- January 6, 2015
Lamps Plus Enhances Product Dev and Sourcing
CBX Software provides Lamps Plus with a single platform to manage and collaborate on product design, development, sourcing and vendor processes, across the retail and wholesale facets of their business.
New York/ Hong Kong: January 6th, 2015 – CBX Software, the leader in Total Sourcing Management announced today that Lamps Plus, the largest lighting retailer in the United States, has selected the CBX platform to manage and streamline their product design, development and global sourcing operational processes.
The multiphase CBX implementation will initially focus on driving efficiency through product design and sourcing related processes between Lamps Plus’ offices and their trading partners, reducing redundant data entry and improving visibility and reporting across their business. The first phase also includes integration of the CBX Vendor Portal, currently being rolled out to enable greater collaboration and electronically manage order and payment related processes for several hundred vendors.
“Lamps Plus selected CBX Software based on their deep knowledge and track record of implementing solutions which support both buying and product development in the U.S. and also regional sourcing offices and suppliers in Asia,” said Clark Linstone, CFO, Lamps Plus. “We expect CBX to help us reduce the time and effort it takes to get our products developed, which will translate into significant gains in our time to market.”
The CBX implementation will ultimately support Lamps Plus in growing their revenue and profit across over 40 retail outlets, a thriving ecommerce platform and the retailer’s wholesale business. CBX will support internal functions at Lamps Plus, including design, buying, quality, logistics and management, improving their ability to collaborate with their vendor base.
“We are excited that Lamps Plus has entrusted CBX to play a pivotal role in this next phase of their business growth,” said Michael Hung, CEO, CBX Software. “Our experience in supporting a range of retailers and brands to automate product development and sourcing will result in significant gains in efficiency, speed to market and profitability in the near and long term.”
About Lamps Plus
Established in 1976, Lamps Plus is the largest lighting retailer in the US, with over 40 retail lighting stores throughout the Western United States as well as an online store. Products available through Lamps Plus’ consumer and wholesale channels include indoor and outdoor, designer and own brand lighting as well as home décor and products developed for their growing hospitality division.