Leading childrens clothing and accessories retailer chooses Management Dynamics global connectivity solution to power its order management system
Management Dynamics, a leading provider of global trade management solutions, today announced that The Childrens Place, a leading specialty retailer of high-quality, value-priced clothing and accessories for children, has selected Management Dynamics Private Supply Chain Network solution for trading partner connectivity and data quality management services to streamline its inbound supply chain.
The global connectivity solution connects The Childrens Places internal order management system to a vast network of consolidators, third-party logistics providers, ocean carriers, air carriers, and motor carriers to facilitate communication of updated order and shipment status information. By synchronising this logistics information in real-time, The Childrens Place anticipates to eliminate excess inventory, reduce supply variability and cut cycle times.
Management Dynamics experience and reputation for providing successful data management solutions was a critical decision factor in entering into this relationship, said Frank Loewen, Director of Logistics at The Childrens Place.
Management Dynamics Private Supply Chain Network will simplify the collection, validation, interpretation and aggregation of time-sensitive data from suppliers, carriers, freight forwarders and other partners from around the world.
To improve competitiveness and keep up with ever-changing fashions, retailers need to collaborate more closely with their suppliers and integrate their supply chains from source to store, said Jim Preuninger, CEO of Management Dynamics. The key to shorter cycles and improved logistics decisions is complete and high quality information from the supply chain. We welcome The Childrens Place to our growing clientele of retailers.