Retailers are under tremendous pressure to be more agile and responsive, which requires faster product development, production and distribution from concept to customer to meet accelerated expectations.
Lengthy product lifecycles result from a lack of visibility and collaboration across the retail organization as well as vendors, material suppliers and logistics providers. Each stakeholder tends to work in silos, waiting to finalize its part of the process before handing off to the next department. Technology and processes reinforce this divide with separate, siloed solutions.
Check out this white paper to discover how a concept to customer strategy delivers seamless visibility that provides five critical benefits:
- Shorter product lifecycles;
- Lower risk, leading to new opportunities;
- Greater visibility;
- Better, faster decision-making; and
- Increased profits.