With worldwide retail sales above US$1 trillion, private label has proven to be a strategy worth sticking with. It helps retailers enhance product differentiation, increase customer loyalty and protect margins. These benefits come with some challenges. Developing the right private label products, producing the right amounts and shipping at the right times leave little room for mistakes. To stay on top of trends and shoppers preferences, retailers work tirelessly with wholesalers, agents and factories around the world to develop private and exclusive brand merchandizes and get them on the shelf at the right time.
Retailers take on inventory risks. Too much under performing inventory is bad, but a shortage of performing inventory can be worse. The key is to compress lead-times and place more frequent but smaller orders. This translate to significantly more orders to manage and more work for everyone considering that today the majority of product development processes are still manually executed and managed through the telephone, paper/fax, spreadsheet and email.
CBX PLM is the solution.
Adopted by leading retailers and brand manufacturers, CBX PLM is a comprehensive product lifecycle management (PLM) system. From product concept to sample development, from costing to order confirmation, CBX PLM enables all parties to work cohesively as an integrated team. CBX PLM automates business processes and streamlines collaboration within your organization and with your suppliers.
CBX PLM speeds up decision making by offering real time visibility that puts everyone on the same page. All pertinent information - product specification, customer, vendor, compliance, material, fabric, component and cost - are captured, communicated and shared through a central integrated system, accessible anywhere over the internet with a simple web browser.
On top of CBX PLM, Core Solutions offers CBX Sourcing system and CBX Vendor Portal service that help you manage your end to end supply chain without skipping a beat.
The CBX suite - CBX PLM, CBX Sourcing, CBX Vendor Portal and CBX Connect - is the most powerful set of global sourcing software and services to help retailers, wholesalers and branded manufacturers streamline Product Development, Sourcing, Order Management, Production Management, Quality Management, Logistics and Finance.
CBX PLM modules include:
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International: +852.2378.6300