With an increasingly high growth rate and volume of new product introductions, managing the retail supply chain has become increasingly stressful and challenging. As a growing number of products are imported from overseas it is critical to keep lead times and delays to a minimum. Products need to be available on shelves when customers want them, reducing the possibility of lost sales or high markdowns. Retailers are also looking to emerging markets to expand top line revenues as home markets become overcrowded and require an integrated ordering system for all their markets.
CBX Global Order kicks in once products are designed, suppliers shortlisted and buyers ready to commit to production. The system is designed with a progressive architecture taking into account that an order is built-up over time and has multiple stages. Decisions such as color, style, quantity, and selling location are finalized at different times in the lifecycle. The goal is to delay key decisions as much as possible to better match forecasts and actual production to closely match what consumers want.
Through CBX Global Order retailers can create purchase orders, collaboratively manage revisions and have full visibility into order, production and logistics processes, bringing them closer to the goal of a perfect order. Having full visibility into the status of an order, with automatic alerts if critical milestones are threatened, provides retailers with the ability to effectively resolve issues and keep thousands of orders on track for on-time delivery. No matter where the order originates, CBX’s single order system allows products to be shipped directly to a retailer’s sale market.
CBX Global Order supports multiple order types, including:
- Domestic order
- Import order (commitment order, master order, shipment order, market order)
- Material order (fabric, trim,or component order)
- Replenishment order
CBX Global Order Management Key Functions and Features:
- Manage order creation progressively
- Support multiple items, multiple shipment dates and multiple markets
- Operate a single architecture for domestic orders, import orders, and re-orders
- Facilitate material and component orders
- Ensure real-time visibility and order tracking
- Match industry standards with ability to integrate with EDI tools
- Support order change management
- Provide a detail history of any changes
- Collaborate and communicate with various stake holders throughout the global order process
CBX Global Order Management Benefits:
- Improved communication and collaboration with buying, sourcing, and vendors
- Creates the perfect order
- Accelerates order processing
- Increased order and shipment accuracy
- Matches demand with supply chain
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