Supply Chain Management for the Retail Industry

Avetta helps retailers gain full visibility into their supplier data, improving performance and strengthening collaboration.

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Importance of Supply Chain Management in the Retail Industry

As a retailer, you are dependent on the quality of the suppliers and contractors you manage. In fact, when errors or gaps in the supply chain occur, your business is the one that often covers the cost of increased operational expenses and expensive project delays. That’s why a thorough supply chain management solution is needed. It streamlines the qualification process and gives actionable insights to help strengthen your ROI.

New Markets

Expand Into New Markets with Confidence

When it’s time to move into new markets, you don’t want anything slowing you down. Being the first to market translates to a strong ROI. However, having the first mover benefit requires you to have qualified contractors and suppliers readily available to meet customer needs and expectations.

With tens of thousands of contractors in the Avetta network, you can easily find and onboard new suppliers in days. In fact, Deciem was able to increase their contractor count by 32% in the first month, helping them to expand into international markets.

Unnecessary Costs

Eliminate Unnecessary Costs

Retail is a heavily saturated market with both online and brick-and-mortar stories competing for limited consumer spend. Pricing yourself into the market goes beyond just sourcing materials correctly. It also means optimizing costly processes, including supply chain management.

Avetta helps organizations reduce the burden of contractor management, which in turn helps you save time and money. In fact, one of our clients saves close to $100,000 each year with our solution. Find out how much you could save with our free cost savings calculator.

Data-Driven Decisions

Harness the Power of Data-Driven Decisions

Manual qualification processes make it challenging to see safety and sustainability trends. With an increased focus in the industry on leading indicators, your supply chain management system must give you the insights you need to make responsible decisions.

Avetta’s award-winning Connect platform has a robust analytics tool that allows you to see real safety trends from your contractors. Whether you need a quick high-level glance at your suppliers’ compliance or an in-depth guide of their performance, our solution will help you.

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