Footwear manufacturer Stride Rite is implementing the TradeCard platform SourceView visibility suite to streamline global trade and reduce costs caused by stock outs, excess inventory, late shipments, missed deliveries and retailer chargebacks.
TradeCard says that its platform will eliminate manual processes and extend control of Stride Rite’s physical and financial supply chains to enhance visibility, improve margin and cash flow, and drive business growth.
TradeCard allows us to increase our business capacity without adding staff or additional resources overseas, said Jim Luks, vice president of finance and corporate controller at Stride Rite. Process automation and extended visibility into our suppliers will help us ensure that shipments arrive at the right place at the right time. By eliminating unexpected surprises in the supply chain, the TradeCard platform and SourceView will enable us to reduce costs, optimize cash and drive growth overseas.
Stride Rite will eliminate manual transaction processes, standardize global trade operations and tie together multiple brand processes on the TradeCard platform. The manufacturer says that it will leverage SourceView to better manage chargebacks, track work in process and implement vendor scorecarding.