TraceOne Survey Infographic FINAL

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PRIVATE LABEL PRODUCT LIFECYCLE

MANAGEMENT COLLABORATION A LOOK AT HOW RETAILERS, MANUFACTURERS AND SUPPLIERS

SHARE INFORMATION ACROSS THE SUPPLY CHAIN BENEFITS OF COLLABORATION

93

%

said their organization is more productive because of their ability to collaborate

82

%

believe better collaboration can offset costs associated with the industry’s top market pressures

HOW DO YOU COLLABORATE? Use offline tools like % Excel documents and email to communicate

69

Use online tools created % specifically for the product lifecycle process

32

Of those who use online tools specifically for the product lifecycle process rated their collaboration as “excellent”

Of those using offline tools rated their collaboration as “poor” or “fair”

PRIVATE LABELSTAKEHOLDERS ARE MOST FOCUSED ON

THE TOP THREE COLLABORATION CHALLENGES

41

$

42

34

Improved consumer confidence

need to protect proprietary % The information and shield best

www.traceone.com

Cost control

%

specifications % Incorrect and ingredients

practices from competitors

54

%

misalignment % Stakeholder on common objectives

32

23%

Use other, general online tools, like Dropbox or Google Docs

40

%

Improved time to market

The Private Label Product Lifecycle Management Collaboration survey is Trace One’s proprietary research. Executives from Fortune 500 companies who serve as private label retailers, manufacturers and suppliers in various industries anonymously responded to this survey in November of 2013.