News release – Arpil 2005: GNX launches a supplier sourcing service for retailers
San Francisco, April 20, 2005 GlobalNetXchange (GNX), a leading e-business solution and service provider for the global retail industry, today announced the launch of a new global sourcing service to provide retail industry customers with a time and cost effective way to expand their supply base and increase price competitiveness. The company also announced the appointment of Alexandra Lafaurie as Director of Services and Customer Engagement, to lead the development of its services activities for the new sourcing service business.
Driven by increasing demand from retailer customers, GNX developed a three?tier sourcing offering comprising the following components:
* Supplier search
* Supplier qualification
* Customized sourcing consulting service
Leveraging the GNX Sourcing platform, supplier database and its multi?lingual customer service team resources, GNX will research and create a database of potential suppliers, then conduct in?depth screenings to qualify this pool of suppliers against the retailer?s unique requirements.
To further integrate global sourcing practices into the retailer?s business, GNX also offers a consulting service to help customers design sourcing processes that leverage the advanced internet?enabled sourcing tools within the GNX Sourcing platform to automate and streamline supplier qualification and management activities.