Circuit City and VCF Launch New Vendor Extranet25 July 2006
Circuit City increases collaboration between the retailer and its suppliers with the launch today of a new vendor extranet. Developed and integrated with the Vendor Compliance Federation's (VCF) Compliance Clearinghouse, Circuit City has created a unique, easy-to-use Web site to enhance communication with its supplier base. "By raising the bar in vendor communication, we can further strengthen the level of synchronization between ourselves and our vendors. Our vendor partners are important to effective supply chain execution, and we believe strong communication is the cornerstone of a strong relationship," said Victor Engesser, vice president of vendor relations at Circuit City. By integrating their extranet with the VCF Compliance Clearinghouse, Circuit City suppliers will have the ability to easily access information regarding Circuit City's vendor requirements. "This joint initiative marks a step forward in collaboration between Circuit City and its vendors," says Mark Jones, VCF's co-managing director. About Circuit City Stores, Inc. Circuit City Stores, Inc. (NYSE: CC) is a leading specialty retailer of consumer electronics. The domestic segment operates through 630 Superstores and five other locations in 158 U.S. markets. The international segment operates through more than 950 retail stores and dealer outlets in Canada. Circuit City also operates Web sites at http://www.circuitcity.com and at http://www.thesource.ca. About Vendor Compliance Federation Vendor Compliance Federation (VCF) is the fastest growing retail membership organization, now with nearly 500 retail members. VCF is where vendors and retailers come together to increase supply chain efficiencies, minimize order fulfillment risk, integrate processes and eliminate disconnects to prevent profit loss. Visit www.vcfww.com for more information. Contact: S. Mark Jones Vendor Compliance Federation 535 Eighth Avenue, 17th Floor New York, NY 10018 Phone: 646-442-3493 Email Contact www.vcfww.com SOURCE: Trading Partners Collaboration, LLC
Source: marketwire
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