Optum Unveils Tradestream For Collaborative Fulfillment Steve McVey - July 20, 2000
Event Summary
Supply chain execution vendor, Optum, Inc., recently released TradeStream, a new Internet application that is intended to provide customers and suppliers with the means to eliminate excess inventory and increase working capital. The application leverages the web to tie together existing transactional systems to capture, coordinate and manage product inventory information throughout an enterprise and its suppliers, distributors and customers. TradeStream aggregates fulfillment data and processes across enterprises in real time, removing barriers to visibility so companies can trade information for inventory. According to Optum, 'this allows companies to best deploy product and other resources (wherever they are - whether the company owns them or not) to meet customer demand.'..
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