Release Date: 05 April 2006
Release ID: 191
Leading children’s clothing and accessories retailer chooses Management Dynamics’ global connectivity solution to power its order management system.
EAST RUTHERFORD, NJ, April 5, 2006 – Management Dynamics, a leading provider of global trade management solutions, today announced that The Children’s Place, a leading specialty retailer of high-quality, value-priced clothing and accessories for children, has selected Management Dynamics’ Private Supply Chain Network solution for trading partner connectivity and data quality management services to streamline its inbound supply chain.
The global connectivity solution connects The Children’s Place’s internal order management system to a vast network of consolidators, third-party logistics providers, ocean carriers, air carriers, and motor carriers to facilitate communication of updated order and shipment status information. By synchronising this logistics information in real-time, The Children’s Place anticipates to eliminate excess inventory, reduce supply variability and cut cycle times.
“Management Dynamics’ experience and reputation for providing successful data management solutions was a critical decision factor in entering into this relationship,” said Frank Loewen, Director of Logistics at The Children’s Place.
Management Dynamics’ Private Supply Chain Network will simplify the collection, validation, interpretation and aggregation of time-sensitive data from suppliers, carriers, freight forwarders and other partners from around the world.
“To improve competitiveness and keep up with ever-changing fashions, retailers need to collaborate more closely with their suppliers and integrate their supply chains from source to store,” said Jim Preuninger, CEO of Management Dynamics. “The key to shorter cycles and improved logistics decisions is complete and high quality information from the supply chain. We welcome The Children’s Place to our growing clientele of retailers.”
About The Children’s Place
The Children’s Place Retail Stores, Inc. is a leading specialty retailer of children’s merchandise, ages newborn to ten years old. As of January 1, 2005, the Company operated 749 Children’s Place stores; 688 stores in the United States, 55 stores in Canada and six stores in Puerto Rico. The retailer also sells Children’s Place merchandise through its virtual store located at www.childrensplace.com and owns the subsidiary that operates the Disney Stores in North America, consisting of 298 stores in the United States and 15 stores in Canada.
About Management Dynamics, Inc.
Management Dynamics is a leading provider of global trade management solutions that improve the performance of global supply chains for importers, exporters, logistics service providers, and carriers. The company's solutions synchronise the flow of information among trading partners, optimise supply chain execution decisions, and streamline import and export processes to ensure regulatory compliance and minimise cost and risk involved in cross-border transactions. Management Dynamics' time-proven solutions are used by more than 13,000 global users at some of the world's most successful 3PLs, carriers, manufacturers, retailers, and high technology companies.
For more information, please visit www.ManagementDynamics.com or call +44 (0)1932 445220.
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Telephone: +44 (0)1932 445220
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