New Software Supplier Collaboration Module
4th April 2020 | 1 min read
Retail Express has launched a new generation Supplier Collaboration module as part its Intelligent Merchandising platform. The solution provides a two-way Supplier Portal that connects with the heart of the Promotional Module and allows the Retailer and Vendors to plan, negotiate and agree deals and allowance for Promotions, Media, and Promotional Displays, and creates a digital contract and tracks Supplier Funding for both parties.
This solution transforms the retail / supplier processes which are historically based on phone calls, emails and spreadsheets leading to an administrative nightmare in claiming the Suppliers Funding because the lack of systemic systems to define the agreement making collection difficult. Retailers are dealing with between 1,000 and 3,000 Suppliers and their funding contributes more than £10 Billion to UK Retailing per annum.
