Fast-Track Retail Small Supplier Onboarding and Data Exchange
To maintain control of their supply chain, retailers need to be able to easily connect and collaborate with 100 percent of their suppliers. However, many are spending large amounts of time and money manually processing data from their smaller suppliers to support supplier enablement. The problem? Up to 80 percent of small suppliers aren’t able to support traditional B2B formats for supplier data exchange.
As a result, many retailers resort to investing in manual workarounds to integrate and exchange data with their small suppliers. Not only are these workarounds costly and time-consuming, they also often result in information delays and incomplete, error-filled information that must be validated and corrected before retailers can make important decisions.
Retailers need a way to easily connect and improve collaboration to support supplier onboarding and data exchange.
The Informatica Solution for Retail Small Supplier Enablement
The Informatica solution for retail small supplier enablement, helps you reduce the time and cost of manually processing data from small suppliers. It allows you to effectively connect to and collaborate with the 80 percent of small suppliers that are unable to support traditional B2B formats, while shrinking integration time and expense and ensuring that the data you share with your small suppliers is of the highest quality.
With the Informatica solution for small supplier enablement, retailers can:
- Eliminate manual processing of data for supplier enablement
- Speed supplier onboarding and automate data exchange to support supplier enablement
- Ensure quality data exchange with automated data validation and error reporting
- Give businesses the tools they need to take ownership of small supplier onboarding and supplier enablement
- Improve overall collaboration with small suppliers
The Informatica Solution for Retail Small Supplier Enablement: Key Capabilities
The Informatica solution for retail small supplier enablement is different from other solutions on the market, because it allows retailers to rapidly onboard small suppliers while automating all types of data exchange.
Based on a comprehensive, open, unified platform, this solution features the following capabilities:
- Support for parsing of unstructured data, such as Microsoft Word, Excel, and PowerPoint documents, facilitates supplier enablement by allowing small suppliers to integrate files without changing them
- Prebuilt EDI libraries for retail, including VICS, UCS, and X12 to accelerate new projects and support supplier enablement
- Local operator-specific parameters to direct Informatica PowerCenter workflows and maximize reuse
- Ability to use a single mapping to build canonical-based Excel templates and standardize data exchanges with smaller suppliers
- Schema validation of data to proactively flag errors before low quality data is moved into billing systems
- End-to-end activity monitoring of all exchanges to rapidly identify and resolve data errors
- Audit trails and partner dashboards to empower the business with effective performance monitoring