Get together with suppliers

Mpro - For Retail

Market Overview

The Challenge

How can retailers manage and control the procurement of non-merchandising goods in their store network?

The Symptoms

• Multiple stores in a chain placing individual, paper-based orders directly with various suppliers.
• Numerous suppliers delivering hundreds or thousands of products.
• Little visibility of goods received.
• Lack of control and visibility of expenditure.
• A labour-intensive invoice-matching process.

The Mpro Solution

Cutting the cost of doing business

Retailers faced with intense competition need to take a close look at their processes, cost structure and supply base to discover ways to minimise the cost of doing business.

Externally sourced goods and services account for a large proportion of a retailer's total cost base. Savings made here have a direct impact on the bottom line. Retailers must find ways of cutting both the cost of goods purchased from trading partners and the cost of purchasing these goods.

The Mpro solution helps retailers reduce costs and sustain competitive advantage by providing the most comprehensive solutions for streamlining and automating procurement of non-merchandising goods. From initial sourcing of goods and suppliers through payment and strengthening relationships with trading partners, Mpro gives retailers the control and capabilities required to realise continuous cost reductions and process improvements.

The Results

• Rapid implementation - retailers have a single infrastructure managed centrally.
• Improved supplier management - through the ability to manage the most reliable suppliers with the best quality and most cost-effective goods and services .
• Improved demand management - ensuring purchase of only the goods and services that are actually needed.
• Control of on-contract purchasing - leading to hard savings of up to 20% by purchasing only from contracted suppliers who meet their agreed levels of service and quality.
• More accurate purchasing processes - with fewer purchasing errors and reduced time devoted to incomplete orders, returned goods and managing credit/debit notes.
• Faster requisition processing - with a shorter requisition- to -settlement lifecycle, resulting in cost reductions.