World of retailers is challenged by several layers of complexity:
- Customer segmentation is more sophisticated
- Item stratification and vertical integration have improved
- The expansion of sales channels has added convenience for the consumer
- The channels through which products and services are sourced have grown
- Traditional supplier-to-DC-to-store model has been joined by supplier drop-ships to stores, the use of stores as “forward stocking locations”, and other inventory deployment strategies
- The points from which product is fulfilled to the consumer have grown – with supplier-to-consumer drop ships, DC-to-consumer and store-to-consumer shipments
= More and more complexity!
This complex diversity creates numerous “blind spots” for the retailer:
- There’s rarely a single per-location view of all on-hand and available-to-promise inventory.
- The status of orders and shipments is rarely available in a timely, manageable form.
- And, the effective tracking of supplier-to-consumer drop ships is a pipe dream for most retailers.
Sterling Managed File Transfer for Retailers can help solving these various layers of complexity, helping organization in the most strategic processes to improve growth and profitability.
Those processes includes:
- Need for dependable, timely up/down load between corporates and stores
- Pricing
- Promotions
- Coupons
- Acquisitions and new store openings
- Security and PCI – Many retailers say they are compliant, but how automated is the process
Register to download your free Executive Kit for Retailers and learn how to:
- Protect your Cardholder File (PCI)
- Convert Information into Cash
- Better manage your stock information and flows
Thank you…