Magazine Article | February 14, 2015

Cutting-Edge Supply Chain Strategies: Omni-Channel's Next Big Thing

Source: Innovative Retail Technologies
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March 2015 Integrated Solutions For Retailers

Consumer expectations of a seamless omni-channel experience are reinventing the supply chain.

Communication between retailers and suppliers will look very different in the near future. In order to meet the increasing demands of the consumer, control costs, and enhance collaboration, retailers and suppliers must improve processes for sharing data and extract as much value as possible from that data. The Trading Partner Interface of the Future, as conceptualized by RVCF, will achieve these goals while strengthening relationships between retailers and suppliers. By exploring the key areas of retailer-supplier communication, this report provides insights into what such a solution would entail and the business benefits it would create. Stakeholders in technology companies should take note that it is our vision that unrestricted, synchronized data sharing is the direction of the future.