05 August 2008, Hong Kong - Core Solutions, the leader in Global Sourcing and Vendor Collaboration solutions, is pleased to announce that Newtimes Group (“Newtimes”), one of the world’s largest providers of sourcing, product development and supply chain management services for apparel and home products, has gone live with Core Solution’s CBX Sourcing platform to improve operational efficiency and enhance the customer service experience.
Newtimes is a full service supply chain manager that assists its customers in product development, sourcing, quality assurance, compliance and logistics. Now, with 1,500 people in 35 sourcing offices and quality assurance hubs across Asia, Newtimes services more than 100 leading apparel brands from the North, Central and South America, as well as Europe. Newtimes fulfills thousands of customer requests each day.
In 2007, Newtimes engaged Core Solutions to implement a system which would enable Newtimes to increase productivity and improve workflow with its customers. Today, CBX Sourcing is used by Newtimes employees to track and manage every step of the pre-order and post-order process. – from lab dip to wash, from costing to commitment. Newtimes can leverage CBX Sourcing’s state-of-the-art functions that help users manage product information, track work-in-progress, collaborate with vendors, automate tasks and obtain real-time visibility along each step of the supply chain.
“Implementing a system that could comprehensively tackle our unique needs wasn’t easy. It took a lot of commitment and hard work,” said George Ling, Chairman of Newtimes Group of Companies. Standardizing workflows and procedures was one of the greatest challenges during the planning phase. “Prior to the system’s implementation, we did things the traditional way – with spreadsheets and emails. CBX Sourcing is changing all that,” Added Alex Angelchik, President of Newtimes Development: “Virtually every piece of information can now be managed centrally in the system and is available to all our people from anywhere in world, in a consistent, logical and accessible manner. We are working faster and smarter now. As a result, the payback is huge.”
In addition to streamlining operations, CBX Sourcing helps Newtimes’ sourcing executives support its customers. In the past, Newtimes’ sourcing staff spent up to 25% of their workday just to manually re-key information, collate and compare data to create reports for each customer. With CBX Sourcing, the system automatically provides status updates and generates these reports to each customer’s requirements.
"CBX Sourcing helps Newtimes Group improve its internal sourcing practices by ensuring that everyone is on the same page while the system tracks and automates a wide range of business processes. Newtimes now have the ability to effectively respond to more customer requests in a shorter time," said Michael Hung, CEO of Core Solutions. "This is testament to why CBX Sourcing is being adopted by an increasing number of companies' intent on increasing corporate growth without increasing company headcount."
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Newtimes Group is one of Asia's largest sourcing and supply chain management companies of apparel and home products, with 35 offices and quality assurance hubs in Asia, Indian sub-continent and the Middle East. The Group is focused on providing complete satisfaction by achieving the most competitive price, high quality and punctual delivery of merchandise. Their staff is tenaciously dedicated to the achievement of the group's heritage to accomplish the 'mission impossible'. For more information, visit
Core Solutions is a leading provider of global sourcing and vendor collaboration solutions. Core Solutions is the only solution provider that helps both buyers and sellers streamline business processes across the end-to-end sourcing lifecycle - from product development to costing, from QA to QC, from order to payment.
Core Solutions offers a powerful set of electronic and web-based solutions that dramatically improve Product Lifecycle Management, Global Sourcing Management, Global Vendor Automation and Supply Chain Collaboration processes. Leading retailers, wholesalers, brand manufacturers and thousands of vendors around the world use Core Solutions' software and services daily to coordinate activities, synchronize data, increase visibility and eliminate manual processes. For more information, visit
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