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Home \ Our Company \ News \ Press Release |
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WALGREENS SELECTS COMMERCEHUB TO ELECTRONICALLY INTEGRATE ITS SUPPLIERS AND TO MANAGE ITS DROP-SHIP FULFILLMENT PROGRAM
ALBANY, NY - November 11, 2004 - CommerceHub, the standard in drop-ship fulfillment solutions for multi-channel merchants, today announced that Walgreens, the nation's largest drugstore chain, will use its platform and applications to integrate and expand its drop-ship supplier network. Walgreens joins CommerceHub's rapidly growing network of the world's leading merchants, which include QVC, Target, Sears, Staples, ShopNBC, Costco and Federated, among others.
CommerceHub's Universal Connection Hub platform, the industry's leading drop-ship fulfillment solution, will enable Walgreens to rapidly integrate new suppliers and expand product offerings for its on-line business without the costs and technical challenges typically associated with connecting disparate trading partners. Further, CommerceHub's Drop-Ship Master application will provide Walgreens with complete visibility into orders from point of sale through delivery, as well as exception-based management to ensure superior customer service. By using the CommerceHub platform, Walgreens will be able to achieve the same levels of brand management, fulfillment performance and levels of customer service as if it were shipping the products directly from its own warehouse.
"We are excited to partner with Walgreens to integrate and manage their drop-ship supplier network," said Frank Poore, President and CEO of CommerceHub. "By working with the nation's largest drugstore chain, we will help Walgreens achieve its key objectives while expanding our role as the industry leader in supply chain integration and management."
About CommerceHub
CommerceHub is the standard in drop-ship fulfillment and provides solutions for many of the world's leading multi-channel merchants including QVC, Target, Sears, Staples, ShopNBC, Costco and Federated, among others. By providing a single plug-and-play connection to multiple trading partners, CommerceHub enables any retailer to electronically integrate with its suppliers, regardless of the unique systems and capabilities that exist among them. CommerceHub's applications enable retailers to gain real-time visibility into their entire supply chain to ensure the proper delivery of goods under a variety of fulfillment models. In addition, the applications enable merchants to rapidly expand product offerings, preserve brand identity, and manage, analyze, and deliver comprehensive order information to their customers, all with no inventory risk. World class merchants and suppliers have chosen CommerceHub to increase speed to market, grow sales, reduce expenses, and enhance customer service by improving supply chain performance.
About WALGREENS
Walgreen Co. (NYSE, NASDAQ: WAG) is the nation's largest drugstore chain with fiscal 2004 sales of $37.5 billion. The company operates 4,595 stores in 44 states and Puerto Rico, in addition to Walgreens Health Initiatives, which provides pharmacy benefits management, mail service prescriptions and other clinical services.
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