BIG DEAL!- AutoZone Adopts viaLink Services for Pay-on-Scan
Editors Note: What may seem like a pure tech play is actually the first step in the "New Way Of Doing Business". It will become more important for manufactures of auto parts to insure that the products they sell are moving off the shelf ...if not they will not get paid. The Auto Channel is the only medium that speaks to all the participants in the distribution chain.
DALLAS--June 4, 2003--The viaLink Company
(OTCBB:VLNK) announced today that AutoZone , the nation's
number one retailer for the growing do-it-yourself automotive
maintenance and repairs market, will use viaLink's services to enhance
supply chain visibility and enable Pay-on-Scan /Scan Based Trading
with its suppliers.
"We see this as a key opportunity to engage our suppliers more
actively in our primary business goal of serving our customers in our
stores," said Brett Easley, Sr. VP of Merchandising at AutoZone.
"viaLink's services will help make this a win-win for AutoZone and our
suppliers. First, this will give our suppliers actionable consumer
sales visibility. Second, viaLink will help us enable the full range
of our suppliers to move quickly to adopt this new business process,
regardless of their technical capabilities. Also, our agreement with
viaLink will enable AutoZone to implement this initiative consistent
with the recommendations of the recent study sponsored by the
Automotive Aftermarket Industry Association (AAIA)."
viaLink's services will provide data synchronization and
visibility to consumer demand at the store level as a solid foundation
for the collaborative processes designed to increase sales and
customer satisfaction for both AutoZone and its suppliers. Suppliers
participating in the program will have access to perpetual inventory
and product flow reporting, as well as a clear picture of new product
status and distribution. Various exception reports will support
suppliers in assuring the ongoing accuracy of pricing and the ability
to identify and act on potential out-of-stock and overstock
situations.
"This is an exciting development for the automotive aftermarket
industry," said Doug Adams, Vice President and founder of Prime
Consulting Group, inc. "As we underscored in the study we conducted
for AAIA, Pay-on-Scan is a very promising opportunity for the industry
using a process that establishes the foundational collaborative
building blocks. viaLink as a third party supports the trust, openness
and visibility that are needed to increase efficiency and sales for
everyone in this industry."
"We are extremely pleased to be working with AutoZone, the leading
retailer in this market," said Bob Noe, CEO of viaLink. "There is
great potential for our service to help eliminate costs in the total
automotive aftermarket supply chain. The tools we provide for improved
collaboration between AutoZone and its suppliers support the ultimate
goal of meeting and exceeding customer expectations."
The AutoZone program based on viaLink services is designed to be
easy for suppliers to implement. AutoZone suppliers who wish to learn
more about viaLink's services may contact viaLink at
marketing@vialink.com. AutoZone will also be communicating directly
with all suppliers regarding the program.
AutoZone sells auto and light truck parts, chemicals
and accessories through more than 3,152 AutoZone stores in 45 states
plus the District of Columbia, 43 stores in Mexico and online at
www.autozone.com.
Prime Consulting Group, inc. is a consulting firm located in
Bannockburn, IL that has worked with over twenty retailers and
manufacturers in the implementation of Pay-on-Scan.
The viaLink Company (OTCBB:VLNK) provides advanced e-commerce
services to the retail supply chain. We help progressive
manufacturers, suppliers, distributors and retailers improve the
efficiency of their trading relationships, increase sales and serve
their customers more effectively. For more information about viaLink's
data synchronization, scan based trading, supply chain visibility and
UCCnet registry and publication solutions, call (972) 934-5500 or
visit viaLink's website: www.vialink.com.