Business Process
SPA brings in Business Process efficiency and best-practice standardization at every step in your interaction with vendors and suppliers.
It improves your end-to-end supplier interaction and supply chain business processes:
- Streamlines Purchase Order to Payment Cycle (from PO raising to goods receipt and payment cycle) leading to the ‘Perfect Order’ every time
- Automates Accounts Reconciliation resulting in reduced payment disagreements
- Supports quick vendor and product listing, enabling you to rapidly select vendors and products, based on quality, competition and terms of offer
- Increases speed-to-market on high-potential products
- Enables superior localization and greater relevance of assortments
- Ensures Master Data accuracy – getting it right the ‘first time and every time’
- Enables speedy assortment changes and price revisions
- Supports quick stock deliveries and improved fill rates
- Enhances stock management across stores reducing the occurrence of out-of-stocks (OOS)
- Enhances supplier participation in promotion cycles through timely promotion initiations, effective negotiations and enhanced visibility of item performance
- Ensures timely accrual of promotion chargeback
- Supports a range of business models including outright buy, consignment (scan based trading), models concessionaire (shop in shop/rental model)
- Supports customized workflows and negotiation of sound business models with suppliers
- Enables healthy and quick ROI through speedy deployment
- Improves import planning, better negotiation and stocks visibility with reduced lead time for stocks
- Supports end-to-end process automation for import logistics from international markets Suppliers to Retailer’s base in own countries.
