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| FullTilt's Solution for the Retail Industry |
Collaborating with your partners in the supply chain requires accurate, synchronized product information. Effectively managing large volumes of product information throughout your supply chain helps your company increase revenues and decrease costs by speeding new product introductions, automating procurement, improving invoice and order accuracy, improving your overall business process efficiencies, and making it easier for trading partners to do business with you.
The centralizing of product information from multiple suppliers while maintaining regional, store, pallet and item level information is paramount as you attempt to ring out costs and inefficiencies. It is vital that you have a comprehensive data synchronization solution that can aggregate information from all suppliers with the flexibility to accommodate their preferred communication protocols and formats. Mean while, your must ensure that your internal synchronization maintains up-to-date information in all back-end and store-level systems, such as point-of-sale, merchandising, or warehouse management systems.
FullTilt's Perfect Product Suite enables resellers to synchronize product data with evolving standards represented by EAN/UCC, and the Global Commerce Initiative (GCI) and implement Global Trade Item Numbers (GTIN), Global Location Numbers (GLN) and the entire family of EAN/UCC data structures in order to maximize Global Data Synchronization initiatives. Organize product information logically in unlimited categories, hierarchical structures and taxonomies, giving you the capability to publish to unlimited subscribers in unlimited formats.
Perfect Product Suite enables retailers to benefit from synchronized product information internally in many capacities:
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Increased customer service levels and improved loyalty from reliable product availability |
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Faster 'time-to-shelf' increasing lift factor |
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Faster and more accurate response to product information queries by customers |
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Improved relationship and coordination with suppliers |
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Reduced administrative costs from reduced processing errors and manual intervention |
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Reduction in overall inventory costs |
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Better on-time sourcing of goods |
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Higher visibility into market acceptance and other performance measures for sound business decisions |
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| Merchandising will benefit |
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More effective coordination with promotions and merchandizing plans for higher sales volumes |
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Assurance of correct order placement and fulfillment |
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Greater visibility into new product attributes and discontinued products for improved buying decisions |
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Ability to manage product information from a store-specific or regional focus |
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Leverage existing technology investments |
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Platform for impending industry initiatives (RFID, Sunrise 2005, CPFR) and ability to adapt to changing industry standards. |
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Ability to ensure synchronization among all back-end and store-level systems |
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Lower total cost of ownership |
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Leverage product information from existing systems and transform cryptic, inconsistent product data quickly and easily into rich integrated product information. |
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Control product information quality, consistency and integrity by eliminating data redundancy and by enforcing product data standardization through rules-based data cleansing and validation based on product domain knowledge and industry standards. |
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Organize attributed, normalized and rationalized product information in unlimited categories, hierarchical structures and taxonomies in a shared central repository and integration hub, with Perfect Product Suite either as "the system of record" or integrated and synchronized with other enterprise "systems of record." |
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Maintain automated product information integrity and internal synchronization on an ongoing basis and coordinate product information flows throughout your enterprise. |
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Manage, review and approve product information through the Web, email, a portal, a data feed or other familiar means with end-to-end control of your entire product information management business process. |
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Distribute workflow throughout your enterprise to users anywhere in the world with a friendly and intuitive Web-based user interface, open architecture and role-based security giving users access to different data in different ways at different levels under tight controls. |
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