Trace One, the European leader in e-collaborative solutions for private label food and non-food products, has signed an agreement with Spanish retailer El Corte Inglés to establish a common portal for the central management of own-label consumer products.
With this tool, El Corte Inglés has streamlined the management of its entire private label product creation process, including product selection; panel management; auditing and the preparation of data sheets; tracking requests for quotes; and collecting information on product recalls.
The new platform will increase productivity in the management of private label products and reduce their time of to market by between one and two months. Furthermore, the application will optimise collaboration with suppliers and ensure partners have the exact information they need, from across the entire supply chain, delivered to them in real-time.
For El Corte Inglés, the use of Trace One’s solution meets its commitment to "providing consumers with better information and improving the traceability of products."
Christophe Heurtevent, Senior Vice President for Southern Europe of Trace One, said: "we are pleased we have been able to help El Corte Inglés improve the transparency of information on its own brand products. This will in turn help it become more effective in the development process, as well as responding more quickly to the growing demands of its consumers for these products."
Through the use of the Trace One platform, El Corte Inglés has also further strengthened its relationship with own-brand suppliers. After implementing the first stage of the 'Quality Portal' two other stages are planned: the ‘Packaging Portal' to accelerate the comprehensive management of packaging design and the 'Product Lifecycle' portal to optimise the entire workflow process, including the handling of complaints.
About Trace One
Trace One is the European leader in e-collaborative platforms for retailers and the industrial sector of the PGC (Consumer Products). Its mission is to optimise the collaborative work between distributors and manufacturers involved in the sourcing, tendering and PGC development, while ensuring product quality and safety.
Trace One’s solutions have been adopted by more than 30 retail groups worldwide including Tesco, Sainsbury's, Eroski, Carrefour, Auchan, Michaels, Edcon, HMV and over 12,500 companies in 110 countries.
Trace One currently has international presence through its seven offices located in Boston, Chicago, Bentonville (USA) Düsseldorf (Germany), Hong Kong (China), London (UK) Madrid (Spain) and Paris (France).www.traceone.com