
WASHINGTON, DC--(Marketwire - July 13, 2010) - WPC2010 -- GCommerce's Virtual Inventory Cloud (VIC™) will transform the special order cycle, in some cases from 15 minutes to 15 seconds -- a 6,000 percent change. Built to scale rapidly at the industry level, VIC transforms the drop ship special order model for the distribution supply chain. Thanks to new cloud technology, GCommerce today announced at Microsoft's Worldwide Partner Conference (WPC 2010 in Washington, D.C., that major market momentum is aligned behind VIC. Upon the launch of VIC, GCommerce has added some of the most prestigious and well known auto parts industry segments in the world as early adopters, The Automotive Aftermarket Parts Alliance (The Alliance), Federated Auto Parts, Gates, ISN, Tenneco, Lisle, K&N, Transamerican/4 Wheel Parts, and FinishMaster.
GCommerce has launched VIC in the North American automotive aftermarket to automate parts availability inquiries from wholesalers/retailers to manufacturer/suppliers seamlessly through the cloud network. Parts inventory will eventually exceed nine million parts with millions of queries each day. VIC's current virtual inventory consists of more than three million active parts in the cloud across more than 10 market segments that serve thousands of commercial enterprises.
Integrated Supply Network (ISN), one of the largest tool and equipment wholesalers in the nation, did not have an automated model for special orders. The manual process of checking on supplier inventory via phone and websites, coupled with an unstructured ordering process was cumbersome wasted employee time, and lead to lost sales. "Now with VIC, we will see a 100X return on our investment, by creating an end to end special order process with a 1/10th the people, at 1/10th the cost in 1/10th the time," said Pete Weber, Managing Partner at ISN. "We see a huge cost and economic advantage of utilizing a seamless platform to match demand without incurring huge capital outlays." For buyers and suppliers in the automotive aftermarket that do not use VIC, staff spend several hours each day seeking availability and lead times and parts that are not in stock. Compare this to the use of VIC where it takes 15 seconds to determine part availability and place the order.