Roles

Achats, Sourcing, Qualité & conformité, Gestion de produit, Technical Product Manager

 

Challenges

  • Standardize the sourcing and Request for Quote (RFQ) process by providing a single solution that connects retailers and suppliers from start to finish
  • Receive estimates on ranges of products from suppliers prior to starting the formal sourcing process to establish landed costs estimations early on
  • Easily compare quotes from sourcing offices, agents and multiple suppliers side-by-side
  • Provide visibility into buying process across categories during the process to show progress throughout a buying season
  • Manage and connect the samples, test products, and capture results with the overall sourcing process in  one place
  • Manage the intent-to-buy process more collaboratively with suppliers

Trace One can help

 

Outmaneuvering the competition requires retailers to be agile enough to source from anywhere and sell anywhere. In addition to understanding the global supplier market, buyers require intuitive tools to solicit quotes from both existing and new suppliers, analyze their responses, and manage key processes such as sampling and product testing against predefined timelines.

Trace One Product Sourcing module provides a web-based interface to manage retailer sourcing activities from RFQ, through cost analysis, sample management, and intent-to-buy. By streamlining the process, buyers, merchants, and sourcing managers are able to more effectively communicate and collaborate with agents, suppliers and other trading partners. From issuing RFQs) to potential suppliers, to evaluating and comparing quotes, product selection, and managing samples, all trading partners are using a single technology platformand, have a consistent view of critical sourcing information, enabling retailers to scale their sourcing program and achieve their financial goals.

Benefits

  • Scalability: Deliver a more efficient operation enabling the scaling of low cost sourcing, and improvement of price, costs and margins. All without additional resources while maintaining or improving quality
  • Standard Processes: Deploy “standard ways of working” to gain efficiencies across buying organizations
  • Better Margins: Strengthen buyers’ ability to negotiate with suppliers by providing better information and comparison between sourcing offices, agents and direct from suppliers
  • Enhance Efficiency: Accelerate sourcing cycles and reduce overall lead times with better management, integration, and visibility of the quoting, sampling and product selection processes
  • Reduce Lead Times: Accelerate sourcing cycles and reduce overall lead times with better management, integration and visibility of the quoting, sampling and product selection processes  
  • New Territories: Remove geographic boundaries by technology enabling global sourcing to effectively “source anywhere and sell anywhere”
  • Increased Transparency: Visibility across the company and the supplier community with a “single source of data”
  • Increased Effectiveness: Better collaboration among buyers, agents, factories, service providers

Features

  • RFQs are issued, responses compared, and notifications and changes centrally maintained, along with reviews, notifications, changes, and approvals
  • Cost Analysis provides visibility and enables the comparison of quote cost elements, including total landed costs
  • Sample Management defines, tracks and monitors the sampling of products against predefined critical path milestones, including test results, notifying relevant users of potential issues
  • Intent-to-Buy enables the retailer and supplier to finalize shipment dates, destinations, prices and quantities of products to be produced and delivered prior to raising a Purchase Order