Bamboo Rose Helps Retail Community Drive Revenue Through Material Innovation
BOSTON--(BUSINESS WIRE)--Oct 2, 2018--Raw materials is the new battleground for innovation, and thanks to Bamboo Rose — the multi-enterprise platform connecting the retail community to discover, develop, and deliver products at digital speed — apparel retailers can now see, down to the color, what’s ‘making it work.’ Through a major enhancement to its materials management capabilities, retailers can now monitor material consumption at greater levels of specificity, including color, art, and dimension.
Greater insight into materials’ availability and liability across the supply chain allows retailers to turn concepts into reality faster, while keeping costs under control. Building on Bamboo Rose’s rich material management capabilities, these new enhancements allow retailers to project material demand across brands and markets, negotiate material pricing that meets specific demands and delivery requirements, and better manage material quotes.
“Raw materials represent 60 to 70 percent of a product’s costs. Global enterprises involved in managing these supplies are constantly challenged with controlling inventory levels, quality, and cost while pre-positioning resources at various sites to nimbly distribute to markets all over the world,” said Ann Diamante, chief product officer at Bamboo Rose. “As retailers look to new sources of innovation for their products, more effective and collaborative materials management are increasingly critical to meeting their objectives.”
Bamboo Rose’s solution enhancements also empower retailers to:Make adjustments to their consumption, providing a more accurate description of quantity available and increasing agility to meet consumer demand Understand the liability of unused materials by color or art, and be notified of potential liability to better manage costs Increase accuracy at the inspection levels to ensure quality control, meet any regulatory demands, and more
Bamboo Rose’s customer advisors, including Express, American Eagle, Lululemon, Tailored Brands, and Ascena are all looking to materials management as a way to infuse creativity and differentiate their products. This is what they need to keep pace with greater personalization and fast fashion trends.
About Bamboo Rose:
Bamboo Rose is the leading multi-enterprise product innovation and supply chain platform connecting the retail community to discover, develop, and deliver products @ digital speed. Our collaborative B2B platform combines a digital Marketplace, PLM, Sourcing, PO Management, GTM, and Financing. We help retailers and suppliers simplify the product creation and delivery process to bring great products to market faster, more efficiently and at higher margins. Our company is made up of retail experts with decades of experience at some of the largest global retailers. Bamboo Rose serves over 85 major retailers, 400 brands and connects 35,000 suppliers and 250,000 user members. Learn more at bamboorose.com or find us on Twitter at @GoBambooRose.
View source version on businesswire.com:https://www.businesswire.com/news/home/20181002005621/en/
CONTACT: Corporate Ink for Bamboo Rose
Jackie Cavedon, 617-969-9192
KEYWORD: UNITED STATES NORTH AMERICA MASSACHUSETTS
INDUSTRY KEYWORD: TECHNOLOGY ONLINE RETAIL SUPPLY CHAIN MANAGEMENT SOFTWARE RETAIL FASHION OTHER RETAIL
SOURCE: Bamboo Rose
Copyright Business Wire 2018.
PUB: 10/02/2018 09:30 AM/DISC: 10/02/2018 09:30 AM