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TradeCard Founder Kurt Cavano Named 2012 Supply Chain Pro to KnowSupply Chain in the Cloud Vision Established 12 Years Ago Has Reshaped Business for More Than 10,000 Organizations on the TradeCard Platform (April 17, 2012)
NEW YORK, NY -- (Marketwire) -- 04/17/12 -- TradeCard, Inc., the supply chain collaboration and global trade platform used by more than 10,000 retailers, brands, manufacturers and service providers, announced today that Founder, Chairman and Chief Strategy Officer Kurt Cavano has been honored with the 2012 Pros to Know Award by Supply & Demand Chain Executive Magazine. Cavano is the visionary behind TradeCard's supply chain in the cloud platform that today serves more than 45,000 users in 78 countries, responsible for sourcing volume valued at over $20 billion annually.
Companies such as Levi Strauss & Co., Guess and Columbia Sportswear connect with trading partners on TradeCard to better match supply with consumer demand through enhanced supply chain visibility and responsiveness.
"When you allow all supply chain parties -- from brands, retailers, suppliers, factories and raw materials providers to financial institutions, logistics providers and customs brokers -- to collaborate and transact in one place, the entire network can become fully orchestrated and reach a new, much higher level of efficiency," said Cavano. "We've found this social media model for the supply chain shrinks lead times, minimizes stock-outs, reduces markdowns and boosts overall margins. The more parties you can plug into your supply chain system of record, the better everyone performs."
The Pros to Know Awards recognize supply chain executives at manufacturing and non-manufacturing enterprises who are leading initiatives to help prepare their companies' supply chains for the significant challenges of today's business climate.
A Fast Growing Supply Chain Network in the Cloud
Retailers, brands and their trading partners continue to join the TradeCard Platform. More than 2,000 organizations joined the TradeCard Platform in 2011, driving a 36 percent growth in revenues.
- 10,000 organizations transact on TradeCard today.
- Purchase order volume in 2011 increased 37% from 2010.
- More than 4,600 factories and suppliers use TradeCard's Factory Xpress product to enable shipment strategies such as direct shipments and mark-for-store goods.
- More than 25 financial institutions offer financial services through TradeCard.
About TradeCard, Inc.
TradeCard, Inc. transforms global supply chain collaboration by boosting visibility, cash flow and margins for over 10,000 brands, retailers, suppliers and service providers in over 78 countries. TradeCard delivers a cloud-based network that enables complex, multi-enterprise sourcing transactions across multiple layers of the supply chain. More than 45,000 individual users leverage the TradeCard Platform to streamline transaction flows, from purchase order through production tracking, shipment and payment. Embedded financial services throughout the supply network reduce capital costs and minimize risk. 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 around the world allow entire supply networks to rapidly join and drive value through the platform.
The world's leading retailers and brands, including Levi Strauss & Co., Columbia Sportswear, Guess and Rite Aid, leverage the TradeCard Platform and its member network for sourcing and global trade. TradeCard, Inc. is headquartered in New York City, with offices in San Francisco, Amsterdam, Hong Kong, Shenzhen, Taipei, Seoul and Colombo. TradeCard is located online at www.tradecard.com.
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