Tool Manufacturers Join Internet Trading Network

March 1, 2003
YARDLEY, PA, March 18, 2003 - Prophet 21 announced today that two major tool manufacturers have joined Trading Partner Connect. Stanley Tools and Black

YARDLEY, PA, March 18, 2003 - Prophet 21 announced today that two major tool manufacturers have joined Trading Partner Connect. Stanley Tools and Black & Decker-DeWalt have become members of the Internet trading network in an effort to improve customer service while decreasing the costs of conducting business.

"The addition of these two highly visible manufacturers represents a milestone for Prophet 21," says Chuck Boyle, Prophet 21 president and CEO. "Trading Partner Connect has become the industry standard as members of the supply chain continue to look for ways to streamline processes and reduce costs while improving customer service."

Trading Partner Connect streamlines the commerce process between manufacturers, distributors, and end-users, thereby increasing sales and improving customer service while reducing operating costs. Manufacturers benefit by improving their ability to interact with distributors, reducing supply chain costs, more accurately predicting consumer usage of their products, and increasing sales.

Distributors can use Trading Partner Connect to access millions of items, enabling them to compete on a larger scale and improve customer service. Distributors further benefit from eliminated EDI VAN charges and dead stock reduction. Trading Partner Connect also provides distributors with a Web-based storefront to give end-users online customer service as well as ordering capabilities 24 hours a day, seven days a week.