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BOOSTING PROFITS THROUGH SUPPLY CHAIN INTEGRATION BEST PRACTICES FOR RETAILERS, GROCERS AND DISTRIBUTORS INFINITE RETAIL POWER TM

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Best Practices For Retailers, Grocers and Distributors

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Page 1: Boosting Profits Through Supply Chain Integration

1

BOOSTING PROFITS THROUGH SUPPLY CHAIN INTEGRATIONBEST PRACTICES FOR RETAILERS, GROCERS AND DISTRIBUTORS

INFINITE RETAIL POWERTM

Page 2: Boosting Profits Through Supply Chain Integration

INFINITE RETAIL POWERTM

1. Boosting Profits Through Supply Chain Integration

INFINITE RETAIL POWERTM

BOOSTING PROFITS THROUGH SUPPLY CHAIN INTEGRATIONB E S T P R A C T I C E S F O R R E TA I L E R S , G R O C E R S A N D D I S T R I B U T O R S

Increase Sales And Profits With Supply Chain Insight ....................... 2Get Deeper Knowledge Of Order Performance ................................... 3Overcome Visibility Roadblocks .............................................................. 4 Gain Real-Time Insight ............................................................................... 5Prevent Out-Of-Stock And Overstock .................................................... 6Forge Supplier Partnerships ......................................................................7Measure And Improve Vendor Performance ........................................ 8Adopt A Standard Platform ...................................................................... 9Ensure Supplier Adoption .........................................................................10Leverage External Experts ....................................................................... 11Free Your Internal Resources ...................................................................12Integrate All Trading Partners ................................................................13Join Other Industry Leaders ...................................................................14Connect With SPS Commerce ..................................................................15

This e-book is published by SPS Commerce, a leader in enterprise retail cloud services. Find more resources at www.spscommerce.com.

Page 3: Boosting Profits Through Supply Chain Integration

INFINITE RETAIL POWERTM

2. Boosting Profits Through Supply Chain Integration

INCREASE SALES AND PROFITS W I T H S U P P LY C H A I N I N S I G H T

INFINITE RETAIL POWERTM

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?

D R I V E H I G H E RSALES + PROFITSW I T H I N S I G H T I N T OORDER PERFORMANCE

YOU NEED TO KNOW:

WHAT PRODUCTS SELL BEST

WHICH SUPPLIERS DELIVER ON TIME

WHICH SUPPLIERS MEET YOUR ORDER PERFORMANCE REQUIREMENTS

Page 4: Boosting Profits Through Supply Chain Integration

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3. Boosting Profits Through Supply Chain Integration

G E T D E E P E R K N O W L E D G E O F

ORDER PERFORMANCE

INFINITE RETAIL POWERTM

REDUCE INVENTORY

&INCREASE

SELL-THROUGH

PROMOTEBEST-SELLING

PRODUCTSWITH

CONFIDENCE

“ A 5% improvement in on-time delivery and fill rates reduces inventory by over 2%”Source: CPFR co-chair

INCREASE VISIBILITY OF THE DATA YOU NEED TO:

Page 5: Boosting Profits Through Supply Chain Integration

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4. Boosting Profits Through Supply Chain Integration

OVERCOME VISIBILITY ROADBLOCKST U R N S U P P LY C H A I N D ATA I N T O A C T I O N A B L E I N F O R M AT I O N

INFINITE RETAIL POWERTM

> Access quick and accurate tools to make sense of sales and inventory data

> Identify and understand critical trends

> Gain insight into key performance metrics

> Analyze ship timeliness, fill rate and PO acknowledgement timeliness YESTERDAY

SA

LES

INV

EN

TO

RY

TODAY TOMORROW NEXT WEEK

Page 6: Boosting Profits Through Supply Chain Integration

INFINITE RETAIL POWERTM

5. Boosting Profits Through Supply Chain Integration

> 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.

GAIN REAL-TIME INSIGHTA C T F A S T W H E N T R E N D S O C C U R

PO ACKNOWLEDGEMENT

INVENTORY UPDATE

ADVANCE SHIP NOTIFICATION

INVOICE

Page 7: Boosting Profits Through Supply Chain Integration

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6. Boosting Profits Through Supply Chain Integration

PREVENT OUT-OF-STOCKS AND OVERSTOCKSA N D S A V E M O N E Y

INFINITE RETAIL POWERTM

REAL-TIME ORDER

PERFORMANCE VISIBILITY

MONITORVENDOR HISTORYAND CURRENT SHIPMENTS

REDUCE INVENTORYWITHOUT RISKINGOUT-OF-STOCKS

PREVENT SUPPLIERISSUES BEFORETHEY OCCUR

Page 8: Boosting Profits Through Supply Chain Integration

INFINITE RETAIL POWERTM

7. Boosting Profits Through Supply Chain Integration

FORGE SUPPLIER PARTNERSHIPSM A K E T H E M O S T O F C O M B I N E D A S S E T S

INFINITE RETAIL POWERTM

> 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.

Page 9: Boosting Profits Through Supply Chain Integration

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8. Boosting Profits Through Supply Chain Integration

V E N D O R S C O R E

F L E X I B I L I T Y

1 2 3 4 5

R E S P O N S I V E N E S S

1 2 3 4 5

S A L E S & T E C H N I C A L S U P P O R T

1 2 3 4 5

D E L I V E R Y

1 2 3 4 5

F I N A N C I A L S TA B I L I T Y

1 2 3 4 5

S TA F F I N G R E S O U R C E S

1 2 3 4 5

E D I C O M P L I A N C E

1 2 3 4 5

24

> 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.

MEASURE AND IMPROVE VENDOR PERFORMANCET H R O U G H S U P P LY C H A I N V I S I B I L I T Y

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9. Boosting Profits Through Supply Chain Integration

ADOPT A STANDARD PLATFORMU S E D B Y T H O U S A N D S O F S U P P L I E R S

> Increase and speed adoption rates by choosing the industry leader in supply chain integration.

> Leverage SPS Commerce’s experience helping thousands of suppliers, retailers and other trading partners improve integration and collaboration.

“More than 50,000 customers in 40 countries trust supply chain management solutions from SPS Commerce.”

TechnologyInfrastructure

Reusable Business Process

Staff

Data

WEBFORMS

SEND OPTIONSEXTRACT

SUPPLIERS INVENTORY UPLOAD RETAILERS

INVENTORY UPLOADSERVICE

AUTOMATED

AUTOMATED

E-COMMERCESYSTEMS

ITEM MASTER

INVENTORYSYSTEMSEDI

846

EDI846

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10. Boosting Profits Through Supply Chain Integration

ENSURE SUPPLIER ADOPTIONJ O I N A L A R G E T R A D I N G P A R T N E R C O M M U N I T Y

> 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.

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11. Boosting Profits Through Supply Chain Integration

> 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.

LEVERAGE EXTERNAL EXPERTSW E U N D E R S TA N D S U P P LY C H A I N C O M P L E X I T Y

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12. Boosting Profits Through Supply Chain Integration

FREE YOUR INTERNAL RESOURCESF O C U S O N W H AT Y O U D O B E S T

> 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 PL AN

EXECUTES SUPPLIER CAMPAIGN

CERTIFIES SUPPLIERS

PROVIDES ON-GOING SUPPORT

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13. Boosting Profits Through Supply Chain Integration

INTEGRATE ALL TRADING PARTNERSS P S E X P E R T S B R I N G I T A L L T O G E T H E R

> 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.

Page 15: Boosting Profits Through Supply Chain Integration

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14. Boosting Profits Through Supply Chain Integration

JOIN OTHER INDUSTRY LEADERSB E AT T H E C O M P E T I T I O N A N D R E D U C E C O S T S

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 POWERTM

Page 16: Boosting Profits Through Supply Chain Integration

CONNECT WITH SPS COMMERCE T O C O N N E C T W I T H Y O U R T R A D I N G P A R T N E R S

L E A R N H O W T OBOOST PROFITSTHROUGH SUPPLY CHAIN INTEGRATION

Twitter Google+ LinkedIn | P. 612-435-9400 | spscommerce.com

INFINITE RETAIL POWERTM

Visit www.spscommerce.com where you can:

Locate resources for retailers, grocers,

suppliers and distributors

AND AND

Learn about the latest news and trends

impacting the retail supply chain on our

blog

Join the Retail Universe social

community to discover new partners and connect with the

world’s top retailers, suppliers and 3PLs