Nasdaq GlobeNewswire

STANDARD Products to Start Vendor Managed Inventory Program

Del

-- Lighting manufacturer wants stronger strategic distributor relationships, grow sales --

CINCINNATI, June 13, 2018 (GLOBE NEWSWIRE) -- TrueCommerce Datalliance announced today that STANDARD Products Inc., a Canada-based lighting manufacturer, has entered into an agreement to use its vendor managed inventory (VMI) platform. STANDARD joins a growing number of leading industrial companies to implement VMI to better manage distributor relationships and optimize inventory investment.

In a statement about VMI, STANDARD's CEO David Nathaniel said, "With lighting technology and products changing at such high speed, working with our partners to make sure they are carrying the right products and quantities in stock and keeping their inventory clean will drive sales and profit growth."

TrueCommerce Datalliance Industrial Director of Sales Tom Hoar said, "STANDARD already provides great lighting products for their distributors. By utilizing our VMI platform, they are going to have a better handle on what their distributors need without overstocking them. This is going to ensure their most in-demand products are always available, and it's going to streamline the ordering process for their distributors. And that's how industrial suppliers build stronger relationships." 

The early stages of a VMI program are critical for a supplier starting a VMI program. Hoar commented, "Once a contract is signed, our team begins the process of thoroughly cleaning a supplier's product data to ensure that everyone, including distributors, has the same information. This enables our team to help a supplier and their distributors set key performance indicators and expectations, which, ultimately, will be how the program's success will be judged. We look forward to seeing the numbers."

TrueCommerce Datalliance is part of TrueCommerce, a global provider of trading partner connectivity and integration solutions. With unified commerce services and apps, TrueCommerce connects customers, suppliers, channels, and systems through a global commerce network that includes more than 92,000 pre-connected retailers, distributors and logistics service providers.

About TrueCommerce:
TrueCommerce revolutionizes trading partner connectivity, visibility, and collaboration by linking suppliers, retail hubs and end consumers in one global commerce network.

With our flexible, integrated and fully managed service solutions, customers of any size can easily connect and collaborate with any trading partner while enjoying the peace of mind of a proven service platform that reliably handles hundreds of millions of transactions annually without the need for any customer interaction.

From the factory to the warehouse, from distributor to retail storefront, achieve new levels of business connectivity and performance with the world's most complete commerce network.

TrueCommerce: Connect. Integrate. Accelerate.
For more information about TrueCommerce Datalliance, visit www.datalliance.com.

About STANDARD:
STANDARD Products Inc., with its head office located in Montreal, is a privately held family owned business that supplies a full range of lighting solutions to the North American commercial, industrial, and residential markets through the professional electrical and lighting channel. These solutions allow end users to improve the quality of light and enhance the overall ambiance of their space while reducing maintenance, energy, and operating costs.

To learn more about STANDARD, visit www.standardpro.com.

Media Contact
Yegor Kuznetsov, TrueCommerce
703-209-0167
yegor.kuznetsov@truecommerce.com



This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: TrueCommerce via Globenewswire

Om Nasdaq GlobeNewswire

Nasdaq GlobeNewswire
Nasdaq GlobeNewswire
One Liberty Plaza - 165 Broadway
NY 10006 New York

+1 212 401 8700http://www.nasdaqomx.com

NASDAQ (NASDAQ: NDAQ) is a leading provider of trading, exchange technology, information and public company services across six continents.

Følg saker fra Nasdaq GlobeNewswire

Registrer deg med din epostadresse under for å få de nyeste sakene fra Nasdaq GlobeNewswire på epost fortløpende. Du kan melde deg av når som helst.

Siste saker fra Nasdaq GlobeNewswire

Bombardier Establishes Automatic Securities Disposition Plan15.8.2018 22:48Pressemelding

Not for distribution to U.S. news wire services or public dissemination in the United States Plan permits sales of vested shares earned by certain senior executives in accordance with predetermined instructions Plan reinforces the incentive effect of performance-based compensation by allowing for the sale of shares on the open market over a period of up to two years at prevailing market prices, regardless of any subsequent material non-public information participants may receive Plan participants must satisfy Bombardier’s minimum stock ownership guidelines for senior executives MONTRÉAL, Aug. 15, 2018 (GLOBE NEWSWIRE) -- Bombardier announced today that it has established an automatic securities disposition plan (“ASDP”) in accordance with applicable Canadian provincial securities legislation. The ASDP allows for the exercise and sale of vested securities earned by certain senior executives of Bombardier as part of their overall performance-based compensation. Under Canadian securities

Cisco Reports Fourth Quarter and Fiscal Year 2018 Earnings15.8.2018 22:05Pressemelding

• Q4 Results: Revenue: $12.8 billion ▪ Increase of 6% year over year ▪ Recurring revenue was 32% of total revenue, up 1 point year over year Earnings per Share: GAAP: $0.81; Non-GAAP: $0.70 ▪ Non-GAAP EPS increased 15% year over year • FY 2018 Results: Revenue: $49.3 billion; increase of 3% year over year Earnings per Share: GAAP: $0.02; Non-GAAP: $2.60 ▪ Non-GAAP EPS increased 9% year over year ▪ GAAP results include a $10.4 billion charge related to the enactment of the Tax Cuts and Jobs Acts • Q1 FY 2019 Guidance: Revenue: 5% to 7% growth year over year Earnings per Share: GAAP: $0.69 to $0.74; Non-GAAP: $0.70 to $0.72 SAN JOSE, Calif., Aug. 15, 2018 (GLOBE NEWSWIRE) -- Cisco today reported fourth quarter and fiscal year results for the period ended July 28, 2018. Cisco reported fourth quarter revenue of $12.8 billion, net income on a generally accepted accounting principles (GAAP) basis of $3.8 billion or $0.81 per share, and non-GAAP net income of $3.3 billion or $0.70 per share.

Williams Scotsman Completes ModSpace Acquisition15.8.2018 22:05Pressemelding

BALTIMORE, Aug. 15, 2018 (GLOBE NEWSWIRE) -- WillScot Corporation (Nasdaq: WSC) (“Williams Scotsman”), the leading specialty rental services provider of innovative modular space and portable storage solutions across North America, today announced that it has completed its acquisition of Modular Space Holdings, Inc. (“ModSpace”) for a total purchase price of approximately $1.2 billion. With the addition of ModSpace, Williams Scotsman now manages over 160,000 modular space and portable storage units serving an even broader customer base from over 120 locations across the United States, Canada and Mexico. The acquisition also expands the breadth and depth of its Ready to Work solutions to existing and incremental customers and markets. Brad Soultz, President and Chief Executive Officer of Williams Scotsman, commented, “We are pleased to confirm the completion of this transformational acquisition and would like to thank our collective customers, employees, and stakeholders for their suppor

Algeco Announces Second Quarter 2018 Financial Results Conference Call and Change to Reporting in Euro15.8.2018 18:00Pressemelding

BALTIMORE, Aug. 15, 2018 (GLOBE NEWSWIRE) -- Algeco Investments B.V. (together with its subsidiaries, “Algeco”), the leading global business services provider of modular space, secure portable storage solutions and remote workforce accommodations, today announced that it will hold its second quarter 2018 financial results conference call on Wednesday, August 29, 2018 at 10:00 a.m., Eastern Time. To access the call, please dial (847) 585-4422 or (888) 424-8151 (US toll free) and enter participant PIN code 6638830# approximately ten minutes prior to the start of the call. You will be placed on hold until the event begins. The conference call will also be broadcast over the internet with an accompanying slide presentation. To join the web conference, go to http://web.meetme.net/r.aspx?p=2&a=UTiLPVrenccJZd. Please enter your name, email address and company to join the call. The customer service team can be reached at any time by pressing *0 on your telephone keypad. Prior to the call, the

Huobi Joins GLASS Network and Invests in SharesPost15.8.2018 15:00Pressemelding

Huobi joins network enabling compliant trading of digital securities globally San Francisco, CA, Aug. 15, 2018 (GLOBE NEWSWIRE) -- SharesPost, a leading provider of liquidity solutions to the private growth asset class, has announced that Huobi, China’s largest cryptocurrency and blockchain token exchange and second largest worldwide, has joined the Global Liquidity and Settlement System network (GLASS). When GLASS becomes operational, Huobi will be able to settle secondary trades of digital securities by U.S. investors in compliance with U.S. securities laws. Huobi will also be able to pool its nine million customers’ buy and sell orders with other exchanges using GLASS on a trading pair by trading pair basis. Greg Brogger, Founder and CEO of SharesPost, said: “We are very excited to see GLASS validated by such a highly respected trading platform. It signals the start of the next stage of development in the digital securities market, and we expect it will go a long way to clearing the

SFL Societe Fonciere Lyonnaise: Post Stabilisation Notice15.8.2018 14:02Pressemelding

PARIS, Aug. 15, 2018 (GLOBE NEWSWIRE) -- SFL Societe Fonciere Lyonnaise (EURONEXT PARIS:FLY) TEMP: FLY 15 th August 2018 SFL SOCIETE FONCIERE LYONNAISE Post Stabilisation Notice HSBC (contact: Syndicate desk, telephone: +44 207 992 8066) hereby gives notice that no stabilisation (within the meaning of the rules of the Financial Conduct Authority) was undertaken by the Stabilisation Manager(s) named below in relation to the offer of the following securities. Issuer: SFL SOCIETE FONCIERE LYONNAISE Guarantor (if any): na Aggregate nominal amount: EUR 500,000,000 Description: 1.5% due 29th May 2025 Offer price: 99.199 Stabilising Managers: BNP Paribas, Credit Agricole, HSBC, Natixis, Societe Generale This announcement is for information purposes only and does not constitute an invitation or offer to underwrite, subscribe for or otherwise acquire or dispose of any securities of the Issuer in any jurisdiction This information is provided by RNS, the news service of the London Stock Exchange.

I vårt presserom finner du alle våre siste saker, kontaktpersoner, bilder, dokumenter og annen relevant informasjon om oss.

Besøk vårt presserom