Elegant Execution That Cuts Cycle Time
and Improves Gross Margin
Vendors and retailers have a tight interdependency which is readily apparent
when it comes to getting the right merchandise on the shelf at the right price
point at the right time. When you and your vendors can act synergistically, you
will cut cycle time and get products to market sooner.
Retail business success depends on accurate product information. Internally,
buyers also have to provide a "good hand off" of items to purchase to the
IT/EDI department. A good hand off provides correct data for their order management
system which can result in a 1% improvement to your gross margin.
In 2005, AMR Research reported that just a 3% improvement
in perfect order fulfillment will increase profits by 1%.
AMR Research further estimated that
00 20% of all orders are in error
00 43% of errors results in deductions or overpayments
How can you move from the frantic footwork necessary to push error-prone
paper processing to elegant execution that will increase margin?
Addressing
the Pain Points
of Retail Vendor
Management
Business Process Management
September 2007
How can you move
from the frantic footwork
necessary to push error-prone
paper processing to elegant
execution that will
increase margin?
New Item Set Up
Vendor Submitted
Price Adjustment
Promotional
Development
Data Transfer to
Company IT Systems
Company-wide
Status Visibility
Company-wide
Change Deployment
Improved service levels
Improved speed of supply chain
Reduced cost of change deployment
Dayhuff Group Vendor Management Solution , built on the IBM FileNet P8 Platform, improves the critical stages of item set up
and vendor on-boarding with your suppliers and vendors to improve efficiency and accuracy. Take a look at some of the
process points that we address:
Process Enhancement
Common Pain Points
New Vendor
Applications
Results
Submission by vendors through
secure web browser
Automatic routing of forms and supporting
documents to retailer's decision makers
Electronic signatures applied online
All steps continuously tracked
Submission by vendors through secure web
browser
Automatic routing of forms and supporting
documents to retailer's decision makers
Electronic signatures applied online
All steps continuously tracked
Submission by vendors through secure web
browser
Automatic routing of forms and supporting
documents to retailer's decision makers
Electronic signatures applied online
All steps continuously tracked
Vendors and retailers securely monitor each
stage of process online
Respond to questions online
Institute changes online
Support for image content and product data
for in-store, print catalog and website
applications
Electronic, accurate handoff of data to order
entry, accounts payable and other systems
such as website
Real time status of activity
All steps continuously tracked
Centralized data
Management allowing easy implementation
of new requirements
Fast notification and easy correction
when data problems are found
Data accurately handed off to other
departments
Inbound data quality assurance via
checks including GTIN uniqueness,
check digit validity, and more
Fast notification and easy correction
when data problems are found
Approved changes can be effectuated
immediately throughout all stores
Efficient reconciliation of price
adjustment, reducing errors in
deductions and overpayments
Reduce promotional development
time by up to 50%
Elimination of human errors
associated with re-entry
Expedited transfer time
Reduced vendor/item approval
to order to payment cycle
How Product Features Stack Up to Other Retail Solutions
About Dayhuff Group
Dayhuff Group specializes in delivering fast, focused, high-quality yet cost-effective Enterprise
Content Management solutions. Our range of experience, the scope of our expertise, and our
delivery model makes Dayhuff Group a special breed in the technology services field. We put
those attributes to work in order to guarantee our clients short-cycle project completion with
real-world budgets. The result: innovative, problem solving technology services that improve
efficiency, reduce costs, and increase revenues. Visit us at www.dayhuffgroup.com
About IBM ECM
As the clear market leader in Enterprise Content Management (ECM), IBM's ECM solutions
help organizations make better decisions, faster by managing content, optimizing business
processes and enabling compliance through an integrated information infrastructure. IBM's
ECM portfolio delivers a broad set of capabilities and solutions that integrate with existing
information systems to help organizations drive greater value from their content to solve
today's top business challenges. The world's leading organizations rely on IBM enterprise
content management to manage their mission-critical business content and processes.
Kathleen Gammon
Dayhuff Group
Ph: 513 300-3272
Email: kgammon@dayhuffgroup.com
* Email Attachments
Dayhuff Group's Retail Vendor Management, built on the IBM FileNet P8
Platform, provides a more elegant, effortless and synergistic processs to get the
right merchandise at the right price point on the shelf at the right time.
To learn more on how to continuously
execute smooth handoffs internally
and with your vendor community,
please contact:
Our customized screens, tailored to
your existing forms, make it easy
to initiate actions, make changes
and keep abreast of change status
as it moves through the system:
漏 Copyright IBM Corporation 2007 路 IBM Corporation 路 3565 Harbor Boulevard 路 Costa Mesa, CA 92626-1420 路 USA 路 Printed in the USA 路 09-07 路 All Rights Reserved.
IBM and the IBM logo are trademarks of IBM Corporation in the United States, other countries or both. All other company or product names are registered trademarks or trademarks of
their respective companies. For more information, visit ibm.com/software/data/cm.grate with existing information systems to help organizations drive greater value from their content to solve
today's top business challenges. The world's leading organizations rely on IBM enterprise content management to manage their mission-critical business content and processes.
Dayhuff Group Retail
Vendor Management
Feature
Typical Retail Solution
Secure Web Browser Submissions
Automatic Routing of Various Forms
and Supporting Documents
Electronic Signatures
Real-time Status Reports
Inbound Data Quality Checks
Automated Notification
and Easy Corrections
of Data Problems
Integrated Submission of
Vendor Applications
Integrated Vendor Initiated
Price Adjustments
Electronic Transfer of Data
to Other Internal Systems
YES
YES
YES
YES
YES
YES
YES
YES
YES
Typical Legacy System
YES
NO
YES
NO
YES
Limited
NO
NO
Limited
NO*
NO
NO
NO
Function of spreadsheet
NO
NO*
NO
NO
search
