Melbourne, Australia Global sourcing and vendor collaboration solution provider Core Solutions said Tuesday that Target Australia and Kmart Australia have selected CBX to streamline global sourcing of private-label merchandise.
The application is designed to shorten development cycles, reduce end-to-end lead times, increase visibility and improve supplier management and operational efficiency.
The CBX PLM/Sourcing system is expected to be implemented and ready to 'go live' in early 2010.The CBX PLM/Sourcing system is expected to be implemented and ready to 'go live' in early 2010.
Kmart and Target source the majority of their private-label merchandises through Coles Group Asia.
Specifically, CBX PLM/Sourcing will help Kmart, Target and Coles Group Asia convert traditionally manual sourcing processes based heavily around spreadsheets, e- mails and faxes to streamlined processes enabled by a Web-based, centrally managed collaboration, workflow and business-intelligence system.
"Despite the current economic conditions, Target and Kmart have pushed forward with CBX PLM/Sourcing, because they recognize the strategic importance to elevate the group's global sourcing capability to the next level. Target and Kmart have shown an enormous amount of commitment from top to bottom to make this project a success," said Michael Hung, CEO of Core Solutions.
Kmart has 184 stores throughout Australia and New Zealand. Target has 286 stores across Australia.