Since most retailers operate in an environment of rapidly changing consumer trends and competitive margins, the consequences of late delivery can result in poor sales and a negative impact to a retailer’s bottom line. As global logistics increases in complexity, retailers today need to manage a number of internal and external variables in the shipping process, including orders, suppliers, 3PL’s warehouses, and Electronic Data Interchange (EDI). Effective logistics management is an increasingly important competitive driver for retailers striving to balance lean supply chains, product innovation and delivery.
Once a product is specified, sourced and the order is created, CBX Logistics supports retailers in ensuring on-time delivery with full-visibility into the product’s location in the supply chain. The shipping team, buyers and merchants then rely on CBX Logistics for a complete view of the product in transit.
The CBX Logistics provides a single solution integrating all of the activities with the sourcing and ordering process, including advance ship notices, packing lists, compliant labeling, shipping status, and invoices. Coupled with real time tracking enabling retailers to pinpoint the exact location of their goods, the supply chain team can forecast whether any late shipments would occur and determine alternative action plans.
CBX Shipping Key Functions and Features:
- Forecast delivery times
- Create vendor packing and Advanced Shipment Notices
- Enable standardized carton labeling allowing vendors to print a UCC-128 barcode label
- Receive data feed from freight forwarders
- Enable track and trace for location and status of goods
- Manage and display a detailed history of any changes
- Enable Automatic Critical Path updating of shipment status
- Incorporate automatic integration with financial settlement
- Collaborate and communicate throughout the shipping process with various stake holders
CBX Shipping Benefits:
- Reduced lead times through a streamlined order, production and logistics process
- Delivery problems and delays are minimized
- Retailers and suppliers are able to track the product’s location in real time
- Invoice reconciliation becomes indisputable with greater ability to match actual deliveries with orders
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