Retail Eqosystem
Eqos integrates PLM, global sourcing and supplier management processes into a cohesive, feature-rich solution, enabling customers to:
- Reduce operating costs and deliver increased margins
- Speed time to market and reduce markdowns
- Increase brand leverage through private label product development
- Manage product quality and compliance risk
- Establish best practices across retailer and trading partner operations
- Manage trading relationships more effectively
- Monitor and improve supplier performance
- Improve decision making through better business intelligence visibility
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The ‘Retail Eqosystem’, a suite of best practices-based business applications designed to scale private label programs, enables retailers to accelerate time to market, enhance product innovation, improve supplier performance, and ensure product quality and factory compliance. |
Application Modules
Eqos Retail PLM manages the design and commercialization processes while enabling collaboration among designers, merchandisers, buyers and suppliers. It further links the design process, the merchandise plan and sourcing functions together, enabling buyers to monitor the status of new and existing products to meet critical dates such as seasonal launches or promotional events.
Eqos Product Sourcing helps buyers, merchandisers and procurement professionals to more effectively communicate and collaborate with their agents, suppliers and other trading partners. From transmitting Requests for Quotes (RFQs), to evaluating and comparing responses, managing samples and selecting the most appropriate product, the Eqos solution connects all trading partners onto a single technology platform, providing a consistent view of critical sourcing information, enabling retailers to scale their sourcing program and achieve their financial goals.
Eqos Order & Logistics enables retailers to create purchase orders, collaboratively manage amendments and revisions and have full visibility into order, production and logistics processes. Knowing the status of an order or the whereabouts of a container - and being automatically alerted if these critical milestones are in danger of being missed - provides retailers with the ability to effectively resolve issues and keep orders on track.
Eqos Quality & Compliance assists retailers in managing their supplier relationships in a structured and thorough manner, from initial supplier registration to factory audits, corrective action program management, compliance and product testing. This provides a platform for retailers and suppliers to improve not only performance, but also the quality of their relationships and the subsequent ability to collaborate more closely and effectively.
