“Involving sourcing teams and suppliers in the design and development phase of
the product lifecycle can result in cost reductions of
nearly 18% compared to organizations that lack such collaboration”,
said Thomas Ng, ecVision’s CEO. “This level of collaboration
can also yield up to a 20% improvement in time-to-market
speed. Overall, retailers find that a collaborative solution,
can impact cost and supply considerations such as logistics,
supply stability, supplier performance, quality performance,
innovation and component obsolescence.”
|