SAN DIEGO and HONG KONG, June 26, 2018 (GLOBE NEWSWIRE) -- Supply & Demand Chain Executive, the executive’s user manual for successful supply chain transformation, has selected CBX Software as a recipient of an SDCE 100 Award for 2018.
The SDCE 100 is an annual list of 100 great supply chain projects, and CBX Software has been recognized for its joint project with The Warehouse Group. The Warehouse Group, New Zealand's largest retail group, is founded on a vision to create a business that helps New Zealanders flourish, partnered with CBX Software in order to help the retailer improve its retail sourcing and product lifecycle management (Retail PLM) by strong supply chain collaboration that includes, compressing cycle times, improved efficiencies and reduced supply chain costs.
"There are many challenges companies face when trying to manage their supply chain capabilities. A crucial activity for a company is to continue to pursue, develop and implement best practices that leverage well-organized projects that are relevant to strategic objectives. The outcome of these projects provide further insight into the innovation and opportunity for improved operations within supply chains,” says Ronnie Garrett, editor of Supply & Demand Chain Executive.
"We are pleased to have earned a spot on the SDCE 100 for two years in a row. This project in particular reflects the importance of rethinking legacy product lifecycle management (Retail PLM) and supply chain workflow techniques in favor of a web-based online product development, retail sourcing, quality assurance, supplier management and compliance," said Tim Chiu, CBX Software Senior Vice President, Client Services. "By connecting the Warehouse Group’s internal teams and workflow processes to the external global supplier base has created a true, end-to-end, critical path management and workflow experience, all-in-one integrated platform."
The goal of the project was to foster stronger collaboration between The Warehouse Group and its suppliers, resulting in faster speed to market while reducing supply chain costs. Through concerted team efforts, the CBX Solution is now live and supports The Warehouse Group’s central and international retail sourcing, logistics, product development processes including referencing new suppliers and products, managing order follow-up, quality assurance, shipment and payment information throughout the end-to-end product lifecycle.
CBX has become a common service within The Warehouse Group, and facilitates numerous supply chain activities between the company brands, and suppliers, supporting both the trading and direct sourcing supply chains. From implementation to the launch of the CBX platform, The Warehouse Group realized a number of key benefits including:
- Time savings through greater efficiency
- Automation of workflow and sourcing processes
- Labor cost savings through reduction in manual tasks
- Real time visibility into entire sourcing and production workflow
- Improved collaboration internally and with external suppliers
The projects on the SDCE 100 can serve as a map for supply chain executives who are looking for new opportunities to automate, scale and improve operations within their own organization.
About CBX
CBX Software is the world’s leading Total Sourcing Management solution provider from concept to delivery – combining people, processes and solutions. CBX helps retailers and brands streamline product development and sourcing all the way through order, production and delivery. Through innovative Sourcing Management, Product Life-cycle Management (PLM), and Production & Order Management technology solutions, CBX empowers the supply chain network by driving collaboration to over 15,000 retail & supplier partners, and 30,000 users in more than 50 countries. For more information, visit www.cbxsoftware.com
About Supply & Demand Chain Executive
Supply & Demand Chain Executive is the executive’s user manual for successful supply and demand chain transformation, utilizing hard-hitting analysis, viewpoints and unbiased case studies to steer executives and supply management professionals through the complicated, yet critical, world of supply and demand chain enablement to gain competitive advantage. Visit us on the web at www.SDCExec.com.
For further information, please contact:
Mark Hudson, Vice President Global Marketing & Communications
CBX Software
t: +1 617.378.7935