SPS Commerce Provides Internet-Based B2b Services to Sherwin Williams
Vendor supply chain transaction processing to become 100% electronic
SPS Commerce, the proven Internet-based, business-to-business e-commerce solutions provider, announced that The Paint Stores Group of The Sherwin Williams Company has contracted with SPS Commerce to use its e-commerce services to electronically automate purchase order and invoice processing throughout the Sherwin Williams Company Paint Stores Group.
Sherwin Williams Paint Stores Group is the market leader in distribution and sales of coatings and coating-related products through its 2,300 stores nationwide. The Paint Stores Group supply chain is comprised of many trading partners and also encompasses a network of internal distribution centers.
The Paint Stores Group is contracting with SPS Commerce as a merchant to electronically automate purchase order and invoice transactions with non-electronic vendor trading partners. By automating its supply chain, Sherwin Williams Paint Stores Group will greatly increase efficiency, raise the level of data integrity and improve the timeliness of processing.
SPS Commerce is a proven leader in business-to-business e-commerce solutions for the retail community. Sherwin Williams joins Sears Roebuck & Company, Kmart, Dayton Hudson Corporation Target Stores, JoAnn Stores and other leading retailers employing the services of SPS Commerce. Retailers choose SPS Commerce for its innovative, cost-effective solutions, and proven return-on-investment.
"We have strategic e-commerce compliance goals this year for our trading partners, and SPS Commerce offers the best solution to guarantee 100% e-commerce automation," said Ed Thompson, director of merchandise control, at Sherwin Williams Paint Stores Group. "SPS has an efficient and cost-effective solution that will enable all of our trading partners to quickly reach compliance."
About Supply Chain Automation Information technology has enabled companies to distill profits from almost every business operation. One of the last remaining untapped profit centers is a business' supply chain. For more than 20 years, merchants have tried to lower supply chain costs by attempting to automate business-to-business transactions with their trading partners through technologies such as EDI. Because these technologies have not worked with all of a merchant's partners, businesses have not realized the full potential of supply chain automation. SPS Commerce transcends these problems by leveraging the Internet and offering its extensive business-to-business electronic commerce expertise to 100% electronically automate transactions between a merchant and its trading partners -- finally unlocking supply chain profits.
"SPS Commerce has a long history with, and intimate knowledge of the retail industry. We understand that one of Sherwin Williams' strategic advantages is its ability to streamline and better manage its supply chain," said Steve Waldron, president and CEO of SPS Commerce. "Our Trading Partner Enablement Program will help Sherwin Williams Paint Stores Group realize its e-commerce goals by providing its vendors the necessary Internet-based solutions in order to achieve 100 percent e-commerce compliance."
The SPS Commerce Trading Partner Enablement Program works with each individual vendor's capabilities and resources to achieve compliance with a merchant. This method allows each vendor the freedom to retain their current business processes, while still enabling them to trade electronically via any of the Trading Partner Enablement program's options, including WEB EC, application conversion and manual conversion. Thus, regardless of a vendor's size or level of electronic sophistication, achieving e-commerce compliance is feasible for all businesses.
About SPS Commerce
SPS Commerce is a leading provider of proven Internet-based, business-to-business e-commerce solutions for the Fortune 1000. SPS Commerce is transcending the traditional EC cost model by leveraging the Internet and its business-to-business electronic commerce experience to 100% electronically automate transactions between a business and all of its trading partners. SPS Commerce is headquartered in St. Paul, Minn. For more information visit the Company at http://www.spscommerce.com