The Retail industry was an early adopter of low-cost sourcing
strategies and must increasingly improve the efficiency of import operations to maintain
a competitive edge by reducing cash-cash cycles and finding ways of lowering total
delivered costs.
Challenge
Retailers have always faced long lead times and supply chain variability, but these
issues are magnified given the proliferation of products to address an increasing
number of retail ‘seasons’. Also, the over-reliance on promotional strategies and
the tenuous link to sell-through forecasts causes inventory imbalances and billions
of dollars in lost sales each year through stockouts or markdowns.
Solution
Management Dynamics allows retailers to address these challenges through a higher level
of automation in their global supply chain. Our GTM solutions help retailers streamline
their value chain in a number of important ways including:
Trade Planning solutions to
determine alternative sourcing and distribution strategies
based on total landed costs and applicable regulatory controls
Trade Compliance solutions to automate the documentation process and establish
reasonable care throughout import and export operations
Transportation Management solutions to manage international freight and
contain landed cost variances due to logistics over-runs
Performance Management
tools to implement Six Sigma initiatives with a comprehensive source of supply chain
data and advanced analytical tools and scorecards
Trade Finance solutions to reduce the total cost of financing the value
chain especially through Supplier Early Payment Programs