RedTail Solutions Debuts Global Data Synchronization Integrated With EDI in its RTTM Software as a Service Platform
Swiss Medica Leveraging Newly Introduced RTTM-XC™ to Support External Data Synchronization Requirements With Walgreens
WESTBOROUGH, Mass., Dec. 12, 2005 -- RedTail Solutions, the leading provider of outsourced solutions for supply chain visibility including electronic trading and global data synchronization, today announced the release of its newest version of RedTail Transaction Manager™, which incorporates Xpress Conveyor (RTTM-XC)™.
The first release of RTTM-XC is designed to satisfy the needs of consumer goods manufacturers (suppliers) that require a simple, easy way to load, maintain and publish product data through 1SYNC’s data pool. Using RTTM-XC, suppliers can accomplish data synchronization as part of their EDI process.
“Data synchronization based on industry standards is a fundamental requirement to garnering true operational efficiencies in transaction exchange and ultimately throughout the supply chain,” said Steve Horton, chief marketing officer for RedTail Solutions. “By incorporating data synchronization and releasing RTTM-XC to the market as a single solution, we can eliminate many of the barriers faced by suppliers and increase the rate at which they will adopt global standards.”
RedTail customer Swiss Medica, a distributor of proprietary bioscience products, has adopted the enhanced platform to help satisfy retail trading-partner Walgreen’s requirements for synchronizing item data. Swiss Medica was asked by Walgreens earlier this year to apply global data synchronization to its item data catalogue. Swiss Medica turned to RedTail Solutions for assistance. Within a few days, Swiss Medica was able to leverage the installed RedTail EDI interface (RTTM) as its single source to perform ongoing EDI and global data synchronization (GDS) activity through a single, integrated solution.
“We already depend on RTTM for our daily EDI activity, which is tightly integrated to our corporate accounting system Business Vision,” said Bill Margraf, logistics manager, Swiss Medica. “The ability to leverage a single solution to manage our new GDS requirement helped us to avoid the time and expense associated with finding a stand-alone solution. RedTail Solutions provided us with that out-of-the-box functionality as a GDS service that is basically an extension of what we are already doing with our outsourced EDI process.”
In July 2005, RedTail acquired the Xpress technology platform and all of its associated intellectual property, which was originally developed by Commerce One, a pioneer along with the Uniform Code Council (UCC) in the field of product data synchronization. RedTail incorporated the technology into its own Software as a Service (SaaS) platform to give middle-market and enterprise level companies fully integrated solutions that comply with standards for EDI, GDS and radio frequency identification (RFID).
According to Patricia Meisner, CEO of RedTail Solutions, “A profound shift is occurring in the way that enterprise applications are purchased and delivered. Suppliers have become increasingly dissatisfied by time and resource-intensive application deployment cycles that cannot keep up with rapidly evolving standards and requirements for participation in today’s global supply chain. RedTail’s SaaS model provides suppliers with state-of-the-art capabilities to comply with the requirements of their key customers and to compete for their business at the highest level. General benefits to the supplier include reductions in cost, risk and the length of time it takes to recognize true value from RedTail’s solution as compared to the investment made for in-house deployments.”
RedTail’s solution now serves as a single-source system for EDI and GDS that is integrated with the supplier’s product information. The RedTail SaaS platform will also provide access to EPC global -IS (RFID information services) as it becomes available. Today it is serves as the basis for the handling of error-free transaction exchange and extending suppliers’ visibility throughout the supply chain.
RTTM-XC is available immediately with subscription pricing available for suppliers that wish to use the combined EDI and data synchronization capability, as well as for those who want to use RTTM-XC as a hosted solution for data synchronization only.
About Swiss Medica, Inc.
Swiss Medica is a publicly held company that commercializes proprietary bioscience products which relieve chronic ailments. Swiss Medica increases its market share through focused distribution strategies in multiple sales channels. Swiss Medica's mission is to be a world leader in the commercialization of life enhancing bioscience products that improve quality of lives. Please visit our websites at www.swissmedica.com ,www.O24zone.com and www.pmsescape.com.
All companies and products listed herein are trademarks or registered trademarks of their respective holders.
About RedTail Solutions, Inc.
RedTail Solutions, Inc. is a privately held company, located in Westborough, MA. It enables suppliers to compete at the highest level in today’s supply chain by providing a Software-as-a-Service (SaaS) platform for b2b collaboration. This advanced platform provides a suite of hosted services via the internet that can integrate seamlessly with middle-market systems like Microsoft Great Plains® to enterprise back office systems such as SAP®.
Through this hosted and integrated platform, suppliers can connect and trade through a single solution with their key customers as well as third-party logistics providers in warehousing and transportation. There are more than 500,000 suppliers that participate in the global supply chain today that can gain immediate benefits by using RedTail’s fully integrated and automated electronic collaboration through a single interface, helping them to eliminate transaction errors, reduce penalties for non-compliance and ultimately to streamline business processes. For more information, visit www.redtailsolutions.com.
For more information, visit www.redtailsolutions.com.
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George Cohen
George Cohen Communications
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