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A STRATEGIC IMPERATIVE FOR RETAILERS
Accelerate Global GrowthHow to Combat Uncertainty and Volatility in New International Markets
For retailers to expand globally, they need to have
access to a large network of providers and be able to
change their expansion plan easily. When a company
expands into a new country, they might have limited
data on product viability, consumer needs and buying
habits, regional sourcing options, and reliable compa-
nies to partner up with. When they make decisions on
this limited data, it’s often hard to make changes as
challenges appear.
Even if a retailer can find good partners, it’s not guar-
anteed they will use similar systems, standardized
data, or even the same language and currency. It can
hinder communication and performance analytics
when there is not a single platform for real-time infor-
mation.
Impact of Poor Growth Strategy
Global growth can slow or come to a halt when retail-
ers are not equipped with the right technology to man-
age such an intricate supply chain. Without a cloud-
based platform, they are likely to experience:
• Inability to expand quickly enough
• Difficulty identifying and managing new suppliers
and partners
• Difficulty integrating partners with existing systems
• Difficulty managing cross border payments from
subsidiaries or distributors
• Poor use of inventory to meet demand in different
regions
The Root of the Problem
The core cause of bad global growth strategy is the
unknown. Retailers may not know what the demand is,
how to handle outbound flows, and who to partner
with. With only a traditional ERP system, there’s no way
to integrate data to make smart decisions in new mar-
kets.
1. Lack of global visibility
When there is no consolidated view of global
demand, no view of outbound supply, and multiple
sources of visibility data, the following occurs:
• Inability to allocate to regional demand
• Inability to consolidate purchasing
2. No established network of partners
When retailers don’t know which partners are the
best option and supply chains are not integrated,
there is no easy sharing of comprehensive supply
chain data. This leads to:
• Poor use of procurement budget
• Difficulty in switching to better partners when per-
formance is failing
The Challenge
Expanding internationally or adding categories is difficult with a complex global supply chain.
RegionalProduction
Hubs
LATAMStores
NAMStores
EUStores
Middle EastStores
Asia Stores
Adding regions without good data leads to confusion and poorly vetted partnerships.
Retailers can accelerate global growth by using cloud-
based technology to bring all of their global providers
and potential partners onto the same network. Unlike
with traditional ERP systems, cloud technology makes
it easy to bring on new suppliers and partners and
communicate with all of the stake-holders in a supply
chain. Data on new markets can be gathered in real
time and changes made to strategy as needed.
Suppliers & Agents
LogisticsServiceProviders
FreightCarriers
FinancialServiceProviders
Out of Market
DC Space & Labor
OrderDistribution Cross Dock
Postpone-ment
On Order In Production At Origin In Transit
In CustomsInlandDelivered
Sample Enabled Workflows
Operating Platform
Partner Network
Throughout the supply chain, retailers can adapt their growth
strategy based on information along the way.
Adopt a flexible, scalable cloud platform to collect
data from new markets.
• Enable electronic data management and payment
• Use electronic documentation to move goods fluidly
across a global network
• Handle complex, multi-leg intercontinental flows
(factories, in-country DC, end delivery)
• Use dashboards and KPIs highlighting supply chain
variability, bottlenecks, etc.
How to use it to accelerate global growth:
1. Improve sourcing by identifying “at risk” orders
2. Plan inventory with high reliability
3. Measure provider accountability
4. Manage cash settlement and discounts
5. Better communicate with customers to make
more sales
Value Propositions
By using a platform that allows global providers to plug
into a cloud-based network, retailers can bring in crucial
supply chain data from sources in emerging markets.
They can:
1. Increase sales and service levels through
reallocation
• Rapidly respond to customer demand
2. Improve brand equity and repeat business
• Achieve faster and more efficient market entry
• Solidify position as reliable and on-trend retailer
3. Increase COGS through better sourcing strategy
• Use pre-integrated supplier network
4. Lower admin costs with elimination of manual
processes
5. Increase revenue through global growth
• Accelerate new market entry
• Improve product availability globally
• Optimize use of inventory to increase margins
Global Growth and the Networked Company
To accelerate global growth, companies must transform
themselves from silo-based, inward-facing corporate
operators to interconnected, highly agile business
network orchestrators.
NetworkConnectivity
Agility
B
A
Sense more accurately
Operate more e�ciently
Respond faster
Make better decisions
Global growth is driven by a real
understanding of emerging markets.
Without supply chain data for these
regions, retailers will lose out to their
more equipped competitors.
The Solution
GT Nexus provides the cloud-based collaboration platform that leaders in nearly
every sector rely on to automate hundreds of supply chain processes on a global
scale, across entire trade communities.
Copyright © 2017 GT Nexus, an Infor company. All rights reservedgtnexus.com