You are on page 1of 1

Foundation Data

Challenge Solution
Coordination throughout the organization irrespective Setting up the Organization Hierarchy & Centralizing the
of boundaries due to diverse policies & procedure. facility.
Coordination between the departments & divisions to Setting up merchandise hierarchy to support product
manage the product line. management
Build a better supplier partnership Setting up a supplier structure and maintain a variety of
information about supplier
Maintenance of product database RMS groups the items together into a family structure

Purchase

Challenge Solution
Reduce Life cycle times of Purchase Orders, invoice Quick Creation & Approval of Purchase Orders
processing & P2P workflows
Planning of material arrival in the factory Advance shipping notification(ASN) provided against the
PO’s keep the factory/store prepared for inward
Improving spend transparency & Visibility across Access to detailed reports on Purchase and Payments to
Procurement vendors

Deals

Challenge Solution
Liquidation of Outstanding Inventory Vendor funded Promotion deals helps in offering
discounts to customers and facilitate sales
Reduce cost to remain Competitive & improve margins Discounts amount directly deducted from PO at certain
threshold quantity
Optimum utilization of Shelf space in stores Fixed Deals provide a fixed discount to retailer in return
for advertising their products

You might also like