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BOOSTING PROFITS THROUGH SUPPLY CHAIN INTEGRATIONBEST PRACTICES FOR RETAILERS, GROCERS AND DISTRIBUTORS
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1. Boosting Profits Through Supply Chain Integration
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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.
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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
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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
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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
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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:
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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
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> 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
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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
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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
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REAL-TIME ORDER
PERFORMANCE VISIBILITY
MONITORVENDOR HISTORYAND CURRENT SHIPMENTS
REDUCE INVENTORYWITHOUT RISKINGOUT-OF-STOCKS
PREVENT SUPPLIERISSUES BEFORETHEY OCCUR
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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
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> 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.
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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.
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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.
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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
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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
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