If you are a retailer and looking to launch your own private label/ optimize profits of your existing label, h...
If you are a retailer and looking to launch your own private label/ optimize profits of your existing label, here’s a 4-point plan to get you kickstarted
Retailers have a treasure trove in their retail trade data, which if shared with the suppliers though proper data sharing platforms can generate a steady revenue stream.
The supply chain collaboration model has got buy-ins from all types of businesses belonging to diverse sectors. But not every alliance between retailers and suppliers has flourished.
Effective supplier collaboration can optimize the procure-to-pay cycle, streamline the process, and increase transparency for retailers and suppliers.
Supplier Collaboration can enable cost reduction, speedy fulfillment, downsized inventories, and many other benefits for retailers, suppliers and shoppers.
Shopper marketing is gaining importance in retail and requires a high level of collaboration between retailers and CPG manufacturer for greater efficiency.
Learn how Retailers and supplier when collaborate to work towards a common goal can optimize and enhance the value out of the supply chain
While collecting and mining data for useful insights is an important part of the retail environment today, many retailers and suppliers have discovered the advantages of sharing this data with each other
There’s no denying the opportunities analytics has opened up for retailers over the past few years. See how you can improve collaborative supply chain with predictive analytics.
In a fiercely competitive retail market, suppliers are using downstream data from retailers to gain scarce shelf-space, win customer wallet share and drive supplier collaboration.
Grocery analytics helps grocery retailers gain a closer understanding of shopper behaviour enabling them to optimize stocks and profits
Vendor scorecards offer concrete metrics for supplier reviews and Joint Business Plans while facilitating long-term collaboration for mutual benefit of suppliers and retailers.
Retailers tend to view supplier collaboration as a series of short term, event-based practices.Long term, collaborative partnerships with suppliers is what they should be aiming for.