Gloucester, Mass., — Originally posted on March 3, 2015 —
Integrates partner technology to replace multiple legacy systems and spreadsheets with a single, central source for product quality and compliance.
TradeStone is a game-changing merchant experience for retailers, brands and suppliers that form some of the world’s largest trading communities. TradeStone’s Merchandise Lifecycle Management (MLM) platform encompasses product design, PLM, sourcing, supplier management, order management, finance, logistics, and B2B sales management.
Woolworths (WOW), with more than 3,200 stores across Australia and New Zealand, that span food, liquor, petrol, fashion, general merchandise, and home improvement, is rolling-out TradeStone as its Product Lifecycle Management System (PLMS) to facilitate, manage and standardize its end-to-end new product development process. Ultimately, the system will have over 20,000 users creating a world-class community on a single collaborative platform. Woolworths’ PLMS supports supplier management, factory compliance, product quality, local as well as international sourcing and costing.
“We are working collaboratively across all divisions within Woolworths to get to a single product development system,” said Carl Hargrave, Group Commercial Director. “We are excited about the efficiencies, ease-of-use and consistency that the TradeStone platform, with its integrated partner technology, will bring to Woolworths.”
“Increasingly, retailers must manage complex global supplier communities whilst simultaneously expanding product offerings and brand banners to achieve customer growth,” said Brian Marsden, President, TradeStone. “Woolworths has taken a world-class approach by enabling a single platform across all divisions and product categories and they are a leader when it comes to managing local and international sourcing.”
About TradeStone Software, Inc.
TradeStone’s Merchandise Lifecycle Management (MLM) platform brings together retailers, suppliers and B2B customers, unifying the processes to find, design, source, buy and sell both private label and branded goods. TradeStone customers include American Eagle Outfitters, Ascena Retail Group, Belk, Alliance Boots, Eddie Bauer, Family Dollar, Groupe Dynamite, Guitar Center, Kohl’s, Le Chateau, Lowes’s, Lululemon, Genuine Parts Company, MGF Sourcing, Shoprite, Urban Outfitters, Landmark Group and over 30,000 suppliers across the globe. TradeStone’s platform increases market share, improves margins and reduces brand and product risk across global trading communities.
TradeStone Software is headquartered in Gloucester, Mass., with offices in Atlanta, Boston, Bangalore, Hong Kong and London.