Magazine Article | December 14, 2014

Moving The Industry Forward: Retailer-Supplier Collaboration

Source: Innovative Retail Technologies

By Erin Harris, Editor-In-Chief, Cell & Gene
Follow Me On Twitter @ErinHarris_1

January 2015 Integrated Solutions For Retailers

Supply chains are getting longer yet faster. Enhanced inventory visibility techniques will ultimately allow retailers to address the speed factor. Retailers that have learned to capture, measure, and report on supplier performance across the full product life cycle management process can then address, collaborate, and work to improve supplier performance to meet and often exceed their corporate standards. This disciplined, ongoing process results in a high performing supplier community for the retailer and significant financial gains from inventory, promotion, and expense management. And, that’s where Retail Value Chain Federation (RVCF) comes in. RVCF works with retailers to help them understand what a perfect order looks like and how to negotiate, communicate, and work with suppliers to maximize their performance. I caught up with RVCF’s founder and Integrated Solutions For Retailers’ editorial board member, Kim Zablocky, to review some of the major topics that will affect retailers in 2015.