Users like All-in-one platforms because they provide a single user experience and the potential for a comprehensive view of data
Santa Clara , CA (PRWEB) September 15, 2015
Manthan, global leader in retail analytics solutions, is helping retailers build a collaborative approach to their retail supply chain, by providing suppliers and retailers with unparalleled, two-way visibility into trading processes.
Vendor Link, Manthan’s All in One supplier collaboration platform, helps retailers to centralize all their interactions with suppliers, across every stage of the supply life cycle. It creates an intelligent supplier network by automating manual processes and enabling real time visibility for both retailers and suppliers, thereby helping them reduce supply risk.
Vendor Link enables retailers to integrate all their suppliers onto a web-based, self-service portal, in an extremely cost-effective manner that is certain to slash operational costs and maximize margins. Gartner observes that users like All-in-one platforms because they provide a single user experience and the potential for a comprehensive view of data. With an easy to use interface and the capability to share contextual insights from retail trading and operations data, Vendor Link gives the analytics edge to decision making for every role in the retail value chain.
Gartner states that most All-in-one supply collaboration solutions map master data on the fly for buyers with multiple ERP systems, enabling the buyer to skip a formal master data management project. Vendor Link's proprietary retail workflow engine with built in process governance, document exchange and content management enables retailers to streamline and drive the right process changes to make faster decisions in the procure-to-pay cycle.
As the only retail focused All-in-one supplier collaboration platform, Vendor Link ensures that Manthan’s extensive retail domain expertise addresses the complete supplier and product lifecycle. From new supplier on-boarding to new product introduction, from stock planning to order management, from promotions to display space planning and even supplier performance management– Vendor Link brings weaves actionable insights into retail trading workflows and enables a collaborative approach to each and every retail value chain process.
As a modular, cloud-based platform, Vendor Link easily integrates with existing ERPs and ensures faster adoption, higher scalability and enhanced supply chain agility. Granular retail data sharing capabilities enabled through Vendor Link provide retailers with a steady revenue stream through data monetization opportunities. Clear visibility of category and product performance at the shelves allows suppliers to match shopper preferences and fine tune their fulfillment strategies accordingly. “Many of our customers are already earning revenue with simple and effective data monetization strategies based on packaged insights that they share with their suppliers,” says Sameer Narula, VP, Supplier Collaboration and Analytics, Manthan.
With streamlined processes and data sharing comes the ability to drive better ROI from promotions, a faster approach to New Product Introductions (NPI) and thus successful product launches. “With real time information exchange, retailers and suppliers both have visibility into order status, delivery schedules and stock levels. This empowers them to do a course correction immediately, mitigating possible delays or maximizing returns on the flavour of the season”, inserts Sameer.
About Manthan :
Manthan is the Chief Analytics Officer for consumer industries worldwide. Manthan's portfolio of analytics-enabled business applications, advanced analytics platforms and solutions are architected to help users across industries walk the complete data-to-result path - analyze, take guided decisions and execute these decisions real-time. Sophisticated, yet intuitive analytical capability coupled with the power of big data, mobility and cloud computing, brings users business-ready applications that provide on-demand access and real-time execution - the only path to profit in a contemporary, on-demand and connected economy. Manthan is one of the most awarded analytics innovators among analysts and customers alike .To see how your business can gain from analytics, visit manthan.com.
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(*Gartner, 2015 Hype cycle for Procurement and Sourcing Solutions, Magnus Bergfors, Deborah R Wilson, 3 Aug 2015)
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