pos station2-1Software analytics let retailers track usage, monitor changes, determine reorders and calculate when and how much to reorder, and check inventory levels on an item-by-item basis. Control of inventory begins right at the cash register: the point-of-sale (POS). Now, inventory records are always up-to-date. This allows better decisions about ordering and merchandising.

Red-important-stampIt used to be tough to talk EDI with a retailer: “Why should I replace a convenient FAX P/O that goes directly to the keypunch operator with a 'rip and read' document that must go through the data processing department before we ever get it?" The introduction of the electronic invoice caught their attention with faster payments. Now a host of new capabilities are available to help the retailer.

role-of-complexity-in-businessOnce we talk about a World class EDI system and couple it with risk and complexity, aren't we thinking of a Supply Chain Control Tower? The SCM control tower is the single point of contact to reduce complexity and risk. And guess what?, EDI is the glue that holds all the participants together.

emr-integrationDespite the cacophony of technology available today, not all industries have embraced or responded to it as steadily as it has proliferated our lives. Healthcare is one of those industries, although now it’s on the fast track.

Onboarding-SignThe onboarding process is not your “core competence” Mr or Ms Retailer. You need to be putting your efforts into sourcing stock and improving your marketing presence and dozens of other projects. Think about outsourcing to experts where ever possible.

hacker2EDI is a secure environment. At least that’s the premise that most supply chain professionals work by. And the truth is that for the most part the EDI transaction chain is very secure. But that doesn’t mean there aren’t areas to monitor and steps to take to make certain your assumptions about security are correct… and that your transactions are not going to be compromised.

3psBuild the greatest supplier collaboration system yet, but if your suppliers don't show up and endorse it, you are nowhere. The answer is three steps to bring the suppliers onboard. Plan, Prioritize and be Proactive: the “Three P's”.

edi integrationFor EDI-implemented companies, integrating transaction processing with ERP is the single biggest saver in improving process efficiency and reducing errors. Reaching the ultimate connection means minimizing keystrokes and eliminating duplicate effort through electronic, system-to-system updates of information.

outsource cio supply chainToday’s CIO has more on their mind than merely keeping their company’s data safe from hackers, which isn’t easy in light of the lightning speed technology is advancing. Matters such as BYOD, shadow IT, cloud migration and virtualization also tug for attention, but even that’s not everything a CIO has to master.

compliance-requirementsSimply filling orders is not enough to ensure retailers their customers are pleased with the products and services they receive from a company. In addition to fulfilling customer demands, retailers need to be concerned with the timeliness and accuracy of the orders they fill. Sales lost due to the shipment of incorrect or damaged products or even delayed delivery can lead to red ink coloring a bottom line. Certainly, that’s not an ideal situation.