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IDEA Signs MOU with TradeTech

Nov. 22, 2022

The Industry Data Exchange Association, Inc. (IDEA), the industry-owned technology company and leading provider of electrical product data, announces that it has signed a Memorandum of Understanding (MOU) with software company, TradeTech Solutions. This agreement is intended to finalize an effort to jointly develop a centralized industry portal that will provide real-time order tracking information to authorized distributors and manufacturers' reps.

IDEA says that accessing real-time information on orders can now often be a challenge, and that time is wasted in the industry calling and checking on order status with the manufacturer. A centralized portal would save the industry valuable staff time and increase productivity. “Representatives from NEMA, NAED and NEMRA see value in providing a centralized order tracking portal,” said David Oldfather, president & CEO of IDEA, in a post on IDEA’s website This would enable everyone in the supply chain — including authorized end users — to immediately get their order information from the portal without having to make any calls.”

TradeTech is best known for its TTS Platform, designed to be an all-in-one software for electrical industry manufacturers’ representatives. Collaboration is planned to have IDEA Connector’s product content validate and power the TTS Platform.

For more information, contact Mike Wentz, IDEA's VP of sales and marketing.

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