InterTrade becomes the second largest catalogue service provider for apparel and footwear in North America
MONTREAL, June 7 /PRNewswire/ - InterTrade announced today that it has completed the acquisition of all GXS Active Catalog assets. InterTrade Systems, a privately held company, delivers industry-leading B2B supply chain integration services. Financial terms of the transaction were not disclosed. The acquisition strengthens InterTrade's position in the product data synchronization market for apparel, footwear and general merchandise in North America. It also solidifies InterTrade's presence in the B2B market as a full product suite provider of integrated solutions to retailers and vendors looking to automate their trading partner relationships.
This acquisition is consistent with InterTrade's strategy to further increase, organically and by acquisition, its standing as a leading provider of product data synchronization for both public (GDSN) and private catalogue support in the North American market. InterTrade will continue to enhance its catalogue applications with new functionalities to provide maximum flexibility and increased value to retailers and vendors.
The integration of Active Catalog with InterTrade's own ecCatalogue offering brings together a solution managing more than 85 million items accessed by a network of well-known retailers such as Neiman Marcus, Kohl's, AAFES, JC Penney, Dick's Sporting Goods, Dillards, and many others. Those leading retailers rely on product data synchronization as a way to generate business benefits ranging from the reduction of out of stock items and lost sales to making sure they have the right products on the shelves.
"Active Catalog represents a stepping stone for InterTrade as we strengthen our leadership position in Supply Chain automation", said Richard Brossoit, CEO of InterTrade Systems. "We can now leverage our Catalog platform and our other B2B service offerings to offer better functionality and business benefits to our customer base", he said.
Last October, InterTrade had announced the acquisition of the EDGE family of products, a deployed document automation software solution for the SME market. InterTrade is well-known for its B2B/ EDI solutions and delivery expertise that allow corporations to facilitate their supply chain integration process and even delegate the execution of entire integration projects.
With InterTrade, you can better comprehend your supply chain information and profit from faster bottom-line benefits and more informed decision making.
InterTrade offers innovative electronic commerce solutions based on a SaaS model that allow its more than 3,000 current clients to manage automated B2B / EDI interactions and product data synchronization within their trading communities. Since 1996, InterTrade solutions have been making inter-enterprise collaboration and supply chain optimization easier and more cost effective.
SOURCE InterTrade Systems inc.