Like
your car before it has been well-tuned, it's
probable that your supply chain also is not operating
at its highest efficiency right now to bring
the highest possible margin. Your company's supply
chain scenario, like those of many others, might
be piled high with products, suppliers and trading
partners that are reducing the effectiveness
of its strategy. Even though you and your team
are working hard to manage at peak effectiveness,
it is likely that the key metrics – on-time delivery,
order
lead time, and ability to react to consumer
trends – tend to slip.
Today, retailers sourcing from low-cost countries
need to implement technology tools to help manage
the entire product lifecycle and supply chain,
thus ensuring their success. These solutions enable
dramatic improvements by improving collaboration
among various and distinct internal and external
groups, standardizing processes and documents,
and acting as a central knowledge base to store
and share all related data that provides visibility
into the supply chain process.
According to AMR Research, apparel and brand manufacturers
need a technology solution that integrates an array
of tool sets “across a single platform to orchestrate
the complex business
processes rapidly and efficiently across a globally
distributed network.” Armed with
a solution at this level of sophistication, the
result is faster time to market, lower product
cost, and improved design – the coveted brass ring
in supply chain management. Also, the Aberdeen
Group conducted similar studies that states that
“little doubt” exists that technology is helping
fashion, apparel, and footwear companies become
more agile and meet the challenges of their markets.
The fully-integrated, web-based suite of functionality
found in XpressCommerce, a leading edge solution,
engages the entire supply chain by creating a
direct, efficient connection between product
development,
procurement and suppliers to support better cost
management throughout the entire product lifecycle
process.