San Diego, CA – August 1, 2019 – Ace Hardware, known as “The helpful place”, with over 5,000 stores locally owned and operated across the global, has selected and gone live with the TradeBeyond Cloud Platform, to streamline global product development, sourcing operations, vendor collaboration and quality assurance.
As a leading DIY retailer, Ace Hardware was seeking a solution to streamline the process from the product planning phase through the placement of a vendor purchase order. As implementation continues, the CBX platform will benefit members across several departments including merchandising, sourcing, master data management, compliance and transportation, as well as the extended vendor community.
The CBX platform allows buyers and vendors to be more productive throughout the RFQ process, saving hours by only working on what is required at a given time. In addition, the platform allows customs compliance managers the ability to validate requirements such as tariff codes and related information much earlier in the sourcing process; uncovering erroneous information earlier means having the time to identify an alternative item/vendor for a given category plan, resulting in decreased supply chain cost and increasing margin.
“Ace Hardware offers a wide variety of DIY products across several categories placing significant pressure on their domestic and international supply chain. Businesses of this type face a number of complex issues around costing, supplier optimization, quality and compliance,” said Eric Linxwiler, Senior Vice President of TradeBeyond. The CBX platform helps to bridge these gaps, while our support team provides around the clock, worldwide support; allowing different teams to collaborate effectively anywhere, anytime. Ace Hardware’s decision validates our commitment to long term investment in the US market and we are extremely excited to have them join our distinguished list of customer partners.
About Ace Hardware
Ace Hardware is the largest retailer-owned hardware cooperative in the world with more than 5,200 locally owned and operated hardware stores in approximately 70 countries. Headquartered in Oak Brook, Ill., Ace and its subsidiaries operate an expansive network of distribution centers in the U.S. and have distribution capabilities in Ningbo, China; Colon, Panama; and Dubai, United Arab Emirates. Since 1924, Ace has become a part of local communities around the world and known as the place with the helpful hardware folks. For more information, visit acehardware.com or newsroom.acehardware.com
TradeBeyond is the world’s leading Total Sourcing Management solution provider from concept to delivery – combining people, processes and solutions. TradeBeyond helps retailers and brands streamline product development and sourcing all the way through order, production and delivery. Through innovative Sourcing Management, Product Life-cycle Management (PLM), and Production & Order Management technology solutions, TradeBeyond empowers the supply chain network by driving collaboration to over 15,000 retail & supplier partners, and 30,000 users in more than 50 countries. For more information, visit www.tradebeyond.com.