RedTail Solutions Partners With VeriSign to Expand Retail Data Available to Customers Through Its Supply Chain Visibility Portal™
RedTail to Enhance Operational Dashboard View with Point-of-Sale and RFID Data From VeriSign® Intelligent Supply Chain Services Platform
WESTBOROUGH, Mass., May 4, 2006 – RedTail Solutions, an outsourced provider of electronic trading solutions for EDI and data synchronization, today announced that will expand the retail data available to customers using the RedTail Supply Chain Visibility Portal™ by utilizing data from the VeriSign Intelligent Supply Chain Services platform.
RedTail’s Portal is currently in Pilot. As a part of this agreement, RedTail will offer customers the ability to access data from VeriSign into a dashboard view that will provide them with information about the order and fulfillment lifecycle of products moving through the supply chain. Additionally, RedTail plans to also use existing VeriSign services to develop new offerings that utilize currently available EDI and GDS data with point-of-sale (POS) data and RFID product movement data to deliver end-to-end visibility of products within the supply chain.
“Utilizing VeriSign Intelligent Supply Chain Services enables RedTail to offer our customers an end-to-end solution that marries EDI, GDS, RFID and POS data into a comprehensive operational dashboard view that provides measurable value to suppliers,” said David Unger, CTO of RedTail Solutions. “Product information captured by RFID needs to be viewed in context of the entire order life cycle and the underlying business processes between suppliers and buyers. Timely and accurate data from the VeriSign platform will allow the RedTail Supply Chain Visibility Portal to do just that.”
VeriSign Intelligent Supply Chain Services provide secure, scalable infrastructure services for critical supply chain data – including POS and RFID – to support the collaboration of global supply chain participants and enable the solutions of their vendors. VeriSign has assumed a leadership role in providing the secure infrastructure necessary to enable global data sharing of POS and RFID data for enhanced visibility in the retail supply chain.
“Companies in the retail industry are increasingly looking to collapse multiple types of data into a single view of supply and demand,” said Jeff Richards, vice president, Intelligent Supply Chain Services, VeriSign. “Our alliance with RedTail Solutions is representative of our ongoing efforts with leading application providers to help enable a comprehensive, actionable, global demand signal to supply chain participants.”
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 300,000 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.
About VeriSign, Inc.
VeriSign, Inc. operates intelligent infrastructure services that enable and protect billions of interactions every day across the world's voice and data networks. Additional news and information about the company is available at www.verisign.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.
CONTACT:
George Cohen
George Cohen Communications
(617) 325-0011
george@gccpr.com
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