Business-to-business e-commerce solutions provider SPS Commerce signed a deal with Kmart
Corp. to electronically automate transaction processing throughout the
retailer’s entire supply chain of 5,500 trading partners.
Kmart is the third largest retailer in the
U.S., with more than 2,100 stores nationwide. The value of the contract was
not disclosed.
The company said that rapid expansion and high volume sales have created the
need for 100 percent electronic transactions with all of its vendor trading
partners to save money, improve efficiency and better manage inventory.
Kmart joins Sears Roebuck and Dayton Hudson Target Stores among retailers
employing the services of SPS Commerce.
SPS said its Commerce Trading Partner Enablement Program works with each
individual vendor’s capabilities and resources to achieve compliance with a
merchant.
This method allows each vendor the freedom to retain their current
business processes, while enabling them to trade electronically via any of
the Trading Partner Enablement program’s options, including WEB EC,
application conversion and manual conversion.
“SPS Commerce has a long history with, and intimate knowledge of the retail
industry,” said Steve Waldron, president and CEO of SPS Commerce.
“We
understand that one of Kmart’s strategic advantages is its ability to
streamline and better manage its supply chain.”
