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Eqos FastTrack
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At Eqos we know that retailers of all sizes need to be able to compete side by side with the major players. We also know how difficult that can be when the playing field isn't always level. So we developed FastTrack, a low-cost, web-based solution, simple yet powerful, designed to help you streamline the day to day activities of buyers and manage the complexities of local and global sourcing, either through agents or direct with factories.
Your FastTrack to global sourcing success
'Eqos FastTrack' is a sourcing solution designed for organizations looking to streamline their operations and automate their sourcing processes within a very short time period. Industry practices are embedded within this simplified and intuitive web-based solution.
FastTrack gives you:
- An 'all in one' solution that is ready to go live in 30 days - software, deployment, hosting and support is bundled into one simple package
- A streamlined solution that reflects industry best practices
- A web-based, hosted solution that removes the need for additional resources or IT assistance
- A pre-configured solution containing industry data (e.g. country codes, port codes, INCO terms, etc )
- Standard API's for data interchange (including Microsoft Excel)
- A simple, all-inclusive pricing model with no retailer IT overhead or capital expenditure required.
- The ability to deliver better margins, decrease product lead times, reduce the risk of non-compliance, and build the infrastructure from which to grow private label business?
FastTrack enables you to:
- Adopt web-based standard sourcing processes, reducing the need for spreadsheets, emails and faxes
- Standardize sourcing processes end-to-end across multiple categories
- Manage communications across time zones
- Broadcast, track and compare suppliers' online quote responses in real-time
- Centralize information to provide internal stakeholders and strategic suppliers to access 'one version' of each RFQ to avoid duplication, errors and inconsistencies
- Simplify quality and compliance recording and monitoring with product testing and supplier information features
- Gain visibility and control across the sourcing lifecycle through critical path management
- Monitor progress of sourcing activities via a pre-defined dashboard that proactively tracks the sourcing process, delivering alerts and updates to your desktop
- Capture cost components to give a detailed understanding of total landed cost
- Improve accountability with dedicated sourcing specific reports
- Integrate multi-channel merchandising with the global sourcing process
- Reduce the risk of non-compliance by providing an up-to-date 'single version of the truth' of the product specifications to buyers, designers, suppliers
- Reduce overall sourcing lead time by standardizing processes, progressing to plan, managing tasks simultaneously, proactively identifying and correcting issues
- Adopt 'best practices' established by sourcing leaders
Eqos leverages its professional services team and strategic partners to deliver the industry expertise and customer experience required to help you transition smoothly into the FastTrack environment.