From the creation of the first EDI initiatives in Commerce to category management, ECR or VMI (vendor managed inventory), retailers and suppliers have always been trying to reinforce their collaboration to add value in the supply chain.
Still, these initiatives have often stalled by a perception of risk – often more perceived at retailer side.
A new mindset towards collaboration and technology can help retailers and their suppliers not only strengthen their supply chain, but also improve Range, Assortment, Promotions and Customer Engagement.
As certain countries are slowly easing restrictions and entering a re-build phase, now is a good time to rethink collaboration between retailers and their suppliers and try new approaches with a new mindset.
RECENT EVENTS HIGHLIGHT THE COSTS OF A LIGHT APPROACH TO COLLABORATION
Nobody nor any technology could have reasonably forecasted the terrible events that started early this year. Using what retailers and suppliers through during that last few months as the basis of argument can be perceived as misplaced.
Still what happened highlighted certain already existing – or non-existing practices, and this is on these highlights we are focusing.
For the last few months, after having found solutions to ensure Teams and Customers safety – the retail heroes will never be praised enough - many retailers in South-East Asia have been then looking for available products.
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