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Article: Charming Shoppes Tries DAVACO Sourcing on for Size; Specialty Apparel Retailer to Deploy DAVACO's Online Procurement Services.
- Article from:
- Business Wire
- Article date:
- September 13, 2004
CopyrightCOPYRIGHT 2004 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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DALLAS -- DAVACO Sourcing, Inc., an online sourcing provider, announced Charming Shoppes, Inc. (Nasdaq:CHRS), a leading retail chain specializing in women's plus-size apparel, signed a one-year agreement with DAVACO Sourcing to manage its upcoming programs for online negotiation of products in various key procurement categories.
According to Jon Goldberg, Vice President of Procurement & Facilities for Charming Shoppes, the retailer was familiar with online negotiations but had never used the services. As the company considered strategic initiatives to help with overall cost reduction, e-sourcing became an obvious solution.
"Consistent with our ongoing ...