Canada's Most-Shopped Retailer Fulfills Online and Catalog Orders with EXE Technologies' EXceed
DALLAS--Aug. 7, 2001--Canadian Tire Corporation Achieves New Operational Efficiencies with
EXE's Supply Chain Execution Software
EXE Technologies, Inc. , a leading global supply chain execution solutions provider, announced today that Canadian Tire Corporation, Limited has implemented the EXceed(TM) software solution and is now successfully fulfilling online and catalog orders. EXceed coordinates order management, receiving, stocking, replenishment, allocation, picking, shipping, and inventory management throughout Canadian Tire's distribution facilities.
Canadian Tire launched its consumer online business, www.canadiantire.ca, in November 2000 and quickly became one of the ten most visited e-Commerce sites in Canada. The organization has become one of few Canadian retailers to offer multi-channel retailing including in stores, by catalogue and by phone. Canadian Tire distributes approximately 10 million copies of its catalog each year and this spring the company doubled its online product assortment to more than 12,000 online products, nearly half of which are featured in this year's Canadian Tire catalog. As one of the most utilized retail catalogs and most frequented online retail Web sites in Canada, Canadian Tire needs to provide a shopping experience that creates repeat buyers. Doing so requires that the right products be delivered to the right place at the right time.
"EXceed, implemented at Canadian Tire with implementation support from Cap Gemini Ernst & Young, has proven to be highly functional and very versatile," stated Bruce Johnson, vice president, Distribution and Express Auto Parts, Canadian Tire Corporation, Limited. "The success of the implementation is directly attributable to effective project management, limited customization to the product and the easy conversion to support. With EXceed, we can get products to the customer accurately and on-time."
In addition to the core EXceed solution, Canadian Tire utilizes EXceed Value to customize the packaging and labeling of orders.
"Meeting customer expectations through a variety of retail channels is the business challenge facing companies like Canadian Tire," stated Raymond Hood, chief executive officer, EXE Technologies. "We're committed to helping retailers streamline supply chain processes in order to meet customer demand and improve customer loyalty. Our product functionality and industry expertise make us the obvious solution for this dynamic industry."
About Canadian Tire Corporation
Canadian Tire Corporation, Limited, the Canada's most shopped retailer, offers a unique mix of products and services through the leadership of three specialty stores under one roof -- Automotive, Sports and Leisure, and Home Products. Canadian Tire also offers shopping and home delivery through www.canadiantire.ca and by phone order at 1-866-SHOP-CTR. Canadian Tire Petroleum is one of the Canada's largest independent retailers of gasoline, with 203 outlets across Canada. With 443 Canadian Tire Associate Stores serving communities nationwide, Canadian Tire Corporation, Limited and the Associate Dealers together employ 38,000 Canadians and form one of Canada's best-known and most successful retailers.
For further information: Scott Bonikowsky, Canadian Tire, (416) 480-8570, bonikowsky@cantire.com.
About EXE Technologies, Inc.
EXE Technologies, Inc. is a leading provider of fulfillment, warehousing and distribution software for e-commerce and traditional distribution channels. EXE's software allows companies to use the Internet and traditional communication methods to efficiently manage and control the flow of inventory throughout the supply chain. Companies use EXE's software to reduce distribution costs and increase customer loyalty and satisfaction. EXE provides global service and support for its software from established facilities in North America, Europe, the Middle East, Asia and Australia. For more information about EXE Technologies, Inc., call (214) 775-6000 or visit www.exe.com.
EXE Technologies, EXE and EXceed are trademarks, registered trademarks or service marks of EXE Technologies, Inc. in the United States and/or other countries. All other trademarks or service marks contained herein are the properties of their respective owners.
Statements contained in this press release that are not historical facts may be forward-looking statements, as the term is defined in the Private Litigation Reform Act of 1995. In some cases, you can identify forward-looking statements by terminology such as "anticipate," "estimate," "expect," "project," "intend," "plan," "believe" and other words and terms of similar meaning in connection with any discussion of future operating or financial performance. Many factors, including the risks outlined from time to time in the documents filed by EXE with the Securities and Exchange Commission, will be important in determining future results. The forward-looking statements contained in this press release include, among other things, statements relating to the capabilities of EXE's software, EXE's ability to implement its software and customers' ability to realize certain results from the implementation of EXE's software. Any and all of forward-looking statements can be affected by inaccurate assumptions or by known or unknown risks and uncertainties, including, among other things the length and complexity of the implementation cycle for EXceed software, which may result in delays and/or customer dissatisfaction. Actual future results may vary materially.