SOURCE: TradeCard

TradeCard

May 25, 2011 11:01 ET

TradeCard Named to 2011 Supply & Demand Chain Executive 100

Physical and Financial Supply Chain Services Delivered on a Cloud-Based Network Enable Extended Visibility to Reduce Costs and Risk

NEW YORK, NY--(Marketwire - May 25, 2011) - TradeCard, Inc., the supply chain collaboration platform used by more than 7,800 retailers, brands, manufacturers and service providers, has been selected to the 2011 Supply & Demand Chain Executive 100. The TradeCard Platform connects multiple supply chain parties and enables collaboration on a single instance of data for true visibility into the movement of payments and products.

"It's more important than ever for supply chains to be demand-driven in today's volatile trade environment," said Kurt Cavano, CEO of TradeCard, Inc. "The TradeCard Platform delivers a social media model to the supply chain where all parties have visibility into one accurate view of transactions. When all parties have visibility into the movement of capital and goods, supply chains can work smarter to align supply and demand resulting in fewer delays, lower costs and more profitability for all parties involved."

The 2011 Supply & Demand Chain Executive 100 are supply chain solution and service providers that are assisting their customers and clients achieve supply chain excellence and prepare their supply chains for the post-recessionary return to growth.

TradeCard serviced users in 68 countries in 2010 to help them achieve supply chain excellence and facilitate growth during the economic rebound. Transaction volume on the TradeCard Platform increased 87% in 2010 compared to 2009.

TradeCard brings together multiple parties and provides a single version of the truth. Document and workflow efficiencies achieved through use of the TradeCard Platform allow trading partners within a supply network to benefit from time and cost savings. Financial services offered by third party financial institutions through the TradeCard Platform lower trade financing costs and reduce credit related risks for suppliers. The combination of TradeCard's hosted technology platform along with its global support network provides trading partners with a low cost environment to transact. TradeCard's global network helps customers respond quickly to fast-changing economic conditions.

About TradeCard, Inc.
TradeCard, Inc. is a leading supply chain collaboration platform that improves margin, cash flow and visibility for over 7,800 buyers, sellers and service providers in 60+ countries. TradeCard delivers a cloud-based network that facilitates complex multi-enterprise sourcing transactions across multiple layers of the supply chain. More than 38,000 individual users leverage the TradeCard Platform to streamline transaction flow from purchase order through production tracking, shipment and payment. Financial services offered by third party financial institutions on the Platform reduce trade financing costs and mitigate credit risk for suppliers. Multi-enterprise collaboration on the Platform delivers visibility into the movement of goods from raw materials to the store shelf. TradeCard's on-the-ground trade experts throughout the world allow entire supply networks to rapidly join the platform.

The world's leading retailers and brands leverage TradeCard's platform and member network for sourcing and global trade, including Levi Strauss & Co., Columbia Sportswear, Guess and Rite Aid. TradeCard, Inc. is headquartered in New York City with offices in San Francisco, Hong Kong, Brussels, Taipei, Seoul, Colombo, and Shenzhen. TradeCard is located online at www.tradecard.com.

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