JumpTech Releases Upgrade for JumpCart, Its Cloud-Based Replenishment Tool

St. Paul, Minn—Aug. 12, 2010—Jump Technologies, Inc. (JumpTech™) (http://www.jumptech.com) a developer of cloud-based replenishment and inventory management applications for supplies and parts distributors and dealers, today announced the release of a customer-influenced upgrade of JumpCart™, its flagship cloud-based order management tool.

JumpCart allows customers who want to order parts and/or supplies to scan and automatically upload orders to JumpCart’s cloud-based order processing site. The dealer simply provides its customers a compact bar code scanner to scan product labels, custom catalogs or their main general line catalog. Orders then flow into the dealer’s eCommerce site.

In a competitive market where there is little loyalty and increasing downward pressure on prices, dealers are using JumpCart to differentiate themselves from the competition and win new business, while increasing margins and building customer loyalty.

John Freund, CEO of JumpTech, said that the key innovations in JumpCart’s latest release include an improved user interface that can be accessed by any web browser, including Internet Explorer, Firefox, Safari and Google Chrome.

«We’re committed to using the feedback from our customers to fuel the innovation of our products,” said Freund. “We regularly hear stories about how JumpCart helps dealers lock in more sales from current customers, land new larger accounts and reduce customer service costs.”

Because JumpCart makes ordering supplies and parts so easy, customers are more likely to consolidate their purchases with dealers that offer this innovative tool, according to Freund.

“Some of our dealers and distributors have reported using JumpCart to grow existing account revenue by as much as 60 percent,” Freund said. “The custom marketing tools included with JumpCart allow dealers to drive customers toward products with the highest profit margins, while at the same time creating greater value for their customers.”

Freund said that dealers and distributors have reported margin growth as high as 50 percent using JumpCart, because they drive customers to their eCommerce channel where the ordering cost is far less expensive than using sales reps or the customer service department. JumpCart also increases order accuracy; dealers and distributors have reported that the rate of returns has dropped by as much as 90 percent in accounts using JumpCart.

JumpTech’s replenishment and inventory management tool, JumpCart, allows customers who want to order parts and/or supplies to scan and automatically upload orders to JumpCart’s cloud-based order processing site, which then submits the order directly to the dealer’s eCommerce site. The dealer simply provides its customers the compact bar code scanner to scan product labels, custom catalogs or their main general line catalog.

In a competitive market where there is little loyalty and increasing downward pressure on prices, dealers are using JumpCart to differentiate themselves from their competition, increase order accuracy, decrease the rate of returns, and improve customer service. The result is growth in revenues, profit margins and customer loyalty for the dealer.

About JumpTech
Jump Technologies, Inc. (http://www.jumptech.com) was founded in 1999 and is located in St. Paul, Minn. The company develops technologies for supplies and parts distributors and dealers that improve their customers’ experience and increase their loyalty, while lowering the cost of serving those customers. Its products make the ordering, inventorying, and tracking of supplies and parts simple, efficient, and affordable for their customers.

JumpTech’s flagship product, JumpCart™, is a replenishment tool that dealers and distributors give to their customers to make the ordering and management of supplies, parts, and other products easier, faster, and cheaper.

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