Trace One News

Trace One and Mintec Announce Partnership for Global Ingredient Price Distribution

Mintec will join the Trace One global community of brand owners, which will make their trusted food and ingredient data available for users to access through the Trace One collaborative platform data.

Trace One News

Launch of Trace One E-Sourcing Will Boost Retailers’ Private Label Speed to Market

For resilience in retail’s complex, constantly-evolving environment, Trace One E-Sourcing extends digital best practices across all stages of the product lifecycle to help brand owners thrive by maximizing their process efficiency.

CSR & Sustainability

How to leverage your store brands to achieve your CSR objectives?

Corporate responsibility and sustainability initiatives are no longer nice-to-have programs – they have become business requirements to help retailers compete effectively for conscious consumers’ wallets. So, what exactly to consumers expect and what can retailers to do adhere to their expectations?

Private Label

Private Label Opportunities and Risk

The retail landscape is almost unrecognizable today compared with ten years ago. Consumers have experienced a decade of extreme change from global downturns which shook trust, to the mobilization of information and then social media. All these things have profoundly changed behavior.

Event

3rd Food Safety & Quality Summit, Düsseldorf, Germany: October 13-14, 2020

Trace One, Platinum Sponsor of the 3rd Annual Food Safety & Quality Summit! This year’s edition of the Summit will address issues in food technology, packaging and labelling, as well as food laws and regulations. 

Launch of Trace One E-Sourcing Will Boost Retailers’ Private Label Speed to Market New product sourcing and RFX solution improves time savings, top line
& competitiveness

For resilience in retail’s complex, constantly-evolving environment, Trace One E-Sourcing extends digital best practices across all stages of the product lifecycle to help brand owners thrive by maximizing their process efficiency.

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3 min read time

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[PARIS, FRANCE, February 25, 2021] Today Trace One, the world's largest collaborative retail business platform for consumer-packaged goods (CPG), announced the launch of Trace One E-Sourcing, a new solution for global retailers to bring private labels to market faster. For resilience in retail’s complex, constantly-evolving environment, Trace One E-Sourcing extends digital best practices across all stages of the product lifecycle to help brand owners thrive by maximizing their process efficiency.

 

This new retail innovation streamlines CPG product sourcing and business-to-business tender (RFX) processes, helping retailers save time, boost agility and gain a competitive edge with private labels consumers love. By integrating cross-organizational private label efforts, Trace One E-Sourcing enhances retailers’ efficiency as they source and develop the right products to make their assortments more desirable. Private labels help retailers differentiate their offerings, promote their brand, increase their margins and delight consumers by reflecting emerging trends, including healthy, local and sustainable products.


Retailers win by making their private labels available to consumers faster and get ahead of innovation, said Christophe Vanackère, CEO, Trace One.

 

Private label sourcing and RFX processes are time-consuming yet strategically significant to retailers’ success. Accelerating these processes can give companies an advantage to reach faster all the manufacturing ecosystem and develop business with the best players,

 

With Trace One E-Sourcing, we want to empower retail companies of all sizes to overcome their challenges and boost their productivity by using proven innovations, said Christophe Vanackère.

 

Through digital collaboration, Trace One E-Sourcing connects retailers and CPG suppliers around the world.  

 

Retail partners gain a single, online source of private label RFX information rather than multiple types of offline and online tools, which improves data accuracy and efficiency, said Claire Bui, Product Marketing Manager at Trace One.  

 

Overall, this new offering enhances communication and time savings for product discovery and private label development.

 

Amid the pandemic, more global retailers now embrace digital practices to navigate consumer and market trends. Digital systems and processes have evolved into business necessities for retailers to stay competitive and attract happy, loyal consumers.

 

For more information on Trace One E-Sourcing,
contact us here.

 

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