TIE Kinetix Signs Contract with Weldon Parts for a 100% Cloud-Based Supply Chain
TIE Kinetix, a leader in 100% supply chain digitalization, announced today a new 5-year, $151,000 contract with Weldon Parts, a leading distributor of aftermarket products for the heavy-duty trucking industry. With this investment in TIE Kinetix's FLOW Partner Automation platform, Weldon Parts’ supply chain solution will move 100% to the cloud.
This contract will enable Weldon Parts to optimize their document exchange process and enable them to achieve a fully digital supply chain with TIE Kinetix’s next-generation EDI offerings. The decision to utilize TIE Kinetix’s FLOW Partner Automation Platform – fully integrated with their Infor SX.e environment – will allow Weldon Parts to optimize their business processes. Weldon Parts’ decision to utilize FLOW is a result of TIE Kinetix’s close collaboration with their trading partner and leading independent provider of parts and service to the commercial vehicle aftermarket, HDA Truck Pride. Now, Weldon Parts can digitalize all their business documents seamlessly as a trading partner of HDA Truck Pride with increased security through a global SaaS platform.
Weldon Parts will continue to be able to exchange documents such as purchase orders, order confirmations, packing slips, and invoices – all without interruption. Weldon Parts’ decision to choose TIE Kinetix as their service provider shows the need for companies to rely on secure document exchange solutions that enable them to send and receive documents electronically with trading partners of any size. By using FLOW, Weldon Parts will annually save 4.52 trees, 0.29 tons of CO2, 103 ink cartridges, and 70-90% of energy through the cloud.
Today, TIE Kinetix is proud to offer a solution to Weldon Parts (and all customers) that is hosted in the Microsoft Azure cloud. This ensures the utmost security for Weldon Parts and their trading partners, as well as a lower risk of human error and a more accessible document exchange process for their employees.
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.
For more information please contact:
TIE Kinetix N.V.
Michiel Wolfswinkel (CFO)
De Corridor 5d
3621 ZA Breukelen
T: +31-88-369-8000 (Europe) or 1-800-624-6354 (USA)
E: Michiel.Wolfswinkel@TIEKinetix.com
W: www.TIEKinetix.com
About TIE Kinetix
At TIE Kinetix, we help companies of all sizes achieve their digitalization goals. From 1% to 100% or anywhere in between, our cloud-native FLOW Partner Automation platform is designed to completely eliminate paper from the supply chain, enabling our customers to focus on three corporate initiatives that drive true organizational change: business process efficiency, compliance, and corporate social responsibility (CSR).
We believe that digitalization (not digitization) is the future. We believe in conscious development, and we believe in moving ourselves and our customers forward. More than 2,500 companies have chosen TIE Kinetix to support their EDI, e-invoicing, and general digitalization projects, and we proudly facilitate the exchange of over 81 million documents through FLOW each year—the equivalent of 10,000 trees saved.
Founded in 1987, TIE Kinetix is a public company (Euronext: TIE) with offices in the Netherlands (HQ), France, Germany, Australia, and the United States. For more information, visit www.TIEKinetix.com, and follow us on Linkedin, Twitter, Facebook, Xing, and YouTube.
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