September 4, 2002
ITN EXPANDS E-BUSINESS PLATFORM OFFERING BY PROVIDING EDI BASED CONNECTIVITY
ITN is first food solution provider to support both Workflow Collaboration and EDI
Livermore, CA. September 4, 2002. iTradeNetwork (ITN), continues to expand their product offerings by announcing today they will provide EDI based connectivity. Retailers, Wholesalers, and Food Service Companies that are currently using EDI services can now easily route their EDI generated purchase orders directly to their suppliers via ITN. The value to the supplier community is enormous, providing a single interface that can accommodate either workflow collaboration or existing batch EDI transactions in a single electronic data management system (iTN). The retail, wholesale, and distributor community also benefits by instantly accessing over 1,700 suppliers that are currently using the iTradeNetwork e-business platform.
'This is truly a breakthrough for our industry. Previously shippers had to sign up with multiple data transfer providers, whereas now we have a single integration point and instead can focus our resources on other core related business. This adds efficiency and provides a higher level of customer service while reducing costs of operations,' said Tim Riley, Vice President of The Giumarra Companies.
'iTradeNetwork's platform has proven to add significant value in the food industry by providing workflow collaboration in price discovery, order management, change management, event notifications, logistics, and invoice reconciliation. However, for those customers wanting to use EDI, we are now optionally offering this capability with our existing platform. This capability does not add any additional cost, interfaces, or complexities to existing EDI infrastructure. It is simply rerouting the documents to ITN integration server via FTP, SFTP, AS1, AS2 or any other existing transport mechanism. iTradeNetwork will continue to pursue an open architecture approach and provide real value to our customers with connectivity to multiple sources,' said Robert Bonavito, CEO of iTradeNetwork.
About iTradeNetwork:
iTradeNetwork, is a privately held company that provides collaborative workflow solutions (Procurement, Logistics, Promotion, Demand Forecast, VMI, Financial Services and Content) for the food industry and low cost integration to customers legacy systems. iTradeNetwork's e-business solutions are being utilized by 38% of the U.S. Retail Grocery and Foodservice Industries with over 1,700 customers.
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