Retail

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