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(AFX UK Focus) 2009-04-09 09:44
LMS Capital wins order from Sainsbury's
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  • SAYS INVESTEE COMPANY WESUPPLY WINS ORDER
    * Wesupply to provide B2B services for 4000 suppliers
    * Wesupply to work with IBM for Sainsbury's
    April 9 (Reuters) - Investment firm LMS Capital Plc said on Thursday supermarket group J Sainsbury Plc has selected LMS' investee company Wesupply as the business-to-business (B2B) platform for connectivity to its 4,000 suppliers.
    LMS, which did not disclose the financial terms of the deal, said Wesupply will work with IBM to provide outsourcing services to Sainsbury's, and upgrade existing supplier connections.

    "By selecting Wesupply, Sainsbury's will not only consolidate onto a single B2B platform but significantly improve visibility into critical supply chain processes," LMS said in a statement.
    The platform will enable Sainsbury's to integrate with supplier back-office systems, provide checking and validation of content against business rules of all messages exchanged between Sainsbury's and suppliers and will generate alerts in the event of errors or delays, it said.
    Wesupply provides B2B integration and supply chain collaboration services for retailers and manufacturers. Some of its customers include Alstom Transport, Lear Corp and Cummins.

    (Reporting by Kumar Alagappan in Bangalore; Editing by Himani Sarkar) Keywords: LMSCAPITAL/ORDER (kumar.alagappan@thomsonreuters.com; +44 20 75427717; Reuters Messaging: kumar.alagappan@thomsonreuters.com)

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