CBX Software announced today that they had been named to the list of the 30 fastest growing companies in Asia by The Silicon Review.
The Silicon Review recognized CBX software for its year over year growth and expansion of retail sourcing automation through web based purchasing, retail sourcing and supply chain automation of consumer product goods. Retail organizations have invested a significant amount of time, energy and resources attempting to enhance the identification and supplier selection and the associated purchasing process which has resulted in a tremendous uptick in CBX customer acquisitions.
Michael Hung, CEO of CBX Software says, “Consumers are increasingly demanding and trends are constantly changing; staying competitive means finding ways to quickly match demand by developing, sourcing, and bringing products through the supply chain much faster.” Michael continued to say, “CBX is the only solution of its kind to combine retail Product Lifecycle Management (Retail PLM) with Retail Sourcing and Supply Chain Management (SCM) to offer a true, end-to-end, critical path management and workflow experience, all-in-one integrated platform”.
This attention to the market pains has enabled CBX to expand their market share by helping to scale retail private label operations for many large global retailers. In today’s competitive landscape that demands increased visibility and control of the retail product lifecycle, CBX Software delivers solutions to the time sensitive needs of retailers and consumers who demand lower prices, better quality and increased levels of product variety. Meeting consumer expectations are a key component for all global retailers looking to expand their private label business.
“We are extremely honored to receive this recognition by The Silicon Review” said Eric Linxwiler, SVP, Americas of CBX Software. This recognition also reflects the dedication and commitment of both the CBX team, who have worked tirelessly to create the best strategic sourcing software in the retail industry as well as our clients who we work closely with as partners to achieve their total sourcing management strategic objectives.”
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