SAN DIEGO and HONG KONG, Feb. 27, 2018 (GLOBE NEWSWIRE) -- CBX Software a leading provider of Product Lifecycle Management (retail PLM), global sourcing software and extended supply chain software for the retail industry, announced today that they had been awarded The Green Supply Chain Award by Supply & Demand Chain Executive, a leading authority on total sourcing management.
Supply & Demand Chain Executive recognized CBX software for its industry leading sustainability and green efforts by awarding them with the Green Supply Chain Award, an award given out to only the companies that best exemplify a lasting commitment to making a positive impact on the environment, while also maintaining a high level of business proficiency.
The list of companies receiving the Green Supply Chain Award were noted for either having an efficient green supply chain, or offering a supply chain, PLM, solution that enables companies to address their own supply chain inefficiencies and sustainability downfalls. John R. Yuva, editor for Supply & Demand Chain Executive, says, "Honorees for this year's award demonstrate that corporate social responsibility is a business imperative that transcends the company and extends throughout the supply chain, involving suppliers and customers," he continues, "The number of entries only increase year over year, demonstrating how critical sustainability initiatives are within companies."
Today’s retailers and their suppliers often have mismatched processes and information causing inefficiencies, product issues, and bottlenecks resulting in delays in delivery. These inefficiencies can lead to a great deal of waste. Michael Hung of CBX Software says “Our clients are able to achieve their sustainable supply chain strategies by reducing the paper used in the supply chain process by using a combined retail sourcing and PLM solution. Also by digitalizing their sampling process, our clients are able to reduce the number of physical samples used in the supply chain process, which helps them to achieve their sustainable supply chain strategy.”
CBX Software compresses the supply chain, helping Retailers and Brands expand assortments, accelerate new products to market, and efficiently on board new suppliers and eliminate redundancies. CBX does all this while delivering products to market ahead of consumer expectations. Through innovative Global Sourcing Management, Product Life-cycle Management (Retail PLM), Supplier Relationship Management, and Production & Order Management technology solutions, CBX empowers the supply chain network by driving collaboration between Retailers, Brands and their Supplier Partners.
By doing this, CBX Software allows companies to achieve their sustainability and green supply chain goals. CBX hopes to leave a lasting green footprint on the companies that source through the CBX Cloud platform and is committed to helping create a sustainable future.
About CBX
CBX Software is the world’s leading Total Sourcing Management solution provider from concept to delivery – combining people, processes and solutions. CBX helps retailers and brands streamline product development and sourcing all the way through order, production and delivery. Through innovative Sourcing Management, Product Life-cycle Management (PLM), and Production & Order Management technology solutions, CBX empowers the supply chain network by driving collaboration to over 15,000 retail & supplier partners, and 30,000 users in more than 50 countries. For more information, visit www.cbxsoftware.com.
For further information, please contact:
Mark Hudson, Vice President Global Marketing & Communications
CBX Software
t: +1 617.378.7935