Product Knowledge and Supply Chain Management Tools

ISELIN, NJ--(Marketwire - December 22, 2008) - Ten years ago, ecVision started out as an EDI provider with roots in Hong Kong and China. Today it has grown into a full product lifecycle and supply chain software provider, primarily serving the apparel and footwear industry, which is connecting thousands of retailers and trading partners around the world. From its US office in New Jersey, ecVision has engaged some of the biggest retailers and brand owners in the industry including Timberland, New Balance, JCPenney, Abercrombie & Fitch and Phillips Van-Heusen.

Maintaining Strong Financial Health to Support the User Community

CXOs looking at solutions like ecVision should take note of its remarkable 5-year history of profitability as a testimony of its sustainable business model delivering valuable services to its customers, unlike those companies with a "growth at all costs" strategy that may lead to a collapse in any downturn.

ecVision's proven ability to deliver higher rewards to its customers by providing a rapid implementation of its solution, while still controlling costs for development and professional services, has been the catalyst for this long term success. "Profitability is important to sustain the company and continue our research & development efforts that eventually support our user community with enhanced product functionality and features," said CEO Thomas Ng. "In a challenging economy when most retailers are insisting that technology investments deliver ROI back to the organization quickly, we can point to the solution's capacity to improve productivity by 20% to 50%, reduce costs across all spend types, provide a system from strong supplier collaboration and visibility, and minimize risk by capturing actionable information and managing the supplier network."

Technology Growth

Year after year, ecVision has added new product offerings that continue to attract retailers and brand owners as an integral part of their private label sourcing and supply chain management processes. ecVision's flagship product, XpressCommerce®, is a web-based solution that connects retailers to their supplier network, and delivers the key functions of product lifecycle management (PLM) and supply chain execution (SCE) systems in a single solution. The key functionality in the system enables retailers to manage capacity and raw material reservations, global sourcing and costing negotiations, customer and purchase orders, track production and shipment milestones. The framework supporting this functionality includes strong collaboration, reporting and visibility tools to provide management teams with the ability to make proactive decisions about their product lifecycle and supply chain operation.

With XpressCommerce, retailers are able to be more flexible with changing consumer trends, increase margins, improve productivity of their global supply network, and quickly deliver quality items to their customers. In a 2008 Gartner Group report, ecVision was noted as a valuable software provider with agility, flexibility and commitment to the retail landscape.

The Customer is Number One

Last year, BonTon Stores named ecVision "Exceptional Service Provider of 2007" citing ecVision's proven partnership while improving global sourcing and supply chain operations for the leading retailer. It was ranked in Apparel magazine's Top 50 Software Scorecard survey as a "Break-out Leader" in Supply Chain Management and Sourcing, garnering superior scores in areas such as Overall Customer Satisfaction, Apparel Market Knowledge, ROI and User Buy-In/User Friendliness. ecVision's customer-centric product focus and its drive to please the user base are evidenced by its profitability and expansion. Customer retention remains at 100% and in a recent poll, over 87% of its customers plan to add more functionality to their installations in 2009.

2008 and Beyond

This year alone, ecVision has shown its place in the PLM/SCM space with new customer acquisitions bringing online hundreds of new users. Two major product releases have added business and infrastructure functionality that enhances the reporting capabilities and framework infrastructure for system efficiency and ease-of-use. Additionally, it developed and launched an open source framework platform that enables development teams in any industry to quickly build and deploy Web applications with pre-built UI functionality for collaboration and visibility features.

In the coming year, ecVision will add functionality (new process modules including factory compliance audit and goods inspection), usability (user interface widgets and mobile extensions for wireless systems adapted from XpressRoad's development initiatives) and configurability (UI design and improved configurability tools).

About ecVision:

For 10 years, ecVision has provided web-based solutions that connect retailers to their supplier network, and delivers the key functions of product lifecycle management (PLM) and supply chain execution (SCE) systems in a single solution. With XpressCommerce®, retailers are able to be more flexible with changing consumer trends, increase margins, improve productivity of their global supply network, and quickly deliver quality items to their customers.

Industry-leading companies; including Phillips-Van Heusen, New Balance, JCPenney, Abercrombie & Fitch, BonTon, Timberland and others; use ecVision's award-winning software to transform their supply network collaboration and visibility. Headquartered in New Jersey, ecVision has offices in Hong Kong and China, in addition to a partner network in 15 countries providing local support. Since 1998, ecVision has connected suppliers and vendors from all around the world.

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