CIMdata PLM Industry Summary Online Archive
25 January 2011
Product News
ecVision's B2B Supply Chain Collaboration Capabilities Focus on Suppliers
Retailers are heaving a sigh of relief after the 2010 holiday shopping season ended on an upbeat note, but optimism still looms as costs are still higher than average for material, labor and transportation -- the three main tenets for meeting price margins. The best course of action is to introduce collaborative practices throughout the entire supply channel, starting with supplier community. With its enhanced technology platform for B2B collaboration, ecVision is making it simple for retailers to keep the momentum rolling and gain the competitive edge.
ecVision's customers have seen results through collaboration and visibility tools -- some realizing measurable margin growth. "The concept of Collaborative Planning, Forecasting and Replenishment (CPFR), with its roots dating back nearly 20 years to the retail giant Wal-Mart, is the basis of our advanced solutions for 2011," says Gary Barraco, director of product marketing for ecVision. "Supply chain complexity and globalization is forcing retailers to work more closely with suppliers to maintain competitive advantage. Supplier relationships need to be built on joint communication flow and mutual benefit to all parties."
ecVision's B2B Portal differentiates from other supply chain products in two primary ways; first by focusing on collaboration during product design and development, a strategy outside of the norm for typical PLM solutions; and then by providing the ability to reach deeper into the supply network to encompass raw material manufacturers, service providers, vendors, and factories.
In a December 2010 report Citibank's Deborah Weinswig noted that retailers that process changes "can expect to realize a 20-50% reduction in cycle times." The process changes Weinswig refers to in her report include fabric pre-positioning, sample management, and production diversification -- all capabilities in ecVision B2B Portal.
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