Tractor Supply Company has selected the CBX Cloud platform to streamline global product development, sourcing operations and vendor collaboration.
Tractor Supply Company (also referred to as TSC) owns and operates over 1,600 stores in 49 states supplying basic maintenance products to home, land, pet and animal owners. With a focus to scale private label, increase digital sales and enhance the customer experience, the company was seeking a solution to electronically bridge the gap between Product Lifecycle Management (PLM) and their existing Product Information Management (PIM) system, to allow complete data accuracy in all channels of the business. The CBX platform will benefit members across several departments including product development, merchandising, sourcing, master data management, as well as the extended vendor community.
"With the growth of our private label assortments, we're excited to have the CBX platform be the system of record, to simplify and automate our product development and sourcing operations resulting in a smarter supply chain for product development, vendor collaboration and quotation, all the way to a final vendor commitment," said, Ken Strait - Tractor Supply Company Vice President, Product Development and Strategic Sourcing.
To ensure rapid adoption and time-to-value, Tractor Supply will implement the CBX platform out of the box configuration designed for General Merchandise and Do-it-Yourself (DIY) retailers. CBX allows Tractor Supply to dynamically track the product development critical path, resulting in a faster more robust supply chain, saving hours of manual data entry and eliminating the sending/tracking of Excel attachments through multiple emails.
"Speed to market and data accuracy are both key factors in today's retail landscape. Utilizing the CBX platform, key product data and attributes are available much earlier in the planning and design phases. Data flows electronically into the PIM system leaving Tractor Supply with no data entry and no redundancy which ultimately compresses the supply chain ensuring products to become available to customers faster," says Eric Linxwiler, CBX Software Senior Vice President, Americas.