Eqos to Discuss Retailer Risk Mitigation Sourcing Strategies at NRF
Chris Foulkes, co-founder and Eqos chief product officer, to discuss how leading retailers are deploying best practices for global sourcing
Burlington, Mass. – Dec. 07, 2007 - Eqos Ltd. (www.eqos.com), provider of on-demand PLM, global sourcing, and supplier management solutions for the retail supply chain, today announced that the company's co-founder and chief product officer, Chris Foulkes, will be presenting 'Sourcing Product or Sourcing Risk' at the National Retail Federation's (NRF) Annual Convention & Expo.
"Retailers are acutely aware of consumers' increasing demands for ethically-sourced, safe products," said Foulkes. "Sourcing from low-cost countries is today's obvious choice; retailers are finding that an evolving global landscape and regulatory requirements present new opportunities for growing brands and revenues, meeting consumer demands, and gaining the competitive advantage. But realizing and optimizing these possibilities requires leveraging strategies and tools that improve visibility, control, collaboration and accountability throughout the entire global supply network."
Foulkes' discussion will cover the following sourcing and risk topics to help retailers:
- Keep track of numerous distant suppliers and their factory practices;
- Monitor product quality and manage the ethical impact while growing product lines and improving speed to market;
- Ensure buying teams work with suppliers who use safe materials and comply with ethical policies and standards consumers expect;
- Gain piece of mind knowing they can prove compliance if necessary.
The 30-minute presentation will take place at 4:45pm EST on Monday, January 14 in room number 3D05 in the NRF Expo Hall at Jacob K. Javits Convention Center, New York City. For more information, or to schedule an interview with Foulkes, please contact Dayna Guzik, dguzik@dprgroup.com.
Additionally, Eqos will demonstrate key capabilities in this area at NRF Booth #354. Please contact Lesley Mace, lesley.mace@eqos.com, to schedule a session to learn more about how Eqos solutions support:
- Product testing and sample management
- Ethical sourcing transparency
- Strategic and regulatory consumer product safety compliance
About Eqos
Eqos is a leading provider of PLM, global sourcing, and supplier management solutions for the retail supply chain. Eqos on-demand software enables retailers to work collaboratively with trading partners to enhance product innovation, improve supplier performance, accelerate time-to-market, and ensure product quality and factory compliance. By layering over existing applications, Eqos facilitates cross-enterprise, streamlined collaborative processes between retailers, sourcing offices, agents, factories, suppliers, and third party service providers. The definitive solution for multi-category retail segments, including apparel, grocery and general merchandise segments, Eqos supports millions of transactions daily for 15,000 users, managing more than $50 billion in inventory for the world's largest, most recognized global retailers. Customers include Best Buy, Edcon, H-E-B, Sainsbury's and Tesco. Founded in 1997, the company has offices in Boston, London and Hong Kong. More information can be found at www.eqos.com.
For further information, please contact:
Dayna Guzik, DPR Group Inc, USA
Tel: +1 919 678 9200
E-mail: dguzik@dprgroup.com
