CommerceHub to Surpass 50M Transaction Mark in 2007
Supply-on-Demand Platform Grows to Process Drop-Ship Fulfillment Milestone
ALBANY, NY--(Marketwire - September 18, 2007) - CommerceHub, the Supply-on-Demand platform for
supply chain integration and fulfillment solutions, is on track to surpass
a significant industry milestone in 2007, a total of 50 million drop-ship
transactions processed on its network.
"Our ability to listen and provide valuable solutions to our customers is
the primary reason for our success," said CommerceHub's CEO, Steve Hamlin.
"We have built a strong reputation and confidence level with our
client-base. This has contributed to our double-digit growth since our
inception in 1998 and the reason why we believe we will continue to grow at
this pace."
The CommerceHub Supply-on-Demand platform provides a single connection for trading partners to
electronically integrate with all their suppliers, distributors,
manufacturers and carriers, regardless of individual technical capabilities
or systems incompatibilities. It enables any supply-chain network to
drop-ship products directly from suppliers to customers, while maintaining
the same degree of customer service, fulfillment performance and brand
management as if they actually shipped the product from their own
warehouse. This virtual
warehousing capability dramatically increases product offerings,
broadens markets and drives revenue without incurring inventory handling
and warehousing costs.
"The CommerceHub suite of technologies and services provides a totally
scalable, supply-chain integration and drop-ship fulfillment platform,"
said Robert Muller, VP of Distribution Operations at QVC, "and has proven
to be a reliable backbone for our supplier-direct fulfillment operations."
Other significant platform milestones have been over 150,000 drop-ship
orders processed on a single day and nearly 2 million processed in a single
month. The CommerceHub scalable Supply-on-Demand platform has more than
3,000 drop-ship suppliers presenting over 5,300,000 unique SKUs and
representing over $1 billion in annual sales processed.
ABOUT COMMERCEHUB
CommerceHub is the industry's leading provider of fulfillment and
integration solutions for retailers and wholesale distribution companies.
With nearly a decade of experience working with Top 25 retailers,
distribution supply chains and a wide array of major brand name suppliers,
CommerceHub manages more than $1 billion in goods annually on behalf of
such industry leaders as Costco, QVC, Staples, Circuit City, drugstore.com,
Ty's Toy Box, Kmart, Sears, Toys "R" Us, Walgreens, Dell, Toshiba, Sanyo,
Minolta, Gateway and Little Tikes.
For information on the CommerceHub Supply-on-Demand platform, Universal
Connection Hub, and Drop Ship Master visit our website at
www.commercehub.com.
Contact Information: Contact:
Donna Cooper
CommerceHub
518-810-0700