Leading toy industry companies and retailers are recognizing the tremendous impact and business benefits of iCiX’s community approach in managing risk, compliance and standards within their global supplier networks.
San Mateo, CA (PRWEB) May 03, 2011
Leveraging the best practices of major food industry companies and their suppliers, major toy industry companies and retailers are now joining the iCiX network to manage the exchange of business-critical information with their global suppliers. Renowned for its leadership in serving the food industry, iCiX (http://www.icix.com) has extended its expertise and solutions to help toy manufacturers and retailers manage risk, compliance, and standards for their global supplier networks.
While the intricacies of the supply chain make communicating and collaborating with trading partners a challenge, iCiX provides a collaborative web-based environment where trading partners – retailers, manufacturers, distributors, and suppliers – are fueled by current, accurate and actionable information. Many major brands currently use the iCiX network to effectively and efficiently manage business-critical supply chain documentation and communication.
Within the toy industry, the information exchange enabled by iCiX will prove to be particularly critical in managing compliance related to the Consumer Product Safety Improvement Act (CPSIA), to ensure that suppliers are achieving new testing and documentation requirements.
“We’re very pleased that leading toy industry companies and retailers are recognizing the tremendous impact and business benefits of iCiX’s community approach in managing risk, compliance and standards within their global supplier networks,” said Eva Woo, vice president of marketing for iCiX. “Continuing to work closely with industry leaders, iCiX looks forward to future opportunities to extend the benefits of our solutions and best practices to more organizations in more industries.”
iCiX's industry-wide approach enables companies to securely share certificates and data with all their trading partners, which helps reduce redundant certifications and costs throughout the supply chain.
The iCiX network facilitates the immediate exchange of validated information between trading partners or any designated member, reducing workload and increasing reach and efficiency within the supply chain. iCiX reduces both the paperwork and the uncertainty that stems from keeping track of testing, certificates, and other key documentation.
iCiX’s web-based network provides confirmation that certification documents are received and that they came from a validated source. Validation bodies can add ancillary information relating to test results or certifications, such as unsatisfactory results that need to be addressed. iCiX also provides business intelligence and search tools to identify problems, manage exceptions, and resolves issues quickly.
Founded in 2003, iCiX North America, LLC (http://www.icix.com) is a web-based network for analyzing supply chain risk and managing supplier information. iCiX helps retailers, manufacturers, distributors, and suppliers share and manage validated information such as quality and validated certifications with trading partners. Currently, over 70,000 facilities utilize the iCiX network, including seven of the top ten retailers and 82 of the top 100 food companies, to manage recalls, incidents, validated certifications, products, test results and much more. Visit http://www.icix.com for more information.
# # #