USA: ThreadeXchange And Essentus Join Forces
ThreadeXchange, the global sourcing solution that delivers secure, online business-to-business transactions for the apparel industry, and Essentus Inc, the provider of business-to-business software and services to the softgoods industry, today announced a strategic partnership. ThreadeXchange will integrate Essentus' fashionchain division's collaborative and supply chain management applications offered to softgoods manufacturers, distributors, retailers, and importers, thereby creating a web-based solution that will provide apparel industry customers with global sourcing capabilities as well as full visibility and tracking throughout the process. ThreadeXchange, an Internet-based vertical services provider, integrates extensive merchandising expertise with leading edge technology. It streamlines the procurement process by linking an international network of apparel sellers to buyers who are seeking high-quality goods at the best prices. ThreadeXchange will implement Essentus' sourcing and demand management suite as well as fashionchain applications. Together, these applications will allow ThreadeXchange's customers to better manage and monitor activities across their supply chain.
October 12, 2000