2023年2月2日,

王子零售變換與Algonomy的端到端供應商合作過程的供應商聯係英語Algonomy零售王子利用供應商鏈接帶來更大的可視性供應鏈流程——從訂購到交貨付款。實現平台之前,這些都是手工完成通過電話,短信,電子郵件,或傳真,常常導致錯誤和低效率。與供應商聯係,供應商可以訪問他們的POS數據,幫助他們評估需求的商店基於消費者信心,不僅采購訂單。這幫助他們自己的預測來提高他們的各種計劃和股票的可用性。因此,零售王子變得更有效率和有利可圖的庫存/股票分配在其商店和更多相關推廣包裝和分類。王子零售使用供應商鏈接來提高其供應商和銷售團隊之間的協作運營和訂單管理等事務性活動,安排和支付。進一步,該平台可以實現無縫數據共享計劃更快和更準確的促銷活動和程序。“我們的目標是創造更大的透明度和提高過程效率供應商生態係統。供應商聯係多遇到了我們的預期。平台創建了一個數據驅動的文化在我們的內部團隊和供應商,幫助日常做出更好的決策,”首席營銷Rina珍妮去說,營銷和分銷總監王子零售。 Using Vendor Link, Prince Retail is able to save a lot of time on the ordering process and no longer faces issues wherein buyers forget to send all the purchase orders of all the stores. Manual and recurring mistakes have been eliminated, and more time is spent on value-adding activities. Payment visibility has been a huge plus for vendors who can track their payments better and improve their delivery schedule. Thanks to data sharing, most of the vendors' programs are now data-driven and more impactful, as they are able to track their performance and their competitors' performance with ease. Further, Prince Retail sees fewer resources wasted on promotions and programs, and less overstocked inventory on products that don't move as well or promotions that don't work as well. Improved stock availability is also seen with better visibility on payments. "Vendor Link is a comprehensive web-based collaboration platform that removes operational silos between vendors and retailers by automating and streamlining end-to-end operations," said Amit Agarwal, SVP of Business Development at Algonomy. "We're excited to help Prince Retail drive costs down, reduce wastage, and improve profitability." Prince Retail also solved issues in their order-to-pay cycle, especially with fast-moving consumer goods (FMCG) vendors. Disputes on several aspects like actual quantity received, rebate deduction, and discounts were often reconciliation issues. Payment reconciliation often became the reason why the retailer's succeeding orders were not served, which resulted in poor stock availability in stores. Vendor Link served as a solution that enabled a faster and more efficient Accounts Payable (AP) process and provided better visibility of the order-to-pay cycle from when the suppliers delivered goods to the warehouses. As a result, fill rates rose and on-shelf availability improved. Furthermore, this helped Prince Retail significantly improve its relationship with suppliers. About Algonomy Algonomy (previously Manthan-RichRelevance) empowers leading brands to become digital-first with the industry's only real-time Algorithmic Customer Engagement Platform that unifies data, decisioning, and orchestration across marketing, digital commerce, and merchandising for the retail industry. With industry-leading retail AI connecting demand to supply with a real-time customer data platform as the foundation, Algonomy enables 1:1 omnichannel personalization, customer journey orchestration, merchandise analytics, and supplier collaboration. Algonomy is a trusted partner to more than 400 leading retailers and brands, QSRs, convenience stores, and more; with a global presence spanning over 20 countries. More at algonomy.com . Source: Algonomy