So what is all the fuss about? Surely as a Retail outlet your relationship with your suppliers can help you get the stock you want onto the shop floor, but is it enough?
I think we are all now promoting Global Data Synchronisation, which gives supplier/retailer trading partners access to data pools that hold and process trading partner product information. This allows access to accurate and reliable data from your partners, at all levels of the supply chain. Again, time and costs are improved, and suppliers see fewer discrepancies in shipments to their customers. The other benefit is that getting new products received, processed, and approved into the retail system and onto the sales floor can take hours instead of weeks.
Global Data Synchronisation can help :
· Drastically reduce errors in your internal item files
· Automatically deliver product images to your internal systems specific to your image requirements in a format that you want
· Improve data related errors on PO’s ASN’s, GRN’s and Invoices
· Receive product data automatically from your suppliers
· Receive automatic notifications of changes to data and images including price
· Reduce processing time and maintenance costs through paperless item setup
· Improve efficiencies in merchandise planning, ordering and materials handling
· Reduce payment times by eliminating discrepancies between invoices and purchase orders
· Integrate into key enterprise applications, ensuring the most efficient supply chain communication process
Learn more about global data synchronisation>>
