Eqos 5.0 further simplifies retailers' sourcing processes

13 Mar '09

2 min read

Eqos, a leading provider of on-demand global sourcing and supplier management solutions for the retail supply chain, announced the commercial availability of Eqos Enterprise 5.0. This latest release reduces the costs associated with global sourcing by further streamlining inherently complex processes and improving the productivity of buyers and their extended teams, including agents, factories, and other trading partners.

Acknowledging today's tough economic challenges, Eqos Enterprise 5.0 is focused on helping retailers cut the operating costs associated with the management of private label programs. This new release further standardizes and simplifies the complex international sourcing processes associated with 'own brand' merchandise, beginning with product design, through vendor collaboration, sampling, production, and inspection through delivery to distribution centers.

Enhanced functionality includes:
• New Productivity Menus enable buying teams to better prioritize tasks, more intelligently review responses, and broadcast notifications to suppliers, thereby decreasing the time and effort spent on daily sourcing and supplier activities
• Critical Path Management Enhancements reduce the complexities associated with managing diverse product lines, trading partner relationships and processes
• Improved Process Performance and User Experience with iconographic enhancements, simplified navigation, and an interactive user trail, enabling retailers to increase the volume of imports with current staff levels
• Enhanced Dashboard Capabilities improve visibility across the company and supplier base, enabling decision makers to make more informed choices
• Improved Application Performance to support its user community, keeping pace with new store openings and successful private label programs

"Eqos continues to work with our customers, some of the leading global retailers, to develop innovative solutions that not only address their most critical sourcing and supplier management challenges, but that also enable them to flourish in an ever-increasing competitive business environment" said Jane Biddle, chief marketing officer and vice president U.S. operations. "By proactively participating in our product roadmap process, customers help ensure that Eqos continues to effectively meet their needs today and into the future."

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