BOOSTING PROFITS THROUGH SUPPLY CHAIN INTEGRATION BEST PRACTICES FOR RETAILERS, GROCERS AND DISTRIBUTORS INFINITE RETAIL POWER TM
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1 1 BOOSTING PROFITS THROUGH SUPPLY CHAIN INTEGRATION BEST PRACTICES FOR RETAILERS, GROCERS AND DISTRIBUTORS INFINITE RETAIL POWER TM
2 BOOSTING PROFITS THROUGH SUPPLY CHAIN INTEGRATION BEST PRACTICES FOR RETAILERS, GROCERS AND DISTRIBUTORS Increase Sales And Profits With Supply Chain Insight... 2 Get Deeper Knowledge Of Order Performance... 3 Overcome Visibility Roadblocks... 4 Gain Real-Time Insight... 5 Prevent Out-Of-Stock And Overstock... 6 Forge Supplier Partnerships...7 Measure And Improve Vendor Performance... 8 Adopt A Standard Platform... 9 Ensure Supplier Adoption...10 Leverage External Experts Free Your Internal Resources...12 Integrate All Trading Partners...13 Join Other Industry Leaders...14 Connect With SPS Commerce...15 This e-book is published by SPS Commerce, a leader in enterprise retail cloud services. Find more resources at 1. Boosting Profits Through Supply Chain Integration
3 INCREASE SALES AND PROFITS WITH SUPPLY CHAIN INSIGHT DRIVE HIGHER SALES + PROFITS WITH INSIGHT INTO ORDER PERFORMANCE YOU NEED TO KNOW: WHAT PRODUCTS SELL BEST WHICH SUPPLIERS DELIVER ON TIME WHICH SUPPLIERS MEET YOUR ORDER PERFORMANCE REQUIREMENTS With this information, you can make decisions that can directly affect your profitability. Gaining visibility into your suppliers performance can be a daunting task. Do you have the right tools? 2. Boosting Profits Through Supply Chain Integration
4 GET DEEPER KNOWLEDGE OF ORDER PERFORMANCE INCREASE VISIBILITY OF THE DATA YOU NEED TO: REDUCE INVENTORY & INCREASE SELL-THROUGH PROMOTE BEST-SELLING PRODUCTS WITH CONFIDENCE A 5% improvement in on-time delivery and fill rates reduces inventory by over 2% Source: CPFR co-chair 3. Boosting Profits Through Supply Chain Integration
5 OVERCOME VISIBILITY ROADBLOCKS TURN SUPPLY CHAIN DATA INTO ACTIONABLE INFORMATION > > Access quick and accurate tools to make sense of sales and inventory data > > Identify and understand critical trends > > Gain insight into key performance metrics SALES INVENTORY > > Analyze ship timeliness, fill rate and PO acknowledgement timeliness YESTERDAY TODAY TOMORROW NEXT WEEK 4. Boosting Profits Through Supply Chain Integration
6 GAIN REAL-TIME INSIGHT ACT FAST WHEN TRENDS OCCUR > > Get up-to-the-minute knowledge of what is selling, what products are on the way, and who can be relied upon to deliver. Sell more and improve profits. > > SPS Commerce brings performance data together in near real time. > > Get detailed information when you need it, and make accurate decisions. PO ACKNOWLEDGEMENT INVENTORY UPDATE ADVANCE SHIP NOTIFICATION INVOICE 5. Boosting Profits Through Supply Chain Integration
7 PREVENT OUT-OF-STOCKS AND OVERSTOCKS AND SAVE MONEY REAL-TIME ORDER PERFORMANCE VISIBILITY MONITOR VENDOR HISTORY AND CURRENT SHIPMENTS REDUCE INVENTORY WITHOUT RISKING OUT-OF-STOCKS PREVENT SUPPLIER ISSUES BEFORE THEY OCCUR 6. Boosting Profits Through Supply Chain Integration
8 FORGE SUPPLIER PARTNERSHIPS MAKE THE MOST OF COMBINED ASSETS > > Collaborate with your suppliers and better understand their plans, capabilities and products. > > Enable both parties to be more profitable while meeting the needs of the end customer by sharing order performance data. 7. Boosting Profits Through Supply Chain Integration
9 MEASURE AND IMPROVE VENDOR PERFORMANCE THROUGH SUPPLY CHAIN VISIBILITY > > Identify top performing vendors. > > Deepen your relationship with reliable vendors. > > Key in on poor supply chain performance. > > Identify lagging suppliers and work with them to improve performance. FLEXIBILITY RESPONSIVENESS SALES & TECHNICAL SUPPORT DELIVERY FINANCIAL STABILITY STAFFING RESOURCES EDI COMPLIANCE VENDOR SCORE 8. Boosting Profits Through Supply Chain Integration
10 ADOPT A STANDARD PLATFORM USED BY THOUSANDS OF SUPPLIERS > > Increase and speed adoption rates by choosing the industry leader in supply chain integration. Reusable Business Process > > Leverage SPS Commerce s experience helping thousands of suppliers, retailers and other trading partners improve integration and collaboration. Technology Infrastructure Data Staff More than 50,000 customers in 40 countries trust supply chain management solutions from SPS Commerce. 9. Boosting Profits Through Supply Chain Integration
11 ENSURE SUPPLIER ADOPTION JOIN A LARGE TRADING PARTNER COMMUNITY > > Save time and expense convincing reluctant vendors to share data. > > Offer vendors streamlined access to thousands of trading partners without investing in multiple tools. > > Let SPS Commerce introduce your suppliers to more than 1,800 pre-built connections to retailers, grocers and distributors. > > Save both time and money through faster enablement of your suppliers. 10. Boosting Profits Through Supply Chain Integration
12 LEVERAGE EXTERNAL EXPERTS WE UNDERSTAND SUPPLY CHAIN COMPLEXITY > > Partner with professionals skilled in the needs of retailers and the tools to make the information actionable. > > Take advantage of experts who have the technology and expertise to help. > > Let us guide your company through our best-practices approach to maximize adoption and deliver higher profitability. > > Minimize disruption with the help of over 600 supply chain experts at SPS Commerce. 11. Boosting Profits Through Supply Chain Integration
13 FREE YOUR INTERNAL RESOURCES FOCUS ON WHAT YOU DO BEST > > Watch SPS Commerce bring the pieces and players together easily and quickly with few or no resources from your team. > > Let SPS Commerce manage your vendor onboarding and integration initiatives, so you can focus on running your business. SPS COMMERCE: DEVELOPS MESSAGING EX AMINES SUPPLIER COMMUNITY DEVELOPS ROLLOUT PLAN EXECUTES SUPPLIER CAMPAIGN CERTIFIES SUPPLIERS PROVIDES ON-GOING SUPPORT 12. Boosting Profits Through Supply Chain Integration
14 INTEGRATE ALL TRADING PARTNERS SPS EXPERTS BRING IT ALL TOGETHER > > SPS understands retailers and suppliers needs. > > SPS delivers visibility across the entire trading community. > > SPS works with both retailers and suppliers to implement solutions and processes that work for both parties. 13. Boosting Profits Through Supply Chain Integration
15 JOIN OTHER INDUSTRY LEADERS BEAT THE COMPETITION AND REDUCE COSTS GAIN INFINITE RETAIL POWER WITH SPS COMMERCE > > Competition is high, and margins are small. > > Use the SPS platform to make better decisions about products, suppliers and the overall supply chain. > > Quickly move toward better sell-through rates, fewer stock-outs and higher margins. INFINITE RETAIL POWER TM 14. Boosting Profits Through Supply Chain Integration
16 CONNECT WITH SPS COMMERCE TO CONNECT WITH YOUR TRADING PARTNERS L E A R N H O W T O BOOST PROFITS THROUGH SUPPLY CHAIN INTEGRATION Visit where you can: Locate resources for retailers, grocers, suppliers and distributors AND Learn about the latest news and trends impacting the retail supply chain on our blog AND Join the Retail Universe social community to discover new partners and connect with the world s top retailers, suppliers and 3PLs Twitter Google+ LinkedIn P spscommerce.com
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