Launch of Trace One E-Sourcing Will Boost Retailers' Private Label Speed to Market
The Californer/10122181

PARIS - Californer -- Today Trace One, the world's largest collaborative retail business platform for consumer-packaged goods (CPG), announced the launch of Trace One E-Sourcing, a new solution for global retailers to bring private labels to market faster. For resilience in retail's complex, constantly-evolving environment, Trace One E-Sourcing extends digital best practices across all stages of the product lifecycle to help brand owners thrive by maximizing their process efficiency.

This new retail innovation streamlines CPG product sourcing and business-to-business tender (RFx) processes, helping retailers save time, boost agility and gain a competitive edge with private labels consumers love. By integrating cross-organizational private label efforts, Trace One E-Sourcing enhances retailers' efficiency as they source and develop the right products to make their assortments more desirable. Private labels help retailers differentiate their offerings, promote their brand, increase their margins and delight consumers by reflecting emerging trends, including healthy, local and sustainable products.

More on The Californer

• Buy The Crave Launches Premium Creatine and Natural Wellness Supplements for Modern Lifestyles
• Long Beach Parks, Recreation and Marine's Homeland Cultural Center Presents DanceFest at Cesar Chavez Park Amphitheater on August 16
• Sisu, a Portrait of Grit, Connection and Triumph, Premieres on Documentary Showcase
• New Liz Taylor Book Coming Soon: Chasing Elizabeth Taylor
• City of Long Beach Experienced a 4% Decrease in Fireworks-Related Reports on July 4

"Retailers win by making their private labels available to consumers faster and get ahead of innovation," said Christophe Vanackère, CEO, Trace One. Private label sourcing and RFx processes are time-consuming yet strategically significant to retailers' success. Accelerating these processes can give companies an advantage to reach faster all the manufacturing ecosystem and develop business with the best players, "With Trace One E-Sourcing, we want to empower retail companies of all sizes to overcome their challenges and boost their productivity by using proven innovations," said Christophe Vanackère.

Through digital collaboration, Trace One E-Sourcing connects retailers and CPG suppliers around the world. "Retail partners gain a single, online source of private label RFx information rather than multiple types of offline and online tools, which improves data accuracy and efficiency," said Claire Bui, Product Marketing Manager at Trace One. Overall, this new offering enhances communication and time savings for product discovery and private label development.

More on The Californer

• The Blue Luna Encourages Local Schools to Take Steps to Enhance Safety for Students and Staff
• Wise Business Plans Launches Turnkey Startup Packages to Help Entrepreneurs Start and Scale
• CarSeek Re-Launch: A New Look, A Better Experience for Car Buyers
• California: Governor Newsom provides $11 million to organizations helping underserved job seekers find training and employment
• For Artificial Intelligence Appreciation Day: Celebrate it with a poem about AI called "Robot Love"

Amid the pandemic, more global retailers now embrace digital practices to navigate consumer and market trends. Digital systems and processes have evolved into business necessities for retailers to stay competitive and attract happy, loyal consumers. For more information on Trace One E-Sourcing, contact Trace One.

About Trace One
Founded in 2001, Trace One is the world's largest collaborative retail business platform for consumer-packaged goods (CPG). Trace One offers a suite of integrated cloud solutions for the creation and management of CPG products. We've created a global community of 5,000+ brand owners spanning more than 100 countries. Our smart solutions let them collaborate and innovate on remarkable products worth over $300 billion every year. We've been helping them create products that consumers really want since 2001, through bigger (and faster) thinking.

For more information,
visit www.traceone.com