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WWRE membership
FAQ’s:
What value does the WWRE offer?
The WWRE is the premier integrated worldwide
exchange community for retailers and manufacturers
created to improve efficiency and lower
costs throughout the supply chain.
There are seven key ways for members to
realize value:
- Low-cost product offerings
that are secure, robust, scaleable, integrated,
and fully
supported
- Shared technology investments
and outsourced assets
- Ability to access
a global membership community and network
with other retailers/manufacturers
- Value-added
services from a trusted source, at competitive
costs
- Participation in collaborative activities
with trading partners
- Complex transactions
and interactions made easy through automation
- Standard
setting benefits for all B2B activities
What is special about the WWRE?
The WWRE is the premier exchange for retailers
and their manufacturers worldwide, consisting
of 64 retailer and manufacturer members
and over 100,000 manufacturers, partners,
and distributors. Neutral and impartial
by design, it is operated to generate benefits
for the member retailers and manufacturers
and, ultimately, the consumer. There are
no plans to take the WWRE public; therefore,
our primary focus is to continue to generate
savings and added value for members and
consumers.
What is the value proposition for manufacturers
to join the WWRE?
Benefits for manufacturers include:
- Improved
sales performance
- Lower transaction/negotiation
costs
- Immediate efficiencies in inventory
management
- Collaboration with trading
partners in a secure environment
- Faster
utilization of cutting edge technology
with minimal investment in internal systems
- A
single platform to post catalogs for
worldwide visibility
- Participation in
the development of next generation
of WWRE products and services
Listing and launching new products is
very expensive for manufacturers and needs
a medium-long-term relationship. What will
the impact of the WWRE be?
The WWRE offers a widely available communications
platform and a suite of supply chain tools
that provide efficient control over the
new product introduction process. These
tools, Worldwide Products Design and Management
(WPD&M), Collaborative Planning, Forecasting
and Replenishment (CPFR®) and Item
Management (eCatalog), will help manufacturers
reduce the costs of new product development
and enhance partnerships between retailers
and manufacturers in new product development.
What are the additional services
that WWRE provides? Is Technology WWRE’s
core offering?
Success in collaborative supply chain
commerce is less dependent on technology
and more on addressing the change management
issues that arise when a new set of tools
is introduced and existing processes and
infrastructure are impacted. The WWRE recognizes
this reality and dedicates most of its
effort on providing the required support
to enable trading partners to prepare,
plan and execute their collaborative supply
chain strategies.
Through focused member adoption programs
(MAPs), 24/7 support, and best practice
knowledge aggregated and shared from many
member implementations, the WWRE knows
how to help its members ensure rapid ROI
on the utilization of its technology.
What is the WWRE’s Membership
cost?
Membership in the WWRE is on an annual
subscription basis giving members access
to our entire supply-chain management platform
of services and technology. WWRE membership
fees vary depending on a member’s
size as measured by sales and are the same
for manufacturers and retailers.
Can WWRE provide a clear path to ROI?
Several WWRE members have achieved ROI
within a matter of months. The average
annualized savings per member, to date,
is between $6-7M. Longer term ROI from
CPFR and Item Synchronization will bring
substantial savings running into millions
of dollars.
The WWRE is uniquely qualified to assist
members in building a solid business case
outlining a clear path to ROI. Having witnessed
the results obtained by our members through
the use of our services we know where value
lies and what it takes to realize it.
The WWRE’s solution suite includes
a valuable set of tools and services that
can be tailored to a member’s specific
needs and can provide a short, medium and
long term ROI profile
Will manufacturers have a voice in the
Exchange?
Yes, with immediate membership in the
Vertical Boards that cover industry sectors,
and membership on the Operating Committee
and Board currently under discussion.
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