It is an Imperative to Re-think Collaboration

From the creation of the first EDI initiatives in Commerce1 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.