E-Commerce today allows for multi-channel marketing which can impact the bottom line of Apparel and Sewn Goods companies with increased revenues and higher profit margins buy decreasing overhead costs, inventory holding costs and supply chain product lifecycle costs. Some of these benefits are realized through: exploiting efficiencies and responsiveness to customers and the end consumer, twenty-four-hour access from any location optimizing a global reach, flexible pricing and promotions, automated processes and efficient funds transfers.
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Traditional retail channels access customers in a specific time and place format. This places a negative impact on sales and marketing of product offerings as potential customers and end consumers are essentially lost through lack of knowledge of the product’s existence.
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E-business lowers inventory costs by improving supply chain coordination and communication relative to the information received automatically from customer demand. Enabling Apparel and Sewn Goods companies to more accurately match supply and demand engages customization and personal production of products in the form of style-color-size, lowering finished goods inventory levels, as just-in-time manufacturing strategies are possible. Resource costs are also reduced as the customer becomes more integrated into the selection and order placement processes.
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BYTE Software has composed several E-Commerce solutions allowing our clients to reap the rewards and benefits of efficiencies and responsiveness. The Business to Business (B2B) solution connects companies with their business clients throughout the supply chain as well as their remote sales personnel. Orders placed, available inventory levels and shipping and receiving dates can be placed, tracked and analyzed throughout the Supply Chain. The BYTE solution is integrated with secure, filtered partner log-ins allowing for separate terms and pricing to be established, tracked and analyzed.
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The Business to Consumer (B2C) solution enables direct contact with the end consumer and handles order requests, purchasing transactions and shipping procedures to guarantee timely and accurate order fulfillment. Through the powerful information reporting, inventory levels can be adjusted and discriminated between low-demand and high-demand products, disseminating the information throughout the supply chain which in turn reduces the bullwhip effect and lost sales. BYTE Software offers a complete web site and shopping cart solution which is designed with Search Engine Optimization in mind to elevate the brand and products on-line.
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Finally, BYTE also offers a Web Milestone Updating (WEM) solution which integrates with the Sourcing Solution, allowing our clients to manage and plan for information coming from their vendors and suppliers. Through this tool, more precise decision-making occurs as NAFTA and Customs paperwork are created and stored, “what if” scenarios can be projected with future inventory levels and communication between vendors and multiple plants are increased.
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