TIE Kinetix NV

03/08/2023 | Press release | Distributed by Public on 03/08/2023 01:02

TIE Kinetix Signs Contract with DTLR, Inc. for a 100% Cloud-Based Supply Chain Solution

Breukelen, the Netherlands - March 8, 2023 at 8 AM CEST - TIE Kinetix, a leader in 100% supply chain digitalization, announced today a 5-year, $230,000 contract with DTLR, Inc., one of the country's most successful lifestyle retailers with over 245 stores in 19 states. With this migration to FLOW, DTLR will be able to optimize their document exchange process with a 100% cloud-based EDI solution. Now, they have the resources to achieve a fully digital supply chain with TIE Kinetix's next-generation EDI offering.

The decision to choose TIE Kinetix's FLOW Partner Automation platform for their EDI services provides DTLR with an all-encompassing 100% cloud-based supply chain. DTLR's migration to the FLOW Partner Automation platform includes global mapping adoption, along with more security and efficiency within their day-to-day supply chain processes. With the upgrade to TIE Kinetix's FLOW platform, DTLR can exchange all business documents electronically, with added security and the support of a team of industry experts.

DTLR's choice to use TIE Kinetix as their EDI service provider proves the need for companies to rely on secure documents electronically with trading partners of any size. TIE Kinetix's FLOW solution will enable DTLR to simplify the document exchange process from start to finish.

TIE Kinetix is proud to offer a solution to DTLR (and their supplier ecosystem) that is hosted in the Microsoft Azure cloud. This ensures the utmost security for DTLR and their trading partners, as well as fewer human errors and a more accessible document exchange process. Now that DTLR has chosen TIE Kinetix's cloud-based solution, FLOW, they can be sure that their supply chain is as protected and efficient as possible.

This document may contain expectations about the financial state of affairs and results of the activities of TIE Kinetix as well as certain related plans and objectives, and may be expressed in a variety of ways, such as 'expects', 'projects', 'anticipates', 'intends' or similar words. TIE Kinetix has based these forward-looking statements on its current expectations and projections about future events. Such expectations for the future are naturally associated with risks and uncertainties because they relate to future events, and as such depend on certain circumstances that may not arise in future. Various factors may cause real results and developments to deviate considerably from explicitly or implicitly made statements about future expectations. Such factors may for instance be changes in expenditure by companies in important markets, in statutory changes and changes in financial markets, in the salary levels of employees, in future borrowing costs, in future take-overs or divestitures and the pace of technological developments. TIE Kinetix therefore cannot guarantee that the expectations will be realized. TIE Kinetix also refuses to accept any obligation to update statements made in this document.