VIC is a top line and bottom line solution for Matco and its suppliers, enabling both increased revenue opportunities and process cost savings
Des Moines, IA (Vocus/PRWEB) March 09, 2011
A major market leader in the tools & equipment aftermarket is taking a new cloud-based solution to market. Matco Tools, a manufacturer and distributor of professional automotive equipment, is implementing the Virtual Inventory Cloud (VIC) solution from GCommerce, which is built on the Microsoft Azure platform.
“Special Orders continue to increase due to the continuous expansion of part numbers, and the industry cannot afford to continue throwing people at a broken process,” said Steve Smith, President & CEO of GCommerce. “Our partnership with Matco Tools will lead to further improvements in VIC for the entire automotive aftermarket industry and others like it.”
VIC™ enables automation of the special/drop-ship ordering process between distributors/retailers and manufacturers/suppliers, allowing both parties to capture sales opportunities and streamline a slow manual process. GCommerce has emerged as the leading provider of a B2B solution for the automotive aftermarket by providing Software as a Service (SaaS) using elements of cloud-based technologies to automate procurement and purchasing for national retailers, wholesalers, program groups and their suppliers.
Windows Azure and Microsoft SQL Azure enable VIC to be a more efficient trading system capable of handling tens of millions of transactions per month for automotive part suppliers. GCommerce’s VIC implementation with support from Microsoft allows suppliers to create a large-scale virtual data warehouse that eliminates manual processes and leverages a technology-based automation system that empowers people. This platform is designed to work with existing special order solutions and technologies, and has potential to transform distribution supply chain transactions and management across numerous industries.
“VIC is a top line and bottom line solution for Matco and its suppliers, enabling both increased revenue opportunities and process cost savings. It’s all about speed and access to information,” said Mike Smith, VP Materials, Engineering and Quality of Matco Tools. “There is a growing concern around drop-ship special orders, which is why we are approaching the issue with a solution that fits the industry at large, as well as Matco individually.”
Currently, it can be time-consuming and inefficient for retailers and distributors when tracking down a product for a customer. With VIC, information required to quote a special order can be captured in seconds vs. the minutes, hours, and sometimes days delay of decentralized manual methods.
GCommerce, founded in 2000, is a leading provider of Software-as-a-Service (SaaS) technology solutions designed to streamline distribution supply chain operations. Their connectivity solutions facilitate real-time, effective information sharing between incompatible business systems and technologies, enabling firms to improve revenue, operational efficiencies, and profitability. For more information, contact GCommerce at (515) 288-5850 or info(at)gcommerceinc(dot)com.
About Matco Tools
Matco Tools is a manufacturer and distributor of quality professional automotive equipment, tools and toolboxes. Its product line now numbers more than 13,000 items. Matco also guarantees and services the equipment it sells. Matco Tools is a subsidiary of Danaher Corporation, a Fortune 500 company and key player in several industries, including tools, environmental and industrial process and control markets.