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Neogrid Sourcing technology

unifies communication of

German retailer suppliers

 

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Challenge

 

Acquiring a new chain is always a challenge for any retailer. For a German multinational company, one of the largest supermarket chains in the world, this challenge was even greater. When acquiring a French discount retailer, it needed to renegotiate and unify the communication of 550 new units to its chain. Moreover, the chain had time against it, since the acquisition took place close to Christmas and the launch was scheduled for December of the same year.

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Solution

 

To solve this challenge, the German company used Neogrid's Sourcing solution. In order to deliver everything working seamlessly within eight weeks, it was necessary to expand the implementation activities, as the German chain has 1000 SKUs on the platform and more than 400 suppliers.

 

As the new acquisition increased the number of the chain stores on French soil by 50%, many renegotiations with suppliers on pricing and products needed to be done efficiently - and, for this, Soucing made a huge difference. Contact with suppliers was facilitated by the solution, because it enables quotations and contract management, ensuring the company is more agile in complex purchases.

 

The solution was developed to connect the retailer to the supplier, allowing the retailer to describe what they really want and need in order for a company to be their supplier.

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Solution

 

To solve this challenge, the German company used Neogrid's Sourcing solution. In order to deliver everything working seamlessly within eight weeks, it was necessary to expand the implementation activities, as the German chain has 1000 SKUs on the platform and more than 400 suppliers.

 

As the new acquisition increased the number of the chain stores on French soil by 50%, many renegotiations with suppliers on pricing and products needed to be done efficiently - and, for this, Soucing made a huge difference. Contact with suppliers was facilitated by the solution, because it enables quotations and contract management, ensuring the company is more agile in complex purchases.

 

The solution was developed to connect the retailer to the supplier, allowing the retailer to describe what they really want and need in order for a company to be their supplier.

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Result

 

The agility provided by Sourcing, by solving everything in one place, was essential to organize negotiations with suppliers and supply points of sale. Other improvements also stood out, such as providing initial insights into capacity constraints to make alternative plans; reducing the time spent by buyers, through a platform to facilitate communication with suppliers and price negotiations (automation); and, finally, collecting responses for management tracking and savings versus target reports.

Do like one of the largest supermarket chains in the world and invest in technology to facilitate complex purchases for your company and always have the best suppliers. Contact Neogrid right now!

 

 

Fill out the form below and one of our specialists will contact you!

 

 

 
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