VendorNet Collects Its 100th Retail Client, The Franklin Mint

Boynton Beach, FL, March 30, 2010

VendorNet (http://vendornet.com), a leading supply chain solutions provider, today announced it has signed its 100th retail client. The Franklin Mint joins VendorNet's community of leading multi-channel retailers and more than 16,000 trading partners that rely on VendorNet's web-based technology for best source order fulfillment and inventory optimization.

The Franklin Mint (http://franklinmint.com) is a world renowned purveyor of works of fine art, magnificent objets d'Art, and treasured collectibles. It is deploying VendorNet Dropship Manager with carrier integration to automate dropship order fulfillment. The technology will allow The Franklin Mint to easily and confidently grow its dropship partnerships to bring new and exciting products to its customers.

Nathan Richter, Director of Internet Sales and Development at The Franklin Mint commented, "As we expand our product offerings, we will be utilizing more and more fulfillment locations. We needed a partner and technology that will help us streamline and optimize our order management process. As our overall sku count increases, VendorNet scales well both from a technology and cost perspective. VendorNet also offers additional system features such as carrier integration, which streamlines the entire shipping process for us and our vendors."

"VendorNet is fully committed to delivering technology solutions that help retailers optimize order processing and inventory through best source fulfillment," stated Sharon Gardner, President of VendorNet. "This not only includes third-party suppliers, but also warehouses and brick and mortar stores. VendorNet bridges the gap between fulfillment locations enabling retailers to more readily meet the demands of today's multi-channel consumers. We are pleased to partner with our 100th client, The Franklin Mint, to ensure it can rapidly deploy new dropship vendors who can easily comply with and uphold its strict standards of excellence."

Richter concurred, "We believe VendorNet Dropship Manager will decrease our fulfillment time, thereby increasing customer satisfaction. In addition, it will allow us to add new fulfillment locations quickly because we will have a stable, yet highly flexible order communication process in place."

About VendorNet

VendorNet delivers web-based supply chain management solutions to multi-channel retailers enabling real-time collaboration with third-party suppliers and all corporate fulfillment channels including stores. VendorNet Commerce Suite establishes a powerful foundation for solutions that dramatically improve supply chain processes, reduce costs, increase sales, and strengthen cross-channel inventory collaboration. VendorNet's clients include Neiman Marcus, David's Bridal, Guitar Center, Spiegel, The Swiss Colony, Home Decorators Collection, FrontGate, CompUSA, Nine West, and Orvis. For more information on VendorNet, visit www.vendornet.com

 

Contact:

VendorNet, Delray Beach
Louisa Rupp
954-767-8228
lrupp@vendornet.com