Supply Chain Collaboration Education Series for apparel sector
01 Apr '11
2 min read
ecVision, a leading provider of supply chain collaboration solutions for brands and retailers, launched the next podcast and whitepaper in its educational series that revolves around the major issues facing the apparel and footwear industry titled, "Harnessing Buying Power: A Lesson to Learn During a Material Crisis".
"The next broadcast in our series discusses the current global, political and geo-climactic issues that are having a profound effect on raw material pricing and availability, especially cotton," said Gary Barraco, Director of Product Marketing for ecVision.
"Private label brands, manufacturers, and retailers are faced with many challenges as they work to stay in control of cost of goods sold. Our technology solutions address best practices and processes that provide a means of proactively managing the material design and sourcing techniques through a collaborative platform that involves tier 1 and 2 suppliers. The potential return on investment for brands can equal as much as 80% reduction in shelf price by grouping material orders to order across multiple styles or categories."
By leveraging the capabilities in ecVision B2B Portal, material managers can take position directly with material suppliers, agents or factories to ensure availability and price, the two characteristics that have the greatest fluctuation. ecVision's solutions address the growing demand from the retail market for a supply chain collaboration platform that encompasses activities from product design, development, sourcing, production, quality and shipment.
Each podcast within the Supply Chain Collaboration series is about 10 minutes in length, providing a brief overview of the issue and best practice approaches. A corresponding whitepaper provides an expanded perspective for each recording. The topics encompass supplier risk mitigation, raw material management, collaborative processes, and technology trends that are intended to optimize supply chain efficiency.
ecVision provides supply chain collaboration solutions that connect private label brands and retailers with their trading partner community. The ecVision B2B Portal provides visibility and facilitates collaboration across the total product lifecycle from design to delivery. The cloud-based platform helps best-in-class retailers streamline their global sourcing operations resulting in improved speed to market, minimized supplier risk, and higher margins.