Supplier Management

Supplier performance has a direct impact on a retailer’s ability to deliver the best possible product offering, on time consistently. In addition to requirements on vendors in the production and order process, retailers and brands need to set strict requirements for compliance of product quality and social issues such as worker conditions. As standards rise and the number of issues to track increases, the complexity of tracking and need to ensure targets are achieved also increases.

Effectively managing a large number of geographically dispersed vendors requires consistent processes that support regular communications and enable collaborative relationships over time. CBX Supplier Management solutions allow retailers and brands to effectively track vendor and factory performance and ensure social and technical compliance.

CBX Supplier Management provides increased visibility and collaboration with trading partners to improve vendor performance and the quality of relationships. The solution puts checks and balances in the system with alerts raised if issues arise. By catching and addressing vendor issues prior to product delivery, problems are prevented from compounding. The result for retailers and brands is they don’t need to worry about product quality or social compliance issues reaching the customer.

CBX Supplier Management Key Functions and Features:

• Facilitate supplier set up via an easily accessible web-based interface
• Connects vendor and factory relationships
• Capture all terms and conditions agreed with vendors into effective contracts
• Ensure smooth and consistent exchange of mission critical information
• Capture vendor performance history and a view of all transactions with that vendor
• Gain insight through vendor scorecards using KPI indicators

CBX Supplier Management Benefits:

• Scales the onboarding of thousands of vendors
• Increased visibility into vendor quality and compliance issues
• Early prevention of problems before they reach the consumer and cost more money
• Freedom for retailer/brand to focus on their core function and not worry about vendor compliance