Overstock.com Signs on to Use Vcommerce's New RetailVantage
Suite to Manage Sales Transactions
Popular Online Closeout Retailer Selects Vcommerce to Outsource
Direct-to-Consumer E-Commerce Business
Laptop Battery SCOTTSDALE, Ariz.--(BUSINESS WIRE)--Aug. 3, 2004-- Vcommerce
Corp. today announced that Overstock.com(R) (NASDAQ: OSTK), the
popular Internet retailer, has chosen Vcommerce's RetailVantage
solution to help manage its online transactions. Overstock.com
expects Vcommerce's solution to significantly reduce its
transaction costs and increase efficiency in its core online
operations.
Overstock.com will use Vcommerce's robust, Web-based tools to
control and provide visibility into its commerce chain, from
catalog management to order fulfillment to returns management. The
hosted solution will enable Overstock.com to focus on the most
impactful parts of its business, while ensuring that the details of
its online transactions are effectively managed.
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- Order History.
Thinkpad Overstock.com is an online closeout retailer offering discount,
brand-name merchandise for sale over the Internet. Based in Salt
Lake City, the company offers its customers an opportunity to shop
for bargains conveniently, while offering its suppliers an
alternative inventory liquidation distribution channel.
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Microsoft "Vcommerce's offering should result in a tremendous cost savings
for us, especially with its 'pay-as-you-go' model. The
system is flexible enough to
allow us to use our existing business processes while leveraging
the efficiencies gained with the Vcommerce platform," said Shawn
Schwegman, vice president of technology for Overstock.com.
"RetailVantage will make it easier for us to focus our energies
on rapid, low-cost growth while continuing to deliver the lowest
prices on the Internet and exceptional customer service."
- Track the contact information of your customers, vendors and more do' up reminders
- View all key customer data on one screen date
- See and link to specific financial transactions in QuickBooks
- See your customer' date revenues alongside all other data
- Plan and manage your customer projects all in one place
- Track relationships among customers, referrals, vendors and projects
- See frequently asked questions on every screen
- Manage and analyze your Company's sales pipeline
- Monitor the activities of your Company's professional sales team
Laptop Computers "It's an honor to welcome such an industry leader as
Overstock.com to Vcommerce's marquee client base. Overstock.com is
a truly visionary online retailer, and we are very pleased that
they've chosen our
solutions to take them into the
next phase of their growth and development," said Vcommerce CEO
Dan Clarke. "Their initiatives to cut costs and drive
efficiencies are a perfect fit for our flexible solutions."
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Laptop Computer "Overstock.com is a great example how Vcommerce clients can
choose the level of involvement they have in their commerce
initiatives," said Dan Kennedy, Vcommerce's president and CTO.
"With our flexible offerings, clients control how they
do
business with us -- they can choose to outsource some
or all of their commerce chain functions, or use our robust,
Web-based tools to manage the process themselves. Overstock.com has
chosen to use our hosted tools to maintain the highest level of
control."
Conclusion Sales management tools are essential to every business. Managing your data is essential and sales management tools can help you do that. Sales management tools will help your sale people stay organized and efficient. Customers will benefit from the organization that sales management tools bring which will keep them coming back to your business and ensure that they recommend new clients. Look into sales management tools for your business and you wonder why you waited so long to implement sales management tools.
Desktop Computer About RetailVantage
Notebooks RetailVantage is an end-to-end solution for multi-channel
initiatives designed to serve the retail industry's specific needs.
It offers outsourced services and Web-based tools for visibility
and control across all steps in the commerce chain -- from order
capture to fulfillment to reverse logistics -- for such channels as
Web stores, in-store kiosks, printed catalogs and phone-order
entry. The solution can handle such retail-specific needs as
in-store returns, compliance with the National Retail Federation
fiscal calendar, in-store sourcing, seasonal product line
extensions, holiday promotions, online/kiosk merchandizing, and
channel-specific pricing. Based on the clients' specific needs,
they can choose to use the entire RetailVantage solution or one of
its two component solutions, OrderVantage and SupplierVantage, to
augment their existing commerce chain systems. RetailVantage
enables retailers to maintain focus on their primary businesses
while fulfilling their customers' demands for a smooth,
multi-channel shopping experience.
Lenovo For additional information regarding Vcommerce and its
solutions, please contact Vcommerce at 480-922-9922 or visit
www.vcommerce.com.
Hard Drive About Vcommerce Corp.
Travelstar Vcommerce is the leading provider of multi-channel retail
solutions. Vcommerce provides proven solutions to capture, source
and manage orders, so retailers can dramatically minimize risks,
increase efficiencies and reduce costs associated with
multi-channel retail initiatives. Vcommerce makes it as easy as
possible for retailers to do business in multiple channels, such as
e-commerce, phone-order entry, kiosks or catalogs. Clients control
the way they operate their multi-channel businesses -- they can
choose to outsource some or all of their commerce chain functions,
or use Vcommerce's robust, Web-based tools to manage the process
themselves. The company's growing client base includes Gateway,
Overstock.com, Borders, GE and Waldenbooks. A privately held
company, Vcommerce is headquartered in Scottsdale, Ariz.
Gateway Overstock.com is a registered trademark of Overstock.com
Inc.
Laptop Parts Contacts
Software
Vcommerce Corp.
Aimee Brainard Schoaf, 623-536-5021
aschoaf@vcommerce.com
Lori Bush, 480-551-3797
lbush@vcommerce.com
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