While summary data may have sufficed in the past, our customers have told us that they need to be able to provide their key trading partners with the necessary tools and information to conduct their own root cause analysis.
Sugar Land, Texas (PRWEB) October 25, 2014
Compliance Networks, the leading provider of vendor performance optimization solutions, today announced Passport, an on-line portal solution which enables retailers and vendors to exchange key vendor performance metrics and information.
As retailers search for opportunities to cut costs, better utilize their resources and shrink their complex supply chains, the need for greater actionable information will continue to grow. Passport provides retailers the ability to provide their trading partners with key metrics including source data to resolve supply chain challenges. The result is more actionable information to their vendor base on a consistent basis, enabling greater collaboration and ongoing supply chain performance improvement.
“Passport is the natural evolution of our vendor portals we have offered in the past” commented Greg Holder, CEO and Founder of Compliance Networks. Holder went on to add, “While summary data may have sufficed in the past, our customers have told us that they need to be able to provide their key trading partners with the necessary tools and information to conduct their own root cause analysis when it comes to solving supply chain challenges. Passport does just that, putting source data on a near-real-time basis at the fingertips of the people who can affect change most, their trading partners."
Passport will be introduced at the upcoming Annual Fall RVCF conference to be held November 2-5 at the JW Marriott Scottsdale Camelback Inn Resort & Spa. Presentations of the solution will be available at the Compliance Networks booth 6. “We have received a lot of interest in the solution and we expect that to grow,” commented Kevin Harris, Director of Marketing for Compliance Networks. Harris went on to add, “The speed of retail requires that all trading partners receive the same information, and the information needs to be accurate, comprehensive, and as close to real-time as possible. We look forward to demonstrating these capabilities at the Retail Value Chain Federation conference.”
For more information on Passport or to schedule a presentation at the Annual RVCF Fall Conference please contact us at info(at)compliancenetworks(dot)com.
Compliance Networks is the leading provider of vendor performance and supply chain visibility solutions for retail trading partners. Compliance Networks’ solutions enable retailers and suppliers to optimize merchandise flow within their extended supply chain operations resulting in increased customer satisfaction, profitability and shareholder value. We are proud to serve leading organizations such as such as Kohl's, Burlington Stores, Pep Boys, Stein Mart, Sports Authority, Bon-Ton Stores, Pacific Sunwear, Tractor Supply Company and others. For more information please contact us at info(at)compliancenetworks(dot)com.