Potter explains, as the financial squeeze continues, successful wholesalers must not only reduce costs but exploit collaborative, streamlined processes and improved business intelligence to provide retail customers with a clear edge through effective pricing, excellent service and strong brand value.
The latest eBook from the fashion and apparel software specialist offers a best practice guide for wholesalers looking to transform supply chain efficiency, in turn reducing costs and improving critical turnaround times.
Commenting on the importance of implementing a wholesale ERP process, Potter says, "With growing numbers of wholesalers embarking upon both franchise operations and their own retail outlets, warehouse best practice has become critical. One example of best practice is to combine scanning technologies with a single source of stock information to provide up to date information regarding stock location."
Potter continues, "Through creating a streamlined business that enables rapid product refresh, on time deliveries and exploits the proven success of key members of the design team, a wholesaler can not only take cost and risk out of the business but build on its corporate strength to add value to the offer and provide a differential for retailers in what continues to be a tough trading environment."
Headquartered in Montreal, Canada, Momentis is a global provider of software for fashion and apparel wholesalers, importers, manufacturers, franchisees and self-sourcing retailers.
Through its partnerships and alliances with a select group of industry-leading companies that provide complementary technologies, products, and services, Momentis provides a complete product portfolio to customers worldwide.
The company has been specialising in ERP Apparel, Wholesale, Sourcing, Product Lifecycle Management and Franchisee Management products since 1975.
In 2012, Momentis established a presence in Europe, opening an office in Central London, UK and Momentis now supports over 250 brands worldwide. Momentis calculates that over $7.5 billion of sales are transacted through Momentis software every year in over 60 different countries, across North America, Europe and Asia-Pacific.
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