Agreement to offer extensive supply chain solutions to optimize and simplify supply chain management
Traverse Systems announced a partnership with InterTrade, a solution from mdf commerce inc. that enables businesses to quickly connect to their trading partner communities, easily exchange electronic documents (EDI) and synchronize product information. Through the partnership, Traverse and InterTrade will offer a comprehensive set of solutions that simplify, optimize and improve supply chain management enabling both companies to expand their market reach, reaching new industries.
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“We partnered with Traverse Systems because we know our clients need these types of solutions, now more than ever,” said Andreanne Simon, President of Supply Chain at mdf commerce. “Through our combined offerings, supply chain professionals gain supply chain-wide visibility and tools that strengthen retailer-vendor relationships and provide opportunities for growth and competitive advantages.”
Global supply chains are becoming increasingly complex, and retailers continue to increase the number of vendors that they work with. In a 2019 survey, 84% of chief supply chain officers cited lack of supply chain visibility as their biggest business challenge. Lack of visibility contributes to inefficiencies that eat into profit and customer satisfaction.
“Facing today’s supply chain challenges, companies across industries are looking for solutions that help them increase efficiency and make the most of supplier relationships,” said Greg Holder, CEO of Traverse Systems. “Achieving faster speed-to-shelf and edging out the competition are some of the key strategies that will enable businesses to thrive despite trying times. We’re pleased to be partnering with InterTrade to bring supply chain professionals a set of solutions that will increase profitability and deliver an ongoing return on investment.”
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