Vendor Collaboration Fueled By Volatility

By Matt Pillar, Integrated Solutions For Retailers magazine

Back when retailing was simple — when e-commerce was in the future and manufacturers manufactured and stores sold — one could understand the industry's hesitation at the idea of transparent transaction and inventory-level data between retailers and suppliers. But, today's retail environment is complicated and ever more competitive. The rules of engagement have changed, and more retailers and suppliers have chosen to strategically align data and systems. This month, I discussed collaborative inventory management with Rob Byrne, CEO at Terra Technology.