Compliance Networks Releases New Version of Leading Retail Compliance Management Solution

New version of best-in-class Vendor Compliance Optimization solution offers additional supply chain accountability, visibility, and predictability benefits for retail enterprises.

Sugar Land, TX (PRWEB) May 29, 2006 -- Compliance Networks, LLC, the nation’s leading provider of vendor compliance optimization solutions, has released version 4.0 of the Retail Compliance Management Solution (rCMS). The new version of rCMS offers enhancements to the powerful supply chain reporting tools and a new on-line analysis function that enables users to easily filter, group, and sort supply chain data.

According to Greg Holder, President and CEO of Compliance Networks, ”rCMS has been the leading vendor compliance optimization tool since its release, and we are excited about the enhancements the new version offers for supply chain accountability, visibility, and predictability. We have already received very positive feedback from our retail clients about the benefits of the new rCMS reporting and analysis tools.”

rCMS benefits all supply chain stakeholders, including vendors (suppliers), because it ensures that vendors receive accurate and timely information about their performance relative to retailers’ expectations. This enables vendors to quickly correct in-process shipments, and shorten the cycle time from their shipping docks to the retailers' selling floor.

The retail Compliance Management Solution has saved Compliance Networks’s retail clients nearly $100 million in measurable, bottom line profits since it was introduced four years ago. In addition, rCMS has enabled these retailers to reduce supply chain cycle times, improve merchandise flow through the supply chain and provide unparalleled visibility into complete supply chain activities.

About Compliance Networks, LLC

Compliance Networks is a leading provider of solutions that enable retail enterprises to optimize flow within their supply chain, and make informed supply chain decisions that ultimately increase shareholder value. Compliance Networks’ suite of retail-centric distribution management solutions enables greater supply chain efficiencies by automating key processes, including vendor compliance and collaboration, vendor scorecards and certification, chargeback management, purchase order fill rate and accuracy measurement, and supply chain alerts. Compliance Networks is proud to serve leading retailers such as Burlington Coat Factory, Pep Boys and the Kohl's Corporation.

###