 
Announcing the Apparel Exchange of the future, here today! All registered buyers have access to a pre-qualified community of suppliers, manufacturers and agents worldwide, including a database of more than 2,500 pre-qualified and screened apparel factories in 48 countries. The online interface creates two different sourcing opportunities as well. First, buyers can search through the secure and private Global Apparel Sourcing Network based on their specific garment needs, directly ask questions of suppliers and request samples and competitive bids. If a company has their own supplier network, the customized Private Apparel Sourcing Network allows the company's buyers to move existing sourcing and production capabilities online into its own secure community, and maximize management efficiencies with the online supply chain management tools provided. Financing assistance, online payment and collection processing also are available through Apparel Exchange alliances with such leading financial firms as CIT, and GE Capital. Key partnerships with Vastera and Expeditors International offer buyers complete net calculation of bids, handling of export documents while speeding customs clearance and allowing real-time tracking of key delivery milestones. By shortening the time for sourcing and speeding transaction times, buyers using the Apparel Exchange are able to lower processing costs, increase turnover, and increase profit margins.  |