TradeStone receives 'Positive' rating in Gartner's MarketScope
16 Apr '08
3 min read
TradeStone Software, the retail industry's leading provider of private label and global sourcing solutions, announced the company received a “Positive” rating in Gartner's “MarketScope for PLM in Apparel, Footwear and Accessories, 2008.”1 TradeStone's Merchandise Lifecycle Management solutions were measured against 14 vendors in the PLM market in the report.
Gartner's “Positive” is building on TradeStone's current momentum, which includes having recently signed two new multi-million dollar deals, the first with one of the U.S.'s largest and most popular apparel and footwear retailers to the teen and young adult market, as well as one with Canada's largest food and drug retailer.
Both retailers selected the full Merchandise Lifecycle Management suite as an end-to-end solution that supports the design, coordination and delivery of their highly profitable and innovative merchandise to the sales floor.
“We believe these ratings are just a further testament to the strength and hunger in this market for our Merchandise Lifecycle Management solutions, the acknowledgement of our deep domain retail expertise, best in class methodologies, the vision of our team, and most importantly, the overwhelming support of our customers,” said Sue Welch, CEO, TradeStone Software.
TradeStone's Merchandise Lifecycle Management suite of solutions include PLM for Retail to help with the design and development of private label and branded merchandise; Global Sourcing to source, compare and select suppliers; Global Order Management to buy, sell and deliver merchandise; Quality Management to measure, test and grade merchandise and factories; and Supplier Management to manage the supplier/manufacturer relationship.