Internet trading network adds member services
Staff -- Industrial Distribution, 6/1/2003
YARDLEY, P A . — Prophet 21's new Trading Partner Connect version 8.0 includes new features such as streamlined dead stock purchasing.
A dead stock database is queried when a member's purchasing agent begins his processes, allowing him to buy dead stock at a discounted price from other trading partners. This will give members additional opportunities to sell their obsolete inventory.
"This will lead to a significant reduction in dead stock, as well as a margin increase for those who procure the dead stock," says Lee Eagan, CEO of Oliver Van Horn Co.
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