Patel to Manage Aggressive Growth Plans in North America and Open New Markets in South and Latin America
(GLOUCESTER, MA, FEBRUARY 18, 2010) TradeStone Software, delivering Merchandise Lifecycle Management solutions that unify the design, sourcing, ordering and delivery of private label and branded goods, today announced that Chirag Patel has been named President of the Americas for the Company. In this role Patel will lead TradeStone’s sales and professional services organizations to meet the needs of TradeStone’s rapidly growing prospect and customer base throughout North, South and Latin America.
Patel, a 10 year veteran of merchandising and supply chain technologies previously served as Senior Vice President of Professional Services for TradeStone where he successfully grew revenue and team size by more than 150% while ensuring quality delivery of TradeStone solutions. Patel also defined new business development strategies to introduce innovative methods for services that delivered rapid implementation of TradeStone’s modeled software solutions for apparel, footwear and hardlines retailers and brand companies.
“Chirag’s well deserved promotion is part of our continuing strategy to put in place an executive infrastructure to support our aggressive growth plans by geography and establish TradeStone as a premier provider of merchandise lifecycle management technology for retailers and brand manufacturers,” said Sue Welch, CEO, TradeStone Software. “The decision to have a president in the Americas mirrors the infrastructure we have in place in Europe and will be putting in place in Asia in the near future. It allows us to better focus our customer facing resources relative to sales, services and field support.”
About TradeStone Software, Inc.
TradeStone provides merchandise lifecycle management software that enables the world’s most successful retailers to bring innovative and highly profitable private label products to market at record speeds. TradeStone’s Merchandise Lifecycle Management suite, which consists of PLM for Retail, Global Sourcing, Order Management, Logistics & Finance and Supplier Management, delivers results – 200 to 400 basis points to the bottom line; sales increases of 3 – 6 percent; average consumer spend increases of seven percent; and sell through at margins of 78 percent. TradeStone customers include American Eagle Outfitters, Belk, Boots, Deutsche Woolworth, Guitar Center, Kohl’s, Le Château, Macy’s, NBrown Catalog Company, Pacific Sunwear, Regatta, Shoprite, The Children’s Place, The Gap and Urban Outfitters. TradeStone Software is headquartered in Gloucester, Mass., with offices in Atlanta, New York City, Bangalore, Hong Kong and London. For more information visit www.tradestonesoftware.com.