PLATFORM OVERVIEW
Unlock the Full Potential of Your Business with the ECO+ Platform that Enables Value Chain Visibility, Collaboration and Continuous Optimisation
The ECO+ Platform is an innovative data-driven platform pioneered by VCS.
It empowers value chain participants by eliminating organisational and data barriers. The resultant costing and pricing visibility enables collaboration and continuous optimisation.
FOUNDATIONAL PILLARS
With the ECO+ Platform, the end-to-end value chain is digitised, equipping value chain partners with a shared fact base. Businesses are empowered to realise their full potential, driving collaboration, visibility and optimisation across the extended value chain, while addressing key challenges such as sourcing risk mitigation, competitive product development and pricing.
The ECO+ Platform collects and integrates data from diverse value chain sources, including operational flat files, enterprise resource planning (ERP) or point of sale (POS) systems across organisations.
Advanced algorithms and price models transform and enrich formerly disconnected data, enabling ongoing monitoring, measurement and strategic optimisation throughout the value chain, all supported by a suite of front-end accessible operational tools.
With the ECO+ Platform, the end-to-end value chain is digitised, equipping value chain partners with a shared fact base. Businesses are empowered to realise their full potential, driving collaboration, visibility and optimisation across the extended value chain, while addressing key challenges such as sourcing risk mitigation, competitive product development and pricing.
DATA ENRICHMENT
The Data Enrichment pillar of the ECO+ Platform is the foundation for value chain excellence.
Utilising cutting-edge technology, proprietary algorithms and models, the ECO+ Platform transforms and enriches integrated data from various sources to provide a comprehensive view of the entire value chain. Users can also take control through our innovative Data Creation Module which standardises data collection, upload and management via a convenient front-end user workflow interface.
The ECO+ Platform Data Enrichment pillar offers the crucial foundation for your value chain’s success, ensuring that quality data is structured and harmonised from end to end.
ENABLE VALUE CHAIN COLLABORATION
The ECO+ Platform enables seamless fact-based value chain collaboration.
Now companies can effectively collaborate by connecting users to a shared, visible fact base – whether they belong to the same business or different value chain partners.
Users can securely share enriched information and work cohesively on joint optimisation opportunities in product development and positioning, waste reduction, strategic procurement and product price reviews.
Sustainable sourcing initiatives and messaging are further amplified in a collaborative manner throughout the value chain to solve traceability challenges.
UNLOCK ONGOING OPTIMISATION
The ECO+ Platform drives continuous value chain re-engineering by empowering ongoing optimisation at scale. As a result, efforts can focus on collaborative value optimisation throughout the entire value chain and within and across organisations.
The ECO+ Platform reveals raw material footprints and pricing disparities across the value chain. It enables the link between commodity prices and final product pricing. This enables strategic procurement at scale.
Cost element benchmarking is unlocked which empowers users to conduct insightful, margin comparisons, labour rate evaluations and comprehensive manufacturing overhead assessments, among other crucial measures.
A suite of price management features is augmented using the ECO+ Platform. This inclusive approach brings structure, trust and facts to what can be a sensitive topic, enhancing overall understanding and transparency.
The goal is to empower businesses and their value chain partners to continuously elevate their performance, encourage collaborative innovation and discover new possibilities for value creation.
USER EXPERIENCE
TECHNOLOGY PARTNERS
