The new product will enable buyers and suppliers to access extended supply chain services and utilize one central set of data for sourcing and supply chain finance processes. The strategic collaboration provides a unique offering of technology packaged with in-country and in-language support, rapid factory deployment, and complete supply chain visibility.
“TradeCard excels in building, delivering and running hosted applications for sourcing and financial settlement,” said Kim P. Macaulay, vice president, Product Management & Strategic Business Development for Avery Dennison.
“The partnership combines two best-of-breed providers for end-to-end visibility into the flow of product and payment throughout the supply chain to enhance supply chain execution and control all the way down to the factory floor. Customers will receive a feature-rich system with improved functionality for supply chain execution management, and the opportunity to expand their capabilities to include financial services available on the TradeCard Platform.”
The strategic collaboration creates a combined customer base of more than 6,000 retail, apparel, footwear and consumer goods companies.
Avery Dennison Corporation