Reduce Risks, Costs, Errors and Delays

Product Management

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Challenges and Solutions

Maintaining current and accurate product specification and costing data is a difficult task, especially for global brands and retailers in industries where the products and styles change frequently.

Companies can no longer rely on manually intensive processes to manage product development and disparate communication methods with their trading partners. Exporting and consolidating important data from spreadsheets and emails is time consuming and tedious, adding to an already complicated environment. To make a measurable impact on top and bottom lines, brands and retailers need to implement proactive strategies to collaborate earlier in the product development lifecycle. With a greater focus on rapid product design, collaboration and delivery, retailers can reduce product development cycle times and improve speed-to-market.

Our Product Management solution provides the ability to:

  • Better leverage enterprise data for improved decision-making related to product development, material selection, costing and supplier selection;
  • Ensure that companies track every step of the process and gain access to proactive alerts to potential problems;
  • Build out the Bill of Materials (BOM) with specification management capabilities, manage trim and packaging, and construct product descriptions and detailed instructions;
  • Unify critical product, cost and supplier information to accurately estimate and compare actual, estimated and supplier suggested cost sheet.
Features Benefits
Material Management Manage a material library from conceptual ideas through development and adoption with real-time updates
Maintain multiple cost-effective dates, minimum order requirements and surcharge rules
Track color selection, usage and approval to ensure the consistency of color deliveries
Identify the right material quickly with robust search capabilities
Specification Management Collaborate earlier in the product lifecycle to reduce development and turnaround time
Create products directly within system, from Adobe Illustrator integration or PDM integration
Manage seasonal color palettes to ensure color consistency
Collaborate on BOM definition with vendors for most suitable materials
Apply size ranges with detailed points of measure
Manage sample cycles including prototype, fit and salesman sample
Share tech pack access with vendors in an efficient, reliable platform
Track version history changes

Supply Chain Collaboration

Today, supply chain collaboration between buyers and their overseas vendors is usually conducted with an unending merry-go-round of Excel documents, emails, last minute changes and zero visibility into the real-time status of orders and shipments.

We change that by providing a cloud-based platform that all parties access across the supply chain.

KEY CUSTOMERS

MonsantoAmwayBunzl  

“Automated solutions can improve fragmented and error-prone processes to control buy-side costs, define pricing policies, and prepare and deliver differentiated customer proposals.”

 

AberdeenGroup

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