US: Cutter & Buck extends procure-to-pay automation
Golf apparel firm Cutter & Buck has extended its subscription to the TradeCard cloud-based supply chain collaboration and global trade platform to continue to connect with trading partners electronically and obtain visibility into the movement of payments and products.
The company has used the platform since 2005 to automate processes from purchase order through settlement and provided suppliers access to early payments in exchange for invoice discounts.
"Automating the procure-to-pay process has been a huge win for us and our suppliers," said Rich Grambihler, controller at Cutter & Buck.
"There's clear visibility into orders, amendments and transaction statuses. Our suppliers like it because they know when and how their payment will arrive."
Having spent much of the past 12 to 18 months developing offerings for both customers and staff across multiple touch points, the next challenge facing fashion brands and retailers is to connect the m...
Luxury handbags, footwear and accessories provider Coach has selected the TradeCard supply chain collaboration and trade platform to help streamline transactions and improve supplier relationships....
The most read stories on just-style this week include Luen Thai acquiring Ocean Sky's apparel operations, Russell Brands cutting 190 jobs, and Fast Retailing revealing it will eliminate hazardous chem...
TradeCard is to merge with logistics and transportation specialist GT Nexus in a deal set to create the world's biggest cloud-based business network for global trade and supply chain management....
- Slow fashion: a fast-growing opportunity?
- Rethink needed as low-cost labour options dwindle
- China's apparel sector ponders sustainability
- US textile and apparel trade and sourcing snapshot
- African apparel sector needs cooperation to thrive
- Tazreen Fashions compensation agreement outlined
- Puma commits to 100% PFC removal
- Long-term partnerships key to Adidas sourcing mode
- Gap unveils management changes as Q3 profit rises
- US trade snapshot shows apparel and footwear shift